Advertisements Aurum PropTech (previously Majesco), on Friday, approved the acquisition of up to a 100 per cent share in NestAway Technologies for up to Rs 90 crore. According to a statement Aurum PropTech acquired HelloWorld from NestAway in June of… Read More ›
Advertisements Fintech unicorn CRED-owned Happay has reduced its workforce by approximately 35 per cent, according to media reports. On May 12, 2023, teams were informed about the restructuring by their respective managers in the company. According to Happay’s LinkedIn profile,… Read More ›
Advertisements Neuberger Berman, a US investment firm, has reduced the value of its stakes in Api Holdings, the parent company of Pharmeasy, and fintech a behemoth Pine Labs. PharmEasy and Pine Labs join the likes of Ola, BYJU’S, Oyo, and… Read More ›
Advertisements SoftBank Group Corp, which has backed Delhivery, Paytm, and Ola, invested only around USD 3.14 billion across its two primary funding vehicles in the fiscal year 2022-2023, a considerable decrease from the USD 44.26 billion invested the previous year…. Read More ›
Advertisements BYJU’s has reported raised USD 250 million in fresh funds using structured instruments at a flat valuation of USD 22 billion. According to media sources, the funds were raised by the edtech startup from the New York-based investment firm… Read More ›
Advertisements One 97 Communications shares tumbled more than 3 per cent on Thursday after SoftBank said it sold a 2.07 per cent stake in the fintech platform in a series of open market transactions since February 2023 to comply with market regulator… Read More ›
Advertisements After the Bhartiya Janta Party’s (BJP) promise of establishing a Rs 5,000 crore fund of funds, the Indian National Congress (INC) released its manifesto on Tuesday, which promises a slew of steps to support the startup ecosystem across the… Read More ›
Advertisements The Bhartiya Janta Party (BJP), ahead of the state assembly election in Karnataka, has promised a slew of reforms to help grow the ecosystem. The party has made promises in its manifesto to establish a Rs 5000 crore fund… Read More ›
Advertisements BharatPe Group has acquired majority stake in Mumbai-based NBFC, Trillion Loans. The newly-acquired NBFC will operate as an independent entity with its own team under the supervision of the board. The company said in a statement that Nalin Negi… Read More ›
Advertisements According to a media report, Private equity firm Carlyle and Azim Premji’s investment unit are in separate talks to invest about USD 150 million in TVS Credit Services, an arm of scooter and motorcycle maker TVS Motors. Also, a… Read More ›
