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Funding-: Nazara Tech raises 410 crore from SBI Funds after Nikhil Kamath-thumnail

Funding-: Nazara Tech raises 410 crore from SBI Funds after Nikhil Kamath

Nazara Tech raised Rs 410 crore from SBI Fund. This investment is aimed at capitalizing on the growing gaming industry in India, which is expected to reach a value of $5 billion by 2025.

Business

Sep 7, 2023

G20 Summit: The Centre will give visiting delegates an interactive UPI experience-thumnail

G20 Summit: The Centre will give visiting delegates an interactive UPI experience

Customers may make round-the-clock payments instantaneously using a Virtual Payment Address (VPA) they generate utilizing the Unified Payments Interface (UPI), a mobile-based rapid payment system in India.

Digital Transformation

Sep 7, 2023

Ola Funding: Ola Electric raises $140 million in fresh funding from existing investors-thumnail

Ola Funding: Ola Electric raises $140 million in fresh funding from existing investors

Ola Electric recently raised $140 million, in funding from its investors such as Temasek Holdings. This investment has valued the company at around $5.4 to 5.5 billion.

Investment & Funding

Sep 7, 2023

Through a rights offer, Ather Energy raises Rs 900 crore from Hero MotoCorp and GIC-thumnail

Through a rights offer, Ather Energy raises Rs 900 crore from Hero MotoCorp and GIC

Ather Energy, an electric scooter manufacturer in India, announced on Wednesday that it has received Rs 980 crore ($108.27 million) from its shareholders Hero MotoCorp and Singapore’s GIC through a

Business

Sep 6, 2023

To build a food facility in Assam, PepsiCo India would invest 778 crore-thumnail

To build a food facility in Assam, PepsiCo India would invest 778 crore

PepsiCo India, a food and beverage firm, said on Wednesday that it will invest 778 crore to build its first production facility in Assam with a food focus, facilitating access to markets in the northeast.

Investment & Funding

Sep 6, 2023

Microsoft backs AI chip startup d-Matrix with $110 million-thumnail

Microsoft backs AI chip startup d-Matrix with $110 million

The Silicon Valley-based artificial intelligence semiconductor startup d-Matrix has received $110 million from investors include Microsoft

AI

Sep 6, 2023

Investment: Tabreed to set up Asia’s largest district cooling project in Hyderabad with investments of $200 million-thumnail

Investment: Tabreed to set up Asia’s largest district cooling project in Hyderabad with investments of $200 million

Tabreed in collaboration, with the Telangana government, has unveiled a cooling infrastructure project for Hyderabad Pharma City.

Business

Sep 6, 2023

Blockchain Revolution: Story Protocol Secures $54M Led by Andreessen Horowitz-thumnail

Blockchain Revolution: Story Protocol Secures $54M Led by Andreessen Horowitz

Story Protocol, an open Infrastructure intended to drive another period of imagination and protected innovation (IP) proprietorship

Business

Sep 6, 2023

The new soundbox from Paytm, which costs Rs 999, will now take card payments-thumnail

The new soundbox from Paytm, which costs Rs 999, will now take card payments

Paytm, a fintech company, unveiled the “Paytm card sound box” on Monday. This upgraded soundbox now accepts card payments in addition to mobile payments. The cost of the newly released smartphone is Rs 999.

Business

Sep 4, 2023

State Bank of India (SBI) unveils UPI interoperability in its Digital Rupee-thumnail

State Bank of India (SBI) unveils UPI interoperability in its Digital Rupee

The State Bank of India (SBI) has introduced UPI interoperability for its Digital Rupee (e rupee), or Central Bank Digital Currency (CBDC), via the ‘e rupee by SBI’ app.

Digital Transformation

Sep 4, 2023

Real estate developer Anant Raj Limited to develop 300 MW data center with ₹10,000 crore investment-thumnail

Real estate developer Anant Raj Limited to develop 300 MW data center with ₹10,000 crore investment

Delhi-based real estate developer Anant Raj Limited is making waves in the data center industry with plans to invest ₹10,000 crore in developing 300 MW data center facilities.

Business

Sep 4, 2023

Telco Reliance Jio raising $2 billion in Offshore loans with BNP Paribas as arranger-thumnail

Telco Reliance Jio raising $2 billion in Offshore loans with BNP Paribas as arranger

India’s leading telecom provider, Reliance Jio has recently obtained loans amounting to $2 billion from BNP Paribas.

Business

Sep 4, 2023


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