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Finance and funding

Welspun One Logistics Parks raises Rs 500 cr under second AIF in initial phase

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 croreMumbai: Welspun One Logistics Parks (WOLP) on Monday said it has successfully concluded the initial...

E-commerce start-up Direct2U raises Rs. 1.8 crore in seed round led by IPV

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....

Fashinza raises $30 million from Mars Growth Capital

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 EuropeNew Delhi: B2B e-commerce startup Fashinza, which focuses on global fashion supply chains, has...

PhonePe raises $200 million in additional funding from Walmart

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

Paytm completes share buyback worth Rs 850 cr

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

Jewellery Brand Amama Secures Seed Funding from She Capital

Amama plans to utilize the $250,000 raised to boost its digital presenceNew Delhi: Amama, a high-end designer jewellery brand, recently raised seed funding of $250,000 from She Capital, an early-stage diversity fund focuses on investing in consumer tech startups...

Startups will attract significant foreign direct investments in 2023: DPIIT Secy

The action plan for startups comprises 19 action items spanning across areas such as simplification and handholding; funding support and incentives; and industry-academia partnership and incubationNew Delhi: The country's startups will attract significant foreign direct investments (FDI) in 2023 on...
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Latest News

Chai Sutta Bar opens 2 outlets in Bengaluru

The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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