BusinessNews

FreshToHome raised $121 million in funding from Investment Corporation of Dubai and more

FreshToHome, an online brand in fresh fish and meat e-commerce, on Tuesday stated it has raised $121 million (approximately Rs 890.8 crore) in investment led via way of means of Investment Corporation of Dubai, Investcorp, Ascent Capital, DFC, Allana Group and different investors. Iron Pillar, the lead investor from the preceding collection B round, additionally participated on this round…
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NewsStartup

B2B healthcare product distribution platform Biddano raised Rs 5Cr led through Venture Catalysts

B2B healthcare product distribution platform Biddano raised Rs 5Cr led through Venture Catalysts Startup incubator and accelerator Venture Catalysts these days led a Rs five crore funding in Biddano, a Pune-primarily based totally tech-enabled B2B healthcare product distribution platform. The pre-Series A investment spherical additionally noticed participation from different early-level traders…
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BusinessNews

Piramal Group is prepared for acquisitions in both pharma and financial services

The post-lockdown growth in the Indian pharma and economic region has stuck the eyes of Indian billionaire industrialist and Piramal Group chairman Ajay Piramal, who’s now seeking to increase the enterprise throughout those segments. Speaking on the Business Insider Global Trends Festival 2020, the chairman of the various worldwide enterprise conglomerate discovered its plans to develop the…
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BusinessNews

BASIC Home Loan raised $500K in seed spherical from Picus Capital

BASIC Home Loan, a Gurugram-primarily based startup growing a platform for automating domestic loans for center and low-profits families in India, has raised a $500,000 Seed spherical from Picus Capital, a Germany-primarily based early-stage generation funding firm. Atul Monga, Co-founder and CEO, Basic Home Loan said, “During a domestic loan process especially less costly housing, a consumer…
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BusinessNews

PhonePe launches Dussehra-themed fraud awareness marketing campaign

The Dussehra themed marketing campaign pursuits to unfold consciousness on fee frauds PhonePe, the virtual bills platform, has released a brand new consciousness constructing marketing campaign focused round making virtual bills safe. In order for the virtual bills class to preserve its explosive growth, it’s far vital that clients be educated about easy measures they could take to protect…
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BusinessNews

Govt may revisit overseas sovereign borrowing concept in 2021 Budget

A notion to head for sovereign borrowing remote places, that first determined point out withinside the 2019 Budget, is lower back at the desk on the finance ministry and will once more parent withinside the authorities’s annual bills declaration subsequent 12 months, in keeping with reassets acquainted with the improvement. The concept is being revived to decrease authorities’s borrowing…
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BusinessNews

Swiggy has onboarded more than 7,000 new restaurants in a month.

Online meals shipping platform Swiggy on Thursday discovered it has onboarded greater than 7,000 new eating places a month on Swiggy that is three,000 greater than the pre-covid times, along side handing over 10 crore orders considering the start of the lockdown. Nearly 6,000 new eating places are small and medium eating places in comparison to three,500 withinside the pre-covid generation and…
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BusinessNews

FIIs hike RIL stake are all-time high, now maintain over 25% per in Mukesh Ambani firm

Foreign institutional buyers (FIIs) have raised stake in billionaire Mukesh Ambani-led Reliance Industries to a report 25.2 consistent with cent withinside the zone ended September 30, in step with the company’s regulatory filing. Reliance Industries (RIL) on Thursday filed a announcement displaying the shareholding sample for the zone ended September 30. The announcement confirmed FII…
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BusinessNews

Flipkart Group has invested ₹1500 crore in Aditya Birla Fashion

The board of Aditya Birla Fashion and Retail Ltd (ABFRL) has authorized the elevating of ₹1,500 crore via way of means of manner of preferential difficulty to Flipkart Group, the agency stated. The fairness capital can be raised at ₹205 according to share. With this infusion, Flipkart Group will very own 7.8% fairness stake in ABFRL on a totally diluted basis. The promoter and promoter…
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BusinessNews

Flipkart Big Billion sale daya – over a hundred orders per second, 10 million merchandise delivered already

Flipkart on Wednesday stated that it delivered 1 crore in the first 5 days of its Big Billion Day sale that’s a large 10 instances increase in comparison to the ultimate BBD whilst most effective 10 lakh deliveries had been made with the aid of using the ecommerce market withinside the equal period. The platform witnessed one hundred ten orders placements consistent with 2nd and the momentum…
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