Information technology (IT) organization Wipro Ltd is keen to associate startups in India to power innovation and virtual transformation for its clients, chairman Rishad Premji stated on Friday.
“What startups can do for India today is what IT service companies did for the last 20 years in terms of brand building, employment, and wealth creation. Companies like us are going to work with the…
Observe.AI, an artificial intelligence-based startup raises $54 million in a Series B funding round.
California-based Menlo Ventures led the spherical, Observe.AI stated in a statement. Menlo Ventures gives investment for seed-, early- and growth-stage companies. Its companion Steve Sloane will be a part of the board of Observe.AI.
The Series B fundraise takes the overall capital the startup has raised within a yr to $80 million. In December, Observe.AI had raised $26 million in a Series A…
Omidyar Network India is ramping up its 34-member India group amid a series of exits in the past year, a top executive informed ET.
The corporation earned near Rs 300 crore from exiting simply of its portfolio organizations over the last 12 months.
Omidyar Network, an extraordinary mixture of an impact in addition to an energetic for-profit, earlystage, venture capital investor, is thought to have…
Finance Minister Nirmala Sitharaman on Saturdad stated regulation provides for carrying out insolvency and bankruptcy proceedings towards company debtors as well personal guarantors together.
She was replying to a debate at the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, withinside the Rajya Sabha which exceeded the proposed rules to update an ordinance on this regard with voice…
HDFC Bank Ltd retained its top position because the country’s most precious brand for the 7th straight yr in 2020 notwithstanding an 11 per decline from the preceding yr, taking advantage of innovation and expansion, in keeping with a report by WPP Plc and Kantar.
HDFC Bank, that is now valued at $20.2 billion, was observed by Life Insurance Corporation of India (LIC) and Tata Consultancy…
Tencent has invested $62.8 million in Flipkart thru the Indian e-commerce giant’s Singapore-based parent entity Flipkart Pte, regulatory filings show. The fresh infusion is probably part of Flipkart’s $1.2 billion spherical that was led through Walmart in July this yr.
Walmart had already infused $660.25 million throughout tranches in July. In the identical month, Qatar Investment Authority…
US-based venture capital company Lightspeed Venture Partners has introduced its foray into Southeast Asia. In a LinkedIn post, the company stated it has formally mounted its regional headquarters in Singapore “to partner and assist bold entrepreneurs constructing disruptive corporations”.
This is the 6th international expansion for Lightspeed after India, US, China, Israel, and Europe. After…
MPL has raised over $110 million throughout 3 institutional rounds. According to Entrackr’s sources, the corporation has been valued at $340-350 million in the fresh financing spherical. In April 2019, it had raised $35.5 million led through Sequoia Capital, Go Ventures and Times Internet.
Regulatory filings in Singapore display that during this spherical, MPL has raised $34 million from SIG…
This is the second funding for the Delhi NCR-based startup in 2020. Earlier, it had raised $9 million in its Series A spherical in May. The back to back institutional rounds in a count of 4 months displays the heightened interest investors are showing towards edtech startups in India.
Classplus has raised Rs 75.1 crore ~ $10.01 on this spherical led by Alpha Wave Incubation which was joined…
Seattle-centered SaaS startup Zuper introduced on Thursday, September 17, that it has raised $1.1 million in seed investment. The spherical was led through Prime Venture Partners, with the participation of Gunderson Dettemer and Gemba Capital.
According to a declaration issued by the startup, Zuper plans to apply the investment further develop and increase in North America, the UK, and Southeast…
