Smartwatch brand Noise in talks to raise funds to expand India push Nexxbase Marketing Pvt, which sells smartwatches and earphones under its Noise brand, seeks funds to add products and gain market… May 29, 2023 16:17 IST
Citykart to invest around Rs 200- 300 crore to open 300 stores in 3 years, says Sudhanshu Agarwal | INTERVIEW “We are currently running 92 Citykart stores spread across 76 cities and 7 states. Citykart team is all geared up… May 29, 2023 13:18 IST
Anil Agarwal’s Vedanta seeks cash with $500 million bond maturing Agarwal’s Vedanta Resources Ltd. is relying heavily on money from its units to reduce its debt load after it failed… May 19, 2023 09:56 IST
Stubborn cash squeeze risks derailing India’s economic recovery The funding squeeze indicates a clogged-up financial system that is starting to hurt appetite for bonds and further raising financing… May 17, 2023 09:58 IST
Adani Transmission’s board approves plan to raise funds worth Rs 8,500 crore via QIP Adani Transmission’s Board has approved the raising of funds for an aggregate amount of Rs 8,500 crore by way of… May 13, 2023 14:05 IST
earKart raises undisclosed pre-series A funding led by Agility Ventures, Blume Ventures The company’s smart diagnosis and remote management of hearing aids ensure that patients have access to the latest technology and… May 12, 2023 14:51 IST
Adani mulls raising $5 bln, build war chest to bolster business; may test investor confidence after Hindenburg Adani Enterprises Ltd., the flagship, as well as Adani Green Energy Ltd. and Adani Transmission Ltd., may raise between $3… May 12, 2023 11:36 IST
Mankind Pharma share falls 6% today after gaining 32% over IPO price; should you buy, sell or hold? As Mankind Pharma shares fell 6% in trade today following its bumper listing on the bourses yesterday, analysts are mixed… May 10, 2023 12:46 IST
EV-only Uber rival BluSmart raises $42 million in BP Ventures-led round Investors include BP Ventures, the investment arm of energy giant BP Plc that holds 20% equity. BluSmart is currently valued… May 5, 2023 09:29 IST
Tata Steel in talks to raise up to $400 million in offshore green loan The lenders include Bank of America Corp., HSBC Holdings Plc, JPMorgan Chase & Co. and Mitsubishi UFJ Financial Group Inc. April 18, 2023 15:01 IST
Adani Group’s debt pile up by 21% over past year, reliance on global banks for funding rose too The shifting state of its finances and creditor mix underscores just how swiftly billionaire Gautam Adani’s group, based in the… April 18, 2023 10:13 IST
PhonePe gets additional USD 100 million fund from General Atlantic “PhonePe confirms a USD 100 million additional tranche of investment from General Atlantic, a leading global growth equity firm, and… April 12, 2023 16:45 IST
Mistakes that startups should avoid while preparing to go for an IPO Before considering an IPO, a company must have a solid financial track record and demonstrate consistent revenue growth and profitability.… March 31, 2023 12:19 IST
Anil Agarwal fights to raise cash to clear Vedanta’s debt Though Vedanta’s debt pile is much smaller, the company’s bonds are rated near the lowest rung of gradings, raising the… March 27, 2023 10:38 IST
Air India confident on funding for world’s biggest aircraft deal; CEO flaunts Tata name Air India has placed an order of 470 aircraft from both Boeing Co. and Airbus SE, with deliveries due to… March 20, 2023 17:44 IST
Phonepe raises $200 million from Walmart, valued at $12 billion; Walmart to continue holding majority stake The funding is part of the ongoing fundraise of up to $1 billion, following its shift to India from Singapore… March 17, 2023 11:26 IST
Unicorn surge: India adds 23 new unicorns in 2022, overtakes China for second consecutive year According to the report, nine of the 23 unicorns added in the year have emerged from cities outside of the… March 15, 2023 17:20 IST
No new unicorn in six months as funding winter bites VC firms ask founders to chase profitability instead of revenue growth March 15, 2023 06:15 IST
Cash-strapped Pakistan seeks US help to secure ‘lenient treatment’ from IMF for USD 1.1 billion funding After failing to convince the global lender, Islamabad is left with no option but to seek help from Washington and… March 14, 2023 11:29 IST
Vijay Shekhar Sharma, others invest in digital trucking company Raaho, valuation quadruples in 1 year The round was led by Inflection Point Ventures (IPV), Roots Ventures, Blume Founders Fund and prominent Angels like, Kunal Shah,… March 13, 2023 19:06 IST
Offline sales bring 10-15% of revenue, eyeing 2.5x online sales growth by year end, says Sirona founder While the brand’s foray into offline retail has been recent, Sirona is focusing on its offline network of product offerings.… March 11, 2023 10:17 IST
Peyush Bansal’s Lenskart close to raising $500 Million funding from Abu Dhabi Lenskart is set to close its funding round amid a global rout for tech companies that’s prompted layoffs in the… March 9, 2023 15:30 IST
