India’s financial-crime organization has asked Walmart’s Flipkart and its originators to clarify for what valid reason they shouldn’t confront a punishment of $1.35 billion for supposed infringement of unfamiliar speculation laws, three sources and an office official told Reuters.
The Enforcement Directorate office has been examining online business monsters Flipkart and Amazon.com Inc for…
Subsequent to posting around fourteen days prior, food-tech goliath Zomato is presently entering fintech with a computerized installments substance called Zomato Payments.
In an administrative documenting on August 4, the Deepinder Goyal-drove organization declared the joining of Zompany Payments Private Limited (ZPPL) as its entirely possessed auxiliary. Zomato said ZPPL would give installment…
Zeni, (AI) based booking and bookkeeping fintech startup, on Thursday said it has raised $35 million (Rs 259 crore) as a component of its Series B financing round drove by new financial backer Elevation Capital.
New financial backers, Think Investments and Neeraj Arora additionally partook in the subsidizing round other than commitment from existing benefactors, Saama Capital, Amit Singhal…
Health and wellbeing platform Toothsi on Friday said it brought $20 million up in a Series B round drove by Eight Roads Ventures (a global investment firm backed by Fidelity), San Francisco-based Think Investments, and the Mankekar Family Office.
The round has likewise seen participation from Vishal Agrawal (Vice President, Blackrock Asia), Siddharth Shah and Dharmil Sheth (Co-originators…
Brazil based Nubank and others have driven a $44 million Series B financing round in Mumbai and Bengaluru headquartered neobanking startup Jupiter.
The round was likewise driven by Global Founders Capital, Sequoia Capital India, and Matrix Partners India.
Mirae Assets Venture additionally joined the round. Existing investors who took part in the round on a favorable to rata basis incorporate…
Tech start-up Goodmeetings on Friday said it has raised USD 1.7 million (Rs 12 crore) store in pre-Series A round drove by Chiratae Ventures.
Investment firms FortyTwo.VC, First Check, Adept Ventures, 100X Entrepreneurs, and Atrium Angels participated in this round alongside a few high net worth entrepreneurs.
Kunal Shah (Founder and CEO, CRED), Sujeet Kumar (Founder and CEO, Udaan), Manish…
Casual wear brand The Souled Store has raised Rs 75 crore or a little more than $10 million in its Series B round drove by Elevation Capital. Private backers and originators of startups including Delhivery, Zalora, Mosaic Wellness, and Livspace have additionally participated in the round.
The new capital will be utilized to extend product portfolio on both authorized product and relaxed wear and…
Recently listed Zomato has incorporated an entirely claimed auxiliary for the sake of Zomato Payments Private Limited, the organization educated the stock trade in a regulatory documenting on Thursday.
Zomato said that the objective of incorporating the auxiliary is to conduct the matter of giving payment aggregator and payment gateway administrations as per the rules of the Reserve Bank of…
Eduvanz, which gives advances to expertise development to students, has raised around Rs 100 crore or $13.5 million in its Series B round. This is the second equity round for the Mumbai-based organization within a year which brought $5 million up in Series A financing drove by Sequoia Capital India in August 2020.
Eduvanz has endorsed the allotment of 92,166 Series B inclination shares at an issue…
Healthtech startup MedPrime Technologies, which centers around providing computerized answers for the microscopy fragment of clinical diagnostics, has raised a seed financing from Mumbai Angels Network and Social Alpha.
While the financing sum remains undisclosed as of now, MedPrime Technologies said it will go through the cash-flow to scale its Cilika product line and make it more profitable.
