Tag: investment
E-bike maker Ultraviolette in talks to raise $45-50 million: Sources
Electric motorcycle maker Ultraviolette is in talks to raise $45-50 million from existing investors including Speciale Invest and TDK Ventures as part of its ongoing…
CEEW and TVF’s Gullak highlight rooftop solar benefits through engaging storytelling
The Council on Energy, Environment and Water (CEEW) has partnered with TVF‘s popular series Gullak to launch a campaign that uses storytelling to highlight the…
Urban Company’s InstaHelp, Snabbit cross 100,000 daily bookings mark
Snabbit and InstaHelp, Urban Company’s quick househelp vertical, on Sunday announced that the platforms have each crossed 100,000 completed bookings in a single day.According to…
Anicut Capital launches Rs 175-crore seed fund to back 20 startups
Bengaluru: Chennai-based alternative investment firm Anicut Capital, which invests in companies through both debt and equity, has launched its second dedicated early-stage equity fund with…
Paytm board shelves bonus issue, prioritises growth and profitability
One 97 Communications, which operates fintech platform Paytm, has decided against proceeding with its proposed maiden bonus issue for now, saying it will instead focus…
Peak XV leads Rs 350 crore funding round in wealth manager Neo Group
Wealth and asset management firm Neo Group has signed definitive agreements to raise about Rs 350 crore ($36.3 million) in a funding round led by…
Elevation Capital closes $500 million India fund; to back startups building on AI’s app layer
Paytm and Swiggy investor Elevation Capital has raised a $500 million fund to back early-stage startups, betting that the next generation of AI-led companies will…
Avendus set for final close of future leaders Fund-III at Rs 1,800 crore
Financial services firm Avendus Group is set to hit the final close of its third Future Leaders Fund (FLF) at around Rs 1,800 crore by…
Meta’s Cred deal showcases new playbook: take stake, hire the founder
Meta‘s $900 million investment in Cred and the appointment of the fintech’s founder Kunal Shah as WhatsApp‘s new global head are the latest in a…
Tech Tonic | Kunal Shah is the man Meta trusts with WhatsApp’s future
There are two clear headlines that have shaped up in the last few hours. First, tech giant Meta is investing $900 million (that’s around ₹8,550…