Finance & Funding

The MoU was signed with High Glory Footwear, a subsidiary of Taiwan-based Pou Chen Corporation, "the world's largest branded footwear manufacturer," in the presence of Chief Minister M K Stalin Chennai: The Tamil Nadu government on Monday signed a memorandum...

The fund raised will be used for technology development, hiring, marketing and expansion plans Bengaluru: E-commerce platform Direct2U has raised Rs.1.8 crore in a seed round led by Inflection Point Ventures (IPV), announced the company in a press release on Friday....

Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal (NCLT) has extended the deadline to July 15, 2023, for concluding the CIRP of FRL New Delhi: The NCLT has granted Future Retail Ltd (FRL) an extension of...

The CIRP was initiated against FRL by NCLT on July 20, 2022, following loan default New Delhi: Lenders of debt-ridden Future Retail Ltd (FRL) has sought an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of...

The company has already registered a trust with the market regulator Securities and Exchange Board of India (Sebi) in February this year New Delhi: Reliance Industries Ltd (RIL) has started the process to set up an infrastructure investment trust (InvIT),...

The funds raised from GetVantage will be used to open around 50 outlets across the country in the new financial year and to step up its marketing efforts Mumbai: Barcelona, the fashion and apparel brand for men, has raised Rs...

Rubans received investments from Namita Thapar, executive director of Emcure Pharmaceuticals; Vineeta Singh, co-founder of Sugar Cosmetics and Aman Gupta, co-founder of Boat Lifestyle Bengaluru: Homegrown jewellery start-up Rubans has received a Rs 100 crore valuation at television series Shark Tank...

The Gurugram-based firm plans to use the funds to fuel its ongoing transition into a global business with significant operations in the USA, Gulf, and Europe New Delhi: B2B e-commerce startup Fashinza, which focuses on global fashion supply chains, has...

Under the green channel route, wherein a transaction, which does not raise any risk of an appreciable adverse effect on competition, is deemed to be approved on being intimated to the competition watchdog New Delhi: Fair-trade regulator Competition Commission of...

Warburg Pincus sold the shares in PVR through its affiliate Berry Creek Investment Ltd New Delhi: Private equity company Warburg Pincus on Monday divested a 2.49 per cent stake in multiplex-chain company PVR for Rs 380 crore through the open market...

With this tranche, the company has raised a total of $650 million (around Rs 5,360 crore) from several global investors New Delhi: PhonePe, one of India's largest fintech platforms, on Friday said it has raised an additional $200 million (around...

The company will utilise the money to expand its offerings, accelerate product development, and grow its presence in international markets, the startup said in a statement Mumbai: Influencer marketing platform One Impression on Wednesday said it raised $10 million in...

The Ayurveda Company will use the funds to expand its offline presence, improve product manufacturing and expand research and development New Delhi: Omni-channel ayurvedic lifestyle brand The Ayurveda Co. (T.A.C) raised Rs 100 crore in its Series A funding round led...

Internet Fund III Pte, a fund managed by Tiger Global Management sold 1,23,63,060 shares, amounting to 1.70 per cent stake in the company New Delhi: Internet Fund III Pte, a fund managed by Tiger Global Management, on Wednesday divested a 1.7...