Ecommerce, core biz to drive Indian beauty and personal care market: Nykaa, Redseer report

Online channels for beauty and personal care (BPC) products are expected to grow at a compound annual growth rate (CAGR) of about 25% in India, according to Nykaa Beauty Trends…

Continue ReadingEcommerce, core biz to drive Indian beauty and personal care market: Nykaa, Redseer report

upGrad strengthens enterprise unit leadership team with 5 senior appointments

Edtech firm upGrad’s corporate skilling and workforce development division has onboarded five senior leaders across various domains.These new appointments further bolster upGrad’s leadership team, which has grown significantly over the…

Continue ReadingupGrad strengthens enterprise unit leadership team with 5 senior appointments

Caspian Debt, BlackSoil Capital to merge, creating an NBFC with Rs 2,000 Cr AUM

Caspian Impact Investments (Caspian Debt) and BlackSoil Capital, two prominent Indian Non-Banking Financial Companies (NBFCs), have announced their merger through a share swap. Approved by both companies' Boards of Directors,…

Continue ReadingCaspian Debt, BlackSoil Capital to merge, creating an NBFC with Rs 2,000 Cr AUM

Arbour Investments invests $7M in Justo Realfintech, expands portfolio

Real estate investment firm Arbour Investments has invested $7 million in Justo Realfintech. The investment includes $5 million in equity and $2 million in debt.Justo Realfintech plans to use the…

Continue ReadingArbour Investments invests $7M in Justo Realfintech, expands portfolio

Bajaj Housing Fin IPO to open next week; More ‘upper layer’ NBFCs to follow suit to meet RBI norm

With Bajaj Housing Finance set to launch its initial public offering (IPO) next week, at least three more 'upper layer' non-banking financial companies (NBFCs) are expected to go public within…

Continue ReadingBajaj Housing Fin IPO to open next week; More ‘upper layer’ NBFCs to follow suit to meet RBI norm

Sunsure Energy secures Rs 226 Cr long-term debt financing from Tata Capital

Sunsure Energyon Wednesday said it has secured a Rs 226 crore in long-term debt financing from Tata Capital, the financial services provider arm of Tata Sons. The financing will be…

Continue ReadingSunsure Energy secures Rs 226 Cr long-term debt financing from Tata Capital

Awfis’s first annual report highlights strong growth and efficiency gains for the company

Since its stock market debut in late May, workspace provider Awfis's share price has nearly doubled to Rs 773.55, growing 91.9% from its listing price of Rs 403.The company's annual…

Continue ReadingAwfis’s first annual report highlights strong growth and efficiency gains for the company

India Approves Eye Drops That Could Replace Reading Glasses for Good!

In a groundbreaking development for vision care, India has approved PresVu, a new medication designed to significantly reduce the dependency on reading glasses for individuals suffering from presbyopia. This innovative eye drop,…

Continue ReadingIndia Approves Eye Drops That Could Replace Reading Glasses for Good!

Startup news and updates: Daily roundup (September 4, 2024)

Funding newsSports tech startup Spolto surpasses $1M funding Safa Soltani, Founder, Spolto and with Divesh Nathani Partner & COO, SpoltoIndo-Swedish sports tech startup Spolto has concluded its latest funding round, raising…

Continue ReadingStartup news and updates: Daily roundup (September 4, 2024)