Article on May 11, 2021
KFintech Acquires 17% Stake In Artivatic.ai
With this partnership, KFintech will step into the insurtech vertical. This is in line with the firm's plan of action as it is looking to diversify beyond pensions, mutual funds, and corporate, etc asset classes.
Read MoreMedi Assist Healthcare Services Files IPO Papers With SEBI
The initial public offer (IPO) is entirely an offer of sale of up to 28,028,168 equity shares of Medi Assist by promoters and existing shareholders, according to the draft red herring prospectus.
Read MoreSIDBI Venture Capital Invests In Locobuzzz
The funds will be used in sales and marketing while enhancing the technological capabilities of the brand and scaling up the team functions.
Read MoreDeal Statistics Set New Records In April 2021 With Highest Deal Volume Since 2011
April 2021 reported over 160 transactions, aggregating to a deal value of USD 13 billion. Domestic mergers and acquisitions (M&A) transactions led the pack by reporting over 30 transactions aggregating to USD 5 billion, including a couple of transactions in the billion-dollar category.
Read MoreWe Founder Circle Leads USD 200k Pre-Seed Round In Geekster
Geekster plans to utilize the freshly infused funds in launching skill development programs, accelerating the product development and offering its product to a wider client base.
Read MoreIndia Accelerator Backed Edtech Startup Ingenium Raised Seed Investment Led By Lead Angels
Incubated and mentored by India Accelerator, the innovative startup is providing SaaS platform to small and medium sized institutes and helping them to grow and manage their business better.
Read More'Probably The Safest To Invest In Crypto Assets' Kumar Gaurav- CEO And Founder, Cashaa- Crypto Friendly Neo-Bank
Considering the fact that investors have made billions of worth of investments in Indian crypto startups, acceptance of cryptocurrency will only infuse the economy with huge FDI.
Read MoreGroww To Acquire Indiabulls MF For Rs 175 Cr
Indiabulls Mutual Fund has 13 funds with the Quarterly Average Assets Under Management at Rs 663.68 crore as of March 2021, down from the Rs 921.33 crore in December 2021.
Read MoreCron AI, Adaptive Edge Platform Company, Raises $4m To Redefine 3D Perception
Cron AI will be able to accelerate the delivery of senseEDGE™ into new markets to power the core of autonomous systems and automated machines to shape the future.
Read More'Indian Footwear Industry Has Been Drawing A Lot Of Attention' Ambud Sharma, Founder & CEO Of Escaro Royale
The Indian footwear and leather industry is majorly export-oriented and the government has been taking initiatives for the increment of footwear.
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