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WazirX Tells Creditors to Approve Restructuring Scheme or Wait Till 2030 for Refunds
WazirX said if a majority of creditors vote against the scheme, they could have to wait for up to five years to get compensated for the funds they lost in the July 2024 hack. A company spokesperson told Gadgets 360 that the exchange plans to start the voting process by the end of February or early March.
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US Space Startup Firefly Aerospace Valued At Over $2 Billion In Latest Funding Round
Firefly Aerospace has raised $175 million in a late-stage funding round led by RPM Ventures, valuing the space startup at more than $2 billion, it said on Tuesday.
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Ayodhya Mosque Construction Not Yet Started Due To Lack Of Funds
Despite the verdict of the Supreme Court awarding land for the construction of a mosque in Ayodhya, the construction work has not yet begun due to lack of funds, said Indo-Islamic Cultural Foundation (IICF) secretary Athar Hussain on Thursday.
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Funding Crunch Worsens At Once Booming Indian Startups
A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon with stretched valuations and faltering consumption growth, likely laying the ground for industry consolidation.
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Maharashtra Minister Compared To Jyotiba Phule, Months After Ink Attack
Chandrakant Pati had kicked up a row by commenting that B R Ambedkar and Jyotiba Phule did not seek government grants for running educational institutions, but they "begged" people to gather funds for starting schools and colleges.
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Snap Sounds Creator Fund With Monthly Grants of Up to Rs. 40 Lakh for Emerging Artists in India Announced
Snap has announced the launch of its Snapchat Sounds Creator Fund in India. The company states that it will offer grants to support emerging artists in the country. The American messaging platform has said that grants of up to $50,000 (roughly Rs. 41 lakh) per month will be provided to upcoming artists in India who are distributing music on Snapcha...
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Italy's Government to Provide Subsidies of Up to $46 Million for Blockchain Companies
The Ministry of Economic Development of Italy has announced that certain blockchain projects will qualify to apply for up to $46 million (roughly Rs. 364 crore) in government subsidies starting from September.
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Zomato Agent Rides Bicycle In Heat, Twitter Raises Funds To Buy Him A Bike
A Zomato delivery agent was spotted making deliveries on his bike in the scorching summer heat. Twitter users stepped up to raise funds and buy him a bike.
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Agritech Startup Krishify Raises $3.5 Million For Business Expansion
Agritech startup Krishify said on Tuesday, it had raised a further $3.5 million from investors for business expansion across the country.
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Government To Create Start-Up Equity Fund With 20% Limited Stake
To provide additional capital support to entrepreneurs across the country, government will create an equity fund for start-ups
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President Joe Biden Touts 'American Manufacturing Comeback,' Announces Tennessee EV Charger Plant
US President Joe Biden announced that an Australian company that makes chargers for electric vehicles will build a manufacturing facility in Tennessee, while reiterating his commitment to turn the US government's fleet of cars electric.
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BRO To Start Collecting Toll From Civilians In Ladakh
BRO will now start collecting tolls from civilians at 4 key locations in Ladakh and the fund will be primarily used for the maintenance work.
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$3.5 Billion Housing Fund Set Up By PM Modi Starts to Pay Off
A 250-billion-rupee ($3.5 billion) fund set up by India's government to complete stalled housing projects is set to deliver its first finished apartments in 2021, offering a template for a problem that has washed out savings of thousands of home buyers and bankrupted developers.
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IIT Madras Startup To Launch Wrist Band For Detecting COVID Symptoms
A wearable wrist tracker to detect COVID-19 symptoms at an early stage will be available in the market next month with its developer, a IIT Madras incubated start up, raising a funding of Rs 22 crore for the purpose.
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Coronavirus: Indian Women's Hockey Team To Launch 18-day Fun Fitness Challenge To Raise Funds
Indian women's hockey team will launch an 18-day fun fitness challenge starting today to raise funds towards helping the poor and migrant families.
