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Epiq Capital successfully closes fund raising for Eqip Capital II with $225 mn in bank-thumnail

Epiq Capital successfully closes fund raising for Eqip Capital II with $225 mn in bank

Epiq Capital, founded in April 2016 by the former managing director of Matrix Partners India, Navani, boasts an impressive portfolio including Lenskart, a unicorn in the eyewear industry, Dailyhunt, a

Finance

Jun 28, 2023

Nissan is unwilling to replace Ashwani Gupta’s position as COO following his resignation.-thumnail

Nissan is unwilling to replace Ashwani Gupta’s position as COO following his resignation.

The empty chief operating officer job left by Ashwani Gupta’s resignation won’t be filled, according to Nissan Motor Co.’s announcement.  Nissan is an automotive manufacturer. Nissan Motor Co Ltd. It

Business

Jun 28, 2023

Generali Faces Challenges in Shedding €20 Billion Insurance Liabilities Amidst Rising Interest Rates-thumnail

Generali Faces Challenges in Shedding €20 Billion Insurance Liabilities Amidst Rising Interest Rates

Italian insurer Assicurazioni Generali (GASI.MI) has encountered obstacles in its plans to divest up to €20 billion ($21.87 billion) of insurance liabilities as a surge in interest rates has complicated negotiations with potential buyers.

Business

Jun 28, 2023

Promoter entities raised $1 billion by selling shares of Adani Green Energy and AEL-thumnail

Promoter entities raised $1 billion by selling shares of Adani Green Energy and AEL

To generate $1 billion, the Adani Group’s promoter companies sold a portion of their ownership in their flagship company, Adani Enterprises, as well as in Adani Green Energy.

Business

Jun 28, 2023

Flowie wants invoices to flow freely-thumnail

Flowie wants invoices to flow freely

Meet Flowie, a new French startup that seeks to make money transfers between businesses easier. The company centralizes all accounts receivable and payable information so that everyone in the company can view essential information when it comes to getting paid by clients and receiving money from suppliers.

News

Jun 28, 2023

China Takes Measures to Stabilize Falling Yuan: Signs of Unease Over Currency’s Slide-thumnail

China Takes Measures to Stabilize Falling Yuan: Signs of Unease Over Currency’s Slide

China has set a stronger trading band for its currency, the yuan, amid growing concerns over its rapid decline against the dollar. The country’s central bank, the People’s Bank of

Finance

Jun 27, 2023

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus-thumnail

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus

According to its largest investor, Prosus, food and grocery delivery giant Swiggy’s gross merchandise value (GMV) only increased a little, from $2.3 billion in FY22 to $2.6 billion in FY2023—a gain of just about 13 percent.

Business

Jun 27, 2023

The Telegram version of Stories will soon be available-thumnail

The Telegram version of Stories will soon be available

Telegram stands apart because of its emphasis on privacy, encryption, and an open-source API. Along with the official Telegram applications and web interface, there is a tonne of unauthorized clients. various accounts on the same device are also permitted, as well as the usage of various devices with the same account (confirmed by SMS).

Business

Jun 27, 2023

Kabeer Chaudhary is promoted to global CEO of M&C Saatchi Performance-thumnail

Kabeer Chaudhary is promoted to global CEO of M&C Saatchi Performance

The global performance marketing company M&C Saatchi Performance, where Kabeer Chaudhary now holds the post of managing director for APAC, has elevated him to the role of global chief executive officer.

Business

Jun 27, 2023

This fiscal year, poultry income is expected to increase by 10%-thumnail

This fiscal year, poultry income is expected to increase by 10%

According to a research note by Crisil Ratings, the Indian poultry industry’s revenue would increase by 10% this fiscal year as a result of continued demand growth and moderating realizations, even as new capabilities come online and increase volume.

Business

Jun 27, 2023

BluJ Aero raises $2.25 million in seed funding for electric aircraft manufacturing-thumnail

BluJ Aero raises $2.25 million in seed funding for electric aircraft manufacturing

BluJ Aero, an aviation start-up, has successfully raised a whopping $2.25 million in seed funding to propel its ambitious plans of developing a revolutionary hybrid-electric VTOL aircraft.

Investment & Funding

Jun 27, 2023

World Bank grants $391 million in loans for the development of Assam and Tripura-thumnail

World Bank grants $391 million in loans for the development of Assam and Tripura

In a momentous announcement on Monday, the World Bank rendered its seal of approval to bestow a staggering sum of USD 391 million in financing.

Finance

Jun 27, 2023


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