Fundalogical Ventures Makes Maiden Investment in Indicold, a Cold Chain Startup
Indicold, a tech-enabled cold supply chain startup, has recently secured an undisclosed amount in a pre-Series A funding round, spearheaded by Early Growth Investment Fund Fundalogical Ventures. The raised capital is earmarked for accelerating technological advancements, venturing into new territories,
Sharma’s Paytm Approved as UPI Third-Party App by NPCI
The National Payments Corporation of India (NPCI) has granted approval to One97 Communications Limited (OCL), the parent entity of Paytm, to operate as a Third-Party Application Provider (TPAP) for Unified Payments Interface (UPI) services. This pivotal move arrives amidst regulatory
Swiggy Integrates InsanelyGood with Instamart
Swiggy, a formidable competitor to Zomato, has recently announced the integration of its premium grocery service, InsanelyGood, into its quick commerce vertical, Instamart. This strategic merger follows InsanelyGood’s transition from a standalone app to an integral part of Swiggy’s main
Dharavi Redevelopment: Eligibility Survey Begins March 18
Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the Government of Maharashtra and the Adani Group, has announced the commencement of a pivotal survey initiative slated to commence on March 18. This extensive survey aims to gather crucial
Popular Vehicles & Services Launches ₹602 Crore IPO
Kerala-based Popular Vehicles and Services, a prominent automobile dealer, has embarked on its Initial Public Offering (IPO) journey, with plans to raise approximately Rs 602 crore. The IPO, which commenced on March 12 and concludes on March 14, encompasses a
AuthPay Raises $450K Led by SCOPE VC
Fintech trailblazer AuthPay, founded in July 2020, has secured $450,000 in a pre-seed funding round led by SCOPE VC. Known for its robust payment solutions tailored to businesses worldwide, AuthPay stands at the forefront of secure transaction processing. Harnessing cutting-edge
SIDBI Launches $120M Green Climate Fund for MSMEs
The Small Industries Development Bank of India (SIDBI) has achieved a significant milestone with the approval of its inaugural green climate project, the Avaana Sustainability Fund (ASF), by the Green Climate Fund (GCF). This pioneering initiative, backed by a $120
Zerodha’s ‘Zerodha Fund House’ Eyes $100M Funding: Report
Zerodha‘s asset management company (AMC), ‘Zerodha Fund House,’ is reportedly in discussions with multiple investors to secure up to $100 million in external funding. A joint venture between the renowned stockbroking firm Zerodha and the investment platform Smallcase, Zerodha Fund
DroneAcharya Lands Adani Group Order for DGCA-Certified Training
Drone startup DroneAcharya Aerial Innovations has recently announced a significant milestone, securing a major service order from the Adani Group. This order entails providing DGCA (Directorate General of Civil Aviation) certified drone pilot training, marking a pivotal advancement in the
Viacom18 Leadership Reshuffle Precedes Disney India Merger
Reliance Industries, led by Mukesh Ambani, and The Walt Disney Company have recently announced a groundbreaking merger of their media and entertainment assets in India, culminating in an $8.5 billion powerhouse. This amalgamation encompasses a vast array of resources, including