The funding signals growing fascination for Indian content-sharing and short-video apps.
Singaporean investment giant Temasek Holdings and the World Bank arm IFC have infused an additional Rs 220 crore or $29.5 million into leading online education platform Upgrad
This is amongst the largest investments in the Indian consumer internet space by these funds and is a testament to the robust and resilient business built by Ola
In India, LeapFrog has so far deployed capital across nine companies
NBFC also announced senior leadership changes
India's agritech space is abloom, with dozens of startups sprouting up in the last few years to disrupt dated farming practices
The idea of a financial holding company first found favour in the Shyamala Gopinath-led working group's 2011 report and was later fleshed out by the PJ Nayak Committee
Business Standard had earlier reported in August that the Bengaluru-based company was planning to raise capital from MacRitchie by allotment of 15,188 shares
The infusion is expected to help Zomato compete with Tencent-backed Swiggy and e-commerce giant Amazon, which recently forayed into food delivery
Many governments worldwide have already stepped in to help airlines amid the virus-induced travel slump, with the United States offering $58 billion in aid
Survey recommends transferring stake of listed govt firms to a corporate entity
The investment interest comes as Indian drugmakers are focusing on specialty products, while relying extensively on Chinese imports for basic ingredients and other raw materials used in medicines
Promeet Ghosh (right), deputy head of Temasek India, and R Venkatesh (LEFT), managing director speak to Jash Kriplani
Innoven Capital is a pioneer in venture debt and market leader in India
Investment will be used to expand Indian operations, acquire latest technology for super specialty eye care; firm plans to double number of hospitals to 150, treble turnover to Rs 1,500 crore
Temasek India is bullish on consumption stories
TPG Growth is the middle market and growth equity investment platform of global alternative asset firm TPG
It started investing outside Singapore in 2002-03