Leading Fintech Platform Kissht onboards Cricketing Legend Sachin Tendulkar to amplify the brand and drive growth
Kissht, India’s leading digital lending platform, announced a long-term association with cricketing icon Sachin Tendulkar as a strategic investor and its brand ambassador. This collaboration marks a significant milestone in Kissht’s journey to accelerate business growth and strengthen its offerings around speedy and hassle-free credit financing. Sachin Tendulkar embodies the values ......
MENA Digest: Fintech platform EdfaPay, e-commerce startup Ariika lead funding this week
Saudi Arabian fintech startup EdfaPay led fundraising activity in the Middle East and North Africa region this week as it raised growth capital to expand its business geographically. It was followed by Egypt-based furniture e-commerce platform Ariika, which raised an additional Series A funding. Other startups that concluded funding rounds include ......
Carrying the Torch of Legacy: Pioneer Fabricators Pvt. Ltd.
Pioneer Fabricators Pvt. Ltd., a distinguished name in India’s engineering sector, has been synonymous with excellence since its foundation in 1988. Established by the visionary late Mr. Rajeev Kumar Agarwal, the company has earned a sterling reputation for delivering engineering marvels across infrastructure, railways, oil & gas, and the power ......
360 One Asset's Tarun Sharma on investment thesis, sweet spots in Indian healthcare and more
Private equity giant Bain Capital-backed asset manager 360 One Asset is currently underway raising capital for its latest vehicle, the Healthcare Opportunities Fund. To be sure, 360 One (erstwhile IIFL Asset Management), is targetting to raise Rs 1,000 crore (nearly $118 million) for this fund, which will have a ticket size ......
Ennoventure, BiteSpeed, Zeplyn, two others raise early-stage funding
Ennoventure, BiteSpeed, Zeplyn, Pikndel and LegalKart secured early-stage cheques from various venture capital firms and investors, the companies said Wednesday. Ennoventure Ennoventure, a SaaS company providing brand protection and authentication services, has closed its Series A funding, bagging $8.9 million (Rs 75 crore) in a round led by Singapore-based Tanglin Venture Partners. The ......
RBI holds interest rates steady yet again, cuts banks' cash reserve ratio
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary conditions as economic growth slows. The country's GDP growth rate fell to 5.4% in the July-September quarter, its slowest pace in seven quarters, ......
Fairfax-backed IIFL Securities to hire 100 bankers as it rebrands to IIFL Capital
Fairfax-backed IIFL Securities Ltd, which has rebranded itself as IIFL Capital Services Ltd, plans to hire about 100 bankers as part of its re-strategizing exercise, a top executive of the company told VCCircle. The firm currently has a strong investment banking and institutional equities franchise and is now sprucing up its wealth ......
Centrum's Rajendra Naik on the IPO market, valuations, higher fees and more
IPO-bound entities are commanding lower valuations, with investors now driving a harder bargain, according to Rajendra Naik, managing director of investment banking at Centrum Capital. The mid-market investment bank recently joined a global M&A network of I-banks representing 45 countries, called the ‘Terra Alliance’ as the only representative from India, he ......
Synlex Intelligence: Pioneering AI-Driven Legal Technology to Revolutionize Access to Justice and Empower Lawyers in India
Synlex, an AI-driven legal technology company, is on a mission to transform the Indian legal landscape by enhancing access to justice and creating a fairer, faster, and more equitable legal system. Founded by a team of visionary leaders and experts in artificial intelligence and legal research, Synlex is leading the ......
Kae appoints former Endiya exec, elevates own partner to general partner position
Kae Capital, a Mumbai-based early-stage venture capital firm managing about $250 million in capital, has bolstered its leadership team, appointing former Endiya Partners executive Abhishek Srivastava as general partner and elevating Gaurav Chaturvedi to the same position. “We have known Abhishek for a while and are delighted that he has agreed to join ......
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