SUMMARY OneCard has secured INR 71.4 Cr ($8.5 Mn) as a part of its bigger funding spherical US-based enterprise capital (VC) agency Higher Tomorrow Ventures (BTV), Peak XV and Z47 (erstwhile Matrix Companions) might be subscribing to the shares Throughout OneCard’s board assembly on November 18, its board of administrators permitted the difficulty of the Collection D2 CCPS at a face worth of INR 30 and a premium of INR 33,198.35 Fintech startup OneCard has secured INR 71.4 Cr ($8.5 Mn) as a part of its bigger funding spherical by way of which it goals to lift INR 239.4 Cr…
Author: DF Manager
The Chennai-based spacetech agency created historical past on Could 30 by launching the world’s first small-lift automobile, Agnibaan, utilizing a 3D-printed rocket engine. SynopsisIt took simply 6.5 years for Chennai startup Agnikul Cosmos to make use of a rocket with a 3D-printed engine. It guarantees to revolutionise spacetech.The countdown to an area launch simply acquired shorter. Corporations seeking to deploy their satellites wouldn’t have to attend for weeks to get a slot on a rocket if Agnikul Cosmos has its means.The Chennai-based spacetech agency created historical past on Could 30 by launching the world’s first small-lift automobile, Agnibaan, utilizing a…
Truliv, a co-living startup headquartered in Tamil Nadu, has ventures within the expertise capital of India with its first tasks within the Bengaluru market, particularly concentrating on micro-markets in and round Hebbal and Whitefield. The corporate is implementing a cluster-based enlargement technique in Bengaluru, aiming for an preliminary providing of 1,000 beds as a part of its portfolio enlargement.Over the subsequent 18 months, Truliv plans so as to add 1,500 extra beds, bringing its whole capability within the metropolis to 2,500. “Our progress technique focuses on a cluster-based mannequin, enabling us to determine thriving communities in key enterprise districts whereas…
Whereas inventory markets intimidate risk-averse buyers, those with a high-risk urge for food can’t get sufficient of the joys. Nicely, risk-averse or not, there’s nothing just like the euphoria when a guess pays off. Nonetheless, even probably the most adept inventory market buyers have been as soon as learners and uncovered to poorly researched ideas and shallow suggestions to outlive the brutal inventory market volatilities. It’s this white house that Mumbai-based Devansh Mehta determined to fill and constructed OpiGo, a platform to find and share new inventory concepts, in 2022. OpiGo is a tech platform that gives inventory suggestions from…
Accenture participated in Cresta’s $125 million Sequence D funding spherical. This spherical was led by new buyers World Innovation Lab (WiL) and QIA, with participation from different notable buyers like EnvisionX Capital, LG Expertise Ventures, Qualcomm Ventures, and Workday Ventures.Returning buyers included Andreessen Horowitz, Greylock Companions, J.P. Morgan, Sequoia Capital, and Tiger World. This funding is a part of Accenture’s technique to combine Cresta’s AI capabilities into its AI Refinery™ platform, which helps shoppers construct customized AI fashions tailor-made to their distinctive enterprise wants. Cresta’s options combine with present methods, each on-premise and within the cloud, enabling seamless AI-driven enterprise…
#Validate, #Pitch & #Community Are you a #founder searching for #funding?Are you a founder trying to validate your concept / enterprise?Are you an #Investor searching for promising founders to speculate? #RacetoFunds #Bangalore is the place so that you can be. Key ActionsValidate – As founders, we face quite a few questions on a regular basis. We glance in the direction of mentors to reply our questions and present us the suitable path to maneuver ahead? Get your concept / Technique / enterprise validated with our consultants on board. Pitch – No enterprise can transfer even a single step with out…
SUMMARY Round 99.79% of the shareholders voted in favour of the decision. This comes after the corporate final month issued a discover of a postal poll in search of approval of Zomato’s shareholders In addition to this, stakeholders additionally accredited the implementation of a number of ESOPs (2018, 2021, 2022, and 2024) and curiosity free loans to the Foodie Bay Staff ESOP Belief Foodtech main Zomato has acquired approval from its shareholders to boost INR 8,500 Cr (round $1 Bn) by a certified institutional placement (QIP), a month after getting the nod from the board. Round 99.79% of the shareholders…
With an goal to empower artists and remodel the Indian music scene, Vibe Music has unveiled its new brand, Based by Ketan Parekh and Virral Motanni, Vibe Music goals to carry a recent perspective to the music trade.In line with a press release, Vibe Music’s purpose is to be a supply of innovation, providing a energetic platform for each new and established artists. With a give attention to selection, creativity, and high quality, Vibe Music guarantees a singular musical expertise. Other than the brand launch, Vibe Music additionally launched its new tune, “Navkar Mantra.”Parekh, sharing his insights and love for…
In a survey carried out by life-style specialists, it’s discovered that the cosmetics business has been grown by 60% within the final 5 years in India. With this, there was a rise within the parlour or salon business too by 35%. It’s a booming enterprise and attracts clients of most age teams whether or not it’s males or girls. When you have abilities and information and if you will begin a magnificence parlour enterprise then it’s a good suggestion you’ll be able to earn nicely from a magnificence parlour.A report by a number one life-style journal tells that within…
India’s antitrust physique has turned down a request from Apple to place a maintain on an investigation report which discovered the corporate breached competitors legal guidelines, permitting the case to proceed, an inner order from the regulator seen by Reuters confirmed. The Competitors Fee of India (CCI) in August ordered a recall of investigation stories after Apple stated the watchdog had disclosed industrial secrets and techniques to opponents within the case courting again to 2021, together with Tinder-owner Match. These components ought to have been redacted. The CCI had requested events to return the stories and destroy any copies. The…