Exclusive

Publication

Byline

Location

Norwest Closes 17th Fund At $3 Bn, India Continues To Be A Focus Market

India, April 25 -- Venture capital (VC) fund Norwest Venture Partners on Thursday (April 25) announced the close of its 17th fund at $3 Bn. Called NVP 17, the multi-stage fund will invest in startups... Read More


JioCinema Cuts Subscription Prices For Premium Content Posing Tougher Challenge For Netflix, Amazon

India, April 25 -- Reliance-backed streaming platform JioCinema has unveiled new subscription offering, JioCinema Premium, to take on Netflix, Amazon Prime Video, apart from domestic rivals in the OTT... Read More


Japan's Mynavi Corporation Picks Up Majority Stake In Awign

India, April 25 -- HRtech startup Awign has announced a majority stake acquisition by Japan-based HRtech platform Mynavi Corporation in an all cash deal. Without disclosing the financial details, Awi... Read More


India In Talks For Overseas Partnerships For Lithium Processing

India, April 25 -- In a bid to strengthen its lithium mining and electric vehicle (EV) industries, India is reportedly in talks with multiple countries for partnerships for technical help on lithium p... Read More


Lenskart's FY23 Sales Surge Over 150% To Inch Closer To INR 4,000 Cr Mark

India, April 25 -- Peyush Bansal-led eyewear giant Lenskart's sales inched closer to the INR 4,000 Cr mark in the financial year ended March 31, 2023. The Delhi-NCR based startup reported sales of INR... Read More


Groww Gets SEBI Nod To Launch Nifty Non-Cyclical Consumer Index Fund

India, April 25 -- Fintech unicorn Groww has received Securities and Exchange Board of India's (SEBI) nod to launch India's first Nifty non-cyclical consumer index fund. Launched by the platform's as... Read More


Enterprise Tech Startup FlexiCloud Internet Gets Strategic Investment From Ramoji Group

India, April 25 -- Ramoji Group's food manufacturing arm Ushodaya Enterprises has announced an undisclosed "strategic" investment in Kochi-based cloud hosting solutions provider FlexiCloud Internet. ... Read More


Enterprise Tech FlexiCloud Internet Gets Strategic Investment From Hyderabad's Ramoji Group

India, April 25 -- Ramoji Group's food manufacturing arm Ushodaya Enterprises has announced an undisclosed "strategic" investment in Kochi-based cloud hosting solutions provider FlexiCloud Internet. ... Read More


Mutual Funds Increase Stake In Paytm In March Quarter, FII Holding Declines

India, April 25 -- Amid the ongoing regulatory turmoil at fintech major Paytm, Indian mutual funds increased their shareholding in the Vijay Shekhar Sharma-led company during the March quarter of the ... Read More


Exclusive: Clix Capital Raises $6 Mn Debt Funding From DCB Bank

India, April 25 -- Delhi NCR-based Clix Capital has secured a debt funding of $6 Mn from DCB bank. As per the regulatory filing of the non-banking financial company, it is allotting around 1,00,000 no... Read More