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Sanjeev Nanda: Motivating Journey of a successful hotelier-thumnail

Sanjeev Nanda: Motivating Journey of a successful hotelier

Success stories often inspire and motivate us, and one such tale is that of Sanjeev Nanda, a prominent hotelier who has made a mark in the hospitality industry. From his

Business

Jun 1, 2023

Capillary Technologies receives $45 million in funding from Avataar Ventures and its LPs after postponing its IPO-thumnail

Capillary Technologies receives $45 million in funding from Avataar Ventures and its LPs after postponing its IPO

Avataar Ventures and its limited partners (Pantheon, 57Stars, and Unigestion), Filter Capital, and Innoven Capital also participated in the funding round. Capillary Technologies, a Bengaluru-based SaaS business, has raised $45

Investment & Funding

Jun 1, 2023

Wipro Consumer Care Funds D2C Brand LetsShave Bags-thumnail

Wipro Consumer Care Funds D2C Brand LetsShave Bags

LetsShave, a direct-to-consumer grooming firm, has raised an unknown amount of money from its previous backer Wipro Consumer Care. To date, the firm has raised more than $6 million in

Investment & Funding

May 30, 2023

Physis Capital Secures $7 Million in First Close of $50 Million Fund to Support Growth-Stage Start-ups in India-thumnail

Physis Capital Secures $7 Million in First Close of $50 Million Fund to Support Growth-Stage Start-ups in India

Physis Capital, a growth-stage investment fund, has recently announced the first close of its $50 million fund at $7 million, with a final close expected in 2024. This fund aims

Investment & Funding

May 23, 2023

As growth slows, India’s edtech soonicorns are losing touch with their valuations-thumnail

As growth slows, India’s edtech soonicorns are losing touch with their valuations

Most of India’s edtech unicorns’ valuations seem to be off as they prepare for slower growth after raising capital at extremely high revenue multiples until the first half of 2022.

Investment & Funding

May 23, 2023

Vivriti Asset Management seeks $250 million to launch India ABS Private Debt Fund-thumnail

Vivriti Asset Management seeks $250 million to launch India ABS Private Debt Fund

A new fund for investing in small and medium-sized businesses has been developed by Vivriti Asset Management Private. It is referred to by the company as the first debt fund

Finance

May 23, 2023

General Atlantic invests an extra $100 million in PhonePe-thumnail

General Atlantic invests an extra $100 million in PhonePe

The fresh financial injection has pushed PhonePe’s raised cash to a total of $850 million in the current round.  PhonePe is built on the UPI (Unified Payment Interface) platform, which

Investment & Funding

May 22, 2023

Binny Bansal plans to invest in Prime Volleyball Bengaluru-thumnail

Binny Bansal plans to invest in Prime Volleyball Bengaluru

Binny Bansal, the co-founder of Flipkart, is in advanced talks to purchase a stake in the Bengaluru franchise of the volleyball team competing in the Prime Volleyball League (PVL), according

Investment & Funding

May 22, 2023

The Tiger Global team is in discussion to invest $650 million in the Rajasthan Royals-thumnail

The Tiger Global team is in discussion to invest $650 million in the Rajasthan Royals

Tiger Global, one of the most active technology-focused investors in the world, is in discussions to purchase a financial share in the Rajasthan Royals of the Indian Premier League, according

Investment & Funding

May 22, 2023

The RBI removes the 2000 note from circulation while maintaining legal tender-thumnail

The RBI removes the 2000 note from circulation while maintaining legal tender

According to the RBI, up until September 30, 2023, people can continue to deposit rupee 2000 banknotes into their bank accounts and/or swap them for notes of other denominations at

Business

May 19, 2023

Top VCs debate investment strategy and corporate governance failings at Indian companies when they gather in Bengaluru-thumnail

Top VCs debate investment strategy and corporate governance failings at Indian companies when they gather in Bengaluru

Top VCs discussed how corporate governance issues are now playing out in Indian companies and looked into ways for early-stage VC firms to implement effective controls that encourage adherence to

Investment & Funding

May 19, 2023

UK plans to invest $1.26 billion in semiconductors -thumnail

UK plans to invest $1.26 billion in semiconductors 

After receiving appeals for assistance from the leaders of some of the nation’s top companies, the U.K. said on Friday that it would provide up to £1 billion ($1.24 billion)

Investment & Funding

May 19, 2023


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