Browsing: Investment

Edtech company Vedantu has raised $11 million in fresh funding from internal investors as part of a larger ongoing round led by ABC World Asia with participation from Accel India and Omidyar.

Simple Energy on Thursday raised $10 million in a bridge round led by existing investor Dr Arokiaswamy Velumani, Founder of Thyrocare’s Family Office.

The companies have come to an understanding whereby Merck will offer its full suite of products and services, including high-purity electronic materials, advanced gas and chemical delivery systems, turnkey fab infrastructure services, and its Material Intelligence solutions powered by AI, for Tata Electronics’ upcoming Fab in Dholera, Gujarat.

India’s youngest airline Akasa on tuesday said it has completed funding transaction of about Rs 1,200 crore from new investors including Premji Invest, asset management firm 360 ONeAsset, and investment office of Ranjan Pal.

The Reserve Bank of India will conduct a bond switch auction. It aims to manage government debt. Bonds worth ₹32,000 crore will be switched. This move reduces redemption pressure in the coming years. It also helps in lowering the fiscal deficit. This follows other buyback actions by the RBI. These actions are part of a larger strategy.

Swati Bhargava, Co-Founder of CashKaro and a renowned voice in India’s entrepreneurial ecosystem, has made a strategic investment in MobiYoung Group, the parent company of DGTOOHL – a next-generation OOH AdTech and media aggregation platform.

A key highlight is its provision of 100 per cent top-up incentives for projects approved by the Ministry of Electronics and Information Technology (MeitY), offering dual benefits from both the Centre and the state.

Chennai-headquartered drone startup Garuda Aerospace has raised ₹100 crore in its Series B funding round from Venture Catalysts (Vcats++), at a…

Deeptech surveillance startup Optimized Electrotech has raised $6 million in a Series A funding round co-led by…

Xindus, a full-stack cross-border logistics startup helping Indian SMEs expand globally, has closed $10 million…