Fund Raising By Indian Companies
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Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition
Jetking CFO Siddharth Bharwani said the company would raise Rs. 6.6 crore by selling 4,28,622 equity shares in compliance with SEBI regulations. Some portion of the collection will also be utilised to initiate Bitcoin-related educational, training, and skill development programmes in India
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PhonePe Raises $350 Million In Latest Round Of Funding, Valued At $12 Billion
Walmart backed Indian digital payments app PhonePe has raised $350 million in a funding round led by private equity firm General Atlantic that valued the company at $12 billion.
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Bira 91 Raises $70 Million In Funding Round, Looks To Ramp Up Production
Indian craft beer maker Bira 91 has raised $70 million in a funding round led by Japanese beer company Kirin Holdings Co Ltd as it looks to ramp up production amid strong demand for the alcoholic beverage, the two companies said on Tuesday.
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Zepto Raises $200 Million in Fresh Funding, Company Now Valued at $900 Million
Indian grocery startup Zepto has reportedly raised $200 million (roughly Rs. 1530 crore) in fresh funding that values the company around $900 million, signalling growing investor interest in a sector where companies are luring customers with quick 10-minute deliveries.
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Recruitment Platform Expertia AI Raises $1.2 Million In Seed Funding
Virtual recruitment platform Expertia AI has raised $1.2 million in seed funding led by Chiratae Ventures and Endiya Partners
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Private Companies' Fund Raising Via Corporate Bonds Hits 6-Year Low In 2021-22
Fund raising by listed companies through private placement of corporate bonds plunged to a six-year low in 2021-22 to Rs 5.88 lakh crore
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India Inc Raises Over Rs 9 Lakh Crore Through Equity, Debt Issuances In 2021
Indian companies have mopped up more than Rs 9 lakh crore through equity and debt routes in 2021
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India's Latest Unicorn, "Slice", Based On Credit Cards For Young People
Indian fintech company Slice said on Monday it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners that valued the company at more than $1 billion.
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Meesho Indian 'Social Commerce' Platform Backed by Facebook Raises $570 Million
Meesho, an Indian ‘social commerce’ platform invested in by Facebook and Softbank, has raised $570 million (roughly Rs. 4,230 crores) in its latest funding round, the company has announced.
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Indian Startups 101: How Payment Gateway Instamojo Built a Business by Bringing Small Businesses Online
With startup culture thriving in India and the need for ‘going local’ becoming increasingly popular, we take a look at all the hottest tech startups grabbing headlines in the country. Gadgets 360 talks to Instamojo co-founder Akash Gehani to know of the company’s history, growth, and future plans. We also talk to experts to understand what th...
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Flipkart Said to Eye Overseas IPO as Early as 2021
Walmart-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company's plans told Reuters.
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Indian Companies Raise Record $31 Billion Equity Capital In Shrinking Economy
Banks have been the most active issuers, raising $13.68 billion, followed by the energy and power sector with $7.05 billion.
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Jio Platforms Gets Rs. 9,093.60 Crore Investment From Abu Dhabi's Mubadala Sovereign Investor
Reliance Industries said on Friday that Abu Dhabi state fund Mubadala Investment Company will buy a 1.85 percent stake in its digital unit, Jio Platforms, for Rs. 9,093.60 crores.
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Ather Energy Secures New Investment Of $51 Million In Latest Round Of Funding
Indian electric scooter start-up Ather Energy has raised an investment of $51 million in its latest round of funding. The new investment was led by Sachin Bansal's $32 million, and his second with the electric mobility company after coming on board as an angel investor with $0.5 million in 2014. In addition to Bansal, Hero MotoCorp has converted it...
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Ola Electric Mobility Unit Raises Rs. 400 Crores in First Funding Round
Ola Electric Mobility, a company backed by Indian ride-hailing platform Ola, said on Friday it raised Rs. 400 crores (roughly $56.4 million).
