Finance and funding

Swiss-Asia through its affiliate Griffin Growth Fund VCC sold the shares of ABFRL on the NSENew Delhi: Financial services company Swiss-Asia Holding Pte on Wednesday offloaded its entire 1.03 per cent stake in Aditya Birla Fashion and Retail Ltd...

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...

The latest funding has earned the Web3, AI startup a unicorn status, making ZYBER 365 the 109th unicorn in India's vibrant start-up ecosystemNew Delhi: AI Start-up ZYBER 365 has secured $100 million (around Rs 818.7 crore) in Series A...

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...

US-based Sequoia Capital through its affiliate Sequoia Capital India Investments IV offloaded the shares in Go Fashion (India)New Delhi: Venture capital company Sequoia Capital on Monday divested its entire 10.18 per cent stake in Go Fashion for Rs 625...

The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of startups with the finance ministryNew Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of...

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 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....

The Gurugram-based firm plans to use the funds to fuel its ongoing transition into a global business with significant operations in the USA, Gulf, and EuropeNew Delhi: B2B e-commerce startup Fashinza, which focuses on global fashion supply chains, has...

With this tranche, the company has raised a total of $650 million (around Rs 5,360 crore) from several global investorsNew Delhi: PhonePe, one of India's largest fintech platforms, on Friday said it has raised an additional $200 million (around...