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Topics: investment

Ashok Chavan: Maharashtra to borrow Rs 15,000 crore in loan from ADB for road works

Maharashtra PWD Minister Ashok Chavan on Monday said, "The Govt will borrow a loan of Rs 15,000 crore from Asian Development Bank (ADB) for...

Medanta gets Rs 100 crore loan from ADB to fight COVID-19

Hospital chain Medanta has received Rs 100 crore from Asian Development Bank (ADB) to purchase healthcare services and medical equipment. ADB in its statement said,...

Report: Byjus to acquire Toppr Technologies for $150 mn

India's leading online learning platform Byjus is reportedly acquiring its rival Toppr Technologies. Quoting sources familiar with the deal, Bloomberg on Monday reported, "Byjus is...

Pencil draws $1 million in pre-Series A round

Mumbai based digital publisher Pencil has raised $1 million in pre-Series A round funding. Led by SOSV, along with Infection Point Ventures (IPV), and Artesian....

Geojit partners with Lotusdew to launch small, mid-cap basket using AI

Geojit Financial Services has announced its partnership with Loctusdew to launch small, mid-cap stock baskets that use behavioral finance and AI to identify dominant...
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KreditBee concludes $75 mn in Series C round from Premji Invest and others

Bangalore based fintech startup KreditBee has raised $75 million in Series C of the primary and secondary round. The round was led by Premji Invest...

B2B learning platform Eupheus learning raises $4.1 million in series B round

Delhi-based B2B learning platform Eupheus Learning has raised $4.1 in series B round funding led by United Education Company (UEC); Kuwait's leading company in...

TrueScale Capital to commence operations in India

PRESS RELEASE: TrueScale Capital, a Series B/C specialist in the venture growth market in India, launched operations today. This investment firm is headed by...

Startbeans launches AI-based solutions to help private sector drive sales

AI-based online learning service provider Startbeans has announced the launch of AI-based solutions to promote and enhance corporate sectors to drive better sales. "Aimed at...

Pepperfry draws Rs 35 crore in debt

Online furniture retailer Pepperfry has raised Rs 35 crore in debt from InnoVen Capital. "The funds will be used for expansion of business across the...
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NHPC raises Rs 1500 crore through bonds

Public listed hydropower company National Hydroelectric Power Corporation Limited (NHPC) has raised Rs 1,500 crore through issuance of non-convertible taxable bonds." In a filing with...

FingerprintJS locks $8 mn Series A round for fraud prevention APIs

FingerprintJS on Friday said, "It has raised $8 million in series A round funding led by Nexus Venture Partners." The round also saw the participation...

Mastercard to soon allow cardholders to transact in cryptocurrencies

Mastercard on Wednesday said, "It will soon allow cardholders to transact in certain cryptocurrencies on its network." Raj Dhamodharan, Executive VP, Digital assets, Blockchain, and...

BHEL receives order from the Indian Navy

Lending engineering company Bharat Heavy Electrical Ltd (BHEL) on Thursday said, "It has received an order from Indian Navy for supplying two Super Rapid...

BharatPe raises $108 mn in Series D equity round

India-based fintech startup BharatPe has raised $108 million in a Series D equity round led by existing investor Coatue Management. The round also saw the...
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NIIFL commits to invest $100 mn from New Development Bank into NIIF Fund of Funds

The National Investment and Infrastructure Fund Ltd (NIIFL) has said, "It will invest $100 million from the New Development Bank (NDB) into the NIIF...

“Agri startups can deliver innovative products to farmers,” says Karnataka Agriculture Minister

Agriculture Minister in Govt of Karnataka,  BC Patil on Wednesday said, "Agri startups can provide missing links in the agricultural value chain and deliver...

Machine Learning And Data Analytics The New Tools For Boosting Business Momentum

Multi-faceted data analytics can be defined as the process of interpreting, cleansing, transforming, and sharing data. The sole motive is to derive information, used...

Finance and Investment Should be Mandated in all Curriculum

The recent economic crisis has focused a spotlight on the need for financial decision-making in times when the economy is uncertain. Our school education...

IRB Infrastructure Developers eyes for Rs 2,220 crore through NCDs

IRB Infrastructure Developers on February 10, said, "It will raise Rs 2,220 crore through issuance of non-convertible debentures (NCDs). In a filing with the exchange,...
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Nothing draws $15 Mn in series A round funding

London based consumer technology startup, Nothing has raised $15 million in series A round funding led by GV (previously known as Google Ventures). "The startup...

Scentials draws $6 mn from TIW Private Equity

Former tennis player Mahesh Bhupati's Personal care brand, Scentials World have raised $6 million from TIW Private Equity (TIW PE). "The company plans to...

Irrigation Association of India applauds Union Budget 2021-22

In our country, water scarcity is a big challenge as almost 54% of India is facing high to extreme water stress and as agriculture...

Eduvnaz secures debt funding from InCred financial services and others

Eduvnaz has raised $10 million in debt funding from InCred Financial Services, Vivrita Capital, and from Northern Arc Capital. Founded in 2016 by Varun Chopra...

Progcap raises Rs 10 crore in debt round from Stride Ventures

India settled fintech company, Progcap has raised Rs 10 crore in debt round from Stride Ventures Partners. "The funds will be strategically deployed to increase...
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Tesla Motors invests $1.50 bn in bitcoin

U.S based electric vehicles company, Tesla Motors on Monday said, "It has invested an aggregate $1.50 billion in bitcoin." In a filing with the SEC,...

Unlu raises Rs 9 crore in seed funding

Delhi based celebrity engagement platform Unlu has raised Rs 9 crore in series seed round from Nexus Venture Partners, Mumbai Angels, TiE and Expert...

VerSe Innovation secures $100 mn from Qatar Investment Authority and others

The parent company of Dailyhunt and short video app Josh, VerSe Innovation has raised $100 million in its fresh round funding. Led by Qatar Investment...

FCC suggested Ministry of Finance to allow 74% FDI insurance sector

The Union Finance Minister Nirmala Sitharaman on Monday announced an increase in Foreign Direct Investment (FDI) limit in the insurance sector from 49% to...

Opinion: Budget 2021 makes NRIs an equal partner in Digital India’s growth story

Welcoming the focus of the 2021 Union Budget on inclusive governance policies for all-round capital spending on infrastructure and digital initiatives, this Budget has...
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