AI-based EdTech platform SpeEdLabs has raised ₹14.31 crore from Mumbai Angels, LetsVenture, Ecosystem Ventures and SucSeed Ventures in pre-series funding round. The capital will be used to expand its presence and...
Abu Dhabi’s Ihc Invests ₹15,400 Crore In Three Adani Firms
Abu Dhabi-based International Holding Company PJSC (IHC) on Tuesday completed its ₹15,400 crore investment transaction in three Adani portfolio companies – Adani Green Energy (AGEL), Adani Transmission (ATL) and...
Capgemini To Acquire Chappuis Halder To Expand Consulting Expertise In Financial Services
French IT services major Capgemini said on Monday it has entered into a share purchase agreement to acquire Chappuis Halder & Cie (Chappuis Halder), a global strategy and management consulting firm specialising in...
Paytm’s Acquisition Of General Insurer Raheja Qbe Terminated As It Overshoots The Deadline
One97 Communications Ltd., which owns digital payments firm Paytm, said its share purchase agreement to acquire 100% of Raheja QBE General Insurance Company Ltd. has been terminated as its transaction could not be...
Jack Ma Exits Paytm Mall; Sells 43% For ₹42 Crore
Five years after making its biggest bet in India’s e-commerce market, Jack Ma-led Alibaba and Ant Financials have exited Paytm E-commerce Pvt. Ltd, the parent entity of Paytm Mall. Paytm E-commerce bought back the...
Tata Steel Acquires 1.30 Cr Ocrps Of Associate Firm Trf
Tata Steel on Saturday announced the acquisition of 1.30 crore optionally convertible redeemable preference shares (OCRPS) having a face value of ₹10 each of associate firm, TRF. The transaction aggregates to ₹13 crore...
Elon Musk ‘still Committed’ To Twitter Takeover Bid After Putting It On Hold. Key Points
Elon Musk on Friday had said that his plan to buy micro-blogging site Twitter for $44 billion is “temporarily on hold” as he tries to pinpoint the exact number of spam and fake accounts on the social media...
Swastika Commodity Merges With Swastika Investmart
In a bid to provide equity & commodity services under one roof with increased operational and financial efficiency, Swastika Investmart Ltd has completed the merger of its subsidiary company Swastika Commodity...
NCLT grants more time to FRL to reply to BOI plea
The Mumbai bench of the National Company Law Tribunal (NCLT) on Thursday granted more time to Future Retail Ltd (FRL) to file its response to a Bank of India petition seeking to initiate insolvency resolution...
Web3 Platform Fanztar Raises ₹5 Cr Led By India Quotient, Sharechat Founders
Fanztar, a web3 platform for the creator economy, has announced that it has raised ₹5 crore in seed funding led by India Quotient, a seed-to-early-stage venture capital firm. The funding also saw participation from...
Vivriti Capital Raises Additional $30 Mn From Tvs Capital
Non-bank lender Vivriti Capital Pvt. Ltd has raised an additional $30 million (around ₹228 crore) from TVS Shriram Growth Fund 3 as part of its Series C round. The Chennai-based company had raised $55 million in the...
Lodha, Bain, Ivanhoe Ink $1bn Logistics Deal
Real estate firm Lodha on Wednesday said it has partnered with Bain Capital and Ivanhoé Cambridge to build a platform of logistics and light industrial parks, as well as in-city fulfillment centers. The platform will...
