Topics: investment

REPL bags multiple orders from Govt of Assam, Uttarakhand, and Odisha

Delhi-based infrastructure consultancy firm REPL announced that it has bagged 3 different orders from the state governments of Odisha, Assam for Architectural & Engineering...

Insurtech startup Symbo raises $9.4 mn in Series A funding

Singapore Headquartered Insurtech startup Symbol Platform Holdings has raised $9.4 million in series A round funding led by CreditEase Fintech Investment Fund, and Think...

Apna raises $12.5 mn from Sequoia Capital, Greenoaks Capital, and others

A market-leading vertical professional networking platform for India's working class, Apna has raised $12.5 million in a fresh round of funding led by Sequoia...

U GRO appoints Amit Gupta as Chief of Treasury

A private lending platform for small businesses, U GRO Capital has announced the appointment of Amit Gupta as Chief Treasury Officer. "In this role, he...

ixamBee raises undisclosed amount from Mumbai Angels and Keyur Joshi

Online education platform for government jobs ixamBee has raised an undisclosed amount in fresh round funding led by Mumbai Angels. The round also saw participation...
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Drone maker ideaForge raises Rs 15 crore from BlackSoil

Homegrown drone maker ideaForge has raised Rs 15 crore from debt round investor BlackSoil. "The fund will be used for meeting the working capital requirements...

Sterlite Technologies bags order worth $100 mn from Middle East and Africa

Telecom equipment manufacturer Sterlite Technologies Ltd (STL) has received an order worth $100 million from Middle-East and Africa for setting up a network and...

Reliance Industries invest additional $26.75 mn in skyTran Inc to acquire a majority share

Reliance Industries Ltd wholly-owned subsidiary Reliance Strategic Business Ventures (RSBVL) has acquired additional equity shares in skyTran Inc. In a filing with the exchange, Reliance...

Infosys to add 300 local jobs in Pennsylvania

As a part of the U.S. expansion plan, Global IT firm Infosys has announced to hire about 300 local jobs in Pennsylvania. "The company will...

Battery Smart raises undisclosed amount from Orios Venture Partners and Faad Network

India-based electric vehicle battery swapping stations for E-rickshaws, Battery Smart has raised an undisclosed amount in series seed round funding led by Orios Venture...
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IIFL Finance raises Rs 100 crore through debentures

IIFL Finance Ltd has said, "It has raised Rs 100 crore through issuance of non-convertible debentures (NCDs) on private placement basis." IIFL Finance in a...

Arzooo secures $6 mn from Trifecta Capital

Bengaluru-based retail tech startup Arzooo on Wednesday raised $6 million from Trifecta Capital. "The funds will be used for network expansion, scaling up its supply...

Tata Power raises Rs 900 crore through NCDs

Power Utility company Tata Power has raised Rs 900 crore through the issuance of non-convertible debentures (NCDs). In a filing with the exchange, Tata Power...

BlueShift raises $30 mn from Fort Ross Ventures, Avatar Growth Capital and others

San Francisco based AI-powered customer data platform BlueShift on Wednesday raised $30 million in series C financing led by Fort Ross Ventures along with...

SBI Cards raises Rs 550 crore through bond issue

SBI Cards and payment services on February 22, said, "It has raised Rs 550 crore through issuance of bonds on a private placement basis." In...
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REC Ltd Secures $500 million via Global Medium Term Note Program

Leading infrastructure finance company REC Ltd on Tuesday said, "It has raised $500 million through the issuance of notes under its $7 billion Global...

Innopreneurs picks 10 startups from India and neighboring countries for its 6th edition

Innopreneurs, a platform for start-up founders, entrepreneurs, and aspirants to showcase their ideas in action and reap the benefits of validation, networking, mentoring, and...

FashionTech startup CouchFashion raises $150k from We Founder Circle

A B2B FashionTech startup CouchFashion has raised $150K in seed round funding from We Founder Circle. "The startup plans to use fresh funding for hiring,...

Edtech startup Vedantu acquires Instasolv

Online education startup Vedantu has acquired a doubt-solving platform Instasolv for an undisclosed amount. Vedantu in its statement said, "The acquisition of Instasolv will further...

Zomato raises $250 mn from Kora Management, Fidelity and others

Online food delivery company Zomato has raised $250 million in primary round funding on a fully converted and diluted basis. Info Edge and investee in...
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Kirana Capital draws $10 million from IndusInd Bank

India settled lender to small business, Kirana Capital has raised $10 million from IndusInd Bank with a 100% guarantee from the U.S. International Development...

UAE signs $1.3 billion defense deal

The United Arab Emirates (UAE) has signed a defense contract worth 5 billion dirhams (approx $1.3 billion) from local and international companies. Speaking on the...

Flipkart partners with Tamil Nadu trade body to promote small business grow

Walmart owned e-commerce company Flipkart has signed a memorandum of understanding (MoU) with Tamil Nadu Micro, Small Medium Enterprises Trade and Investment Promotion Bureau...

“Received multiple interests for Pawan Hans,” says Govt

Department of Investment and Public Secretary Tuhin Kanta Pandey on February 18, said, "It has received multiple interests for helicopter company Pawan Hans." In a...

DLF Cyber City Developers completes acquisition of 51.8% stake in Fairleaf Real Estate

DLF Cyber City Developers Ltd on Thursday announced that "It has completed the acquisition of 51.8 percent stake in Fairleaf Estate Private Ltd for...
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IDFC First Bank board okays to raise Rs 3000 crore

Private sector financial institution, IDFC First Bank has said, "Its board has approved raising of up to Rs 3,000 crore through various modes." In a...

L&T secures orders to develop two units of Kudankulam Nuclear Power project

The leading infrastructure company Larsen and Toubro (L&T) on February 18 said, "L&T Construction has secured an order from Nuclear Power Corporation of India...

Vogo secures $11.5 mn from Lightrock, Kalaari and others

Two-wheeler rental service provider Vogo has raised $11.5 million in the extension of series C round from its existing investors including Light rock, Kalaari...

L&T Finance raises Rs 2,998 crore via right issue

L&T Finance Holdings Ltd (LTFH) on Wednesday said, "It has raised Rs 2,998 crore through a right issue." In a filing with the exchange, L&T...

Dubai based Gibraltar Technologies acquires HCL Infotech

Dubai-based technology company Gibraltar Technologies (GT) has announced the acquisition of HCL Infotech for 74.6 million dirhams. GT in its statement said, "The company along...
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