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FabAlley’s parent company High Street Fashions raises INR 40 cr from Stride Ventures
Advertisements Delhi-based fashion house and the parent company of clothing brand FabAlley and Indya, High Street Essentials Pvt Ltd has raised Rs 40 crore from Stride Ventures. Along with this fundraising, the company has also announced a new collection of… Read More ›
Hocomoco Rebrands to Wehouse, Raises USD 1 million in Pre-Series A Round
Advertisements Hyderabad-based tech-powered construction aggregator, Hocomoco, has recently rebranded itself to Wehouse and raised USD 1 million from Anthill Ventures and a group of angel investors in its first funding round. The funding will be utilized to upgrade the technology… Read More ›
Study Abroad Assistance Platform Foreign Admits raises INR 3.26 crore from Unicorn India Ventures
Advertisements Data-driven study abroad assistance platform ForeignAdmits has raised Rs 3.26 crore from Unicorn India Ventures and other marquee investors like SEA Fund, Beerud Sheth (Founder CEO, Gupshup, Zishaan Hayath (Founder CEO, Toppr) and Keshab Panda (Former CEO, L&T Infotech)… Read More ›
Wealthtech Platform ‘BHIVE.fund’ Raises Strategic Investment from Nikhil Kamath’s Gruhas Blume
Advertisements Alternative Investments Wealthtech Platform ‘BHIVE.fund’ has raised strategic investments from GruhasProptech, Blume Ventures, and other marquee investors. Gruhas was Co-founded by Nikhil Kamath of Zerodha and Abhijeet Pai of Puzzolana and is India’s largest proptech-focussed entity. Blume Ventures, a… Read More ›
Zypp Electric Raises USD 1 Mn From Northern Arc To Expand EV Fleet Service
Advertisements Zypp Electric, which operates in the last-mile space, on Monday said it has raised USD 1 million (about Rs 7.6 crore) in debt funding from Northern Arc to expand its electric vehicle (EV) fleet services as it is looking… Read More ›
Investors jittery after surprise rate hike, markets see worst week in 5 months
Advertisements The markets closed over 1% lower Friday and registered their worst week since November, as investors fretted that fast-paced interest rate hikes to fight surging inflation would slow global economic growth. The Nifty 50 was down 1.63% at 16,411.25… Read More ›
UK PM Johnson discusses investment with bosses of Shell and BP
Advertisements British Prime Minister Boris Johnson said on Friday that he had spoken to the bosses of oil majors Shell (SHEL.L) and BP (BP.L) and underlined the need for investment in the country amid soaring energy prices. “Our message to them, and what is… Read More ›
4 start-ups out of 7 received cumulative commitments of 9 Crores at JIIF Shark Angels event
Advertisements JITO Incubation and Innovation Foundation (JIIF) and JITO Youth wing (JYW) in association with Mumbai Zone recently hosted the grand JIIF Shark Angels. Out of the 7 startups that pitched, 4 received cumulative commitments of 9 Crores. As per the breakup,… Read More ›
Debt reduction over mid-term key for India’s growth prospects, central bank says
Advertisements India’s economic recovery is still dependent on stimulus measures, but cutting debt is essential to ensure sustained growth over the medium term, the Reserve Bank of India (RBI) said in a report on Friday. India should aim to reduce… Read More ›