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The Chiratae Ventures Growth Fund – I close its first round at Rs. 759 crore; oversubscribed.-thumnail

The Chiratae Ventures Growth Fund – I close its first round at Rs. 759 crore; oversubscribed.

Chiratae Ventures has raised five early-stage funds and manages $1.1 billion in assets under management (AUM). It has been an early backer of technology-led companies such as Bizongo, Curefit, Firstcry,

Finance

Nov 8, 2022

<strong>Spacetech startup Agnikul raises $20Mn in series B funding from Rocketship.vc</strong>-thumnail

Spacetech startup Agnikul raises $20Mn in series B funding from Rocketship.vc

Agnikul’s pre-money valuation has zoomed 5x to $180 Mn, the sources added. Agnikul’s last reported valuation was $35 Mn when it raised $11 Mn in its Series A funding round

Industry

Nov 8, 2022

Supreme Court reserve 10% for economically weaker sections of the society-thumnail

Supreme Court reserve 10% for economically weaker sections of the society

A total of four judges of the Supreme Court have reserved 10% of seats in admissions and jobs for economically weaker sections of society. Justice Dinesh Maheshwari stated that reserving

Industry

Nov 7, 2022

Social startups: Business bringing change in India-thumnail

Social startups: Business bringing change in India

Many startups today are contributing to the betterment of society. There are over 400 social startups in India, and the number is growing by 20 percent annually. Muhammad Yunus was

Industry

Nov 7, 2022

<strong>Neev II fund invests $25.4 Mn in renewable energy semiconductor startup Hygenco.</strong>-thumnail

Neev II fund invests $25.4 Mn in renewable energy semiconductor startup Hygenco.

Neev plans to back companies offering diverse solutions including clean energy, electric vehicles (EV), efficient usage of raw materials and managing water and circular economy projects in India. Neev II

Industry

Oct 31, 2022

DCX systems IPO to opens for subscription today; GMP Rs. 75 today-thumnail

DCX systems IPO to opens for subscription today; GMP Rs. 75 today

As per market observers, DCX Systems shares are commanding a premium (GMP) of ₹75 in the grey market today. The shares of the company are expected to list on stock

Industry

Oct 31, 2022

According to sources, JIP valued Toshiba at $16 billion in its takeover bid.-thumnail

According to sources, JIP valued Toshiba at $16 billion in its takeover bid.

JIP Group, the preferred bidder for privatizing Japanese industrial groups, plans to request 1 trillion yen in cash and 1.4 trillion yen from the bank for financing. A corporation led

Education

Oct 25, 2022

Ananda Trust invests $10Mn in IPO-bound Zoomcar-thumnail

Ananda Trust invests $10Mn in IPO-bound Zoomcar

With the Nasdaq listing, Zoomcar plans to raise $235 Mn that will largely be deployed to scale operations and to shore up its tech vertical.  Barely a week after Zoomcar

Industry

Oct 20, 2022

<strong>Celestia foundation secures $55 million in fresh funding.</strong>-thumnail

Celestia foundation secures $55 million in fresh funding.

Celestia aims to design a modular blockchain architecture with the hope to solve issues around deploying and scaling of blockchains. The company recommended about developing an infrastructure to make it

Industry

Oct 20, 2022

SaaS startup Drivetrain raises $15 million in fresh funding-thumnail

SaaS startup Drivetrain raises $15 million in fresh funding

Drivetrain Co-founder and CEO Alok Goel calls the platform a “Google Maps for business growth”. It has built an AI-powered language called DTML – Drivetrain Modeling Language – that is

Industry

Oct 20, 2022

Veteran Sachin Tendulkar invests in cricket-focused NFT platform Rario-thumnail

Veteran Sachin Tendulkar invests in cricket-focused NFT platform Rario

Founded in 2021 by IIT graduates Ankit Wadhwa and Sunny Bhanot, Rario is a licensed digital collectibles platform. It allows cricket fans to collect as well as trade cricket NFTs.  

Industry

Oct 20, 2022

Drivetrain AI Raises $15 Million During Initial Funding Period-thumnail

Drivetrain AI Raises $15 Million During Initial Funding Period

Business financial modeling software provider Drivetrain AI has financed $15 million in a new funding round led by Elevation Capital, Jungle Ventures, and Venture Highway. Akshay Kothari, an investor in

Industry

Oct 19, 2022


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