Startups
TMT
South Korean KB Investment invests in Elev8 Venture
South Korea's financial services provider KB Group on Wednesday said it will be investing around $100 million (around Rs 800 ......
Infrastructure
Karnataka CM Bommai announces six high-tech cities, startup park in state
Karnataka will see six new high-tech cities and a new startup park near Bengaluru airport, chief minister Basavaraj Bommai said ......
TMT
Tech a weapon against poverty: PM
Prime Minister Narendra Modi said India is using technology as a weapon against poverty, as he virtually inaugurated the 25th ......
TMT
Mirchi parent ENIL picks up minority stake in Spardha
Entertainment Network India Ltd, which runs private frequency modulation brand Radio Mirchi, on Wednesday said it has bought a minority ......
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SphitiCap makes third bet from maiden fund
Sector-agnostic early-stage fund SphitiCap has invested $9 million (around Rs 72 crore) in Noida-based electric mobility firm Corrit Electric as ......
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ICICI Venture makes first investment from fifth PE fund
ICICI Venture, the alternative investment arm of ICICI Bank, on Wednesday said it has invested Rs 360 crore (around $44.3 ......
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Simplilearn looks to turn profitable by FY24, CEO says
Blackstone-backed upskilling platform Simplilearn Solutions Pvt. Ltd, on Wednesday said that it expects to reach net profitability by FY24, a ......
Finance
Blinkit's marketplace arm's FY22 loss widens to over Rs 1,000 crore
Zomato-owned Blinkit's marketplace arm Blink Commerce Pvt. Ltd reported its FY22 loss at Rs 1,019 crore against Rs 381.7 crore ......
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ReadyAssist, Yu raise early-stage funding
Bengaluru-based roadside assistance startup ReadyAssist on Tuesday said it has raised $5 million (around Rs 40 crore) fromHowen International Fund ......
TMT
Truck aggregator Onmove buys Transin Logistics in all-cash deal
Zast Logisolutions Pvt. Ltd, which runs truck aggregator platform Onmove, on Monday said it has acquired Hyderabad-based Transin Logistics for ......
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