Mufin Green Finance has bagged $18 million in long-term debt funding from a US-based financial institution. The 10-year facility includes an initial disbursement of $10 […]
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Zomato gets RBI authorisation to operate as Payment Aggregator
Zomato has announced that its wholly-owned subsidiary Zomato Payments has been granted a certificate of authorisation from the Reserve Bank of India (RBI) to operate […]
DocOsage secures undisclosed amount in pre-seed funding led by Angel Investor
AI-powered healthtech platform DocOsage has raised pre-seed funding led by Dr Mayur Agarwal, an Angel Investor. The funds will be utilised to enhance product development, […]
MobiKwik set to generate Rs 880 crore via IPO
MobiKwik has announced that it is going to generate Rs 880 crore through an Initial Public Offering (IPO). It is the company’s second attempt at […]
CCI approves acquisition of certain stake of Lenskart Solutions by Kedaara Capital Fund
The Competition Commission of India (CCI) has approved acquisition of certain stake of Lenskart Solutions by Kedaara Capital Fund, according to the Ministry of Corporate […]
Lincoln Pharmaceuticals Reports Net Profit of Rs. 19.01 crore in Q1 FY24
Lincoln Pharmaceuticals Limited has reported a standalone net profit of Rs. 19.01 crore for Q1 FY 2023-24 ended June 2023 as against net profit of […]
Transcell and Quantiphi develop Digital Animal Replacement Technology
Transcell Oncologics and Quantiphi have together developed an innovative solution known as Digital Animal Replacement Technology (DART), an advancement that harnesses human microphysiological systems and employs […]
Cabinet approves FDI in Suven Pharmaceuticals
The cabinet committee on Economic Affairs chaired by Prime Minister Narendra Modi recently approved the Foreign Direct Investment (FDI) proposal of up to Rs 9,589 […]
SBI seeks buyers for its Rs 96,000 crore distressed loans
The country’s largest bank circulated a list of 331 accounts comprising Rs 96278 crore loans to Future group, Anil Ambani promoted companies, Videocon group, and […]
Aditya Puri joins Deloitte as Senior Adviser
Deloitte Touche Tohmatsu India yesterday announced the appointment of Aditya Puri as a senior adviser to the organisation. A veteran banker and former Managing Director […]