Bangalore-headquartered Razorpay, one of the handful of Indian fintech startups that has validated extended increase in latest years, has joined the coveted unicorn membership after raising $a hundred million in a brand new financing spherical, the bills processing startup stated on Monday.
The new financing spherical, a Series D, became co-led through Singapore’s sovereign wealth fund GIC and…
Ramping up their stakes in enterprise-to-enterprise (B2B) deliver chain infrastructure company Ninjacart, Walmart and Flipkart have invested greater capital withinside the Bengaluru-primarily based totally enterprise.
This will be the 2nd infusion from Walmart-Flipkart in Ninjacart. In August ultimate year, the retail massive and Flipkart had introduced a $50 million spherical in Ninjacart.
While…
Abhishek Sinha has been a company lawyer for almost 15 years with stints at a number of India’s pinnacle regulation corporations, inclusive of Khaitan & Co, Shardul Amarchand Mangaldas & Co, and AZB & Partners.
His remaining position as Partner at Khaitan & Co lay on the intersection of regulation and company affairs: M&As, joint ventures, investor time period sheets, PE contracts, strategic…
Finance minister Nirmala Sitharaman on Monday addressed the media approximately proposals to stimulate call for in the economy hit with the aid of using the coronavirus pandemic.
On warning signs are that the financial savings of presidency and organised region personnel have increased, the authorities desires to incentivise such people to reinforce demand for the advantage of the less fortunate…
The Clix Group, which plans to merge with Lakshmi Vilas Bank, has been on a fund elevating spree withinside the previous few months. The Clix Group has additionally transformed its housing arm from a non-public restricted to a restricted, opening up more investment options .
The Clix Capital Services, that is a NBFC, has been elevating funds from public sector and private banks via the…
For starters, let’s have a look at what came about to Yes Bank and whether or not things have changed, making it secure to make investments in the savings account and deposits of Yes Bank.
The bank bumped into issues with unstable loans, in large part from some massive company houses, which turned good loans into awful loans. As matters started taking a flip for the worse, deposit holders…
The Council of Scientific and Industrial Research (CSIR) and KPIT correctly ran trials of India’s first Hydrogen Fuel Cell (HFC) prototype automobile running on an indigenously evolved gasoline cell stack at CSIR-National Chemical Laboratory, Pune. The gasoline cell is a low temperature PEM (Proton Exchange Membrane) kind Fuel Cell that operates at sixty five-seventy five degree centigrade…
Rabo Equity Advisors, the meals and agriculture-focused private fairness fund, has bought its 21.7 per cent stake in Vacmet returned to its promoters, making round 2.five instances returns on its funding.
Almost a decade after the fund invested Rs 50 crore in the agency, it has exited via buyback from promoters over tranches, the fund stated in its release.
Vacmet Ltd is a maker of bendy packaging…
Cairo-primarily based fintech NowPay has raised $2.1 million in a seed spherical co-led through Foundation Ventures and Endure Capital, with the participation of traders from the United States, United Arab Emirates, China, and Egypt, it introduced in a declaration to MENAbytes today.
Beco Capital, 500 Startups (MENA), Plug and Play, 4Dx Ventures, MSA Capital, EFG-EV Fintech, and Ebikar…
According to Forbes India Rich List 2020, Byju Raveendran and Divya Gokulnath were ranked forty six on the listing and have a combined net worth of $3.05 billion (approx Rs 22.3 thousand crores).
Byju Raveendran, a former math tutor, together along with his spouse Divya Gokulnath based the online ed-tech agency, Byju’s in 2011.
Byju’s has a consumer base of 30 million college students from…
