Topics: investments

Fintso secures $2.6 million in maiden round funding from Mankind Pharma CEO Rajeev Juneja, Piyush Gupta, and others

India-based PaaS (Platform-as-a-Service) startup Fintso has secured $2.6 million in its maiden round funding from the set of individual Angel investors. The new round of...

Market Analysis: “COVID-19 to dry up the liquidity in the FX market, quotes to become wider as participation tapers off.”

The Global Coronavirus situation continues to become grim by the day. Several countries across Europe have come to a grinding halt on account of...

The Adoption of Renewable Source of Energy in India

For many years the hydropower was the only renewable source of energy that was used in India. Solar and wind continued to be untapped...

Space tech startup Agnikul secures Rs 23.4 cr in Pre-series A round funding from Pi Ventures, Artha Ventures, and others

Chennai-based 3D printed single-piece rocket engine marker Agnikul has raised Rs 23.4 crore in Pre-series A round funding from pi Ventures. The new round of...

#YESBankCrisis: Cabinet approves reconstruction scheme for Yes Bank

Union Finance Minister Nirmala Sitharaman on March 13 said that the Cabinet has approved the Reserve Bank of India's (RBI) reconstruction scheme for Yes...

Tata Steel to raise Rs 670 crore through Non-convertible debentures

India-based steel company Tata Steel has said that “Its committee of directors has approved the plan of raising Rs 670 crore through issuance of...

ADB secures Rs 8.5 billion through offshore India rupee-linked bonds

The Philippines-based Asian Development Bank (ADB) on Tuesday said that “It has secured Rs 8.5 billion (approx $118 million), form a new issue of...

Blume Ventures raises $41 million in Fund IIA

One of India's leading Venture Capital, Blume Ventures has announced that it has raised $41 million in Fund IIA. In an official statement, Blume Ventures...

Subramanian Swamy, “GST is the biggest madness of the 21st century”

Describing India's latest tax reform GST as "the biggest madness of the 21st century," BJP leader and Rajya Sabha MP Subramanian Swamy on Wednesday...

Report: India overtakes UK, becomes 5th largest economy with $2.94 trillion GDP

India emerged as the world's fifth largest economy by overtaking the UK and France in 2019, says a report. A US-based think tank World Population...

NIIT announces Rs 337 crores buyback share plan

India's leading IT institute, the National Institute of Information Technology (NIIT) on Saturday announced its Rs 337.4 crore buyback plan. In a filing with the...

Trump’s $1.5 billion uranium bailout triggers a rush of mining plans

President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward...

Wall Street dips as coronavirus dampens optimism

Wall Street edged lower on Friday as uncertainties surrounding the coronavirus epidemic and downbeat economic data put a damper on investor sentiment. While the S&P...

EduTech startup Vedantu swipes $24 million in Series C round funding from GGV Capital

In participation with existing investors, Vedantu, a Bengaluru based online education startup, has raised $24 million in series C round funding from GGV Capital...

India to offer 2,400 hectares of Kashmir land in planned business summit

India plans to offer around 6,000 acres (2,400 hectares) of land in Kashmir as part of a business summit planned for April or May...

Edu-tech startup BYJU’S scores $200 million in funding from General Atlantic

India-based online education startup BYJU'S has raised undisclosed funding from its existing investor General Atlantic. But, according to the media sources, “The investment from General...

Reports: Goldman Sachs to raise $8 bn in its second buyout fund

Goldman Sachs Group Inc plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, bolstering its ability to...

Global green bond issuance to be at $300-$375 billion this year

Global green bond issuance is expected to be between $300-$375 billion this year, after a record year last year, according to research from two...

Coronavirus Outbreak: Over $420 billion wipes out from China's stock market

Investors erased $420 billion from China's benchmark stock index on January 3, sold the yuan and dumped commodities as fears about the spreading novel...

Shriram City Union Finance to raise $1 billion in dollar bond sale through GMTN programme

Chennai-based non-banking financial institution, Shriram City Union Finance Ltd is planning to raise $1 billion in bond sale through Global medium-term notes (GMTN) programme. In...

US venture capital funding decline by 42.5% in last quarter of 2019

US venture capital-backed companies raised $23 billion in the last quarter of 2019, down 42.5% from the same period a year ago, according to...

Manappuram Finance to secure Rs350 crore through issuance of NCDs

India based non-banking financial company, Manappuram Finance Ltd is planning to raise Rs 350 crore through issuance of non-convertible debentures (NCDs) on a private...

Shadowfax raises $60 million in series D round funding from Flipkart, Eight Roads Venture, World Bank’s IFC, and others

India based logistics startup Shadowfax has raised $60 million in series D round funding from Flipkart, Eight Roads Ventures, and few others. The new round...

Dhruva Space secures Rs 5 crores in collective funding from Mumbai Angels, Ravikanth Reddy, and others

A Hyderabad-based end to end solution provider for building small satellites, Dhurva Space has secured Rs 5 crores in a collective angel round funding...

pre-IPO round: Freshworks secures $150 million funding from Google, Sequoia, Accel Partners

Valuing the company at $3.5 billion, the Chennai-based customer engagement software company, Freshworks, has secured $150 million in new round funding from its existing...

Piyush Goyal says, Economic slowdown is in cyclic structure; Its right time to invest in India

Commerce and Industry Minister Piyush Goyal on October 15 said that the recent economic slowdown is a cyclic structural adjustment, and it is the...

FM Nirmala Sitharaman: Will honour contractual commitments under various energy pacts

Finance Minister Nirmala Sitharaman on Monday, October 14, 2019, assured investors that India will honour contractual commitments under various energy agreements. “Commitments shall be honoured...

Wipro Consumer Care Ventures to fund —India, Southeast Asian consumer brands startup

India’s leading FMGC company, Wipro Consumer Care and Lighting have announced a launch of its new venture fund called “Wipro Consumer Care Venture,” to...

China state planner approves $9.72 bn of fixed asset investment projects in August

China's state planner said on Wednesday that it approved 68.9 billion yuan ($9.72 billion) of fixed-asset investment projects in August. The National Development and Reform...

Tata Power arm announces its exit from South African Joint Venture Cennergi for $106 mn

As a part, its strategy to cut its financial liabilities and focus on the domestic market, Tata Power on September 17 announced exit from...

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