BUSINESSEloelo Bags $13 Million Funding Co-Led by Korea’s KB Investments, Kalaari CapitaladminJune 2, 2022July 21, 2022 June 2, 2022July 21, 2022 On June 2, Eloelo, creator-led social gaming and live-streaming platform announced that it had raised $13 million as part of a Series A round led...
BUSINESSYes Bank Plans to JV With JC Flowers in its ARC BusinessadminJune 2, 2022June 2, 2022 June 2, 2022June 2, 2022 On Wednesday, JC Flower had been offered Rs 12,107crore against the loan booked to ensure that 25 per cent has recovered two familiars with the...
BUSINESSBata India Promoters Sell Company Shares Worth Rs 613 CroreadminJune 2, 2022June 2, 2022 June 2, 2022June 2, 2022 On Wednesday, Bata India’s promoter BATA B V sold a 2.56% stake in the footwear company for nearly Rs 613 crore in an open market...
BUSINESSHomi Lab Raises Rs 5 Crore from Inflection Point VenturesadminJune 1, 2022June 1, 2022 June 1, 2022June 1, 2022 After-school future learning platform Homi Lab has raised a pre-Series A round of Rs 5 crore from Inflection Point Ventures. The startup said in a...
BUSINESSOrange Health Raises $25 Mn Led by Bertelsmann India Investments, OthersadminJune 1, 2022June 1, 2022 June 1, 2022June 1, 2022 Bengaluru-based health-tech startup Orange Health has raised $25 million in a Series B round led by Bertelsmann India Investments and General Catalyst. The startup announced...
BUSINESSSlice Raises $50 Million Led by Existing Investor Tiger GlobaladminJune 1, 2022 June 1, 2022 Lending and payments platform Slice has raised $50 million, led by existing investor Tiger Global, as part of a Series C round aimed at propping...
BUSINESSIndia Cuts Base Import Price of Palm Oil, Raises Soyoil PriceadminJune 1, 2022June 1, 2022 June 1, 2022June 1, 2022 India lowered its base import prices for crude oil and refined palm oil while raising the price of crude soybean oil; the government said in...
BUSINESSDish TV Writes Off Rs 203 Crore Investment in WatchoadminJune 1, 2022June 1, 2022 June 1, 2022June 1, 2022 On Monday, Dish TV India Ltd had decided to write off about 15 per cent of its investments in its OTT streaming app Watcho. In...
BUSINESSMudra Loans worth Rs 36,578 Crore Approved to 5.4 Mn Borrowers in FY22adminJune 1, 2022June 1, 2022 June 1, 2022June 1, 2022 About Rs 36,578 crore loan was approved to 5.4 million borrowers under the PM Mudra Yojana (PMMY) in April-May. The loan has been disbursed to...
BUSINESSVI Issues Clarification on Reports of Amazon’s InvestmentadminJune 1, 2022June 1, 2022 June 1, 2022June 1, 2022 On Wednesday, Vodafone Idea (VI) had issued a clarification of the telecom firm being with Amazon, private equity firms (PEs) for a Rs 20,000 crore...