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HonorTech will relaunch the Honor brand in India with an initial investment of Rs 1,000 crore-thumnail

HonorTech will relaunch the Honor brand in India with an initial investment of Rs 1,000 crore

HonorTech, a company to make a comeback, in India’s smartphone industry has announced a significant initial investment of Rs 1,000 crore.

Business

Aug 21, 2023

3 Indian family offices secure a stake in FirstCry for about INR 435 Cr-thumnail

3 Indian family offices secure a stake in FirstCry for about INR 435 Cr

Indian family offices have invested INR 435 crore, in the renowned e-commerce giant FirstCry, which focuses on children’s products. This investment allowed them to acquire SoftBank’s stake in the company.

Investment & Funding

Aug 21, 2023

Veda VC, an early-stage venture capital fund, announces the first close of its Rs. 250 crore corpus-thumnail

Veda VC, an early-stage venture capital fund, announces the first close of its Rs. 250 crore corpus

Veda VC, a venture capital fund, at a stage, has successfully raised a funding round of Rs 250 crore. The funding was led by family offices and leaders in the startup industry.

Business

Aug 21, 2023

Tata Sons planning a £4 billion battery plant in the UK for Jaguar and Land Rover-thumnail

Tata Sons planning a £4 billion battery plant in the UK for Jaguar and Land Rover

Tata Sons are taking the initiative to build an EV battery factory, in the United Kingdom. With an investment of £4 billion, they are demonstrating their dedication to transportation and keeping up with the changing trends in the global automotive industry.

Automotive

Aug 21, 2023

TPG And Temasek Contribute Rs 664 Billion To Dr. Agarwal’s Chain Of Eye Hospitals-thumnail

TPG And Temasek Contribute Rs 664 Billion To Dr. Agarwal’s Chain Of Eye Hospitals

Dr. Agarwal’s eye care chain intends to use the funds to increase its network from the present over 150 facilities to over 300 centres.

Business

Aug 17, 2023

Promoters Of  INOX Wind Invest Rs 500 Crore Through Block Sales To Pay Off Debt-thumnail

Promoters Of  INOX Wind Invest Rs 500 Crore Through Block Sales To Pay Off Debt

Inox Wind Block Deal: The company stated in a filing that this action represents a significant step towards financial stability.

Investment & Funding

Aug 17, 2023

Lending and card management platform Vegapay raises $1.1 million-thumnail

Lending and card management platform Vegapay raises $1.1 million

Vegapay has recently raised $1.1 million, in seed funding with Eximius Ventures leading the investment and receiving support from DSP HMK, Capri Global, and other investors.

Investment & Funding

Aug 16, 2023

Axis Asset Management launches Rs. 1250 crore private credit alternative investment fund-thumnail

Axis Asset Management launches Rs. 1250 crore private credit alternative investment fund

Axis Asset Management, the mutual fund division of Axis Bank has recently launched a credit fund with the objective of raising up to Rs 1,250 crore from a diverse group of investors.

Business

Aug 14, 2023

South Korea’s largest telecom firm SK Telecom to invest in google backed AI Firm Anthropic-thumnail

South Korea’s largest telecom firm SK Telecom to invest in google backed AI Firm Anthropic

SK Telecom, a company has made a significant investment of $100 million, in Anthropic, an AI firm based in the United States that is posing a challenge to OpenAI.

Artificial Intelligence

Aug 14, 2023

Zerodha receives approval from SEBI to set up AMC; Vishal Jain appointed head-thumnail

Zerodha receives approval from SEBI to set up AMC; Vishal Jain appointed head

Zerodha under the leadership of CEO Nithin Kamath has received approval, from SEBI to establish an asset management company (AMC) in collaboration with Smallcase. Their primary focus will be, on

Business

Aug 12, 2023

Investing in Rahul Yadav’s 4B Networks was a mistake, according to Info Edge’s Sanjeev Bikhchandani-thumnail

Investing in Rahul Yadav’s 4B Networks was a mistake, according to Info Edge’s Sanjeev Bikhchandani

Info Edge invested Rs 288 crore in 4B Networks, of which Rs 276 crore was stock and Rs 12 crore was loan. In its Q3 FY23 financial statements, the business

Finance

Aug 12, 2023

Chakr Innovation a climate technology-focused startup receives 18 cr in funding-thumnail

Chakr Innovation a climate technology-focused startup receives 18 cr in funding

Chakr Innovation, a startup focused on climate technology has received INR 18 Cr ($2.2 Mn) in funding, from India’s EXIM Bank to support the development of emission control devices.

Business

Aug 11, 2023


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