Latest News
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Funding News
Industrial metaverse platform Fabrik raises maiden seed round
April 20, 2022Fabrik, India’s only Industrial Metaverse Company, which specialises in building AR supplemented Digital Twins for High...
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Business
IMF cuts India’s growth forecast to 8.2 per cent in FY23
April 20, 2022The International Monetary Fund on Tuesday cut India’s growth forecast for FY23 to 8.2 per cent,...
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Business
Future Enterprises defaults on Rs 29.33 cr interest payment for NCDs
April 20, 2022Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on payment of Rs 29.33 crore...
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EdTech
90+ My Tuition App named Edu-Tech Icon of the Year
April 19, 202290+ My Tuition App, India’s best in-class Tuition App is excited to announce that it has...
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Business
IndiaMART makes Rs 7.5 crore investment in Truckhall Pvt Ltd
April 19, 2022IndiaMART, India’s largest B2B marketplace, via its wholly owned subsidiary Tradezeal Online Private Limited, has made...
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Funding News
WorkIndia raises $1.5 Mn from venture debt player BlackSoil
April 19, 2022Blacksoil announces $1.5 Mn venture debt funding in Bangalore-based Eloquent Info Solutions Private Limited, operating via...
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Business
Pomila Jaspal shatters glass ceiling, becomes 1st woman Director (Fin) at ONGC
April 19, 2022Pomila Jaspal has on Tuesday shattered the glass ceiling, becoming the first woman Director (Finance) of...
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Fintech
Fintech Recur Club raises $30 mln from Infoedge Ventures, Village Global, others
April 19, 2022Fintech platform Recur Club has closed its seed round by mopping up USD 30 million (over...
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Business
Cigniti bags $10 mn deal from US-based financial institution
April 19, 2022IT firm Cigniti Technologies has bagged a deal with an annual contract value of over USD...
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Business
Eeki Foods raises USD 6.5 mn from General Catalyst, others
April 19, 2022Agritech startup Eeki Foods has raised USD 6.5 million (about Rs 49 crore) from investors led...
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Electric Vehicle
Dabur India to induct 100 electric vehicles for last-mile product distribution
April 19, 2022Homegrown FMCG major Dabur India Ltd on Tuesday said it plans to induct a fleet of...
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Cryptocurrency
Sitharaman for regulating crypto at global level to check money laundering, terror funding
April 19, 2022Finance Minister Nirmala Sitharaman on Tuesday made a strong case for regulating cryprocurrencies at a global...
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Business
GST: Ministers’ panel yet to take a view on rate rationalisation
April 19, 2022A group of ministers, tasked by the Goods and Services Tax Council to look into rate...
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Advertising
Tomar launches two new portals for agri sector
April 19, 2022Agriculture Minister Narendra Singh Tomar on Monday launched two new portals, including one for registration of...
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Business
Sithraman meets IMF chief; discusses impact of geopolitical situation on global growth
April 19, 2022Finance Minister Nirmala Sitharaman on Tuesday met IMF managing director Kristalina Georgieva and discussed a range...
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Business
Wholesale price-based inflation spikes to 14.55 per cent in March: Govt data
April 18, 2022The wholesale price-based inflation across India rose to a four-month high of 14.55 per cent in...
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Business
Zomato, Swiggy invest in Sequoia, Tiger-backed B2B software platform UrbanPiper
April 18, 2022Restaurant management platform UrbanPiper on Monday announced it has raised $24 million led by existing investors...
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EdTech
PrepInsta launches OTT learning platform for students and working professionals
April 18, 2022PrepInsta, edtech startup for practice coding, aptitude, and new technologies announces new platform PrepInsta Prime which...
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Startups
Will respond strongly to frauds: Sequoia Capital on controversy-hit BharatPe
April 18, 2022Breaking its silence over controversy at fintech firm BharatPe, Sequoia Capital India on Sunday said it...
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Business
Parliamentary panel proposes credit cards for MSME entrepreneurs
April 18, 2022The Parliamentary Standing Committee on Finance is mulling to provide a credit card to MSME entrepreneurs....
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Agriculture
Technology can integrate India’s fragmented agricultural ecosystem: RAAV Techlabs CEO Rahul Kumar
April 16, 2022As per FAO estimates, nearly 40% of food produced in India gets wasted before it reaches...
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Business
Govt plans to mandate telecom infra installation inside housing projects
April 15, 2022The government is planning to mandate installation of telecom infrastructure inside housing projects and premises by...
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Business
Pharma industry must focus on generic, better link between input and output: Goyal
April 15, 2022Union Commerce and Industry Minister Piyush Goyal on Friday asked the domestic pharmaceutical industry to strengthen...
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Funding News
Rapido raises USD 180 mn in funding round led by Swiggy
April 15, 2022Bike taxi platform Rapido on Friday said it has raised USD 180 million (over Rs 1,370...
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Business
Future Enterprises defaults on Rs 1.22 cr interest payment for NCDs
April 15, 2022Debt-ridden Future Enterprises Ltd (FEL) has defaulted on the payment of interest of Rs 1.22 crore...
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Social Media
WhatsApp to allow 32 people in group voice call, larger file sharing
April 15, 2022Instant messaging platform WhatsApp on Thursday said it will add more features, including the facility to...
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Business
Govt wants to reduce compliance burden on pharma sector: Mandaviya
April 15, 2022Union Minister for Chemicals and Fertilizers Mansukh Mandaviya on Thursday said that the government wants to...
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Business
Govt approves 61 proposals of over Rs 19,000 cr under PLI scheme for textiles
April 15, 2022The government on Thursday said it has approved 61 applications of companies, including Ginni Filaments, Kimberly...
