Teena Jose | Page 3

The company said it will use the funding to hire top talent and accelerate its expansion plans

The IPO comprises a fresh issue of equity shares worth up to INR 1,000 crore and an Offer For Sale (OFS) component of up to 85.57 lakh equity shares

The funding will be used to deepen Pixis' AI capabilities, accelerate global expansion, invest in R&D to refine and launch a generative AI-powered creative studio, and build strategic product and business partnerships

This announcement comes after Apple introduced the support for India's navigation system in some of the new iPhone 15 models

According to an official statement, the transaction will also provide a partial exit to Peak XV

The early-stage focused angel platform has delivered 22 partial exits and 12 full exits to their investors

According to an official statement, this acquisition aligns with Prolifics' commitment to partnering with their clients and innovating customer-centric solutions

Kae Capital has been investing in India for more than a decade now, which is a sector-agnostic fund that invests in pre-seed to pre-series A stages of a company's lifecycle

ACF has planned to announce its first investment deal this quarter and further aims to execute 8 to 10 deals annually

The veteran banker has nearly four decades of experience in SBI and held various leadership roles in the bank managing critical operations across India, the UK and Canada

The company will use the new funding to expand its team and launch its beta version early this fall

The program encourages young entrepreneurial minds to incubate innovative ideas and create new market opportunities and global trends across industry verticals

The funds will be used for market research, marketing innovation, and product development

The fund raised will be utilized to expand the retail presence in India, expand overseas with an omnichannel approach and allocate additional resources to marketing and awareness initiatives

As per the company, this investment will play a pivotal role as Juniper Green Energy targets to triple its operational capacity to 2.5 GW by 2026

According to reports, Byju's is expecting to earn between $400-$500 million from the sale of Epic, which is a US-based kids' learning company

The fund raised will be utilized for technology improvement to leverage the decision analytics SaaS products

The platform plans to channel its latest round of funding into amplifying its AI capabilities

The funds raised will be used for research and development particularly artificial intelligence and to scale SaaS offerings including the launch of new products in niche areas of financial crime

The funds raised will be strategically allocated to bolster customer acquisition, refine operations, and enhance the platform's features

As per the report, India's government has forecast the domestic chip market will be worth $80 billion by 2028 compared with $23 billion currently

Deloitte CEO also said India can look for opportunities in the agriculture, space sectors, and other sunrise areas such as semi-conductor and electric vehicles

Founded by Rishi Vasudev and Rameswar Misra in May 2021, G.O.A.T Brand Labs is an aggregator of D2C brands that invests in digitally native brands in the lifestyle space

Ankit joined Zepto in August 2022 as SVP of Product

The report noted that the Indian fintech industry was recovering from the funding winter faster than its global counterparts

The developments come at a time when Oyo has refiled its draft red herring prospectus (DHRP) with the Securities and Exchange Board of India (Sebi) under the recently introduced pre-filing route

The agreement was signed on Monday and as per reports the fund raised will be deposited in the company's account within four-five days

The initiative aims to connect, empower and engage with today's new age consumers and reshape brand interactions

The company plans to utilize the fund for launching new products and expanding its charging infrastructure and retail network

The grant is aimed at boosting innovation and entrepreneurship in Odisha and supporting the growth of startups in different sectors