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…
The creation of the Atal Tunnel connecting Manali with Leh, that’s the world’s longest highway tunnel above 10,000 ft, has been finished in a span of 10 years while the authentic estimated time was much less than six years.
“Atal Tunnel, connecting Manali to Leh, is the world’s longest highway tunnel above 10,000 feet. The estimated period for completion of this tunnel was less than 6…
State Bank of India (SBI) is extending one-time password (OTP)-based coins withdrawal for ₹10,000 and above during the day across all its ATMs in the country. This can be Implemented from tomorrow (September 18). So, the subsequent time, you’re heading in the direction of an SBI ATM for withdrawing ₹10,000 or more, do consider to hold your mobile with you.
As you may have to input the OTP…
