Funding Alert
DVARA KGFS Raises $10 Mn in Debt Funding Round
Dvara Kshetriya Gramin Financials (DVARA KGFS), an NBFC operating in remote rural parts of India, has raised $10 million in a debt funding round from BlueOrchard Microfinance Fund.The firm will utilise the fund for expansion plans and strengthen its efforts to empower underserved communities...
Business
Incred Alternatives Launches INR 330 Crore Private Equity Fund
Launching its first private equity fund, Incred Alternative Investments raised INR 330 crore during its maiden fundraising round. The company declared that the Incredible Growth Partners Fund I is a new fund with a target of INR 500 crore.High-net-worth individuals have shown interest in...
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Banking
Exclusive: How RBI’s Action On Kotak Mahindra Bank Will Affect Its Business
Kotak Mahindra Bank was dealt a blow by the Reserve Bank of India (RBI)...
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Lendingkart acquires personal loan provider Upwards
Small businesses-focused digital lender Lendingkart has acquired personal loan provider Upwards in a cash-and-stock...
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BharatPe CEO Suhail Sameer Resigns, Nalin Negi Appointed Interim CEO
The rumbling never seems to stop at Sequoia-backed BharatPe. After the eventful year it...
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Mamaearth Parent Files IPO Papers; Sofina, Stellaris, Kunal Bahl, Shilpa Shetty To Sell Stake
Honasa Consumer Private Ltd, the first unicorn of 2022 and the parent firm of...
Funding Alert
Wadhwani AI gets $1 million Google.Org grant to build AI solutions in agriculture
Google.Org has awarded the Wadhwani Institute for Artificial Intelligence (Wadhwani AI) a grant of...
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PhonePe Completes Separation From Flipkart
Fintech unicorn PhonePe has separated from its parent company and e-commerce giant, Flipkart, according...
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TCS to Launch Mental Health App
Indian IT giant Tata Consultancy Services (TCS) is reportedly building an app to help...
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NPCI Extends UPI Market Cap Deadline By Two Years, Relief for PhonePe, Google Pay
The National Payments Corporation of India (NPCI) has extended the deadline for Unified Payments...
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Lightspeed backed Teachmint becomes the latest Edtech startup to lay off 45 Employees
Lightspeed Venture Partners backed edtech startup Teachmint has laid off 45 employees or about...
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Dabur India is set to launch its own E-Commerce platform by the end of FY23
Dabur India is venturing into the D2C space by launching its own website, Dabur...
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EaseMyTrip acquires majority stake in Nutana Aviation Capital
Online travel booking website EaseMyTrip has acquired a majority stake in Nutana Aviation Capital....
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Aditya Birla TMRW Invests INR 289Cr In Bewakoof & 7 other D2C brand
TMRW, The DIRECT-TO-CONSUMER venture wing of Aditya Birla Group, has invested in eight D2C...
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Funding Alert
DVARA KGFS Raises $10 Mn in Debt Funding Round
Dvara Kshetriya Gramin Financials (DVARA KGFS), an NBFC operating in remote rural parts of...
Business
Incred Alternatives Launches INR 330 Crore Private Equity Fund
Launching its first private equity fund, Incred Alternative Investments raised INR 330 crore during...
Funding Alert
Funding Alert: “Eternz Raises $1.15 Mn in Pre-Seed Funding”
Eternz, a curated vertical marketplace for jewellery, has raised $1.15 million in its pre-seed...
Funding Alert
Funding Alert: BharatRohan Raises $2.3 Mn in Pre-IPO Round
BharatRohan, an agritech firm focused on drone-based hyperspectral remote sensing, has raised $2.3 million...