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Tag: Investment
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

Edelweiss wealth management launches INR 3,000 Cr venture debt fund-thumnail

Edelweiss wealth management launches INR 3,000 Cr venture debt fund

“ECYOF is a much-needed alternative that allows venture/private equity-backed high-growth companies to raise additional capital to augment equity financing and continue their growth trajectory,” Edelweiss’ statement added. Edelweiss Wealth Management

Education

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

<strong>UCO bank and YES bank partners with Russian banks to facilitate international trade in rupees.</strong>-thumnail

UCO bank and YES bank partners with Russian banks to facilitate international trade in rupees.

Under the mechanism, all exports and imports may be denominated and invoiced in rupees, with the exchange rate between the currencies of the two trading partner countries to be market

Finance

Oct 20, 2022

Progcap, supply chain financing startup raises $50Mn in series C funding-thumnail

Progcap, supply chain financing startup raises $50Mn in series C funding

The development also comes six months after Flipkart launched Flipkart Labs, a new initiative to test out Web3 technology and use cases for e-commerce. Supply chain financing startup Progcap has

Industry

Oct 18, 2022

When the source of money is depleted, the lender starts to increase the deposit interest rate-thumnail

When the source of money is depleted, the lender starts to increase the deposit interest rate

Lenders namely ICICI, Canara, and HDFC have increased their deposit rates.  After months of hesitation, banks have gradually started to raise deposit rates as credit growth continues to outpace deposit

Education

Oct 17, 2022

Alteria Capital closes third Rs 1,000 crore venture debt fund for the first time-thumnail

Alteria Capital closes third Rs 1,000 crore venture debt fund for the first time

(VC) Venture capital debt provider Alteria Capital, backing Mensa Brands and Dunzo, launched a third fund with an initial closing of Rs 100 billion, driven primarily by concessional arrangements from

Industry

Oct 17, 2022

Avataar Venture Partners pitches the second fund of $350 million-thumnail

Avataar Venture Partners pitches the second fund of $350 million

Avataar Venture Partners, which has subsidized unicorn software program startups along with Amagi, Zenoti, and others, has released its 2d fund with a corpus of $350 million. Fund II of

Industry

Oct 17, 2022

Employees as Ambassadors: Bane or boon?-thumnail

Employees as Ambassadors: Bane or boon?

We’ve all heard about the value of influencer marketing, but far too many businesses overlook the inherent opportunity of having their staff serve as brand influencers. Engaging your staff as

Industry

Oct 17, 2022

<strong>HDFC life Insurance concludes the merger with Exide Life.</strong>-thumnail

HDFC life Insurance concludes the merger with Exide Life.

HDFC Life had acquired 100% stake in Exide Life Insurance Company from its parent Exide Industries for ₹6,687 crores. HDFC Life Insurance has concluded the merger of Exide Life, marking

Finance

Oct 15, 2022


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