Three French auto parts factories belonging to Alvance Aluminium, part of the steelmaking GFG Alliance owned by Indian-British billionaire Sanjeev Gupta, will file for bankruptcy protection on Friday, the company and...
SuperK raises Rs6 crore in seed funding led by Strive VC
Rural retail aggregator, SuperK, on Thursday said that it has raised ₹6 crore, as a part of its seed funding round led by Strive VC. The round also saw participation from Firstcheque VC, Ramakant Sharma & Syndicate...
Spintly raises Rs4.6 crore in funding led by Riso Capital
Physical security startup Spintly, on Thursday, said that it has raised Rs. 4.6 crore as a part of its extended seed round of funding, led by Silicon Valley-based Riso Capital. Hyderabad-based SucSEED Indovation Fund...
Solethreads raises Rs13 crore in Series A funding
Gurgaon-based Footwear start-up Solethreads has raised Rs13 crore in Series A round of funding led by DSG Consumer Partners and Saama Capital, the company said Wednesday. Solethreads is digital first brand that sells...
Credflow raises $2.1 million in seed funding
Mumbai-based fintech startup Credflow, which offers cash flow management solutions for Indian small and medium enterprises (SMEs), has raised $2.1 million (or Rs15.2 crore) as part of its seed round of financing led by...
Amazon moves SC against Delhi HC stay order restraining Future Retail deal with Reliance
Future Retail today said Amazon has approached Supreme Court against a Delhi High Court order which stayed a single judge’s order restraining Future Retail Ltd from going ahead with its ₹24,713 crore deal with...
Flipkart to acquire troubled Cleartrip
Flipkart Group is close to buying travel and hotel booking platform Cleartrip in a distress sale, three people aware of the matter said, as the Walmart-owned e-commerce giant strengthens its operations in the...
LimeChat raises seed funding led by pi Ventures, Stellaris
Artificial intelligence (AI)-based chatbot startup, LimeChat, on Tuesday said it has raised $750,000 as part of its seed round led by pi Ventures and Stellaris Venture Partners. Well known angel investors including...
Microsoft to buy Siri’s AI developer in deal worth $19.7 billion
Microsoft Corp on Monday said it is buying speech technology company Nuance Communications Inc. in an all-cash deal valued at $19.7 billion, making a massive bet on health care artificial intelligence. Microsoft is...
LearnVern raises over $1 million in fresh funding
Ahmedabad-based edtech startup, LearnVern, on Monday said it has raised over $1 million in fresh funding from undisclosed international investors. The year-old startup is an online learning platform providing job...
Flipkart partners with Adani Group to enhance supply, logistics infra
India’s homegrown e-commerce marketplace Flipkart on Monday announced a strategic and commercial partnership with the Adani Group. Flipkart will work with Adani Logistics Limited to strengthen Flipkart’s supply chain...
CPP Investments, RMZ announce JV
Canada Pension Plan Investment Board (CPP Investments) and Bengaluru-based RMZ Corp. announced a joint venture for three office projects on Sunday, with the Canadian fund investing $210 million. The joint venture...
