Article on May 09, 2023
Edtech Platform ixamBee Secures Equity Funding Of Rs 11 Cr
The company, said that the newly secured funds will be utilised to drive growth by launching additional learning programs and investing in content development, marketing, and technology
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Stride Ventures Marks First Close Of Third Fund At $100 M
The company, in a statement, said that this fund will help making investments in fast-growing startups that exhibit robust business models, strong unit economics, and skilled management teams
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NIIF Likely To Raise $1 Bn, Aims To Launch Its Second Fund
NIIF is also planning to launch its first InvIT for its road assets, with a portfolio worth around USD 2 billion. It intends to raise USD 500 million in expansion capital from both global and domestic investors
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Invesco Cuts Swiggy's Valuation To $5.5 Bn
Swiggy's latest valuation is 48.6 peer cent lower than in January of last year, when it became a decacorn after raising USD 700 million in a funding round
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Physics Wallah To Invest Rs 100 Cr In Its UPSC Coaching Arm
PW launched 50 offline centres throughout India earlier this month, with an investment of USD 10 million in software innovation to support offline coaching
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Fintech Unicorn Razorpay To Shift Its HQ To India
Earlier this year, payments firm PhonePe had moved base from Singapore to India in a run-up to public listing plans
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Bain Capital Is In Talks To Raise $4 Bn For Its New Global Fund
After receiving USD 3.2 billion in commitments, Bain Capital established a prior global fund in 2020
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Zyngo Bags $5 M In Pre-Series A Led by Delta Corp Holdings
The funds will be used towards increasing fleet size, expanding to new geographies and to enhance technology
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"India Is Well Positioned To Become Third Largest EV Market In Next 4 Years"
Varun Goenka, Co-founder, Chargeup believes that the Lithium reserves found in Jammu&Kashmir and now in Rajasthan, with this, India seems charged up in order to fulfilling domestic requirements
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