Finance & Funding

Beyond Snack will deploy the new fund infusion to accelerate its expansion and drive further innovation in the snacks marketBengaluru: Banana chips brand Beyond Snack has secured an investment of $3.5 million from Nabventures Fund, a venture growth equity...

Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of businessNew Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...

MakeMyTrip Group VP -Taxation said, GST officials should enquire with head offices with regard to virtual offices before categorizing the state registration as a fake entity New Delhi: The pan-India drive against fake GST registration has created problems for e-commerce companies...

The funding will be utilised to expand French Crown’s international presence Bengaluru: Gujarat-based fast-fashion brand French Crown has raised Rs. 8.6 crore over multiple tranches from a financial technology firm Velocity, the retailer said in a press release. The funding will...

Drools, which makes food for cats and dogs, has almost quadrupled its revenue over the past three years by building an omnichannel pan-India pet food businessMumbai: Drools Pet Food on Tuesday said it has received funding of around $60...

WOLP Fund 2 was launched in March and aims to raise a corpus of Rs 2,000 crore, including a green-shoe option of Rs 1,000 croreMumbai: Welspun One Logistics Parks (WOLP) on Monday said it has successfully concluded the initial...

The funds will be used to drive Pando’s growth across geographies and industriesBengaluru: Supply chain software startup Pando has raised $30 million in a Series B funding round bringing total capital raised so far to $45 million, the company said...

Funds will be utilised to acquire long-term licenses of international fashion and lifestyle brands and expand the company’s proprietary technology stack  Bengaluru: E-commerce solution provider Ace Turtle has raised $34 million (Rs 293 Crore) as part of its Series B funding,...

Through this investment, L'Oreal will support early-stage entrepreneurs building the next generation of insurgent consumer businesses acrospti the beauty value chainNew Delhi: French cosmetic major L'Oreal on Tuesday announced a strategic investment in DSG Consumer Partners IV, the fourth...

The MoU was signed with High Glory Footwear, a subsidiary of Taiwan-based Pou Chen Corporation, "the world's largest branded footwear manufacturer," in the presence of Chief Minister M K StalinChennai: The Tamil Nadu government on Monday signed a memorandum...

The fund raised will be used for technology development, hiring, marketing and expansion plans Bengaluru: E-commerce platform Direct2U has raised Rs.1.8 crore in a seed round led by Inflection Point Ventures (IPV), announced the company in a press release on Friday....

Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal (NCLT) has extended the deadline to July 15, 2023, for concluding the CIRP of FRLNew Delhi: The NCLT has granted Future Retail Ltd (FRL) an extension of...

The CIRP was initiated against FRL by NCLT on July 20, 2022, following loan defaultNew Delhi: Lenders of debt-ridden Future Retail Ltd (FRL) has sought an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of...

The company has already registered a trust with the market regulator Securities and Exchange Board of India (Sebi) in February this yearNew Delhi: Reliance Industries Ltd (RIL) has started the process to set up an infrastructure investment trust (InvIT),...