The Moms Co raises $5 million in Series-B round
This is the third financing round for the two year-old company, having earlier raised an undisclosed sum in angel funding in 2016, followed by a $1 million round led by DSG Consumer Partners and Saama Capital two years ago.
IDBI Bank in talks with Avenue Capital to sell stake in asset aggregator Arcil
Avenue will become the largest stakeholder if the sale gets RB...
Ambit Capital pays Rs 6 crore to settle insider trading case with Sebi
Sebi said the information of negative profit for the fourth quarter of...
India offers significant multiplier growth over 5-10 years: Dhanpal Jhaveri, Everstone Capital
Investors need to be patient about returns and need to be invested deep and long.
Rahul Gandhi refuses to apologise for his rape remarks, claims Modi had called Delhi 'rape capital'
Under attack for his rape remarks, Congress leader Rahul Gandhi on Friday said he would never apologise and instead demanded that Prime Minister Narendra Modi put out his old video in which he claimed that Delhi had turned into a "rape capital" under the UPA dispensation.
Avoid metals in long term, go for India focused pharma cos: Sudip Bandyopadhyay
The uncertainties on the back of the tariff war have not ended, says Inditrade Cap group chairman.
Share market update: BSE Capital Goods index up; AIA Engineering gains 2%
The S&P BSE Capital Goods index was trading 0.92 per cent up at 16910.47 .
We are heading towards higher earnings and global growth in 2020: Peter Cardillo, Spartan Capital
There’s US-China trade deal, Brexit , Lagarde cutting rates. A lot of good can happen in new year.
Elara Capital initiates buy on Adani Ports, target price Rs 444
Adani Ports is a key beneficiary of consolidation in the ports and logistics businesses despite the slowdown.
View: Making Bengaluru Asia’s innovation capital
Karnataka’s new entity will help innovators navigate national and local laws. Innovation, by its very nature, brings in disruption to the wider ecosystem which include the laws that govern such an ecosystem.
Zetwerk gets $32 million from Lightspeed, Greenoaks Capital
Zetwerk is a business-to-business marketplace startup which connects large manufacturing companies with vendors and suppliers for customised products that are used as components of industrial machines and equipment.
Google inks Gurgaon lease deal with Simpli Work
Currently, Google has four offices in India, including its country headquarters in Hyderabad and the recently-acquired 1,00,000 sq ft office space in the First International Financial Centre. India is an attractive destinations for MNCs looking for high-value work and talent pool. Firms are looking at 50% conventional space on an over 10-year lease.
3one4 Capital makes final close of its two new funds
Separately, the firm has also closed a Rs 45 crore seed-stage fund — Rising-I fund — that will back idea stage and seed-stage companies with cheque sizes of Rs 50 lakh to Rs 3.5 crore, and which has been backed by a clutch of existing and new Limited Partners.
Stanza Living raises Rs 40 crore from Alteria Capital
Founded in 2017, Stanza Living has so far raised $70 million from investors like Falcon Edge Capital, Sequoia Capital, Accel, Matrix Partners and Alteria Capital.
Net banking & card frauds up 50%, Delhi is ATM con capital
The numbers of ATM frauds in public sector banks were, however, more revealing. While State Bank of India, with over 58,000 ATMs across India at the end of March 2019, accounted for over 25% of the over 2 lakh cash dispensers, one in five frauds were reported at its ATMs. The second-placed IDBI Bank saw close to 1,800 frauds being reported.
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