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<strong>Biotech startup String Bio raises $20mn in funding</strong>-thumnail

Biotech startup String Bio raises $20mn in funding

Products enabled by String’s platform range from protein ingredients for nutrition, to innovative crop inputs and products for biodegradable polymers. It has its first multi-purpose gas fermentation facility in Bengaluru

Industry

Jul 13, 2022

Spacetech firm Agnikul to raise $40mn in a Series B round of funding from HNI’s-thumnail

Spacetech firm Agnikul to raise $40mn in a Series B round of funding from HNI’s

The development comes on the heels of Agnikul setting up its rocket factory in Chennai to make end-to-end 3D printed engines. The spacetech firm is backed by high-profile tech investors

Investment & Funding

Jul 13, 2022

Plug and play model startup Wheelocity raises $12mn in funding-thumnail

Plug and play model startup Wheelocity raises $12mn in funding

The company said it can enable its customers to launch in new cities in less than a week through the help of its integrated network of collection centres, fulfilment and

Investment & Funding

Jul 13, 2022

VC firm Lightspeed raises a whopping $500 million for India and Southeast Asia-thumnail

VC firm Lightspeed raises a whopping $500 million for India and Southeast Asia

Lightspeed joins the list of a few fund houses that have raised funds in a slowing cycle for fundraising. The fourth fund from Lightspeed, which has been investing in India

Investment & Funding

Jul 13, 2022

Investment firm Nomura cuts India’s GDP growth forecast to 4.7% from earlier 5.4% projection-thumnail

Investment firm Nomura cuts India’s GDP growth forecast to 4.7% from earlier 5.4% projection

However, all is not lost. India’s economy, Nomura said, is racing above its pre-pandemic level, led by a sharp recovery in the services sector, and supported by the lagged effects

Finance

Jul 13, 2022

<strong>Deepika Padukone backed D2C startup Mokobara raises $6.5 mn in Series A funding.</strong>-thumnail

Deepika Padukone backed D2C startup Mokobara raises $6.5 mn in Series A funding.

Description-: Founded in 2019 by Sangeet Agarwal and Navin Parwal, the Bengaluru-based startup offers a host of luggages, travel bags, wallets, kits and sling bags on its online platform. Mokobara

Investment & Funding

Jul 13, 2022

PM Modi to inaugurate Sgx Nifty futures contract and IIBX in Gujrat on Friday-thumnail

PM Modi to inaugurate Sgx Nifty futures contract and IIBX in Gujrat on Friday

The government in the past few years has also slashed taxes at the GIFT city to compete with regional finance hubs like Singapore, Dubai, and Hong Kong.  Nifty futures contracts

Finance

Jul 12, 2022

<strong>Edelweiss Mutual Fund launches Focused Equity Fund</strong>-thumnail

Edelweiss Mutual Fund launches Focused Equity Fund

NEW DELHI: Edelweiss Asset Management Ltd. on Tuesday announced the launch of the Edelweiss Focused Equity Fund, a new fund offering (NFO) that will invest in 25–30 stocks across three

Finance

Jul 12, 2022

New Demat account opening stands at 1.79 million, lowest since February 2021-thumnail

New Demat account opening stands at 1.79 million, lowest since February 2021

Description-: In June, the Nifty Midcap 100 and the Nifty Smallcap 100 were down 25 percent and 35 percent, respectively, from their record highs. These indices have seen recovery since

Finance

Jul 12, 2022

<strong>Paytm’s loan disbursement business touches annualised runrate of  Rs. 24000 crore</strong>-thumnail

Paytm’s loan disbursement business touches annualised runrate of  Rs. 24000 crore

The company also reached its highest number of monthly transacting users (MTU) 76 million on its super app during the month of June. Paytm has said that the platform’s lending

Industry

Jul 11, 2022

Agritech startup Vegrow raises $25 million in Series B funding-thumnail

Agritech startup Vegrow raises $25 million in Series B funding

Vegrow offers a B2B tech platform for fruits and connects wholesalers and traders with farmers. The company claims to be currently present in 100 cities and said that it has

Industry

Jul 11, 2022

Startup funding fell by 40% between April and June according to the latest PwC report-thumnail

Startup funding fell by 40% between April and June according to the latest PwC report

According to a PwC India analysis, geopolitical unrest looks to be having an impact on Indian startups as total funding fell by 40% to $6.8 billion in the April-June period.

Industry

Jul 11, 2022


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