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Tag: Investment and funding
3 Indian family offices secure a stake in FirstCry for about INR 435 Cr-thumnail

3 Indian family offices secure a stake in FirstCry for about INR 435 Cr

Indian family offices have invested INR 435 crore, in the renowned e-commerce giant FirstCry, which focuses on children’s products. This investment allowed them to acquire SoftBank’s stake in the company.

Investment & Funding

Aug 21, 2023

Veda VC, an early-stage venture capital fund, announces the first close of its Rs. 250 crore corpus-thumnail

Veda VC, an early-stage venture capital fund, announces the first close of its Rs. 250 crore corpus

Veda VC, a venture capital fund, at a stage, has successfully raised a funding round of Rs 250 crore. The funding was led by family offices and leaders in the startup industry.

Business

Aug 21, 2023

Tata Sons planning a £4 billion battery plant in the UK for Jaguar and Land Rover-thumnail

Tata Sons planning a £4 billion battery plant in the UK for Jaguar and Land Rover

Tata Sons are taking the initiative to build an EV battery factory, in the United Kingdom. With an investment of £4 billion, they are demonstrating their dedication to transportation and keeping up with the changing trends in the global automotive industry.

Automotive

Aug 21, 2023

Lending and card management platform Vegapay raises $1.1 million-thumnail

Lending and card management platform Vegapay raises $1.1 million

Vegapay has recently raised $1.1 million, in seed funding with Eximius Ventures leading the investment and receiving support from DSP HMK, Capri Global, and other investors.

Investment & Funding

Aug 16, 2023

Axis Asset Management launches Rs. 1250 crore private credit alternative investment fund-thumnail

Axis Asset Management launches Rs. 1250 crore private credit alternative investment fund

Axis Asset Management, the mutual fund division of Axis Bank has recently launched a credit fund with the objective of raising up to Rs 1,250 crore from a diverse group of investors.

Business

Aug 14, 2023

South Korea’s largest telecom firm SK Telecom to invest in google backed AI Firm Anthropic-thumnail

South Korea’s largest telecom firm SK Telecom to invest in google backed AI Firm Anthropic

SK Telecom, a company has made a significant investment of $100 million, in Anthropic, an AI firm based in the United States that is posing a challenge to OpenAI.

Artificial Intelligence

Aug 14, 2023

Chakr Innovation a climate technology-focused startup receives 18 cr in funding-thumnail

Chakr Innovation a climate technology-focused startup receives 18 cr in funding

Chakr Innovation, a startup focused on climate technology has received INR 18 Cr ($2.2 Mn) in funding, from India’s EXIM Bank to support the development of emission control devices.

Business

Aug 11, 2023

Fame III: Government proposes up to 50,000 crore corpus to support EVs industry-thumnail

Fame III: Government proposes up to 50,000 crore corpus to support EVs industry

The government has revealed the draft of the FAME III, which includes a budget allocation of Rs 40,000 50,000 crore to support vehicles (EVs).

Automotive

Aug 11, 2023

‘Ability to stay invested indefinitely’: Zerodha invests Rs 1,000 crore in Rainmatter to support businesses-thumnail

‘Ability to stay invested indefinitely’: Zerodha invests Rs 1,000 crore in Rainmatter to support businesses

Nithin Kamath, CEO of Zerodha, stated on Wednesday that the company has expanded its investment in its startup accelerator fund, Rainmatter. According to Kamath, the allotment has been enhanced by Rs 1,000 crore. He noted that the fund has invested about Rs 400 crore in the last seven years. 

Business

Aug 11, 2023

Singapore’s CapitaLand Investment launches  $390 mn fund to invest in Indian Business Parks-thumnail

Singapore’s CapitaLand Investment launches  $390 mn fund to invest in Indian Business Parks

CapitaLand Investment Limited (CLI) is launching CapitaLand India Growth Fund 2 (CIGF2) an initiative, with a value of S$525 million. The focus of this fund is on acquiring high-quality Grade A business parks in cities across India

Business

Aug 10, 2023

KRAFTON will spend $150 million in the startup ecosystem as part of its India-first strategy-thumnail

KRAFTON will spend $150 million in the startup ecosystem as part of its India-first strategy

The company claims to have already invested $140 million in start-ups in India.

The top South Korean gaming corporation, KRAFTON, Inc., creator of the BGMI, plans to invest $150 million in India over the next two to three years.

Investment & Funding

Aug 10, 2023

White House to unveil plans restricting some US investments in China, Sources-thumnail

White House to unveil plans restricting some US investments in China, Sources

A senior government source told Reuters that the White House would outline its proposals on Wednesday to forbid some US investments in sensitive technology in China and demand that the government be notified of other transactions.

Business

Aug 9, 2023


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