Info Edge opens Rs 100 cr venture fund
It is, however, yet unclear if the company will bring in external investors to back the fund along side it, or the stage in which it will invest in potential companies.
Battery storage, smart grid and efficiency companies raised over $536 million through venture capital in 2019
Log 9 Materials, a developer of...
EduTech company Eupheus nets $4.3 million
The company said it has expanded to 70 cities as of the first half of the current fiscal year, apar...
Budget 2020: What’s next for Private Equity and Venture Capital industry
The PE & VC industry is set to play a significant role in upping India’s growth trajectory and quality through their role in making long term investments, job creation, innovation and better governance and professionalisation of Indian companies.
Home appliances maker Godrej Appliances is going to venture into small kitchen appliances space
The company’s business head Kamal Nandi said kitchen appliances products will be sold under the Godrej brand itself. The company has just ventured into air coolers and is now going to create a new channel of stores which sell air coolers and kitchen appliances.
Bajaj Auto formalises its partnership with Triumph Motorcycles, to introduce sub-Rs 2 lakh mid-size bikes by 2022
The models from the partnership will be available only under the Triumph brand and not Bajaj Auto. The duo will come out with a range of bikes under a new engine platform (200 cc to 750 cc engines). The new bikes will be produced at Bajaj Auto's factory in Chakan, Pune and it will shipped to all major markets around the world. With this partnership, Bajaj Auto is eventually take charge of Triumphs distribution in India as well.
Eight stocks where FIIs, MFs and promoters all turned bullish in Q3
These companies are yet to announce their December quarter earnings.
Anthill Ventures, AWS announce third edition of Merge
Merge 2020, in association with HSBC India, is an event focused on fostering co-innovation and collaboration between tech startups, blue chip corporates, and global investors in the ecosystem.
Shared mobility startup Bounce raises $105 mn in fresh funding
Bounce currently operates its dockless scooters in Bengaluru and Hyderabad with a fleet of 13, 000 and 2, 000 vehicles respectively. It's docked scooter rental service is available to commuters in over 35 cities.
RIL rolls back compulsory share swap of Reliance Retail; unlisted market cheers
Only 35 lakh equity shares of Reliance Retail are available in the unlisted market.
In a rocky startup world, candidates toss questions to interviewers
For sleep-solutions company Wakefit.co, the questions often are on layoffs - whether the company has ever handed out pink slips due to cost-cutting measures and/or change in direction, and if so, how they dealt with it.
New ventures help office-goers sail through commuting chaos
Startups focus on carpools, buses and corporate services to make ride to work peaceful.
Power Mech Projects bags orders worth Rs 351 crore
Power Mech Projects on Wednesday announced that it has bagged orders worth Rs 351 crore from state-owned Bharat Heavy Electricals Limited (BHEL) and Jaiprakash Power Ventures.
Wipro announces $150 million second venture fund
Buoyed by the success of its first $100 million fund launched in 2015, Wipro Ventures would continue to invest in early to mid-stage companies building innovative enterprise software solutions across key areas, including cybersecurity, application development, analytics, cloud infrastructure, test automation, and artificial intelligence, said the company.
Fiat Chrysler and Foxconn plan Chinese electric vehicle joint venture
Italian-American automaker Fiat Chrysler and the parent of iPhone assembler Foxconn are planning to set up a joint venture to build electric cars and develop internet-connected vehicles. Fiat Chrysler is looking to make up ground in the battery-powered vehicle space and is set to launch its first full-electric model - the 500 small car - this year.
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