Finance and funding

Beyond Snack will deploy the new fund infusion to accelerate its expansion and drive further innovation in the snacks market Bengaluru: Banana chips brand Beyond Snack has secured an investment of $3.5 million from Nabventures Fund, a venture growth equity...

The latest funding has earned the Web3, AI startup a unicorn status, making ZYBER 365 the 109th unicorn in India's vibrant start-up ecosystem New Delhi: AI Start-up ZYBER 365 has secured $100 million (around Rs 818.7 crore) in Series A...

Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of business New Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...

US-based Sequoia Capital through its affiliate Sequoia Capital India Investments IV offloaded the shares in Go Fashion (India) New Delhi: Venture capital company Sequoia Capital on Monday divested its entire 10.18 per cent stake in Go Fashion for Rs 625...

The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of startups with the finance ministry New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of...

WOLP Fund 2 was launched in March and aims to raise a corpus of Rs 2,000 crore, including a green-shoe option of Rs 1,000 crore Mumbai: Welspun One Logistics Parks (WOLP) on Monday said it has successfully concluded the initial...

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....

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...

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...

One97 Communications, which operates under the Paytm brand, has completed buyback of shares worth Rs 849.83 crore New Delhi: Digital financial services firm One97 Commuications, which operates under the Paytm brand, on Tuesday said it has completed buyback of shares worth...