News and Trends: Page 3
RPSG Capital Ventures Reaches INR 550 Cr with Second Fund Final Close
The Gurugram-based platform has already made investments through Fund II in the following businesses: food and drink brands Rabitat and Headway; oral care brand Perfora; and pet care platform Supertails.
Avaada Energy Closes INR 315 Cr Financing For Captive Solar Project In Karnataka
This financing from AIFL, sanctioned as a 21-year project loan facility obtained on very competitive terms, demonstrates Avaada's derisked project development strategy and strong project financing capability.
We Learnt About ChatGPT Launch on X: Ex-OpenAI Board Member
Helen Toner also shared how Sam Altman made it difficult for the board to do their job
Marwari Catalysts Rolls Out INR 100 Cr AIF CAT 1 Fund for Startups
The Jodhpur-based fund is aiming to support 300 startups across a diverse range of industries, including fintech, sportstech and gaming, D2C, defensetech, biotech, climate change, healthcare, and supply chain logistics, among others.
Agnikul Advances Space Tech with Agnibaan's 3D-Printed Rocket Engine
The main goals of this mission are to act as a test flight, showcase in-house and domestic technology, collect vital flight data, and guarantee optimal system performance for Agnikul's orbital launch vehicle, the "Agnibaan."
Ethnic Fashion Brand Libas Gains INR 150 Cr Maiden Funding from ICICI Venture's Fund
The fresh capital is expected to help build omnichannel presence for Libas, strengthen its current digital leadership position, and accelerate offline expansion across geographies with a focus on exclusive brand retail outlets.
Jaipur Watch Company Garners INR 20 Mn for Luxury Manufacturing Push
The company aims to deploy the raised funds to establish a dedicated gold watch manufacturing unit, expand its product line with innovative designs, enhance marketing efforts, and invest in advanced technology and skilled artisans to improve production efficiency.
Sorin Investments Announces INR 1,350 Cr Early-Stage Maiden Fund Closure
The Mumbai-based VC firm is aiming to invest in startups looking to raise Series A and B funding across tech and tech-enabled business sectors.
Turno Bags USD 6 Mn in Series A Extension Round from BII and Others
The Bengaluru-based EV segment focused Turno aims to deploy the raised capital for market expansion and build on its battery technology platform.
Avendus Launches Future Leaders Fund III with a Target AUM of USD 350 Mn
The Mumbai-based fund plans to make 10–12 investments with an average allocation of INR 200–300 crore per investment, targeting sectors such as financial services, consumption, digital and technology, healthcare, and manufacturing.
BlackRock's ETF Becomes Largest Bitcoin Fund in World; Overtakes Grayscale
On January 11, the total volume was over USD 4.6 billion, with GBTC comprising about half of it at USD 2.33 billion. IBIT ranked second with USD 1.03 billion, while FBTC stood third with USD 712 million
du And Gracia Group Announce First-Of-Its-Kind Innovative Agritech Digital Platform For Agriculture And Farming In The UAE
The partnership between the entities was announced at a signing ceremony that was attended by H.E. Dr. Amna Al Dahak, UAE Minister of Climate Change and the Environment, Jasim Al Awadi, Chief ICT Officer at du, and Hamed Al Hamed, founder and CEO of Gracia Group.
Nominations Now Open For This Year's Sustainability Innovation Awards Happening On August 30, 2024 In Dubai
The Sustainability Innovation Awards in the Middle East serve as powerful catalysts for recognizing and promoting innovative initiatives that contribute to environmental stewardship, social responsibility, and economic development in the region.
Gatorade Capitalizes on '90s 'Is It In You?' Nostalgia With New Ad Campaign
The company's latest commercial features Michael Jordan, Caitlin Clark, and Jason Tatum.
This Is the Winning Formula for Starting a Successful Podcast, According to a New Analysis
A new study analyzed the top 50 podcasts in the U.S. and found many things in common. Here's what to know.