Advertisements Luxury and premium watch retail player Ethos on Tuesday said it has raised around INR 142 Cr from anchor investors ahead of its initial share sale, which opens for subscription on Wednesday. The company has decided to allocate 16,13,725 equity shares… Read More ›
Investors
Emerging Markets Offer Dubious Investment Appeal
Advertisements U.S. stock markets are tumbling but shares from developing economies have fallen just as fast. Since the start of the year, the S&P 500 Index of big U.S. companies is down about 17%; the MSCI Emerging Markets Index has… Read More ›
Bollywood Actress Sonam Kapoor Invests In Blockchain Game MechaFightClub
Advertisements Superstar Sonam Kapoor has become one of the early investors in a new blockchain-based fighting game called MechaFightClub (MFC), launched by Irreverent Labs. MechaFightClub is an innovative novel concept in gaming that will close out several technical gaps. MFC… Read More ›
Dalmia Cement Draws Up Plan To Invest INR 2,600 Cr In Tamil Nadu
Advertisements Cement-maker Dalmia Cement (Bharat) Ltd, a subsidiary of Dalmia Bharat Ltd, has chalked out a INR 2,600-crore investment plan spread over the next four years to take up expansion of its existing facilities and also set up new manufacturing… Read More ›
BLinC Invest Announces Final Close Of INR 100 Cr Fund II
Advertisements Mumbai-based leading venture capital firm BLinC Invest announced the final closure of BLinC Fund II, a SEBI-registered fund, on April 27th 2022. Having received strong interest and commitment from several Indian and global investors, including HNIs, Family Offices, Corporates and Institutional… Read More ›
HR Tech Company Launches SHL Labs, Plans To Invest USD 30 Mn
Advertisements SHL, the global leader in talent acquisition and talent management technology, announced the launch of SHL’s innovation hub – SHL Labs. Getting together a broad range of talent and capabilities across Data Science, IO Psychology, Artificial Intelligence, and Design,… 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 ›
SHYAM MAHESHWARI MOVES ON TO A NEW INNINGS FROM ARES SSG
Ares SSG has been synonymous with Shyam Maheshwari for many years through the key deals done by SSG Capital in the country including through ACRE. BW Businessworld learns exclusively through its sources that Mr. Maheshwari, one of the founders of SSG Capital has decided to move on from the firm. We understand from our sources that he is likely to enter a new innings as an entrepreneur in the investment domain.
Artium Academy Secures Seed Funding From Sonu Nigam And Leading Early-Stage Investors
Advertisements Artium Academy, an online music learning and community platform has successfully completed its seed round of 750k USD led by Sonu Nigam and early stage investors like Jet Synthesis and Whiteboard capital. Artium Academy also has onboarded Swapnil Shinde,… Read More ›
MoneyHOP raises $1.25 million from international investors
Advertisements MoneyHOP, a UK-based company with an Indian subsidiary that provides seamless and cost-effective payments and remittance solutions, has raised $1.25 million in a seed round. The funding was led by UK-based investors and Managing Directors from various multi-national investment… Read More ›