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Mach Industries receives Sequoia’s first defense technology investment-thumnail

Mach Industries receives Sequoia’s first defense technology investment

According to the two firms, defence startup Mach Industries has raised $5.7 million in a seed round led by Sequoia Capital, marking the first-ever investment in defence technology in the company’s history.

Investment & Funding

Jun 16, 2023

Lenskart will get a $100 million investment from ChrysCapital-thumnail

Lenskart will get a $100 million investment from ChrysCapital

ChrysCapital has invested $100 million in Lenskart, the two companies said Thursday, bringing the Asian eyeglasses startup’s total funding raised in the last year to $850 million as it extends its portfolio and worldwide reach.

Investment & Funding

Jun 15, 2023

Akasa Air to raise $75-100 Million Funding for Expansion; Jhunjhunwala Family to dilute Stake”-thumnail

Akasa Air to raise $75-100 Million Funding for Expansion; Jhunjhunwala Family to dilute Stake”

Akasa Air, India’s youngest airline, is concocting a plan to amass a staggering $75-100 million by offering fresh shares to investors, according to insiders.

Investment & Funding

Jun 15, 2023

TaxNodes Raises $1.6 Million in Seed Funding to Simplify Crypto Taxation and Compliance-thumnail

TaxNodes Raises $1.6 Million in Seed Funding to Simplify Crypto Taxation and Compliance

TaxNodes, with its end-to-end solutions, has secured a whopping $1.6 million in seed funding to streamline the intricacies of crypto taxation and compliance. Notable investors from the web3 and wealth

Business

Jun 14, 2023

What Effect Would The Valuation Reductions At Byju’s, Swiggy, And Meesho Have On Esops?-thumnail

What Effect Would The Valuation Reductions At Byju’s, Swiggy, And Meesho Have On Esops?

BlackRock, Invesco, and Fidelity Investments all decreased their estimates of the value of Swiggy, BYJU, and Meesho, respectively. This Valuation reduction will also have an effect on the value of the ESOPs to which workers at these firms are entitled.

Investment & Funding

Jun 13, 2023

Indifi Technologies raise $35 million to expand digital lending to small businesses-thumnail

Indifi Technologies raise $35 million to expand digital lending to small businesses

Indifi Technologies, an Indian startup that provides digital lending to small and medium-sized enterprises, has raised $35 million in a new funding round that was spearheaded by ICICI Venture, the investment arm of ICICI Bank.

Investment & Funding

Jun 13, 2023

6 Common Myths of SIP Investing Busted-thumnail

6 Common Myths of SIP Investing Busted

Embark on a journey of knowledge as we debunk six common myths surrounding systematic investment plans or SIP investing. As passionate fund managers and investors, it is essential to shed

Investment & Funding

Jun 13, 2023

Mirae Global Invests INR 1,240 Cr in Indian Arm, Scaling up m.Stock and Driving Financial Innovation-thumnail

Mirae Global Invests INR 1,240 Cr in Indian Arm, Scaling up m.Stock and Driving Financial Innovation

Mirae Global

Investment & Funding

Jun 13, 2023

UBS Completes Emergency Takeover of Credit Suisse, Creates Swiss Banking Giant-thumnail

UBS Completes Emergency Takeover of Credit Suisse, Creates Swiss Banking Giant

UBS, the world’s largest wealth manager, announced on Monday that it has successfully completed its emergency takeover of Credit Suisse, a move that creates a giant Swiss bank with a

Investment & Funding

Jun 12, 2023

Cohere, an AI firm, has raised $270 million in a fundraising round led by Nvidia-thumnail

Cohere, an AI firm, has raised $270 million in a fundraising round led by Nvidia

Cohere, a competitor to Microsoft-backed OpenAI, said on Thursday that it had secured $270 million in a fundraising round led by Nvidia, Oracle, and Salesforce Ventures, among others.

Investment & Funding

Jun 9, 2023

Toyota will invest $328 million in a hybrid pickup plant in Mexico-thumnail

Toyota will invest $328 million in a hybrid pickup plant in Mexico

Toyota, a Japanese automaker, announced on Thursday that it would increase its investment in a facility in the state of Guanajuato, central Mexico, by $328 million as it tries to modify its manufacturing procedures for a new hybrid version of its Tacoma pickup vehicle.

Investment & Funding

Jun 9, 2023

“Odisha Government Approves Rs 3,457 Crore Investment Proposals, Promises Job Creation”-thumnail

“Odisha Government Approves Rs 3,457 Crore Investment Proposals, Promises Job Creation”

Odisha government greenlights investment proposals worth Rs 3,457 crore, generating employment for over 14,000 individuals. The approvals, granted at the State Level Single Window Clearance Authority (SLSWCA) meeting, include projects in sectors such as metal downstream, pharmaceuticals, food processing, cement, textiles, IT, and ESDM. Odisha cements its position as a top investment destination.

Business

Jun 9, 2023


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