Fund Raising News
Co-founded by Gupta and Mukul Shah, and Danish Chopra, YOLO runs on an Uber-like template, where it does not own buses, but it takes care of the operational side of the business
Telecom operator Bharti Airtel's board on Wednesday approved raising $4 billion through equity dilution and debt funding
Yes Bank shares climb over 3% after eight investors evince interest to pump $2 bn into private sector lender
Shares of Yes Bank on Monday climbed over 3 percent after the company said eight investors have evinced interest to pump $2 billion into the capital-starved private sector lender
Shares of Yes Bank jumped over 8 percent on Wednesday ahead of its board meeting later this week to consider raising of funds
Binny Bansal leads $12.5 mn funding in Mobikon; CEO says funds will be used for expansion activities
Mobikon, which provides software platforms for restaurants, on Friday announced a fund raise of $12.5 million in a round led by Flipkart co-founder Binny Bansal
The new funds will allow Mesho to expand further outside India’s major metropolitan regions.
JSW Steel in a filing to BSE on Wednesday said that its board committee has approved the issuance bonds to raise $500 million.
British leader Tom Watson criticised Facebook CEO for having a 'contempt for social responsibility.'
Cash-strapped Fortis Healthcare, which is in the process of finding a new investor, on Wednesday said its board will meet on 13 July to consider raising funds through issue of securities on a preferential allotment basis
Central Bank of India to raise Rs 8,000 cr to strengthen core capital to comply with Basel III norms
Central Bank said it will use the enhanced capital for the general business purposes of the bank
PNB Housing Finance said the money will be raised in one or more tranches
Founded in 2008, PolicyBazaar's investors include the likes of Temasek, Tiger Global Management, True North, InfoEdge (Naukri.com), Premji Invest, besides investments from other PE funds and family offices
Last month the Reliance Jio board had approved raising of around Rs 20,000 crore in debt
The decision to this effect will be taken in the board meeting on 21 April, 2018, HDFC Bank said in a regulatory filing
Shares of Idea Cellular rallied for a second day, soaring nearly 14 percent on Friday after the company unveiled a plan to raise up to Rs 6,750 crore ahead of its merger with Vodafone
Set up in 2009, Ekart delivers 10 million shipments a month to over 3,800 pin codes.
Ola and Uber are locked in an intense battle for leadership in the Indian market and have pumped in millions of dollars in driver incentives and discounted rides for customers
NTPC shares closed 2.5 percent higher on the BSE at Rs 173.55 apiece on Monday
With the latest funding, Flipkart is estimated to have raised well over $5 billion till date
The company will invest major chunck of this sum in product upgrade and rest on marketing campaigns.