LiveNikhil Kamath-Backed Gruhas Targets Rs 2,000 Crore AUM in AIFs
Gruhas, a prop-tech investment firm owned equally by Nikhil Kamath and Abhijeet Pai, is looking to raise Rs 2,000 crore across three funds over the...
Category : BUSINESS
Mizuho Invests in Vietnam’s Fintech App MoMo Driving its Value to $2 Bn
Vietnam’s M_Service JSC, which operates Warburg Pincus LLC-backed fintech app MoMo, crossed $2 billion in valuation after raising about $200 million from investors led by...
Bizongo Raises $110 Mn in Funding Led by Tiger Global
Bizongo, a B2B E-commerce and supply chain enablement platform, raised $110 million in a Series D round led by New York-based Tiger Global Management. Founded...
Airbus Selects Tata Technologies as Strategic Supplier
On Monday, digital services firm Tata Technologies said European aerospace major Airbus had selected it as a strategic supplier. The company will become engineering, manufacturing...
Tencent Acquires Turtle Rock Studios
Tencent has announced the acquisition of Turtle Rock Studios. The group is known for zombie shooter games like the Left 4 Dead series and Back...
Global M&A Activity Hits All-Time $5 Trillion
Global merger and acquisition (M&A) activity smashed records in 2021. The value of M&A boosted to $5 trillion for the first time, with volumes increasing...
Axis Bank Plans to Raise Upto Rs 5,000 Cr By Issuing Bonds
On Monday, Axis Bank has announced that it will raise up to Rs 5,000 crore by issuing bonds. In April this, the board of directors...
CARS24 Raised $400 Million in New Funding Round
On Monday, CARS24 said that it had raised $400 million in a funding round that saw the participation of asset manager Alpha Wave Global, valuing...
Cipla Gains 3% on USFDA’s Final Approval for Lanreotide Injection
Cipla Ltd’s shares have gained 3 per cent to Rs 887.85 on the BSE in Monday’s intra-day trade after the company received the United States...
FCA Fines $85 Million HSBC for Anti-Money Laundering Failings
The United Kingdom’s financial regulator said it had fined HSBC $85.2 million for failing its anti-money laundering procedures. The Financial Conduct Authority (FCA) said that...