Article on January 06, 2023

Fintech Startup KreditBee Closes Second Tranche Of Its Series D

Last month, the company raised USD 100 million as tranche one of Series D from Mitsubishi UFJ Financial Group (MUFG) along with existing investors

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Ola Acquires 1500 Acres Land To Set Up EV Factory

Ola is expected to infuse around Rs 1 lakh crore in the 'electric vehicles' park that is setting up in the Krishnagiri district in Tamil Nadu by the end of the decade

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Harappa Education Fires Around 35% Of Its Workforce: Report

Harappa Education has recently announced its expansion plans into the US market in partnership with California-based Enliven Advisory

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Quick E-commerce Player Dunzo In Talks To Raise Over $70 M: Reports

Dunzo was initially looking to bag at least $150 million by selling a stake to the investors, but its decision to opt for convertible notes emphasises the fact that the large startups are struggling to secure funding amid the funding winter

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Centre To Issue Norms To Boost Startups' Innovation In Technical Textiles

The Government is contemplating a grant of up to Rs 50 lakh for approved proposals, a top official said on Thursday, according to the media reports

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OYO Writes To NCLT To Expedite MCA Inquiry On FHRAI Executive Committee

OYO, in its letter to NCLT, also talks about how this is worrisome development for the business environment of the country

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