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Funding

Bank

Fintech firm Indifi raises Rs 290 cr in funding round by ICICI Venture.

Nidhi Mishra -
Indifi, a leading fintech firm in India, has successfully raised Rs 290 crore in a recent funding round led by ICICI Venture. The funding...
Bank

Outrage Erupts Over Approval of Third Revival Package for BSNL

Nidhi Mishra -
In a move that has sparked outrage among Twitter users, the Union Cabinet has approved a third revival package for Bharat Sanchar Nigam Limited...
Business

BYJU’s Accuses TLB Lenders of Demanding Immediate Payment Amid Ongoing Legal Challenge

Nidhi Mishra -
BYJU's, the prominent edtech company, has accused its TLB (Term Loan B) lenders of issuing a notice demanding immediate payment of the entire outstanding...
Bank

Ola Electric on Track to Surpass $1 Billion Revenue Milestone, Reveals CBO Ankush Aggarwal

Nidhi Mishra -
Ola Electric, the leading electric mobility company, is expected to achieve a remarkable feat by surpassing the $1 billion revenue mark, according to the...
Bank

Climate Tech Push: EV Start-ups Poised to Join India’s Next Unicorn Club

Nidhi Mishra -
India's push towards climate technology is set to pave the way for a new batch of unicorn start-ups, with electric vehicle (EV) companies poised...
Bank

Byju’s Faces Deadline for $40 Million Payment of $1.2 Billion Loan

Nidhi Mishra -
Byju's, the prominent edtech company, is facing a critical deadline for the payment of $40 million as part of its $1.2 billion loan. The...
Bank

Byju’s Valuation Slashed by BlackRock, Now Stands at $8.4 Billion, a 62% Reduction

Nidhi Mishra -
BlackRock, the global investment management corporation, has once again revised its valuation of Indian edtech giant Byju's, reducing it by a significant 62%. The...
Business

Meesho’s Valuation Revised Downward: Fidelity Investments Cuts it by 10% to $4.4 Billion

Nidhi Mishra -
Fidelity Investments, a prominent global investment firm, has reduced the valuation of Meesho, an Indian e-commerce reselling platform, by 10%. The revised valuation now...
Bank

SEBI Imposes Rs 15 Lakh Fine on Individual for Violating Market Norm

Nidhi Mishra -
The Securities and Exchange Board of India (SEBI) has levied a penalty of Rs 15 lakh on an individual for violating market norms. The...
Bank

Foreign VC Funding in India Witnesses 72% Decline as Unicorn Machines Stutter

Nidhi Mishra -
Foreign venture capital (VC) funding in India has experienced a significant decline of 72% as the unicorn machines, referring to high-valued startup companies, face...
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