State Bank of India To Modify Rules Regarding Startup Investments
Country’s largest lender State Bank of India (SBI), which has not been able to invest in fintech startups in spite of earmarking funds. It...
Endiya is planning to raise Rs 500 crore for Fund-II
Endiya Partners, an early-stage venture capital firm has invested in product startups from its Rs 200 crore Fund-I which is aiming to raise Rs...
China’s AI Startup SenseTime Raises $600 Million From Alibaba Group
SenseTime, China's leading and world’s most valued artificial intelligence company has successfully raised $600 million in its series C round of funding, as per...
Green-Tech Startup Facilio Has Bagged Funding By Accel Partners
Accel Partners have funded a green-tech startup, Facilio an amount close to $ 1.5 million, reports state. About Facilio
It was founded in March 2017 by...
Mobile Premier League raises $35.5M led by Sequoia India
Bengaluru-based e-sports startup Mobile Premier League (MPL) has boosted $35.5 million in its profit. The reserves and profits earned will be used principally for...
TCS Achieved A Record Of 18% Growth In The Fourth Quarter
Country's largest IT company TCS announced its quarterly results (C4) on Friday, according to which its profit during the quarter ended March 2019 increased...
IIFL buys controlling stake in KadaiEshwar Housing Finance
India Private Equity Fund has acquired nearly three fourth of the total share holding in the KadaiEshwar Housing Finance which is a non-banking finance company...
China’s Cycle Sharing Startup Ofo Bikes Considers India As Its Next...
China’s cycle-sharing startup Ofo has turned its eyes towards India considering it as a prospective market, as reported by MoneyControl. The company handles about...
Zoho to open data centres in Mumbai & Chennai as India...
A software company Zoho revealed their plan of opening two data centres in India one each in Chennai and Mumbai. It also said that...
Tata Capital Private Equity Has Raised Capital For New Funds
Tata Sons, an investment company of $100-billion Tata Group, has signed an approval of Rs 10,161-crore investment plan which focuses on the insurance, realty...
Ola Discussing $4.2 Mn Investment In Cab-sharing Startup sRide
The car-pooling startup in Gurugram, sRide has attracted a big investment of $4.2 Million from cab service giant Ola. Ola is preparing its cab-sharing...
Food Company Box8 Raises $15 Mn
Box 8 is a food delivering company founded by IIT alumni Amit Raj and Anshul Gupta, this firm has its own delivery fleet and...
EMTEK buys stake In Grab, Ice House
EMTEK Group stated that it has acquired a stake in Grab,Southeast Asia’s leading ride-hailing platform and software developer Ice House, according to reports.Report says that...
Didi Chuxing $100 Mn Investment Led OYO To $1 Bn Round...
Didi Chuxing, China’s leading ride-hailing brand, has reportedly made a huge investment of $100 Million in OYO converting it into a $5 Billion brand...
Jeff Bezos Indian Tour: Amazon To Invest $1 Billion To Digitise...
The world's richest man Jeff Bezos (Amazon founder and CEO), is on a tour of India. He made a statement that Amazon would use...