LiveByju’s Raises Over $250 Million from Its Existing Inventors
According to media reports, India’s major learning platform Byju’s raised $250 million from its existing investors as the Bengaluru-based edtech giant aims for profitability by...
Category : BUSINESS
Biocon Biologics Inks Out-Licensing Agreement with Yoshindo Inc
On Monday, Biocon Biologics said it had signed an outsourcing agreement with Yoshindo Inc to commercialise two biosimilar assets in the Japanese market. Under the...
Reliance Jio Discusses with Global Lenders to Raise $1.5 Billion
Reliance Jio Infocomm plans to raise additional funding of Rs 12,300 crore over External Commercial Borrowings (ECB) to support the 5G CAPEX. The company has...
Alteria Capital Announces First Closing of Third Fund at Rs 1,000 Crore
Venture debt firm Alteria Capital has announced the first closing of its Fund III (Option A), India’s largest venture debt fund to date, at Rs...
Avataar Venture Partners Launches New Fund with Target Size of $350 Million
Avataar Venture Partners, a growth-stage investor focused on technology, said it had launched its latest fund with a target size of $350 million. For the...
Zee Media Reschedules BOD’s Meeting
Zee Media has cancelled its board meeting for results scheduled on 20 October 2022. On 20 October 2022, the meeting of the board of directors...
Toyota Unveils India’s First Flex-Fuel Strong Hybrid Electric Vehicle
While the world is debating the next alternative energy source to power cars, Toyota has launched its first pilot project in India, the Flexible Fuel...
L&T Infotech Q2 Net Profit Jumps 23% to Rs 680 Crore, Revenue Up by 28.39%
On Saturday, IT company Larsen and Toubro Infotech reported a nearly 23 per cent growth in its consolidated net profit at Rs 679.8 crore for...
Cevian Capital Cuts Stake in Vodafone After Calling for Faster Change
Cevian Capital, Europe’s most prominent activist investor, has cut its stake in UK-based Vodafone (NASDAQ:VOD) as scepticism grows that the telecoms company will be able...
Malabar Gold to Build Rs 750 Crore Manufacturing Facility in Telangana
Malabar Gold & Diamonds, one of the country’s largest gold and diamond retail chains, said it had laid the cornerstone for constructing its Malabar Gems...