Thu, Dec 12, 2024
Integrated skilling platform FinX on Thursday said it has secured USD 6 million seed funding from Elevar Equity for product and geographical expansion and diversification into IT skill training, among others.
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Mon, Nov 04, 2024
Fitch Ratings on Monday affirmed IIFL Finance's ratings with a stable outlook, saying that after the lifting of the ban on new gold-backed lending imposed by the Reserve Bank of India (RBI), the firm's franchise will gradually stabilise.
Fri, Aug 30, 2024
StartupTN, backed by the Tamil Nadu government, has secured Rs 80 crore in funding and partnered with over 200 venture capital firms.
Tue, Apr 11, 2017
Flipkart on Monday raised $500 million from eBay as it invested in the company and sold its Indian unit to the Indian e-commerce company.
Mon, Apr 10, 2017
Global marketplace giant eBay has invested $500 million in Indian e-commerce giant Flipkart. Ebay has backed Flipkart with an investment of $500 million for it to battle Amazon in India, according to a Reuters report. In addition eBay will sell its business to Flipkart.
Tue, Mar 28, 2017
Rooter is a digital platform that connects, engages and helps sports audiences interact with each other on a real-time basis during sports events.
Fri, Mar 17, 2017
US President Donald Trump`s proposed 28% budget cut for US diplomacy and foreign aid next year would preserve $3.1 billion in security aid to Israel but reduce funding for the United Nations, climate change and cultural exchange programs.
Wed, Mar 15, 2017
The total dollar amount of financing where smart money investors participated fell from approximately $295 million in 2015 to $212 million in 2016
Commissioner of police in Chennai has arrested Stayzilla's founder and CEO Yogendra Vasupal and locked him up in Puzhal prison.
Tue, Mar 14, 2017
Even with an uptick in investment in these start-ups, the number of deals has dropped to 68 from 70 in 2015.
Thu, Mar 09, 2017
E-commerce major Flipkart is in advanced stage of discussions to raise about $ 800 million to further strengthen its operations in a bid to take head on the competition from American rival Amazon.
Fri, Mar 03, 2017
A bipartisan Bill was on reintroduced in the US Congress on Friday to make companies that move call centres overseas ineligible for grants or guaranteed loans from the government.
Thu, Mar 02, 2017
Lyft's fundraising efforts have been ongoing for months, and the company retained Qatalyst Partners in part to assist them in raising a fresh round of cash.
Tue, Feb 28, 2017
India was one of the largest markets outside the US for sales tech start-ups in 2016.
Recruitment start-up firm Belong.co has raised $10 million (nearly Rs 66.53 crore) in recent funding round led by venture capital firm Sequoia Capital India.
Wed, Feb 22, 2017
The resignation comes after news of Snapdeal facing problems with raising their next round of funding.
Thu, Feb 16, 2017
Online pre-owned car selling platform Truebil has raised $3 million (nearly Rs 19.95 crore) via follow-on Series A funding round from China's Shunwei Capital for funding its skill development and augmenting the technological infrastructure.
Thu, Feb 09, 2017
According to a source, Alibaba's payment affiliate Ant Financial Services Group is planning to raise funds of about $2 to $3 billion in debt to finance its acquisition of MoneyGram International Inc.
Wed, Feb 08, 2017
Funding to support the company's growth plans through acquisitions, said the company.
Tue, Feb 07, 2017
Investors made 132 investments in bitcoin and blockchain companies in 2016.
Mon, Feb 06, 2017
Despite the roadblocks in the online food delivery business in India it grew by 150% to an estimated GMV of $300 million.
Tue, Jan 17, 2017
Tinystep, a parenting social network platform, on Tuesday said it has received $2 million (Rs 13.31 crore) in funding from e-commerce giant, Flipkart.
Indian online healthcare platform Practo said on Tuesday it had raised $55 million (nearly Rs 365.90 crore) from new and existing investors in a fresh round of funding led by China`s Tencent Holdings.
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