-
WazirX Tells Creditors to Approve Restructuring Scheme or Wait Till 2030 for Refunds
WazirX said if a majority of creditors vote against the scheme, they could have to wait for up to five years to get compensated for the funds they lost in the July 2024 hack. A company spokesperson told Gadgets 360 that the exchange plans to start the voting process by the end of February or early March.
-
US Space Startup Firefly Aerospace Valued At Over $2 Billion In Latest Funding Round
Firefly Aerospace has raised $175 million in a late-stage funding round led by RPM Ventures, valuing the space startup at more than $2 billion, it said on Tuesday.
-
Ayodhya Mosque Construction Not Yet Started Due To Lack Of Funds
Despite the verdict of the Supreme Court awarding land for the construction of a mosque in Ayodhya, the construction work has not yet begun due to lack of funds, said Indo-Islamic Cultural Foundation (IICF) secretary Athar Hussain on Thursday.
-
Funding Crunch Worsens At Once Booming Indian Startups
A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon with stretched valuations and faltering consumption growth, likely laying the ground for industry consolidation.
-
Maharashtra Minister Compared To Jyotiba Phule, Months After Ink Attack
Chandrakant Pati had kicked up a row by commenting that B R Ambedkar and Jyotiba Phule did not seek government grants for running educational institutions, but they "begged" people to gather funds for starting schools and colleges.
-
Snap Sounds Creator Fund With Monthly Grants of Up to Rs. 40 Lakh for Emerging Artists in India Announced
Snap has announced the launch of its Snapchat Sounds Creator Fund in India. The company states that it will offer grants to support emerging artists in the country. The American messaging platform has said that grants of up to $50,000 (roughly Rs. 41 lakh) per month will be provided to upcoming artists in India who are distributing music on Snapcha...
-
Italy's Government to Provide Subsidies of Up to $46 Million for Blockchain Companies
The Ministry of Economic Development of Italy has announced that certain blockchain projects will qualify to apply for up to $46 million (roughly Rs. 364 crore) in government subsidies starting from September.
-
Zomato Agent Rides Bicycle In Heat, Twitter Raises Funds To Buy Him A Bike
A Zomato delivery agent was spotted making deliveries on his bike in the scorching summer heat. Twitter users stepped up to raise funds and buy him a bike.
-
Agritech Startup Krishify Raises $3.5 Million For Business Expansion
Agritech startup Krishify said on Tuesday, it had raised a further $3.5 million from investors for business expansion across the country.
-
Government To Create Start-Up Equity Fund With 20% Limited Stake
To provide additional capital support to entrepreneurs across the country, government will create an equity fund for start-ups
-
President Joe Biden Touts 'American Manufacturing Comeback,' Announces Tennessee EV Charger Plant
US President Joe Biden announced that an Australian company that makes chargers for electric vehicles will build a manufacturing facility in Tennessee, while reiterating his commitment to turn the US government's fleet of cars electric.
-
BRO To Start Collecting Toll From Civilians In Ladakh
BRO will now start collecting tolls from civilians at 4 key locations in Ladakh and the fund will be primarily used for the maintenance work.
-
$3.5 Billion Housing Fund Set Up By PM Modi Starts to Pay Off
A 250-billion-rupee ($3.5 billion) fund set up by India's government to complete stalled housing projects is set to deliver its first finished apartments in 2021, offering a template for a problem that has washed out savings of thousands of home buyers and bankrupted developers.
-
IIT Madras Startup To Launch Wrist Band For Detecting COVID Symptoms
A wearable wrist tracker to detect COVID-19 symptoms at an early stage will be available in the market next month with its developer, a IIT Madras incubated start up, raising a funding of Rs 22 crore for the purpose.
-
Coronavirus: Indian Women's Hockey Team To Launch 18-day Fun Fitness Challenge To Raise Funds
Indian women's hockey team will launch an 18-day fun fitness challenge starting today to raise funds towards helping the poor and migrant families.
