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Iron Pillar raises $129 million to invest in cloud startups in India-thumnail

Iron Pillar raises $129 million to invest in cloud startups in India

A venture growth investor named Iron Pillar has completed the successful closing of a $129 million Series B and C stage fund aimed at funding Indian-based global cloud software startups.

Finance

Apr 5, 2023

“India Implements Measures to Manage the Taxation on Crude Oil and Its Byproducts”-thumnail

“India Implements Measures to Manage the Taxation on Crude Oil and Its Byproducts”

The Indian government has been implementing various measures to manage the taxation on crude oil and its byproducts like petrol, diesel, and aviation turbine fuel (ATF). The tax rates are

Business

Apr 4, 2023

World Bank predicts 6.3% growth for India’s GDP in FY24-thumnail

World Bank predicts 6.3% growth for India’s GDP in FY24

The World Bank stated in its most recent report on Tuesday that despite some moderating in the second half of the previous fiscal, India’s GDP growth is anticipated to be

Finance

Apr 4, 2023

Asian Development Bank forecasts India and China to grow faster in 2023-thumnail

Asian Development Bank forecasts India and China to grow faster in 2023

The Asian Development Bank (ADB) stated in a research release on Tuesday that China’s recovery from the epidemic and strong demand in India will propel strong economic development in Asia

Business

Apr 4, 2023

So far, FII flows in 2023 have been erratic, while DIIs have invested more than $10 billion-thumnail

So far, FII flows in 2023 have been erratic, while DIIs have invested more than $10 billion

Foreign institutional net investments turned positive in March, thanks to GQG Partners’ investment in Adani Group companies. For the third month in a row, foreign institutional investors have been selling

Business

Apr 4, 2023

Acuite Ratings & Research revises India’s external deficit forecasts-thumnail

Acuite Ratings & Research revises India’s external deficit forecasts

Acuite Ratings & Research, a credit rating agency, has revised its forecast for India’s current account deficit and balance of payments deficit. The agency predicts that India’s current account deficit

Finance

Apr 3, 2023

Meet Mohammad Saad Anwar- The beacon of resilience and efficiency emitting energy for a brighter tomorrow-thumnail

Meet Mohammad Saad Anwar- The beacon of resilience and efficiency emitting energy for a brighter tomorrow

Expectations towards a certain goal can come as a challenge to many of us. We make our best effort to tame the harshness of reality by providing our hard work

Finance

Apr 3, 2023

Mumbai’s DMI Finance raises $400 Mn in the latest round led by Mitsubishi group-thumnail

Mumbai’s DMI Finance raises $400 Mn in the latest round led by Mitsubishi group

Founded in 2008 by Shivashish Chatterjee and Yuvraja C Singh, DMI Finance is a pure-play digital lender with products including consumption, personal, and MSME loans. DMI Finance sources and services

Business

Apr 3, 2023

The report shows government liabilities rose by 2.6 percent during Q3 FY23 to Rs 150.95 lakh crore-thumnail

The report shows government liabilities rose by 2.6 percent during Q3 FY23 to Rs 150.95 lakh crore

According to the most recent public debt management report, the government liabilities rose by 2.6 percent during Q3 FY23 to Rs 150.95 lakh crore in the quarter ending in December

Finance

Apr 1, 2023

CRISIL Report Forecasts Deceleration in Revenue Growth for India’s IT Sector in 2023 Due to BFSI Slowdown-thumnail

CRISIL Report Forecasts Deceleration in Revenue Growth for India’s IT Sector in 2023 Due to BFSI Slowdown

CRISIL Report Forecasts Deceleration, India’s Information Technology (IT), companies are anticipated to encounter a deceleration of 7-9% in revenue growth in 2023 in contrast to this year, as a consequence

Finance

Mar 31, 2023

ZestMoney acquisition deal called off by PhonePe over due diligence, valuation concerns-thumnail

ZestMoney acquisition deal called off by PhonePe over due diligence, valuation concerns

PhonePe, a renowned finance firm that offers EMI financing options to online buyers and is supported by Walmart, has opted to abandon its acquisition intentions for ZestMoney. The sudden action

Business

Mar 30, 2023

<strong>Unofin is acquired by digital lending platform LoanTap</strong>-thumnail

Unofin is acquired by digital lending platform LoanTap

LoanTap, a well-known digital lending platform, has announced the acquisition of Unofin, a fintech company with a focus on healthcare, in order to expand its presence in the healthcare finance

Finance

Mar 29, 2023


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