Clik here to view.
Aditya Birla Digital Fashion Invests INR 75 Cr In WROGN
Virat Kohli-backed fashion brand WROGN has raised about INR 75 Cr in funding from Aditya Birla Digital Fashion Ventures Ltd (ABDFVL). With this, ABDFVL has increased its stake in the D2C fashion brand...
View ArticleClik here to view.
Budy Bags $4.2 Mn To Simplify Sales, Marketing For Businesses
AI chatbot Budy, floated by robotics firm GreyOrange’s cofounder Samay Kohli, has secured $4.2 Mn (around INR 35.3 Cr) in a pre-seed funding round led by RTP Global. The round also saw participation...
View ArticleClik here to view.
Over 10K Entities Whitelist 2.75 Lakh URLs After TRAI Directives
The Telecom Regulatory Authority of India (TRAI) has said that over 10,000 business entities have so far whitelisted more than 2.75 Lakh URLs. This is in line with TRAI’s August 20 directives, which...
View ArticleClik here to view.
TAC Infosec CEO On The Post-Listing Acquisition Playbook, AI Opportunity
Amid the IPO frenzy of new-age tech stocks this year, none has emerged as successful as TAC Infosec. The NSE Emerge-listed cybersecurity firm’s stock has rallied over 2X since its listing. The stock is...
View ArticleClik here to view.
TRAI Calls For Structured Regulation Of OTTs
After excluding the over-the-top (OTT) messaging platforms from the licensing regime, the Telecom Regulatory Authority of India (TRAI) has reportedly called for structured regulation of these...
View ArticleClik here to view.
Tata Electronics Gets Show Cause Notice Over iPhone Plant Fire
The Tamil Nadu government has issued a show cause notice to Tata Electronics following a major fire that broke out at its iPhone manufacturing plant in Hosur late last month. As per ET, the notice,...
View ArticleClik here to view.
MeitY Extends GPU Tender Deadline To November 12
The Ministry of Electronics and Information Technology (MeitY) has reportedly extended the deadline for submitting bids for the government’s INR 10,000 Cr graphics processing unit (GPU) tender to...
View ArticleClik here to view.
AGNIT Semiconductors Nets $3.5 Mn Led By 3one4 Capital
Bengaluru-based AGNIT Semiconductors has secured $3.5 Mn (INR 29.4 Cr) in a seed funding round co-led by 3one4 Capital and Zephyr Peacock. The round also saw participation from existing investor and...
View ArticleClik here to view.
Can Amwoodo’s Bamboo Bet Help India Clean The Plastic Mess?
With an annual production of 57 Mn tonnes, India accounts for 23% of the world’s bamboo resources. Despite the abundance, India’s bamboo industry faces a significant trade deficit. While exports remain...
View ArticleClik here to view.
Lendingkart Seeks Down Round Amid Cash Crunch
Fintech startup Lendingkart, which focuses on micro, small, and medium enterprises (MSMEs), is reportedly looking to raise fresh capital at a lower valuation from its existing investor Fullerton...
View ArticleClik here to view.
TVS Capital Funds Boosts Leadership With Two Key Elevations
Homegrown mid-market private equity firm TVS Capital Funds has further strengthened its leadership team with two key elevations in the top-deck as an effort to drive growth. The Chennai-based firm has...
View ArticleClik here to view.
Zepto Close To $100 Mn Infusion From Motilal Oswal, Family Offices
Zepto is reportedly in advanced discussions to raise $100 Mn from asset management company Motilal Oswal, as well as high-net-worth individuals (HNIs) and family offices, as the quick commerce giant...
View ArticleClik here to view.
Zodius Capital Exits OfBusiness With $100Mn Secondary Share Sale
Zodius Capital, an early investor in OfBusiness, has reportedly marked its full exit from the B2B marketplace via a secondary share sale of around $100-120 Mn. Zodius has secured more than $100 Mn in...
View ArticleClik here to view.
slice Gets Board Nod To Raise INR 71.73 Cr Via Partly Paid Up Shares
Fintech startup slice has secured approval to raise INR 71.73 Cr (around $8.6 Mn) through partly paid-up shares. As per the RoC filing accessed by Inc42, slice’s board passed a resolution to issue...
View ArticleClik here to view.
Is The Line Between Private Equity And VC Funds Blurring?
The line between venture capital and private equity in India is fading rapidly. More and more PE firms are looking at late-stage deals and even growth-stage investments in startups as VC appetite wanes...
View ArticleClik here to view.
Tetr College Floats Fund To Back Student Entrepreneurs
Global business school Tetr College of Business has floated a $10 Mn (around INR 84 Cr) fund to back student entrepreneurs. The fund, ‘Tetr – Under 20’ will invest in at least 20 ideas with a sector...
View ArticleClik here to view.
FPIs Reduce Stakes In Paytm Below 1%
Foreign Portfolio Investors (FPIs) Societe Generale, Tiger Pacific Master Fund and UBS Principal Capital Asia have reduced their holdings in Paytm parent One97 Communications below 1% in the September...
View ArticleClik here to view.
Zomato To Consider Raising Funds Via QIP
Foodtech giant Zomato on Thursday (October 17) said that its board would consider raising funds by issuing equity shares via qualified institutional placement (QIP). The company made the disclosure in...
View ArticleClik here to view.
RBI Bars Sachin Bansal’s Navi Finserv From Disbursing Loans
The Reserve Bank of India (RBI) has directed Sachin Bansal’s Navi Finserv and three other non-banking financial companies (NBFCs) to immediately stop sanctioning and disbursing loans due to supervisory...
View ArticleClik here to view.
ANI Vs Wikipedia: Delhi HC Asks Platform To Take Down Page On Lawsuit
The Delhi High Court has directed Wikimedia Foundation (WMF) to take down a page within 36 hours on Wikipedia which deals with the news agency ANI’s defamation suit against the foundation. Taking...
View Article