News and Trends: Page 9
The Young Entrepreneurs Association (YEA) and Magnifiq Capital Trust Launch INR 500 Mn Fund for Indian Startups
The initiative aims to empower nascent startups, building on YEA's commitment to upscaling and mentoring young entrepreneurs.
Cross-border Payments Platform BRISKPE and Customer loyalty Startup Reelo Secure Early-Stage Funding
The Indian startups listed below have disclosed their initial financing rounds.
$12 Trillion Needed To Triple Global Renewable Energy Capacity By 2030: COP28 President
This agreement aimed to ramp up renewable energy deployment and bolster energy efficiency measures to curb the rise in global temperatures to 1.5 degrees Celsius.
AdaniConneX Secures USD 1.44 Bn from 8 Global Banks to Build Data Centers
With this funding, AdaniConneX's construction financing pool rises to USD 1.65 billion, adding to an earlier facility of USD 213 million as of June 2023.
Apollo HealthCo Raises INR 2,475 Cr from Advent International
Under the terms of the deal, Apollo HealthCo Ltd would integrate 100% of its wholesale pharmaceuticals distributor firm Keimed Pvt Ltd with Advent International over the next 24 to 30 months.
PremjiInvest to Bet an Additional USD 10B In AI Companies
Earlier this month, the entity was reported to be eyeing a USD 50B-70B investment in the Australian graphic design platform, Canva. It previously co-led an investment round of USD 53 million in a Series A funding round for Hippocratic AI, a healthcare-focused AI startup
The Ministry of Finance Granted AEO Status to the Gem and Jewellery Sector
This status allows for more efficient export-import processes, quicker cargo release periods, 50% lower bank guarantees than non-AEO firms, and quicker processing of customs, central excise, and service tax cases.
ePayLater: A SMB Partner
ePayLater is an embedded credit facility that allows retailers and wholesalers a way to access working capital finance at zero cost.
6 Lessons I Learnt In My First Startup Venture
At his earlier role at Rover, he gained some invaluable and insightful lessons that became quite useful at running his current AI venture- Turing
Unleashing the Fintech Powerhouse: How Businesses Shape the Future of Finance
Monezium.io — Unleashing the Fintech Giant with Which Business Shapes the Future of Finance
Q4 Results: An Analysis of How These Four Banks Fared this Quarter
With the falling NIM (Net Interest Margin), several banks are facing challenges with market experts expecting weak numbers from most
OpenAI Startup Fund Raises USD 15 Million to Invest in Early-stage Startups
Its early investments made in 2022 include startups such as Descript, Harvey AI, Mem, and Speak. According to PitchBook data, it has invested in at least 16 startups
Google's Parent Company, Alphabet, Joins the USD 2 Trillion M-cap Club
The California-based tech conglomerate closed for the week having an M-cap of USD 2.15 trillion, making it the fourth most-valued company worldwide
When is Blockchain Adoption Right? Industry Players Share Views
By 2030, the blockchain technology market is projected to reach an impressive value of USD 137.8 billion
Financial Empowerer
The AI Point-of-Sale (PoS) solution caters to traders, leveraging artificial intelligence to streamline transactions, analyze customer behaviour, and drive business growth through features like inventory management and sales analytics.