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Indian startups raise $3.1 Billion in VC funding in four months even as funding winter continues in the West

Indian startups raised $3.1 billion in VC funding during the first four months of 2024, marking a Y…

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1 min read

Hyundai to soon file draft IPO papers with Sebi to raise about Rs 25,000 crore: Sources

South Korean automaker Hyundai's Indian arm is likely to file preliminary papers with Sebi shortly …

PTI   


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World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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Zypp Electric raises $15 million funding in Series C Round

EV-as-a-service platform Zypp Electric on Monday said it has raised USD 15-million funding from Jap…

PTI   


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AI startup Neysa raises $20 mn from Matrix Partners, Nexus Venture Partners & more

AI cloud and platform-as-a-service (PaaS) startup Neysa on Wednesday said it has raised $20 million…

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Roadway Solutions India Infra to raise USD 120 mn from AG Dynamic Funds for expansion

Roadway Solutions India Infra Ltd (RSIIL) will raise USD 120.48 million (nearly Rs 1,000 crore) as …

PTI   


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S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years

In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…

PTI   


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Bharti Hexacom IPO opens to a tepid response with 34% of the issue subscribed

As much as 34% of Bharti Hexacom’s ₹4,275 crore public offer was subscribed by the end of the first…

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Prestige group raises ₹2,001 cr from ADIA, Kotak AIF to fund expansion

Realty firm Prestige Estates Projects Ltd has raised Rs 2,001 crore from Abu Dhabi Investment Autho…

PTI   


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Pure EV raises $8 million in latest funding round

The Hyderabad-based company said it is currently in the final stage of concluding its Series A1…

PTI   


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Zephyr Peacock India looks to raise $200 mn in the midst of funding winter

Global investors are still interested in India’s private markets. New York-based global investment …

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1 min read

Fintech firm Perfios becomes India's second unicorn of this year

B2B SaaS fintech company Perfios has become India's second unicorn of 2024 as it raised $80 million…

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Udaan raises $340 mn with eye on listing in 12-18 months

India’s largest eB2B platform Udaan said on Thursday that it has raised $340 million in Series E fi…

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Nivara Home Finance raises $10 million from Baring Private Equity

Bengaluru-based Nivara Home Finance raised $10 million from Baring Private Equity India in an entir…

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SpiceJet settles ₹250 crore dispute with aircraft lessor Celestial Aviation

The representatives of both parties informed a bench of NCLT last week that settlement terms had be…

ANI   


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Sterling and Wilson Renewable Energy raises Rs 1,500 crore

Sterling and Wilson Renewable Energy has raised Rs 1,500 crore through an issue of shares to qualif…

PTI   


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Don’t need to raise more capital immediately, says Axis Bank’s CEO Amitabh Chaudhry

Axis Bank will not need to raise more capital after the Reserve Bank of India mandated banks to inc…

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Bira 91 raises $25 mn to expand manufacturing footprint

B9 Beverages Ltd, Bira 91's parent company, on Wednesday said it is raising $25 million in new fund…

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D-Street debuts rake in $1.77 bn in Q3; momentum to continue till general elections

The buzzing Indian initial public offer (IPO) market is the best globally, says a report by Ernst &…

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Mutual funds collects ₹63,854 cr via new fund offers in 2023

Asset management companies launched 212 new fund offerings mobilising Rs 63,854 crore in 2023, marg…

PTI