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Ananthu Vijayan temple worker wins Kerala Onam lottery worth Rs 12 crore

Ananthu Vijayan, who works at Ponneth Temple in Ernakulam’s Kadavanthra, gained the primary prize of the Kerala government’s Thiruvonam Bumper 2020 lottery. Ananthu Vijayan gained the Kerala government’s Thiruvonam Bumper 2020 lottery on September 20. The 24-year-old, who works at Ponneth Temple in Ernakulam’s Kadavanthra, gained the primary prize worth Rs 12 crore, in keeping with media…
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BusinessNewsStartup

Pep Technologies raisesd Rs 42 crore in investment spherical led by Amicus Capital, RPSG Ventures

This is the third spherical of investment raised by the company so far and the fresh funds will be utilised for scaling up R&D capabilities, increasing distribution throughout virtual channels, developing operations, brand building and organisational scale up, the company stated in a statement. “mCaffeine plans to penetrate the market aggressively by giving more emphasis to a customer-driven…
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BusinessStartup

Mobile Premier League (MPL) raises $90 million Series C financing round, with investors Sequoia India, Go-Ventures, and Base Partners.

SIG, early-stage tech investor RTP Global, including MDI Ventures led MPL’s $90 million Series C financing round, with participation from present investors Sequoia India, Go-Ventures, and Base Partners. Times Internet and Salman Khan both are also early investors in MPL. The new funding brings MPL’s to-date boost to $130.5 million. It was valued between $375 million to $400 million pre-money…
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BusinessStartup

Pakistani female fitness startup AimFit raised $1 million seed

Pakistani female fitness startup AimFit has raised $1 million in a seed spherical led through Indus Valley Capital, a Pakistan-centered VC fund commenced by LinkedIn’s former VP Growth Aatif Awan. The spherical consists of participation of an unnamed unicorn founder, the founding group of direct-to-consumer shoe startup Atoms, and a few other angel investors. According to our data, it is one of…
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BusinessNews

Under Modi’s pet scheme, startup jobs soar 126%; this many companies recognised

There has been a 126 per cent soar in the range of jobs created by DPIIT-known startups from April last 12 months under the Startup India marketing campaign released by Prime Minister Narendra Modi in January 2016, in keeping with the latest authorities data. From 1,87,004 jobs said by 16,105 startups. As, tweeted through former DPIIT Secretary Ramesh Abhishek in June closing 12 months, the…
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BusinessNews

As component of ‘Atmanirbhar Bharat’ the govt. is keen to enlarge domestic production capacity for open cell panels

Open cell panels, a key element used in the production of tv sets, will appeal to 5% import duty from 1 October, with the authorities announcing that a duty exemption expiring at the cease of this month will not be extended – to reinforce domestic production. As component of ‘Atmanirbhar Bharat’ the authorities is keen to enlarge domestic production capacity for open cell panels in order…
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IPL’s first match of Mumbai Indians vs Chennai Super Kings: 8 mn paid viewers on Disney+Hotstar

As many as 8.1 million concurrent viewers logged on to legitimate broadcaster Star India’s video streaming platform Disney + Hotstar to watch the primary match of Indian Premier League (IPL), 2020, on Saturday, as in step with LetsOTT, a Malaysian-based virtual media company. The numbers are massive as the match was at the back of a paywall, stated media buyers. MS Dhoni-led Chennai Super…
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BusinessNews

DCGI has permitted India’s first CRISPR Covid-19 test developed by the Tata Group and CSIR-IGIB

The Drug Controller General of India (DCGI) on Saturday gave acclaim for the commercial release of India’s first Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) coronavirus test ‘Feluda’, evolved through the Tata Group and CSIR-IGIB (Institute of Genomics and Integrative Biology). “This test uses an indigenously developed, cutting-edge CRISPR technology for detection of…
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The Federal Government making plans to offer financial help for 1.7 million within the next 3 months

This disclosure was made through the Minister of State for industry, Trade and Investment, Ambassador Mariam Katagum, at the digital commissioning of the Fashion Cluster Shared Facility for Micro, Small, and Medium Enterprises (MSMEs) tagged, Eko Fashion Hub, in Lagos. Katagum disclosed that the initiative is borne out of the Federal Government’s persisted dedication to assisting cushion the…
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BusinessNews

Imagine Impact Series A Financing Round Through Top Silicon Valley VC Firm Benchmark

Imagine Impact, the content accelerator and on-line market founded by Brian Grazer and Ron Howard and run through Tyler Mitchell, has closed a Series A financing spherical led through Benchmark. The Silicon Valley venture capital company has invested in startups like Uber, eBay, Stitch Fix, Snap and lots of more. Longtime Benchmark accomplice Bill Gurley spearheaded the Impact deal and could be a…
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