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Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition
Jetking CFO Siddharth Bharwani said the company would raise Rs. 6.6 crore by selling 4,28,622 equity shares in compliance with SEBI regulations. Some portion of the collection will also be utilised to initiate Bitcoin-related educational, training, and skill development programmes in India
-
PhonePe Raises $350 Million In Latest Round Of Funding, Valued At $12 Billion
Walmart backed Indian digital payments app PhonePe has raised $350 million in a funding round led by private equity firm General Atlantic that valued the company at $12 billion.
-
Bira 91 Raises $70 Million In Funding Round, Looks To Ramp Up Production
Indian craft beer maker Bira 91 has raised $70 million in a funding round led by Japanese beer company Kirin Holdings Co Ltd as it looks to ramp up production amid strong demand for the alcoholic beverage, the two companies said on Tuesday.
-
Zepto Raises $200 Million in Fresh Funding, Company Now Valued at $900 Million
Indian grocery startup Zepto has reportedly raised $200 million (roughly Rs. 1530 crore) in fresh funding that values the company around $900 million, signalling growing investor interest in a sector where companies are luring customers with quick 10-minute deliveries.
-
Recruitment Platform Expertia AI Raises $1.2 Million In Seed Funding
Virtual recruitment platform Expertia AI has raised $1.2 million in seed funding led by Chiratae Ventures and Endiya Partners
-
Private Companies' Fund Raising Via Corporate Bonds Hits 6-Year Low In 2021-22
Fund raising by listed companies through private placement of corporate bonds plunged to a six-year low in 2021-22 to Rs 5.88 lakh crore
-
India Inc Raises Over Rs 9 Lakh Crore Through Equity, Debt Issuances In 2021
Indian companies have mopped up more than Rs 9 lakh crore through equity and debt routes in 2021
-
India's Latest Unicorn, "Slice", Based On Credit Cards For Young People
Indian fintech company Slice said on Monday it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners that valued the company at more than $1 billion.
-
Meesho Indian 'Social Commerce' Platform Backed by Facebook Raises $570 Million
Meesho, an Indian ‘social commerce’ platform invested in by Facebook and Softbank, has raised $570 million (roughly Rs. 4,230 crores) in its latest funding round, the company has announced.
-
Indian Startups 101: How Payment Gateway Instamojo Built a Business by Bringing Small Businesses Online
With startup culture thriving in India and the need for ‘going local’ becoming increasingly popular, we take a look at all the hottest tech startups grabbing headlines in the country. Gadgets 360 talks to Instamojo co-founder Akash Gehani to know of the company’s history, growth, and future plans. We also talk to experts to understand what th...
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Flipkart Said to Eye Overseas IPO as Early as 2021
Walmart-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company's plans told Reuters.
-
Indian Companies Raise Record $31 Billion Equity Capital In Shrinking Economy
Banks have been the most active issuers, raising $13.68 billion, followed by the energy and power sector with $7.05 billion.
-
Jio Platforms Gets Rs. 9,093.60 Crore Investment From Abu Dhabi's Mubadala Sovereign Investor
Reliance Industries said on Friday that Abu Dhabi state fund Mubadala Investment Company will buy a 1.85 percent stake in its digital unit, Jio Platforms, for Rs. 9,093.60 crores.
-
Ather Energy Secures New Investment Of $51 Million In Latest Round Of Funding
Indian electric scooter start-up Ather Energy has raised an investment of $51 million in its latest round of funding. The new investment was led by Sachin Bansal's $32 million, and his second with the electric mobility company after coming on board as an angel investor with $0.5 million in 2014. In addition to Bansal, Hero MotoCorp has converted it...
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Ola Electric Mobility Unit Raises Rs. 400 Crores in First Funding Round
Ola Electric Mobility, a company backed by Indian ride-hailing platform Ola, said on Friday it raised Rs. 400 crores (roughly $56.4 million).
