LiveRailofy Raises Rs 7 Crore from Chirate Ventures
Railofy, a data science startup that provides a travel guarantee to waitlisted or RAC (Reservation Against Cancellation) train passengers, has raised Rs 7 crore in...
Category : BUSINESS
Tube Investment India Approves an Additional Investment of Rs 100 Crore
The Board of Directors of Tube Investments of India (TII) has approved an additional investment of up to Rs 100 crore into the Rs 700 crore deal,...
IndusInd Bank Allots Shares Worth Rs 2,500 Crore to QIBs
On Wednesday, private lender IndusInd Bank had approved the allotment of 4.76 crores of equity shares to qualified institutional buyers (QIB). The bank in the regulatory filing...
Softbank’s Investment Boosted Unacademy’s Valuation to $1.45 Billion
India’s online teaching platform, Unacademy’s valuation reached $1.45 billion, after the investment of its existing investor, Softbank Group Corp. Bangalore-based online teaching platform, Unacademy focuses on...
Amazon Adds Insurance, Gold to Menu, Makes India Centre of Fintech Push
The e-commerce giant, Amazon.com Inc has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more...
Flipkart Wholesale Launches Digital B2B Platform for Kiranas and MSMEs
Flipkart Wholesale, the digital B2B marketplace of Flipkart Group on Wednesday, had launched a digital platform for kiranas and local MSMEs(Micro, Small and Medium Enterprises) aiming to...
ICICI Bank Launched Virtual Property Exhibition Service, ‘Home Utsav’
ICICI Bank announced the launch of ‘Home Utsav’, a virtual property exhibition that will digitally showcase real estate properties of key cities across the nation which...
Bharti Infratel Decides to Merge Towers with Indus
In the board meeting held on Monday, Bharti Infratel said that the company had decided to proceed with the Scheme of Arrangements for merging its towers with...
Escorts Reported a YoY Growth of 80% in Tractor Volumes
The Faridabad-based company, Escorts Ltd. on Tuesday, reported a total wholesales of 7,268 units in August, which is up by 80 per cent on a year-on-year basis,...
Zoom Video CEO Gets $4.2 Billion Richer After Stock Rallies 26% on Results
In the late US trading, shares of the virtual-meeting company, Zoom Video Communications Inc. surged about 26 per cent to $410 after the company reported rapid growth...