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Tag: Investment
The Ministry of Heavy Industries and Construction announces a new safety test for electric vehicles-thumnail

The Ministry of Heavy Industries and Construction announces a new safety test for electric vehicles

The Ministry of Heavy Industries and Construction announced on the 10th a list of safety inspections that will be mandatory for electric vehicle manufacturers from April 2023. According to the

Industry

Nov 3, 2022

<strong>SaaS startup Amagi raises $79 Mn in funding and 26.6Mn in stake purchase from General Atlantic.</strong>-thumnail

SaaS startup Amagi raises $79 Mn in funding and 26.6Mn in stake purchase from General Atlantic.

The two transactions together bring up the cumulative total to well over $105 Mn. Post the transaction, General Atlantic will hold an 8% stake in the Baskar Subramanian-led startup. Media-focused

Industry

Nov 2, 2022

Fusion Micro Finance IPO set to open for Public subscription today-thumnail

Fusion Micro Finance IPO set to open for Public subscription today

Fusion Micro Finance works with female entrepreneurs that are part of the economically and socially underprivileged portion of society to provide them with financial services. It also educates its clients

Finance

Nov 2, 2022

Top 7 Real Estate Companies in North India-thumnail

Top 7 Real Estate Companies in North India

If you are looking for your first home, investment property, or commercial property, you have come to the right place. We are sure you must be confused like many others,

Industry

Nov 1, 2022

Banks place constraints on UPI transactions because of conflicting regulations-thumnail

Banks place constraints on UPI transactions because of conflicting regulations

A report claims that if the RBI assumes responsibility for UPI payment costs in the same way that it does for currency transactions, this disagreement can be resolved. Unified Payments

Digital Transformation

Oct 31, 2022

NextGen Partners with Sa-Dhan to Advance Digital Payments-thumnail

NextGen Partners with Sa-Dhan to Advance Digital Payments

Fintech solutions provider NextGen is partnering with Sa-Dhan, an association of microfinance institutions, to facilitate digital payments for mobile phone users in the microfinance industry. According to a joint statement

Digital Transformation

Oct 31, 2022

The prime minister laid the foundation for the C-295 aircraft plant in Gujarat.-thumnail

The prime minister laid the foundation for the C-295 aircraft plant in Gujarat.

Prime Minister Modi presented congratulations and souvenirs from Gujarat State Prime Minister Buffendra Patel and Tata Sons Chairman N. Chandrasekaran. The Prime Minister expresses that it was a prominent step

Industry

Oct 31, 2022

The government expects to start funding research and development in the telecommunication sector by January 2023-thumnail

The government expects to start funding research and development in the telecommunication sector by January 2023

The Ministry of Communications is expected to approve the first application of domestic companies seeking to secure localization R&D funds by January next year. The new initiative, funded by the

Industry

Oct 31, 2022

Sequoia planning to invest $50Mn in Phygital Edtech startup K12 techno-thumnail

Sequoia planning to invest $50Mn in Phygital Edtech startup K12 techno

Incorporated in 2010, K12 Techno Services operates four subsidiaries that offer niche products in categories such as school management platform and schools. It operates a clutch of products, targeting students

Education

Oct 26, 2022

Due to higher ESOP costs, Unacademy’s losses nearly double to Rs 2,848 crore in FY22-thumnail

Due to higher ESOP costs, Unacademy’s losses nearly double to Rs 2,848 crore in FY22

Unacademy, on the other hand, reported an increase in operating revenue of more than 80% to Rs 719 crore from Rs 398 crore the previous year. Its total income increased

Education

Oct 25, 2022

Govt. eyes $7.7 billion valuation for IDBI bank in the proposed stake sale-thumnail

Govt. eyes $7.7 billion valuation for IDBI bank in the proposed stake sale

The valuation target means the administration is seeking a premium of roughly 33%, based on IDBI Bank’s market value of about $5.8 billion as of Thursday. Govt is pushing for

BFSI

Oct 21, 2022

Permira Appoints Former Warburg Pincus CEO Siddharth Narayan as Head of Indian functioning-thumnail

Permira Appoints Former Warburg Pincus CEO Siddharth Narayan as Head of Indian functioning

Narayan highlighted investment opportunities in rapidly growing digital companies in the consumer internet, software, fintech, and services sectors in India. Permira employs a managed fund buyout strategy with a focus

Industry

Oct 21, 2022


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