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Startups
Inflection Point returns 190% in 13 exits in ’21, to invest in over 50 startups this yr
April 15, 2022Inflection Point Ventures (IPV), which is a collective of over 6,600 angel investors/HNIs and family offices,...
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FDI
FDI may touch USD 100 bn in 2022-23 : PHD Chamber
April 14, 2022India is expected to attract USD 100 billion foreign direct investment (FDI) in 2022-23 on the...
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Business
BlackRock Real Assets-led consortium to invest Rs 4,000 cr in Tata Power Renewables
April 14, 2022Tata Power on Thursday said a consortium led by US-based BlackRock Real Assets will invest Rs...
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Electric Vehicle
SBI to hire consultant to explore biz potential in EV charging space
April 14, 2022Amid the government’s thrust on electric vehicles (EVs), the country’s largest lender SBI has decided to...
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Fintech
Hubble raises $3.4 m from Sequoia, Kunal Bahl others
April 14, 2022Hubble, a fintech platform that is into decentralised savings, has raised USD 3.4 million in the...
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Technology
LTI unveils ServiceNow Experience Center, innovation lab in US
April 14, 2022Larsen and Toubro Infotech (LTI), a technology consulting and digital solutions company, has set up ServiceNow...
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Technology
Elon Musk offers to buy Twitter for USD 41 billion
April 14, 2022Billionaire Elon Musk has offered to buy Twitter for about $41.39 billion, according to company’s regulatory...
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Business
Govt approves 61 proposals of over Rs 19,000 cr under PLI scheme for textiles
April 14, 2022The government on Thursday said it has approved 61 applications with an investment potential of over...
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Startups
Meta welcomes Sequoia India to their VC brand incubator initiative to upskill startups
April 14, 2022Strengthening its commitment to accelerate the growth of small and medium businesses in the country, Meta...
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Funding News
Pratech Brands raises USD 3 million led by Sequoia India’s Surge
April 14, 2022Pratech Brands on Thursday announced USD 3 million seed funding led by Sequoia India’s `Surge’, to...
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E-commerce
Snapdeal Launches Beauty Brand “Miyuki” under its Power Brands Program
April 14, 2022Snapdeal today announced the launch of beauty brand, Miyuki on its platform. Introduced under Snapdeal’s Power...
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Business
Prasol Chemicals files draft papers with Sebi; eyes up to Rs 800 cr via IPO
April 14, 2022Specialty chemical company Prasol Chemicals has filed preliminary papers with capital markets regulator Sebi to raise...
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Business
Bihar receives Rs 817cr investment proposal for data centres
April 14, 2022Bihar has received an investment proposal of Rs 817 crore for setting up data centres across...
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Business
Duty free import of raw cotton to push exports of value added textiles:FIEO
April 14, 2022The government’s decision to waive customs duty on cotton imports will help boost exports of value...
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Funding News
ITILITE raises $29 Mn in Tiger Global and Dharana Capital led Series C to accelerate digital adoption in T&E
April 14, 2022ITILITE, India’s fastest growing SaaS-based travel and expense management platform, announced its 29 Million Series C...
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Business
Services exports touched all-time high at USD 250 bn in FY22: Goyal
April 13, 2022India’s services exports reached an all-time high of around USD 250 billion in 2021-22, Commerce and...
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Business
EPIC Foundation to enable manufacture of 700 million LED chips, 10 million indigenous tablets
April 13, 2022EPIC Foundation, a not-for-profit organization founded by HCL Founder Dr. Ajai Chowdhry along with fellow HCL...
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Business
Pepperfry launches new home & furniture fulfillment centre in Gurgaon
April 13, 2022Pepperfry, one among India’s ecommerce furniture and home goods companies has today announced the launch of...
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GDP
Ukraine war to result in 1.3 pc lower GDP growth for India, says WB official
April 13, 2022Russia’s war in Ukraine is likely to result in a significant 1.3 per cent lower GDP...
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Business
Amazon warns Future Retail against holding meetings to approve assets sale to Reliance
April 13, 2022Amazon has warned Future Retail Ltd (FRL) against holding meetings of its shareholders and creditors next...
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Agriculture
Govt still awaiting names from farmers’ unions for setting up panel on MSP: Tomar
April 13, 2022Agriculture Minister Narendra Singh Tomar on Wednesday said the Centre is still awaiting names of members...
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Startups
‘India’s vibrant start-up ecosystem is testimony to country’s entrepreneurial talent’
April 13, 2022Union Minister for Labour and Employment Bhupender Yadav has said that India’s vibrant start-up ecosystem is...
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Policy and Regulations
Cabinet approves policy for use of land acquired under Coal Bearing Areas Act
April 13, 2022The Union Cabinet on Wednesday approved a policy for utilisation of non-minable land for development and...
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Business
Cabinet clears signing pact between Sebi, Canada’s Manitoba Securities Commission
April 13, 2022The Union Cabinet on Wednesday approved signing of a pact between the Securities and Exchange Board...
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Electric Vehicle
BPCL to invest Rs 200 cr to set up 100 fast EV charging corridors with 2,000 stations
April 13, 2022Public sector oil marketing company Bharat Petroleum on Wednesday said it will invest around Rs 200...
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Funding News
Securden receives USD 10.5 million in Series A investment led by Tiger Global Management
April 13, 2022IT security startup Securden, Inc., focusing on governance and access security has received USD 10.5 million...
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Auto
Global NCAP gives three-star adult safety rating to Hyundai Creta, i20
April 13, 2022Vehicle safety group Global NCAP has given three-star safety rating out of five for adult occupant...
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Funding News
Last9 mops up USD 13 mln from Sequoia, Better Capital, others
April 13, 2022Last9, a software reliability platform, has raised USD 11 million (over Rs 83 crore) in a...
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