Startups
TMT
Invact Metaversity CEO Manish Maheshwari steps down as rift goes public
Manish Maheshwari has stepped down as the chief executive officer (CEO) and director of edtech firm Invact Metaversity to pursue...
People
Blackstone-backed Simplilearn appoints 2 vice presidents
Simplilearn Solutions Pvt. Ltd, which provides a training destination for professional certification courses, on Friday appointed...
Finance
Companies raise $723 mn this week with majority from 3 deals alone
Companies raised $723.1 million in venture capital (VC) and private equity (PE) funding this week, nearly 37% higher than last...
Finance
Beenext tells startups to have more than 18 months runway to survive 'coldest' winter
Early-stage venture capital (VC) firm Beenext has suggested its portfolio companies to have a runway of more than 18 months ......
TMT
Riverwalk launches Rs 150 cr fund to back early-stage startups
Riverwalk Holdings on Thursday said it launched a Rs 150 crore early-stage venture capital fund to invest in consumer brands,...
Finance
Healthcare-focused fintech company SaveIN raises additional fund in extended seed round
Credit-focused fintech startup SaveIN has raised $1.1 million (around Rs 8.4 crore) in additional funding from Guernsey-based...
TMT
Innoviti raises additional Rs 75 cr in Series D from Dutch investor FMO
Innoviti Payment Solutions Pvt. Ltd, which operates an eponymous payments-focused financial technology firm, on Thursday said...
TMT
Turtlemint sets up first overseas hub in bid to expand across MENA region
Turtlemint Insurance Services Pvt. Ltd, which runs insurtech platform Turtlemint, on Wednesday rolled out its first overseas unit...
TMT
ABB's e-mobility wing buys controlling stake in EV-focused firm Numocity
Global tech firm ABB Group’s electric mobility arm has acquired a controlling stake in Bengaluru-based electric vehicular...
Finance
Fairfax-backed Digit Insurance mulls raising $500 mn via IPO, eyeing valn of $5 bn
Go Digit General Insurance-operated Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, is considering...
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