Advertisements Zerodha, an online brokerage firm, has received final approval from SEBI to set up an asset management company (AMC). The AMC will be focused on index funds and ETFs, and will be headed by Vishal Jain, who previously worked… Read More ›
Venture Capital
RBI Increases Transaction Limit For UPI Lite To Rs500
Advertisements The Reserve Bank of India (RBI) has increased the per transaction limit for UPI Lite to Rs 500 from Rs 200. The move is aimed at encouraging people to use the UPI Lite feature and also enhance their digital… Read More ›
Equinix Invests $42mn In India With New Data Centre
Advertisements Equinix on Wednesday said it was investing USD 42 million for the establishment of its fourth International Business Exchange (IBX) data centre in Mumbai, named MB4. MB4 will offer an expanded array of connectivity options to major telecommunications networks… Read More ›
CapitalLand To Raise New Fund To Develop Business Parks In India
Advertisements CapitaLand Investment, a Singapore-based real estate investment manager, is raising a new fund to develop business parks in India. The fund, called CapitaLand India Growth Fund 2, has a target size of SGD 525 million (USD 390 million). The… Read More ›
VC Firm Dallas Strengthens Its Advisory Team With Multiple Appointments
Advertisements Dallas Venture Capital (DVC), a cross-border venture capital firm, announced additions to its Team of Advisors. The team of advisors includes Ambica Rajagopal, Rama Vedashree, Mr Jayant Patwardhan. Speaking about the appointments, Kiran Kalluri, Partner at DVC India, says,… Read More ›
ASK Launches Private Credit Fund, Aims Raising Rs1,000cr
Advertisements ASK Private Wealth, the independent wealth advisory and family office arm of ASK Group, launched of its Private Credit Fund aiming to raise up to Rs 1,000 crore inclusive of a greenshoe option. The new fund has received regulatory… Read More ›
Lumos, 360 One Asset Leads $30mn Series C Round In SaaS Startup Disprz
Advertisements Disprz, a corporate learning and skilling SaaS startup headquartered in Chennai, has raised USD 30 million in a Series C funding round led by Lumos Capital and 360 ONE Asset. The round also saw participation from existing investors, including… Read More ›
Fintech Startup Enkash Expects 36% Growth In FY24
Advertisements Fintech firm Enkash expects its business to grow by 36 per cent to USD 30 million in this fiscal year. The company focuses on spends management of small and medium enterprises that have over Rs 10 crore annual turnover…. Read More ›
BTN, Others Invest $4mn In Emtech Solutions
Advertisements Emtech Solutions, a modern central banking infrastructure provider, raised USD 4 million led by Matrix Partners India, with participation from global investors like BTN, VestedWorld, Equity Alliance and Lofty Inc. According to the company, the funds will be used… Read More ›
Pi Ventures Raises Rs702cr, Closes Its Second Fund
Advertisements Pi Ventures, an early-stage venture fund, has successfully closed its second fund, raising a total commitment of Rs 702 crore, surpassing its target of Rs 565 crore. The fund received investments from various institutional players, entrepreneurs, and family offices,… Read More ›