daily roundup (June 20, 2023)
Funding Fintech startup TransBnk raises $1M from 8i VenturesMumbai-based fintech startup TransBnk has secured $1 million in a seed funding round led by early-stage venture capital fund 8i Ventures.TransBnk will…
Funding Fintech startup TransBnk raises $1M from 8i VenturesMumbai-based fintech startup TransBnk has secured $1 million in a seed funding round led by early-stage venture capital fund 8i Ventures.TransBnk will…
Yoga, a time-honoured practice that unites the mind, body, and spirit, is well-known globally. More so, when the United Nations adopted International Yoga Day in 2014. It comes as no…
AIRAVAT Capital, a public equities investment firm, has launched a global tech fund for high net worth individuals (HNIs) and institutional investors. Airavat Global Technology Fund R will provide Indian…
The digital age has ushered in a multitude of advancements, not least of which is the rise of artificial intelligence (AI). Recently, these innovations have taken a curious and somewhat…
Bengaluru-based Drools Pet Food Private Limited has raised $60 million in funding from global consumer-focused investment firm L Catterton. This marks L Catterton's venture into the pet food sector in…
A consortium of private equity firms, including ChrysCapital, has acquired a 90% stake in HDFC Credila Financial Services for Rs 9,060 crore, HDFC Ltd said.The sale of HDFC Credila, the…
The startup landscape is filled with exciting opportunities and groundbreaking innovations. However, the truth is not every startup succeeds. A startup can fail for a variety of reasons—lack of market…
India’s eB2B market is projected to grow from $5-6 billion in CY 2022 to $90-100 billion by 2030 at a compound annual growth rate (CAGR) of 40-45%, according to a…
Hello,More layoffs at BYJU’S.Amid ongoing conflicts with lenders, the edtech major is laying off more than 1,000 people, which will impact employees across departments like mentoring, logistics, training, sales, post-sales,…
Father-son duo Ashok Shastry and Rahm Shastry started DriveU in 2015 to offer technology-driven, on-demand, and affordable private driver service. “We saw there was a huge opportunity to improve both the…