Homegrown electric vehicle (EV) mobility platform ZEVO has raised $2 million in a pre-Series A funds round led by Pegasus India Fund, with participation from BizDateUp, JIIF and a family office. The financing marks an important step in ZEVO’s journey to expand its electric vehicle fleet and develop advanced infrastructure to support sustainable logistics solutions … Read more
Bengaluru-based home furnishings startup Furnishka has raised Rs 27 crore in a pre-Series A funds round, bringing its total funding to Rs 45 crore. India Quotient led this round, with participation from Sparrow Capital and well-known angel investors such as Sujeet Kumar (co-founder of Udaan) and Ramakant Sharma (co-founder of Livspace). Purpose of financing Furnishka … Read more
Indian billionaire Gautam Adani directed Adani Group and Sundar Pichai led Google today announced a partnership to advance their collective sustainability goals and add more clean energy to India’s grid. The partnership will focus on adding more clean energy to India’s power grid, with Adani supplying renewable energy to support Google’s cloud operations. A new … Read more
Amber Wings, the IIT Madras-incubated unmanned aerial vehicle startup, has unveiled its latest agricultural product buzz‘Vihaa’, to revolutionize agricultural practices across India. The drone recently received certification from the General Directorate of Civil Aviation (DGAC) with the aim of making agriculture more efficient and productive. It promises to help farmers manage their crops more quickly … Read more
Groww’s Stock Brokerage Unicorn non-banking financial company (NBFC) arm Grow Creditserv Technologies (GCS) saw its ownership loan book expand to around Rs 965 crore in June, up from Rs 731 crore in March, according to rating firm ICRA. The NBFC, which has been assigned an ‘A/A1’ (stable) rating by the rating firm, is a wholly-owned … Read more
Former Tata Sons chairman Ratan Tata made a staggering 23,000 per cent return on his initial investment after selling 5 per cent of his total stakes in Zerodha rival Upstox. According to Upstox, Tata still holds a 95% stake in the company. The 86-year-old business magnate acquired a 1.33% stake in Upstox in 2016. At … Read more
2 minutes of reading Last update: October 3, 2024 | 20:33 IS Video communications company Zoom on Thursday announced the launch of its Zoom Phone service in India, which initially supports native Indian phone numbers in Maharashtra Telecom Circle (Pune). Later, the service will be expanded to the telecom circles of Karnataka, Tamil Nadu, Andhra … Read more
Home health care Practo said on Thursday it has appointed two new directors, TVG Krishnamurthy and Alexander Kuruvillato its board of directors. The new appointments are part of Practo’s efforts to expand its business, focusing on using artificial intelligence (AI) to improve health outcomesthe firm said in a statement. Krishnamurthy previously worked in both multinational … Read more
Payoneer, the New York-based fintech giant, today said it has partnered with Mahindra Group’s technology unit. Mahindra Technology. The collaboration aims to optimize payment capabilities for Tech Mahindra’s innovative crowdsourcing platform, Populii, and revolutionize the way businesses engage with the global crowdsourcing industry and manage financial transactions. Allow gig workers to track payments Payoneer’s integration … Read more
“From an investment and financing point of view, when we talk about the financing gap, I think most of us don’t even understand what the gap looks like… when you walk into a room as an entrepreneur trying to raise some funds?” asked Shabori Das, Senior Assistant Editor, ET Prime, as she began moderating a … Read more
