New Delhi, Jan 19 (PTI) IndiGG, a part of Yield Guild Games (YGG), on Wednesday said it has raised USD 6 million (about Rs 44.7 crore) in funding from Sequoia Capital India, Lightspeed Venture Partners and others. The round also saw participation from Jump Capital, Variant Fund, Dune Ventures, Griffin Gaming Partners, Transcend Fund, Animoca [...]
Mumbai, Jan 19 (PTI) MatchLog, a container logistics optimisation platform, has raised USD 3 million (around Rs 22.3 crore) in a funding round from venture capital fund Blue Ashva Capital, Rainmatter Climate, and early-stage investor Capital-A. The capital raised in the pre-Series A round will be deployed to develop Matchlog's platform further for AI and [...]
New Delhi, Jan 19 (PTI) Proptech startup Reloy, which is a loyalty platform for homeowners, has raised Rs 5 crore from investors, including Inflection Point Ventures, to expand and grow its business. The strategic pre-Series A round was led by Inflection Point Ventures, Fawkes Fund, family office of Greenpanel & Greenlam, and 50+ prominent angels, [...]
Tata Motors on Wednesday forayed into the CNG segment with the launch of Tiago and Tigor trims in order to strengthen its position in the CNG market.The company’s iCNG range offers robust performance, a wide range of premium features, upmarket interiors and uncompromised safety.“We would be keen to have at least 30-35 per cent penetration [...]
New Delhi, Jan 19 (PTI) In a significant development, Hero Electric and Mahindra Group on Wednesday announced a strategic pact in the electric vehicle space. As part of the partnership, Mahindra Group will manufacture Hero Electric's most popular electric bikes -- Optima & NYX -- at their Pithampur plant, in Madhya Pradesh to meet the [...]
New Delhi, Jan 19 (PTI) Pet foods start-up Dogsee Chew on Wednesday said it has raised Rs 50 crore in Series A round from Mankind Pharma along with existing investor, Sixth Sense Ventures. The investment in the firm that offers 100 per cent vegetarian dog treats marks Mankind Pharma's entry into the pet food category, [...]
New Delhi, Jan 19 (PTI) Drug firm Lupin on Wednesday said it has inked a pact with Shenzhen Foncoo Pharmaceutical Co to sell products in China. This is the company's first partnership arrangement in China and reinforces drug maker's commitment to bringing high-quality generic and complex generic medicines to patients around the world, Lupin said [...]
New Delhi, Jan 19 (PTI) State-run non-banking financial firms -- Power Finance Corporation (PFC) and REC Ltd -- have reduced their lending rates across all types of loans by 40 basis points. PFC and REC Ltd have further reduced their lending rates across all types of loans by 40 Bps, a power ministry statement said. [...]
New Delhi, Jan 19 (PTI) Used two-wheeler buying and selling platform CredR on Wednesday said it will invest USD 15 million (around Rs 110 crore) in 2022-23 to expand its business. The Bengaluru-based firm plans to open 50 CredR showrooms for used two-wheelers in FY22-23 and over 100 showrooms by 2024, CredR said in a [...]
Hatching Hope: Accelerating Incomes Through Diversification builds on global backyard poultry initiative and previous program partnerships to challenge cultural norms and increase financial independence for women VIJAYAWADA, Andhra Pradesh, Jan. 19, 2022 /PRNewswire/ -- Today, Heifer International, Cargill and Walmart Foundation announced the expansion of Hatching Hope: Accelerating Incomes Through Diversification into India to improve [...]
