Tuesday, October 1, 2024
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CATEGORY

Funding

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

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

Outrage Erupts Over Approval of Third Revival Package for BSNL

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

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

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...

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

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

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

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...

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

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...

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

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...

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

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...

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

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

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

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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