Entrepreneur Staff: Page 15
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Mumbai Becomes Asia's Billionaire Capital; Mukesh Ambani Tops India's List
Hurun India reported on March 26 that 94 new Indians have joined the global billionaires list, bringing the total number of billionaires in the nation to 271 with a combined USD 1 trillion worth.
Nikhil Kamath, The Gauri Khan Family Trust, John Abraham Invest USD 10 Mn in Specialty Coffee Brand Subko
With the money raised, the Mumbai-based startup hopes to expand its talent pool, create tech-enabled customer experiences, support R&D for products and designs, upgrade farm-level infrastructure for premium cacao beans and specialty green coffee, and introduce new "ready to drink" coffee products.
JustDeliveries Raises USD 1 Mn from NABVENTURES Fund, FAAD Network, and Other
With the raised funds, the Mumbai-based platform hopes to establish operations in Hyderabad and expand its logistical networks to Bangalore, Mumbai, Pune, and the National Capital Region.
Ambit Finvest Raises INR 415 Cr in Partnership with Daiwa Through a Minority Stake
With this move, the mumbai-based company Ambit and Daiwa aim to seize the growth opportunities in the expanding Indian NBFC sector to contribute to the acceleration of financial inclusion.
Subko Coffee Roasters Secures USD 10 Mn in Series B Funding, led by NKSquared
The round also saw participation from Blume Ventures and Progressive LLP besides Subko's existing investors.
SEBI Asks Fund Houses To Stop Inflows in Overseas ETFs
The limit to invest in overseas ETFs by mutual funds is $1 billion, which is now close to being breached
