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Unstop, a community engagement and hiring platform for students raises $5 million in funding-thumnail

Unstop, a community engagement and hiring platform for students raises $5 million in funding

Unstop, a platform based in Delhi has recently received funding of $5 million. The funding round was led by Mynavi, from Japan and Coursera which marks Courseras’s investment in a company.

Business

Aug 2, 2023

Manipal Group’s Dr. Ranjan Pai mulling plans to invest 80-90 mn in ed-tech firm Aakash-thumnail

Manipal Group’s Dr. Ranjan Pai mulling plans to invest 80-90 mn in ed-tech firm Aakash

Dr. Ranjan Pai, the Chairman of Manipal Group is being seen as a rescuer, for Aakash, an ed-tech company owned by Byjus that is currently facing difficulties. As an investor in Byjus Dr. Pai’s family office is in talks to invest, around $90 million, which would greatly assist the struggling giant and provide some much-needed relief.

Investment & Funding

Aug 1, 2023

Fintech startup RupeeRedee secures $3.5 mn in funding-thumnail

Fintech startup RupeeRedee secures $3.5 mn in funding

RupeeRedee, a fintech startup in India, secured $3.5 million in equity funding from its parent company Digital Finance International. This funding aims to expand its operations and enhance product offerings,

Finance

Jul 31, 2023

Singapore’s real estate firm AT Capital firm & NBFC Experion Capital makes their first India investment-thumnail

Singapore’s real estate firm AT Capital firm & NBFC Experion Capital makes their first India investment

Singapore-based real estate AT Capital firm and NBFC firm Experion Capital has made its first investment in India by providing ₹200 crores as project finance for Vatika Group’s prestigious luxury residential project, Sovereign Park, located in Gurugram.

Business

Jul 31, 2023

Sunil Shetty invests in Pro Panja League; acquires single-digit equity-thumnail

Sunil Shetty invests in Pro Panja League; acquires single-digit equity

Suniel Shetty, a known actor and entrepreneur has recently made an investment, in Pro Panja League. This emerging professional arm wrestling tournament is gaining popularity in India. The league emphasizes its roots welcomes participants, from backgrounds, and aims to attract a wide audience through television broadcasts. In its season the league aspires to captivate viewers and establish an online community. The future looks promising for this growing sport. 

Business

Jul 31, 2023

Due to regulatory delays, Toshiba’s $14.35 billion acquisition was postponed until August-thumnail

Due to regulatory delays, Toshiba’s $14.35 billion acquisition was postponed until August

The opening of a tender offer for the firm, headed by Japan Industrial Partners (JIP), is anticipated to happen “sometime in August 2023,” rather than the originally anticipated late July timeframe, according to a statement released by Toshiba Corporation on Friday. 

Business

Jul 28, 2023

BYD tells India partner it wants to drop $1 billion EV investment plan according to sources-thumnail

BYD tells India partner it wants to drop $1 billion EV investment plan according to sources

Following scrutiny from New Delhi over its investment proposal, China’s BYD informed its India joint venture partner that it would abandon plans for a new $1 billion investment to produce electric automobiles.

Automotive

Jul 28, 2023

A Technological start-up Wiom raises Rs 140 crore to make unlimited internet available to everyone-thumnail

A Technological start-up Wiom raises Rs 140 crore to make unlimited internet available to everyone

Wiom, a homegrown tech startup focusing on democratizing internet access in India, announced a Rs 140 crore Series A financing on Thursday.

Investment & Funding

Jul 28, 2023

U.S. Silicon Power Group to Invest $121.73 Million in Odisha-thumnail

U.S. Silicon Power Group to Invest $121.73 Million in Odisha

Silicon Power Group, a company plans to invest 10 billion rupees in the construction of a facility, in Odisha, India. The facility will produce silicon carbide for semiconductor components.

Business

Jul 28, 2023

Capgemini will invest 2 billion euros in artificial intelligence as a result of greater half-year sales-thumnail

Capgemini will invest 2 billion euros in artificial intelligence as a result of greater half-year sales

Capgemini, a French IT consulting firm, reported stronger half-year revenue on Friday, driven by its cloud, data, and artificial intelligence (AI) activities, and announced it will invest 2 billion euros ($2.19 billion) in AI over three years.

Artificial Intelligence

Jul 28, 2023

Nirma to raise Rs 7,000 Crore for Acquisitions; Glenmark Life Sciences is Shortlisted Target-thumnail

Nirma to raise Rs 7,000 Crore for Acquisitions; Glenmark Life Sciences is Shortlisted Target

Nirma, a manufacturer of soap and detergent products is looking to secure funding of, up to Rs 7,000 crore. This capital infusion will be utilized for expanding its manufacturing facilities and exploring acquisition opportunities. Glenmark Life Sciences has been identified as one of the companies being considered for bids. The objective, behind this move, is to broaden Nirma’s business portfolio by venturing into the healthcare sector. This decision is supported by Nirma’s performance and strong cash flow generation.

Business

Jul 28, 2023

The U.S. chipmaker AMD plans to make $400 million in investments in India by 2028-thumnail

The U.S. chipmaker AMD plans to make $400 million in investments in India by 2028

The American chipmaker Advanced Micro Devices announced on Friday that it will spend $400 million in India over the following five years and that Bengaluru will become the site of its largest design facility.

Investment & Funding

Jul 28, 2023


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