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M&M to acquire 10% stake in Canadian technology firm Resson Aerospace

TMT

01 May, 2018

M&M to acquire 10% stake in Canadian technology firm Resson Aerospace

Mahindra and Mahindra Ltd has agreed to invest C$6.63 million ($5.17 million) for a 10% stake in Canadian technology firm ......

SAR Group's VC arm backs fintech startup MyLoanCare

TMT

30 April, 2018

SAR Group's VC arm backs fintech startup MyLoanCare

My Finance Care Advisors Pvt. Ltd, which runs online loans marketplace MyLoanCare, has raised Rs 6.5 crore ($978,000) in a ......

IFC set to back EV fleet operator Lithium Urban Technologies

TMT

30 April, 2018

IFC set to back EV fleet operator Lithium Urban Technologies

International Finance Corporation, the private-sector investment arm of the World Bank, is looking to invest up to $8 million (Rs ......

Bay Capital leads $7.5 mn round for online stock broker Samco

TMT

30 April, 2018

Bay Capital leads $7.5 mn round for online stock broker Samco

Mumbai-based online broker Samco Securities has raised $7.5 million (Rs 49 crore) in a Series B round led by Bay ......

Japan's Recruit Group, others invest in online lending startup Rubique

TMT

30 April, 2018

Japan's Recruit Group, others invest in online lending startup Rubique

Rubique, a Mumbai-based online marketplace for financial products, has raised an undisclosed amount in a funding round led by Japan's ......

Dutch aquafeed firm Nutreco picks up 25% stake in agri-tech startup Eruvaka

TMT

30 April, 2018

Dutch aquafeed firm Nutreco picks up 25% stake in agri-tech startup Eruvaka

Eruvaka, an Internet of Things-based agricultural technology startup, has raised an undisclosed amount in a Series B round of funding ......

New Zealand electronics firm Rakon to buy out Bengaluru's Centum in JV

TMT

30 April, 2018

New Zealand electronics firm Rakon to buy out Bengaluru's Centum in JV

Bengaluru-based Centum Electronics Ltd has agreed to sell its entire 51% stake in a joint venture with Rakon Ltd to ......

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Online pharmacy 1mg raises fresh capital at $75 mn valuation

TMT

27 April, 2018

Online pharmacy 1mg raises fresh capital at $75 mn valuation

Gurugram-based 1mg Technologies Pvt. Ltd, which operates online pharmacy 1mg, has raised fresh capital to scale its business as it ......

Amazon's India investment continues to bleed its international business

TMT

27 April, 2018

Amazon's India investment continues to bleed its international business

E-commerce giant Amazon Inc.’s massive investment in India continues to drag its margins, with the loss of its international business ......

IAN-backed Get My Parking buys Constapark

TMT

27 April, 2018

IAN-backed Get My Parking buys Constapark

Cloud-based mobile parking technology startup Get My Parking has acquired Bangalore-based parking subscription firm Constapark, a company statement said.With the ......

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