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Tag: Finance
Financial technology platform Niyo receives $30 million from Multiples Alternate Asset Management-thumnail

Financial technology platform Niyo receives $30 million from Multiples Alternate Asset Management

Accel and Lightrock India contributed $100 million to Niyo’s Series C investment, which closed in February. With the most recent round included, it has raised a total of $180 million. 

Digital Transformation

Jul 20, 2022

PharmEasy plans to raise $200 million at lower valuations-thumnail

PharmEasy plans to raise $200 million at lower valuations

API Holdings, PharmEasy’s parent company which is looking to raise the funds, owns other businesses including diagnostic test provider Thyrocare. The company had seen its valuation jump in recent years

Healthcare

Jul 20, 2022

<strong>B Capital, a global multi-stage investment firm announces closure of $250 million Ascent Fund II, its first dedicated early-stage fund</strong>-thumnail

B Capital, a global multi-stage investment firm announces closure of $250 million Ascent Fund II, its first dedicated early-stage fund

With $6.5 billion in assets under management across multiple funds, B Capital focuses on seed to late-stage growth investments, primarily in the enterprise, financial technology and healthcare sectors. B Capital,

Finance

Jul 20, 2022

Sensex increased by 2,000 points in just 4 days. Key factors for the rebound are discussed-thumnail

Sensex increased by 2,000 points in just 4 days. Key factors for the rebound are discussed

Some analysts have cautioned investors, warning that selling might reappear at greater levels. On the strength of encouraging global indications, Indian stock markets surged Thursday, extending the recent winning streak

Finance

Jul 20, 2022

Uttar Pradesh targets to attract investment of Rs 10 lakh crore over the next five years through the ‘Global Investors Summit-thumnail

Uttar Pradesh targets to attract investment of Rs 10 lakh crore over the next five years through the ‘Global Investors Summit

“We must send our teams to these countries, so that a conducive environment of UP may be created in countries of significance to the industrial world,” he said, adding that

Finance

Jul 19, 2022

Yes bank to invest ₹350 crores for 20% stake in JC Flowers ARC.-thumnail

Yes bank to invest ₹350 crores for 20% stake in JC Flowers ARC.

Last week Yes bank had selected JC Flowers as the joint venture partner to buy its bad loans. The ARC has offered to take over the bank’s bad loans worth

Finance

Jul 19, 2022

Checklist Of What Gets More Expensive And Cheaper As The New GST Rates Go Into Effect Today-thumnail

Checklist Of What Gets More Expensive And Cheaper As The New GST Rates Go Into Effect Today

Only instruction or coaching in leisure activities related to the arts, culture, or sports will be eligible for a GST exemption claim from an individual. Customers will pay more as

Finance

Jul 18, 2022

<strong>Viacom18 studios partner with HeyHey! for NFT projects on celebrities and movies</strong>-thumnail

Viacom18 studios partner with HeyHey! for NFT projects on celebrities and movies

NFT holders can claim their free NFTs that will allow them to be a part of the Shabaash Mithu NFT film club with benefits. The other set of NFTs that

Finance

Jul 18, 2022

Single packages of food items upto 25kg will now attract 5% GST from today-thumnail

Single packages of food items upto 25kg will now attract 5% GST from today

The CBIC said the supply of pre-packed atta meant for retail sale to ultimate consumer of 25 Kg shall be liable to GST. However, supply of such a 30-kg pack

Finance

Jul 18, 2022

Ashish Kumar Chauhan takes over as the new NSE managing director and CEO-thumnail

Ashish Kumar Chauhan takes over as the new NSE managing director and CEO

Limaye had declined to seek a second term at the exchange despite being eligible. Chauhan, who was part of the NSE’s founding team, will take over the bourse’s top job

Finance

Jul 18, 2022

<strong>Sorin Investments, a tech fund by Sanjay Nayar and Angad Banga raises $100 million in funding</strong>-thumnail

Sorin Investments, a tech fund by Sanjay Nayar and Angad Banga raises $100 million in funding

Both Nayar and Banga have invested a significant amount of their personal capital in the fund as sponsor commitments. Nayar, a veteran of banking and private equity, having spent a

News

Jul 18, 2022

Yes Bank Ltd’s board select JC flower asset reconstruction Co. to purchase its $6 billion worth of bad loans-thumnail

Yes Bank Ltd’s board select JC flower asset reconstruction Co. to purchase its $6 billion worth of bad loans

The bank said it now proposes to run a Swiss challenge bidding process to sell its bad loans portfolio, using JC Flowers ARC’s bid as the minimum bidding amount. However,

Finance

Jul 16, 2022


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