Author Archives
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COLD LOVE RAISES INR 2.5CR IN ANGEL FUNDING
Advertisements October 2021: Cold Love Ice Cream has announced that it has raised a total of INR 2.5 crores in angel funding over two rounds. The company, founded by Aditya Tripathi, makes artisanal, all-natural ice cream. The funding was raised through… Read More ›
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LeadSquared Raised Undisclosed Amount
Advertisements Bengaluru-based IT company Leadsquared on Tuesday announced to have raised an undisclosed amount of fund from International Finance Corporation for its domestic and international expansion. The company had raised USD 32 million from its lead investor Gaja Capital in… Read More ›
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India cenbank to hold rates, guidance on liquidity crucial
Advertisements MUMBAI, Oct 6 (Reuters) – India’s monetary policy committee is widely expected to keep the repo rate unchanged to support recovering growth on Friday, but some analysts have cited a slim chance of the Reserve Bank of India delivering… Read More ›
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Licious raises USD 52 mn in Series G round; achieves unicorn status
Advertisements Tech startup Licious, which sells fresh meat and seafood, on Tuesday said it has raised USD 52 million (around Rs 387 crore) from investors, including IIFL AMC, and has achieved the unicorn status. Bengaluru-based Licious in a statement said… Read More ›
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3i-backed BVG India files draft papers to raise funds via IPO
Advertisements BVG India Ltd, the country’s largest pure-play facility management player, has filed a draft red herring prospectus with the Securities and Exchange Board of India to raise funds via an initial public offering. The IPO of the Bharat Vikas… Read More ›
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Wellness Forever files for IPO leading to Serum Institute selling bulk of its stake
Advertisements Wellness Forever Medicare Ltd, an omni-channel retail pharmacy chain backed by Adar Poonawalla, has filed for an initial public offering (IPO) which will see its shareholder Serum Institute of India sell most of its shares. The IPO will consist… Read More ›
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OfBusiness raises $194 million is Series F funding round led by Tiger Global
Advertisements OfBusiness, a B2B ecommerce platform, has raised $194 million in its Series F funding round led by Tiger Global which picked up a 5% stake, said the co-founder and and chief executive of the recently born unicorn. Tiger Global… Read More ›
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Homeville Consulting Pvt Ltd raises $7 million from 9 unicorns
Advertisements Homeville Consulting Pvt Ltd, a housing credit enablement network, has raised $7 million (around Rs 52 crore) from 9Unicorns, Varanium NexGen Fund, an alternative investment vehicle operated by Varanium Capital Advisors, and others. The funding round included Venture Catalysts,… Read More ›
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Bharti Airtel to invest $673 million in data centre expansion
Advertisements Indian telecom giant Airtel today said it will invest Rs 5,000 crore ($673 million) into its data centre business now rebranded as Nxtra. The company aims to triple its data centre capacity by 2025. Airtel expects India to become… Read More ›
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Cactus Communications makes additional investment in Kudos
Advertisements Mumbai, 2021: Cactus Communications (CACTUS), a technology company transforming science, today announced that it has made a further investment in Kudos Innovations Ltd. This additional investment makes CACTUS the largest external stakeholder in the company and showcases CACTUS’s commitment to… Read More ›
