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Stader Labs nets $12.5 mln led by Three Arrows Capital, others

Mumbai, Jan 20 (PTI) Stader Labs has raised USD 12.5 million (over Rs 92 crore) in a strategic private sale that values the company at up to USD 450 million. The Bengaluru-based startup is a non-custodial, smart contract-based staking platform that helps retail and institutions discover and access staking solutions, which can be leveraged for [...]

Walmart invites Indian sellers to join its US marketplace

New Delhi, Jan 20 (PTI) Retail giant Walmart on Thursday said it is inviting select Indian sellers to join Walmart Marketplace, a curated sellers community that serves more than 120 million US shoppers each month. India is already one of the top sourcing markets for Walmart and the retail major has set an ambitious goal [...]

Business briefs

*NTT appoints Avinash Joshi as India CEO; Sharad Sanghi elevated as MD of NTT Group India Mumbai, Jan 20 (PTI) Japanese technology major NTT has appointed Avinash Joshi as its India chief executive and elevated the incumbent Sharad Sanghi as the group managing director of NTT India.Joshi will be responsible for end-to-end go-to-market, sales, delivery, [...]

Business briefs

*KFin Technologies launches its new brand identity       New Delhi, Jan 20 (PTI) KFin Technologies, a leading SaaS company, on Thursday announced the launch of its new corporate brand identity.     The new brand identity has been indigenously designed to symbolise KFintech's transformation and evolution as a company with foundational tenets of trust, technology [...]

Insider trading: Former independent director of UFO Moviez India pays Rs 21 lakh to settle case with Sebi

New Delhi, Jan 20 (PTI) A former independent director of UFO Moviez India Ltd on Thursday settled a case of alleged insider trading with markets regulator Sebi by paying over Rs 21 lakh. The amount includes settlement charges, disgorgement of illegal gains and interest amount. S Madhavan was alleged to have traded in the scrip [...]

Business highlights

New Delhi, Jan 20 (PTI) Following are the top business stories at 2100 hours: DEL65 BIZ-VIRUS-SPUTNIK-OMICRON Two doses of Sputnik provide two times higher antibodies against Omicron than Pfizer vaccine: Study New Delhi: A study has found that two doses of Sputnik V provide two times higher virus neutralising antibodies against the Omicron variant of [...]

AGS Transact Technologies IPO gets 1.42 times subscription on second day of offer

New Delhi, Jan 20 (PTI) The initial public offering of AGS Transact Technologies got subscribed 1.42 times on Thursday, the second day of the offer. This is the first Initial Public Offering (IPO) in 2022. The categories for Retail Individual Investors (RIIs) and for Non Institutional Investors have been oversubscribed. The payment solutions provider has [...]
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