Article on June 29, 2022

Fintech Firm Progcap Raises $40 Mn From Creation Investments, Tiger Global And Google

In the last 12 months, Progcap has raised approximately US$100 million in equity, solidifying its leading position in the corporate-led retailer financing space in India

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Panthera Growth To Raise $250 Mn Second Fund To Back Tech Companies

Fund II has been formed to build upon the investment track record and philosophy of the firm by focusing upon investments in growth stage technology-enabled companies

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Mukesh Ambani Steps Down As Reliance Jio's Director, Akash Ambani Appointed As Chairman

The board also approved the appointment of Pankaj Mohan Pawar as Managing Director of the Company for a period of five years commencing from 27 June, 2022, subject to approval of the shareholders

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