Finance

Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Gemba Capital to announce closure of maiden fund, likely touch $13 mn mark

Finance

09 May, 2022

Gemba Capital to announce closure of maiden fund, likely touch $13 mn mark

Micro venture fund Gemba Capital Monday announced the initial closing of its maiden $10 million fund (around Rs 75 crore), ......

Finance

09 May, 2022

Market starts week on a weak note, Rupee hits record low

Indian shares extended losses and the rupee fell to an all-time low on Monday, after broader Asian stocks declined on ......

Finance

09 May, 2022

9Unicorns marks fifth close of its first fund at $100 mn

Venture fund 9Unicorns, set up by incubator and accelerator Venture Catalysts, announced the fifth closure of its maiden $100...

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Finance

09 May, 2022

Mid-stage investor Fundamentum plans bets on Web3, EV from new fund

Fundamentum Partnership, floated by Infosys co-founder Nandan Nilekani and Helion Ventures co-founder Sanjeev Aggarwal, is...

Finance

06 May, 2022

Investors jittery after surprise rate hike, markets see worst week in 5 months

The markets closed over 1% lower Friday and registered their worst week since November, as investors fretted that fast-paced interest...

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Finance

06 May, 2022

Companies raise $677 mn this week; neobank Open turns unicorn

Indian startups raised $677 million (Rs 5,205 crore) from venture capital and private equity entities this week compared to $766...

Finance

06 May, 2022

RBI's surprise rate hike was because of feared 'shocker' inflation figure: Sources

The Reserve Bank of India (RBI) unexpectedly hiked its key interest rate on Wednesday because it feared a "shocker"...

Finance

05 May, 2022

LIC's shares subscribed 100% on second day of IPO

The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - reached the milestone...

Finance

05 May, 2022

Startup investment bank JPIN launches two strategic funds, $20 mn for India fund

Global startup investment bank, JPIN Thursday said it has launched 2 strategic funds in India and UK to boost investments ......

Finance

05 May, 2022

Crypto investment firm Koinbasket racks up funding from Polygon's Sandeep Nailwal, others

Gazillion Mathtech Pte Ltd, which runs thematic crypto investment startup Koinbasket, on Thursday said it has raised $2 million...

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