Advertisements Talks between India and Tesla Inc (TSLA.O) over potential tax benefits are deadlocked as the government is not keen to give the company any breaks without a commitment to manufacture locally, people familiar with the discussions told Reuters. Tesla is desperate… Read More ›
Startup
TikTok owner ByteDance cuts investment team amid China crackdown
Advertisements TikTok owner ByteDance is shrinking its investment team and dissolving a sub-group focused on financial returns in response to regulatory crackdowns in China, three sources familiar with the matter said on Wednesday. ByteDance had divided its external investment arm… Read More ›
Foreign investment flow into India down 26% in 2021: UN
Advertisements Foreign Direct Investment (FDI) flows to India in 2021 were 26% lower, mainly because large M&A deals recorded in 2020 were not repeated, the UN trade body has said. The UN Conference on Trade and Development (UNCTAD) Investment Trends… Read More ›
WRMS Envisions To Transform USD 1 Mn Farmer’s Livelihood By Enabling Them With Secufarm App By 2024
Advertisements WRMS, an agri risk management company, is on a mission to mainstream the use of technology for smallholder farmers and to secure their income with SecuFarm – the world’s first smart & sustainable farming solution. SecuFarm bundles the most… Read More ›
Abacus.AI, Worlds’ First End-To-End AI Platform Opens R&D Division In India
Advertisements Abacus.AI, the world’s first end-to-end AI and ML cloud platform with custom verticals specific for many enterprise AI use-cases such as personalization, forecasting, NLP, and vision is expanding its global footprint with a dedicated R&D facility in India. This… Read More ›
D2C Performance Wear Start-Up Zymrat Secures USD 500K In Seed Round
Advertisements Zymrat, an innovation-led performance wear brand today announced raising $500,000 in seed funding. The investment was led by Dominor Investment Holding LLP, the funds will be used for category extension, accelerating product innovation, hiring of talent and building awareness… Read More ›
Jhaji Store Raises Undisclosed Amount From Velocity.in
Advertisements Direct-to-consumer (D2C) brand Jhaji Store, an online pickle store that sells authentic homemade achars, has raised an undisclosed amount from Velocity.in, India’s largest revenue-based financier. This is the first round of external financing Jhaji Store has raised. Founded in… Read More ›
Mivi Raises An Undisclosed Amount From N+1 Capital
Advertisements Mivi, a leading homegrown consumer electronics brand, has raised an undisclosed amount in a debt funding round from N+1 Capital. The hitherto bootstrapped company has been associated with its first funding partner, N+1 Capital, India’s largest revenue based growth… Read More ›
SaaS Labs Raises USD 42 Mn Led By Sequoia
Advertisements SaaS Labs, which builds business automation tools for sales and support teams worldwide, has raised USD 42 million (about Rs 312 crore) in a funding round led by Sequoia Capital India. The Series B funding round also saw participation… Read More ›
Pixis Raises USD 100M In Softbank Vision Fund 2-Led Series C
Advertisements Pixis (formerly known as Pyxis One), a leading provider of contextual codeless AI infrastructure for complete marketing optimization, today announced it has secured US $100M in Series C funding. Pixis will leverage the fresh funds to help the company… Read More ›