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Study abroad platform Leverage Edu secures $40 million in series C funding round-thumnail

Study abroad platform Leverage Edu secures $40 million in series C funding round

Founded in 2017 by Akshay Chaturvedi, Leverage Edu has established itself as a technology-driven counseling platform offering students a comprehensive one-stop dashboard to navigate their study abroad journey.

Investment & Funding

Jul 3, 2023

NDR Warehousing bags ₹500 crores in funding from Investcorp; planning InvIT as well-thumnail

NDR Warehousing bags ₹500 crores in funding from Investcorp; planning InvIT as well

NDR Warehousing has taken a leap forward by filing a draft placement memorandum (DPM) with the Securities and Exchange Board of India (Sebi) to secure a hefty ₹1,165 crore through the InvIT. The primary purpose of these funds will be to repay construction-related loans. It is worth noting that this InvIT will be privately listed, signifying a groundbreaking milestone for a warehousing company. NDR Warehousing, a logistics infrastructure company, has struck a remarkable deal, bagging a staggering ₹500 crores in funding from Investcorp, an esteemed investor hailing from Bahrain. 

Investment & Funding

Jul 3, 2023

India’s Manufacturing Sector Sustains Growth and Employment Boost-thumnail

India’s Manufacturing Sector Sustains Growth and Employment Boost

India’s manufacturing sector continues to flourish, experiencing robust demand both domestically and internationally, providing a strong foundation for its growth trajectory.

Business

Jul 3, 2023

Elon Musk’s Twitter Limits Pose Challenges for Advertisers, Say Industry Experts-thumnail

Elon Musk’s Twitter Limits Pose Challenges for Advertisers, Say Industry Experts

Elon Musk’s recent decision to impose temporary caps on the number of posts Twitter users can read has raised concerns among marketing professionals.

Business

Jul 3, 2023

Sluggish Demand and Weak Economic Recovery Impact Asia’s Factory Activity-thumnail

Sluggish Demand and Weak Economic Recovery Impact Asia’s Factory Activity

Asia’s Factory Activity experienced a slump in June, according to business surveys released on Monday. The outlook for the region’s exporters was clouded as demand in China and advanced nations remained sluggish, leading to a contraction in manufacturing activity in Japan and South Korea, while China saw marginal expansion. These surveys highlight the toll that China’s weaker-than-expected rebound from COVID-19 lockdowns is taking on Asia’s economy.

Business

Jul 3, 2023

The Chennai-based company Kaar Technologies has raised $30 million from A91 Partners-thumnail

The Chennai-based company Kaar Technologies has raised $30 million from A91 Partners

Despite an overall investment downturn in the startup sector, business-to-business (B2B) software consultant Kaar Technologies raised over $30 million in its most recent funding round, which was headed by A91 Partners.

Investment & Funding

Jul 3, 2023

Tesla, BYD Post Record Deals on Interest for Electric Vehicles-thumnail

Tesla, BYD Post Record Deals on Interest for Electric Vehicles

Tesla Inc. Furthermore, BYD Co. set new deal standards in the subsequent quarter, augmenting their lead as the world’s top-selling clean automakers.

Business

Jul 3, 2023

Explanation of how the HDFC Bank HDFC merger would affect equities mutual funds-thumnail

Explanation of how the HDFC Bank HDFC merger would affect equities mutual funds

HDFC Bank DHFC merger: Following the merging of the HDFC twins, a large number of equity mutual funds will have more than 10% stock exposure in HDFC Bank shares.

Business

Jul 3, 2023

By 2023, India will be the largest wearables market-thumnail

By 2023, India will be the largest wearables market

In 2023, India’s wearables market is predicted to overtake China as the largest in the world, supporting demand for smartwatches and other wearables at a time when North America and China are beginning to show symptoms of saturation due to macroeconomic headwinds.

Business

Jul 3, 2023

Dream11 wins bid for Indian cricket team sponsorship rights for 358 Cr-thumnail

Dream11 wins bid for Indian cricket team sponsorship rights for 358 Cr

In a surprising turn of events, it has been reported that the prominent fantasy gaming platform, Dream11, has managed to secure the lead sponsor rights of the highly revered Indian cricket team for a whopping sum of INR 358 Cr. 

Business

Jul 1, 2023

Apple Inc. closes above the $3 trillion mark for the first time; the most valuable company globally-thumnail

Apple Inc. closes above the $3 trillion mark for the first time; the most valuable company globally

This achievement follows a prior instance in January 2022 when Apple Inc. momentarily attained a $3 trillion market cap during intraday trading but narrowly missed sustaining it until the market closed.

Business

Jul 1, 2023

Reliance Jio in advanced talk to raise $1-1.5 billion from global banks-thumnail

Reliance Jio in advanced talk to raise $1-1.5 billion from global banks

Reliance Jio Infocomm is reportedly engaged in advanced discussions with several major global banks to secure a substantial offshore syndicated loan worth approximately $1-1.5 billion (Rs 8,200-12,330 crore). 

Industry

Jul 1, 2023


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