Empowering SMEs with Timely Financial Solutions: Manisha Mehta on the Journey and Future of Parrami Finance
Introduction: In a financial landscape where Small and Medium Enterprises (SMEs) often struggle to access timely funding, Parrami Finance Private Limited emerges as a beacon of hope. Founded with a mission to address the capital challenges faced by SMEs, Parrami Finance offers flexible financial solutions tailored to meet the unique needs of these businesses. At […]
InvestorAi founder Akshaya Bhargava to join Bank of Ireland as Board Chairman
Bhargava joins the list of accomplished Indian diaspora in senior global roles Bhargava brings an extensive governance and leadership experience across the financial services ecosystem and as founder of a number of successful fintechs including his current venture InvestorAi InvestorAi recently raised Rs 80 crore from well-reputed markets expert Ashish Kacholia InvestorAi is an AI-recommended […]
Millet Snack Brand Troo Good Secures Rs 72 Crore in Fresh Funding Round
Troo Good, a Hyderabad-based millet snack brand, has raised Rs 72 crore (around $8.6 million) in a fresh funding round led by Oaks Asset Management, with additional participation from Puro Wellness and V Ocean Investments. According to regulatory filings sourced by Entrackr, the company has passed a resolution to issue 10,176 equity shares to facilitate […]
UPI Achieves Historic Milestone with Over 15 Billion Transactions in September
India’s Unified Payments Interface (UPI) has once again set a new benchmark, surpassing 15 billion transactions in a single month for the first time in September 2024. According to data from the National Payments Corporation of India (NPCI), UPI processed a record 15.04 billion transactions, amounting to Rs 20.64 lakh crore (Rs 20.64 trillion). This […]
Waycool Secures $12 Million Debt from Grand Anicut Amid Equity Capital Crunch in Agritech
Chennai-based agricultural supply chain firm Waycool has secured Rs 100 crore (approximately $12 million) in debt financing from Grand Anicut, marking the first major funding boost for the company in two years. According to regulatory filings accessed through the Registrar of Companies (RoC), the board approved the issuance of 1,000 Series B6 debentures at an issue price of Rs […]
Building Tomorrow: How Anuradha Agrawal is Shaping India’s Startup Ecosystem Through Bold VC Investments
In the vibrant and ever-evolving world of Indian startups, Anuradha Agrawal has emerged as a guiding force, shaping the trajectory of new businesses with her insights on growth, sustainability, and innovation. Recently, during a conversation with Ramesh Chandra, Agrawal shared her invaluable perspectives on the current entrepreneurial landscape, offering a glimpse into the trends, challenges, […]
Pluckk Acquires Nutrition Brand Upnourish for $1.4 Million to Strengthen Wellness Offerings
Pluckk, a fresh fruits and vegetables platform, has acquired the nutrition brand Upnourish for $1.4 million as part of its strategy to expand its product offerings and tap into the growing nutrition and wellness market. The acquisition will allow Pluckk to diversify into a new vertical, focusing on nutrition-based products. Upnourish, founded in 2021 by […]
Vishal Mehta Takes the Helm: Rediff.com Appoints New Chairman and Managing Director
In a significant leadership transition, Rediff.com has announced the appointment of Vishal Mehta as its new Chairman and Managing Director. This move follows the acquisition of a majority stake in Rediff.com by Infibeam Avenues Ltd, paving the way for a new era in the company’s operations. The decision was made by Rediff.com’s board of directors […]
Unilever Ventures Backs ClayCo Cosmetics with $2 Million Series A Funding
ClayCo Cosmetics, a skincare brand founded by Niharika Jhunjhunwala in March, has raised $2 million in a Series A funding round led by Unilever Ventures. This marks the brand’s first external investment, aimed at accelerating its growth and market presence. The funds will be utilized for expanding ClayCo’s product portfolio, boosting branding efforts, enhancing recruitment, […]
IG Drones Secures $1 Million Seed Funding to Expand Drone Tech Innovation
Drone-tech startup IG Drones has raised $1 million in a seed funding round led by India Accelerator, with participation from several angel investors. The fresh capital will be used to fuel the startup’s research and development, particularly focusing on advanced drone solutions for defense applications. Founded in 2018 by Bodhisattwa Sanghapriya and Om Prakash, IG […]
