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Article on November 25, 2022

Agritech: The Untapped Segment of The Indian Economy

Agritech startups fared better in FY23 than in FY22, when funding reached a record $878 million in 54 deals, according to data from analytics firm Venture Intelligence. On a calendar-year basis, investments in the first nine months of 2022 climbed 67 percent to $393 million from $235 million a year earlier

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Nykaa's Arvind Agarwal Moves On To Join PayU India As CFO

The announcement of Agarwal’s departure from Nykaa came a few weeks after the company issue bonus shares, as per the media report

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Redcliffe Labs Plans To Invest $10 Mn For Expansion

Redcliffe Labs a diagnostic lab chain plans to invest $10 million to invest in expansion. It is working towards building additional 57 labs in the next 6 months and 1200 collection centres

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Koo Bags $6.3 M In Ongoing Funding Round

This is the company’s second fundraise of the year, based in Bengaluru. It previously received $10 million in February. Tiger Global Management, South Korean financial services firm Mirae Asset Management, and IIFL invested $30 million (approximately Rs 218.04 crore) in the company

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SphitiCap Launches Maiden Fund with Corpus Of $500 Mn

SphitiCap Launches its maiden Venture Fund with a total corpus of 500 million USD. The early-stage fund is supporting investments in enterprises that align with the tenets of sustainability, growth, and impact

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Galgal Money Raises $1 Mn From Angel Investors

Galgal Money a fintech startup raises $1 million from angel investors. It has also launched the app at a rapid time-to-market pace and to increase customer acquisition

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HealthKart Raises Rs 536.52 Cr In Series H Round

HealthKart has eight nutritional brands under its umbrella namely MuscleBlaze, The Protein Zone, TrueBasics, HKVitals, bGreen, Nouriza, and Gritzo

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Walmart Backed PhonePe Plans To Buy ZestMoney

PhonePe a leading fintech plans to buy ZestMoney a buy now pay later platform

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Aditya Birla Fashion To Acquire Majority Stake In D2C Brand Bewakoof: Report

With this investment, ABFRL marks it foray into D2C segment and plans to expand

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Diebold Nixdorf Expands Its Footprints In India

Diebold Nixdorf a US-based financial and retail technology company opens a new manufacturing facility in India. The facility is located in India's IT hub Bengaluru

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