Wistron has $165m for India plant expansion
The Taiwanese contract manufacturer expects more business from its clients such as Apple.
Agritech startup Eggoz raises Rs 2.5 crore to fund expansion
Eggoz has so far sold over two crore eggs and has more than 1,00,000 birds under...
Catenon brings in former Microland executive Lakshmi Sridhar to lead South India operations
Sridhar has two decades of experience across exec...
Mysun raises Rs 32 crore from existing investors to fund expansion
With this investment, Mysun will also foray deeper into its in-house SME financing solutions, catering to the unique solar financing needs of SMEs/ MSMEs and individuals making solar ownership a hassle-free experience.
Tiger Global, Avatar and others put $44m in SirionLabs
The investment marks Tiger Global’s continued bullishness in India’s fast-growing software products sector. It also comes at a time of overall slowdown in funding because of the Covid-19 pandemic.
Domestic airlines curtail fleet expansion plans
Carriers are likely to take delivery of not more than 25 planes for the year ending December, less than a third of what they were collectively scheduled to get, said several people aware of the matter. This includes 10-15 planes already inducted, they said.
Info Edge set to raise new $100 million fund
The fund also comes at a time when overall investment activity is slowing down due to the Covid-19 pandemic.
BankBazaar raises Rs 45 crore in ongoing funding round led by WSV
Including this latest round of funding, BankBazaar has now raised about $116 million, across multiple rounds.
Custom Furniture startup WoodenStreet raises $ 3 million in Series-A Funding from IAN Fund, RVCF
With an increase in import duties, home-grown brands can utilize such investments in building themselves up and shape a better tomorrow under the ‘Make in India’ umbrella.
University Living to raise fund for US, Canada expansion
Besides, geographical expansion, the fund will be used for tech development, product enhancement, working capital for offshore offices, brand visibility for improved network effect, community building and team expansion.
Satya MicroCapital, Sindhuja Microcredit raise Rs 170 crore from global investors
Satya MicroCapital started its operations in January 2017 and has a network of 150 branches in 22 states. It primarily caters to women who own businesses and are looking for means of expansion.
SaaS startup Clumio taps into Indian talent, launches R&D center in Bengaluru
Some of the solutions developed by Clumio Research and Development Center with the support of its India team includes the recent addition of Microsoft 365 to its secure backup as a service.
Rebel Foods to expand beyond cooked meal brands, brews a new food kits plan
The idea is to extend cases beyond restaurants and create products for customers for use in homes.
TikTok will gain a stalwart from Disney
TikTok’s app has been downloaded about 1.9 billion times worldwide, including 172 million downloads in the United States. And its surging popularity has increased during the pandemic.
Pepperfry to aggressively add local furniture players now to expand supply
The Mumbai-based startup is currently in talks with local furniture players in the country. It is looking to add 8-10 new partners every month and take the count to a total of 150-180 suppliers by the end of 2020.
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