To encourage consumer spending, Sitharaman announced two schemes- a leave travel concession (LTC) cash voucher and special festive advance-mainly aimed at benefitting central government employees
The company said it plans to deploy the new funds to strengthen RazorpayX, neo-banking platform and lending arm Razorpay Capital and hire about 500 employees by FY2021
RBI governor Shaktikanta Das at the central bank's MPC meeting announced a range of measures to support the economy in emerging from the impact of the Covid-19 pandemic
The company will use the USD 1 million seed capital to expand operations across India, reach lakhs of farmers and help them realize increased profitability and sustainability via improved soil health
RIL's retail arm has sold about 8.5 per cent stake in return of a total investment of INR 37,710 crore from global investors Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA
The NBFC plans to use the fresh capital to grow its dealer network, increase geographical expansion and improve collection technology and underwriting models
This marks third investment in RIL's retail arm from a global investor in less than a month, after Silver Lake announced an investment of INR 7,500 crore and KKR announced INR 5,550 crore funding
A clutch of HNI investors from Singapore made the investment, led by Janardhan Rao, international commodity trading house founder of Triumph Global Group.
The new added categories include large cap funds, mid and small cap funds, diversified funds, index funds, hybrid - aggressive and dynamic asset allocation, debt funds, liquid and tax saving funds
The seed funding round also saw participation from a cohort of angel investors, including MD of Forest Essentials Samrath Bedi, Sandeep Aggarwal of Droom.in, Haptik's co-founder Aakrit Vaish and Redchillies VFX chief creative officer Haresh Hingorani
The funding round was led by Amicus Capital along with participation from consumer-focused VC firm RPSG Ventures, founder of Boat Audio Amit Gupta and the company's existing investor Telama Investments
NASSCOM report titled 'SMB Cloud Adoption in India: Towards a Cloud First nation' shows SMBs that adopted cloud have seen 20-25 per cent increase in productive gains and 15-20 per cent reduction in operational cost
The company will deploy the fresh funds for developing phase one of its SaaS-based platform that helps businesses build tailored and personalized AI-powered virtual assistants, referred to as chatbots and voice bots
Lightspeed will start operations in Singapore and deploy capital from its global fund of USD 4 billion, which was closed in April this year, to invest in the Southeast Asian market, with key focus on Indonesia and Singapore
The funding round was led by Munich Re Ventures, corporate venture arm of Germany-based reinsurance and primary insurance company Munich Re. along with participation from existing investors Amazon, RPS Ventures and Intact Ventures.
The series A funding round led by Sequoia Capital India and Redpoint Ventures also saw participation from existing investors Accel India, Venture Highway and Global Founders Capital (GFC) along with Gokul Rajaram, Caviar Lead at Doordash
Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital and Footpath Ventures have pumped the latest funding, which comprises of primary funding and secondary transactions
Cub McPaws, a clothing brand focused on Generation Alpha-kids born after 2010-, said the funding round was led by a Dubai-based family office along with participation from a clutch of institutional and angel investors across Japan, Dubai, India and the US
Created by WhizKidz, OckyPoky is an octopus that assists children in learning English using personalised AI/Natural Language Processing (NLP) behind the screens
Walnut Knowledge Solutions (parent company of Qshala)that offers out-of-school learning solutions to students through quizzing, has raised INR 2.7 crore in angel funding led by Zerodha-backed fund Rainmatter Capital and Mindtree co-founder Kalyan Banerjee
CBT, the decision making body of EPFO, has decided to credit 8.15 per cent interest first, while the remaining 0.35 per cent will be credited later in December
The company stated it will use the funds to triple its current active user base of 2.25 lakh in the next 18 months, invest in technology to enhance its core trading platform, kickstart branding and marketing initiatives and expand its team from 30 to 100 people