Page 7 of funding

CarDekho’s SEA unit raises $60 million from Navis, Dragon Fund

Launched in 2020, the SEA unit operates in used car finance and refinance loans, dealer inventory funding, and classifieds space.

December 11, 2024 11:29 IST

Vodafone Idea to Raise Rs. 1,980 Crore through Preferential Share Issue. (Image Source: PTI)

Vodafone Idea board approves raising Rs 1,980 crore through Preferential Share Issue

Vodafone Idea has announced plans to raise Rs. 1,980 crore through a preferential share issue. The shares will be offered…

December 9, 2024 18:16 IST

Antler India plans to invest Rs 211 cr in 50 start-ups in 2025: Company

The venture capital firm has invested in 30 startups in 2024 through its maiden USD 75 million fund.

December 4, 2024 15:50 IST

VC funding in Indian startups up 44% during January-October 2024

VC funding in Indian startups up by 44% during January-October 2024

Major deals during the period in India were Zepto’s $665 million funding in June followed by an additional $340 million…

November 29, 2024 12:47 IST

IIT Bombay’s incubator plans Rs 100-crore fund; support to 1,000 startups in 10 years

The institute said the startup fund will focus on science, biotech, space, defense, and other national priority sectors.

November 22, 2024 14:09 IST

Zepto, fundraise, funding, investors, domestic investors, economic growth, startup ecosystem

Zepto raises $350 million funding from domestic investors in third fundraise in six months

Zepto’s $350 million round included investments from Indian HNIs, family offices, and financial institutions. The fundraise was led exclusively by…

November 22, 2024 11:09 IST

OYO-owned Innov8 to raise Rs 100 crore funding at Rs 1,200 crore valuation

The investment will be used to fund the company’s expansion plans to double its coworking centres in India to 100…

November 21, 2024 18:43 IST

Dairy startup Doodhvale Farms raises USD 3 mn from investors to expand biz

The round was led by Atomic Capital, with Singularity Early Opportunities Fund joining as a major co-investor.

November 20, 2024 18:40 IST

Startup investments drop 50% in October 2024: IVCA-EY report

Startup investments drop 50% in October: IVCA-EY report

October 2024 recorded nine large PE-VC deals (deals with a value greater than $100 million), aggregating $3.3 billion, a 4…

November 20, 2024 13:29 IST

Mayank Bidawatka, who built India’s Twitter rival Koo, raises $4M for his new startup Billion Hearts

The seed round has been led by Blume Ventures with participation from General Catalyst and Athera Venture Partners.

November 20, 2024 12:00 IST

HealthKart raises $153 million from ChrysCapital, Motilal Oswal Alternates, others

The company also announced an employee ESOP buyback of Rs 55 crore, its first liquidity event.

November 18, 2024 17:26 IST

India’s Blue Energy Motors plans to raise $100 mln by January, CEO says

Blue Energy, India’s first LNG truck manufacturer, was valued at $250 million in its previous fundraising round.

November 13, 2024 18:45 IST

Zepto, Funding, SME, startup, Finance, funds, Tracxn

Startup funding hits $10 billion in October

Notable large deals included Zepto’s $340 million Series G round, following its $665 million Series F raised earlier in the…

November 13, 2024 01:30 IST

Physis Capital gets Rs 150 cr commitment for Rs 400 cr fund

Physis Capital was set-up by the founders of Inflection Point Ventures which has invested in companies like Bharat Pe, Blusmart,…

November 12, 2024 12:36 IST

Bhanzu, math-learning startup by world’s fastest human calculator Neelakantha Bhanu, raises $16.5M funding

Bhanzu, math-learning startup by fastest human calculator Neelakantha Bhanu, raises $16.5M funding

Bhanu was declared the world’s fastest human calculator after he won India’s first-ever gold in the Mental Calculation World Championship…

November 11, 2024 12:04 IST

Data sharing startup Equal raises $10M from Prosus, Nikhil Kamath, Binny Bansal, Kunal Shah, others

Founded by Keshav Reddy and Rajeev Ranjan, Equal helps businesses streamline KYC, fraud prevention, and regulatory compliance through integration with…

November 11, 2024 11:32 IST

The Hosteller, funding, Series A round, expansion plans, traveling, travel space

The Hosteller secures funding worth Rs 48 crore in Series A round, aims to expand to 10000 beds by March 2026

The fresh capital will be utilized to expand The Hosteller’s footprint across India, with plans to strengthen its presence in…

November 7, 2024 11:58 IST

Deutsche Bank, funding, capital infusion, expansion, growth plans, digital transformation, India branches, capital allocation, banking sector

Deutsche Bank infuses additional Rs 5,110 crore into India operations for expansion

The additional funds, along with retained earnings and other statutory components, increases the regulatory capital of Deutsche Bank AG India…

November 6, 2024 12:26 IST

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Your queries: Electronics or vouchers received as gift not taxable

Money26 min ago

Private sector employees may receive Diwali gifts from vendors, but if the total value exceeds Rs. 50,000 in a year, it is taxable. Only cash, property, and specified movable property are taxable, not gifts like electronics and vacation vouchers. Stamp duty may be levied on the entire amount, including GST, in the case of property purchase.

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