Indian Startups Raise Over $447 Million in Funding: Highlights from Last Week
Among these, nine deals were classified as growth-stage, while 11 were considered early-stage, with two transactions kept undisclosed, as highlighted in the report.
Maruti Suzuki Ventures into AI Realm with Investment in Amlgo Labs
With a substantial investment exceeding Rs 1.99 crore, Maruti Suzuki secures a significant equity stake of over 6.44 percent in this innovative venture.
India's Private Equity Landscape Shows Persistent Growth: Report Findings
Shanthi Vijetha, Partner, Growth at Grant Thornton Bharat, commented on the stability observed in India's deal market amidst global turbulence. While M&A activity experienced a notable decline in value, PE investments continued their upward trajectory, albeit with reduced figures. Looking ahead, despite short-term volatility, Vijetha expressed optimism in India's strong fundamentals and economic recovery, which are expected to bolster investor confidence.
IndiGo Co-Founder Rakesh Gangwal's 5.83% Stake Sale Fetches Rs 6,785 Crore
This decision to reduce his shareholding was initially announced back in February 2022, following a contentious dispute with fellow co-founder Rahul Bhatia concerning perceived corporate governance issues within the company.
Zeno Health Secures $25 Million in Funding for Healthtech Innovation
The funding infusion is earmarked to bolster Zeno Health's outreach efforts, expand its market presence, and fortify its technological infrastructure. Siddharth Gadia, CEO and Co-founder of Zeno Health, reiterated the company's commitment to reaching and serving 1 crore consumers monthly, with the ambitious goal of slashing healthcare expenditure by 50 percent.
Anupam Mittal's Jab at Ashneer Grover: 'The Shark Who Lost His Bite
At 'The Rage Room,' individuals are provided with a safe and controlled environment to release their stress and frustration through controlled destruction, offering a therapeutic outlet for emotional release.
Shark Tank India Season 3: D'chica Secures Rs 80 Lakh Deal for Puberty Essentials Targeting Teen Girls
Taking the stage to propel D’chica to greater heights of success, its co-founders, Richa Kapila and Vani Chugh, hailing from Delhi, made their debut on the business reality show.
TCPL Announces Acquisition of Capital Foods and Organic India; Joint Valuation Reaches Rs 7,000 Crores
TCPL, a Tata Group company, will acquire 100% equity shares of Capital Foods, known for brands like Ching’s Secret and Smith & Jones, at an enterprise valuation of Rs 5,100 crore.
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