Mumbai: Direct-to-consumer (D2C) fresh meat and seafood brand Licious has raised $150 million in a funding round led by Singapore based Amansa Capital, along with Kotak PE & Axis Growth Avenues AIF-I, as part of its Series F2 round, a senior company official said. The company will use the funding to fuel its inorganic growth…Continue Reading
SynopsisOther investors include Amber Group, Hack VC, Circle Ventures, and angel investors including Balaji Srinivasan (former CTO of Coinbase) and Sandeep Nailwal (cofounder of Polygon).ETtechEthSign’s cofounders Xin Yan, Potter Li, Jack XuMumbai: EthSign has raised $12 million in stable coin, led by Sequoia Capital India and Mirana Ventures. Sequoia Capital (US) and Sequoia Capital China…Continue Reading
Bengaluru: Digital payments and children’s pocket money app Junio has raised $6 million led by UAE-based NB Ventures, with significant participation from the Rajiv Dadlani Group. The company said on Thursday that it would use the fresh funds to expand its team, roll out new product features and scale up customer acquisition initiatives. Last year,…Continue Reading
Thiruvananthapuram: Kerala Assembly’s budget session began on a stormy note on Friday with the opposition Congress-led UDF raising “go back” slogans against Governor Arif Mohammed Khan and staging a protest sit-in at the portal of the House after boycotting the proceedings. As soon as the Governor entered the Assembly hall to deliver his customary policy…Continue Reading
B2B e-commerce platform udaan has raised $200 million via convertible note, according to an internal email shared by the company’s CFO Aditya Pande with the employees. “We are excited and glad to share that we have five new marquee investors coming onboard the udaan juggernaut, as part of our recently concluded convertible note financing. This…Continue Reading
New Delhi: has raised Rs 5,000 crore debt capital by issuing bonds on a private placement basis, the bank said on Friday. The board of directors of the bank had in April this year approved to raise funds by issuing debt securities. “Pursuant to the same, the bank has allotted 50,000 senior unsecured redeemable long…Continue Reading
SynopsisThe funding will be used for growth along with platform enhancements, scaling platform infrastructure and tech upgradation, a senior company official said.ETtechCommunications platform-as-a-service (CpaaS) company CometChat has raised $10 million in series A funding round led by US-based Signal Peak Ventures with participation from existing investors Matchstick Ventures, Range Ventures and Unbound VC. The funding…Continue Reading
NEW DELHI: Your mobile tariffs are set to go up. Bharti Airtel, one of the country’s oldest mobile operator, will be increasing tariffs for pre-paid customers by up 20-25% from November 26, signalling hardening of tariffs as companies look at ways to shore up profitability ahead of new investments in 5G and telecom network. Tariffs…Continue Reading
Grammarly uses machine learning to assist not only with basic writing, but also spell-check, grammar, tone of language and context. Topics grammar | start up Reuters Last Updated at November 18, 2021 08:13 IST Grammarly, which makes artificially intelligent software that helps improve people’s writing, has raised fresh capital at a valuation of $13 billion, underscoring sky-high…Continue Reading
Sources said Pakistani authorities had granted overflight clearance to GoFirst flights to operate the Srinagar-Sharjah sector on 23rd, 24th, 26th and 28th of October. Subsequently, sources said Pakistan put the clearance for the same flight “on hold for the period 31 October to 30 November 2021”. “This matter was promptly taken up with Pakistan through…Continue Reading