Info Edge, the parent company of popular job portal Naukri.com, is making a big move. The company has decided to invest up to Rs 1,000 crore in a new venture fund, IE Venture Investment Fund III, managed by its subsidiary, Smartweb Internet Services Ltd. This investment is a key part of Info Edge’s strategy to expand its portfolio of external financial investments in emerging businesses, marking…
India is witnessing an exciting tech revolution, and it’s happening faster than ever. According to a recent report from NLB Services, India’s Global Capability Centers (GCCs) are on track to create a staggering 4.25 to 4.5 lakh new jobs in 2024. This is a major boost for India’s growing position as a global tech talent powerhouse. But that’s just the beginning! By 2030, the GCC sector is…
Basil Alliance Takes a Bold Step with Fresh Investment from Inflection Point Ventures
In a strategic move that is set to disrupt the Indian alcoholic beverage market, Basil Alliance, an innovative AlcoBev startup, has raised an undisclosed amount of funding from Inflection Point Ventures (IPV), a leading angel investment firm based in Gurugram.
This new partnership signals a bright future for…
Nua Raises Rs 35 Crore to Expand Its Retail Presence – Here’s What You Need to Know
The women’s wellness space is buzzing with excitement as Nua, a leading brand in wellness and hygiene, has raised Rs 35 crore in a pre-Series C funding round. This fresh capital will fuel the brand’s ambitious retail expansion and new product launches. The round was led by Mirabilis Investment Trust, with…
PlaySuper Raises $500,000 in Seed Funding to Transform Gaming Commerce
In a big leap for the gaming industry, PlaySuper, India’s first-ever gaming commerce startup, has raised $500,000 in a seed funding round. The round was led by IAN Angel Fund and 100X.VC, with support from several high-profile angel investors. So what’s so special about PlaySuper? Well, this innovative startup is changing…
Nazara Technologies Receives Rs 5.68 Crore GST Demand Notice: What’s Next?
Mumbai-based gaming giant, Nazara Technologies, is in the spotlight after receiving a hefty GST demand notice amounting to a total of Rs 5.68 crore. The notice was issued on January 31, 2025, and it includes the principal tax, penalties, and interest due to a delay in export proceeds. Nazara has already expressed its…
The Essence of ESPRIT At the nexus of academic excellence and transformative potential,prestigious the School of Business and Management at Christ (Deemed to be) University hascultivated a singular platform that transcends conventional academic gatherings. ESPRITemerges not merely as an event, but as a crucible of intellectual innovation. Assembling over300 distinguished talents and engaging…
Cashfree Payments Raises $53 Million to Expand Its Global Reach
Cashfree Payments, a Bengaluru-based fintech startup, has raised $53 million (approximately Rs 450 crore) in its latest funding round, led by South Korea’s gaming giant, KRAFTON. The round also saw continued investment from Apis Growth Fund II, a private equity fund managed by Apis Partners Group.
This latest infusion of capital…
Ola’s Bhavish Aggarwal Invests Rs 2,000 Crore in Krutrim AI—India’s First AI Unicorn!
Bhavish Aggarwal, the visionary behind Ola Electric and ride-hailing giant Ola, has made a bold move by investing Rs 2,000 crore (around $230 million) into Krutrim, India’s first AI unicorn. But that’s not all—he’s also committing to an additional Rs 10,000 crore investment next year, setting the…
Quicklend Raises Rs 6.75 Crore to Transform Secured Lending in India
In a significant move to reshape the lending landscape in India, fintech startup Quicklend has raised Rs 6.75 crore in a pre-seed funding round. Led by Inuka Capital, Eximius Ventures, Upsparks Capital, GrowX, and a group of strategic angel investors, the startup is on a mission to make secured loans more accessible and seamless.
