Cultivating the Future: Suind Nets Rs 5 Crore for AI-Driven Agricultural Growth
Suind, an innovative agricultural technology startup, has successfully completed a significant milestone in its journey. The company raised Rs 5 crore in a seed funding round, with Sunicon Ventures playing a pivotal role in leading this investment
Exfinity Venture Leads Zyla Health’s $4M Funding Round: A New Era in Indian Health-Tech
Zyla Health, a dynamic health-tech startup based in Gurgaon, India, has successfully secured $4 million in its Series A funding round. This significant investment, led by Exfinity Venture Partners, marks a crucial milestone in Zyla’s mission to transform healthcare delivery in India.
India-UK Financial Relations Reach New Heights with RBI and BoE MoU
: A significant aspect of the MoU is enabling the BoE to assess CCIL for recognition as a third-country Central Counterparty (CCP). This recognition is essential for UK-based banks to clear transactions through CCIL, indicating the MoU’s direct impact on facilitating financial transactions between the two countries.
Game Changers: PhonePe’s Indus Appstore Welcomes Top Developers like MPL and Dream11
This collaboration, announced on November 30, includes other notable game developers such as A23, RummyCulture, Junglee Rummy, Taj Rummy, Rummy Passion, RummyTime, and CardBaazi.
Noida’s New Tech Milestone: Dixon’s ₹256 Crore Investment for Xiaomi Production
: Dixon Technologies has invested ₹256 crore in setting up the new facility in Noida, which is expected to have an annual production capacity of 25 million units.
Corporate Transparency Boost: SEBI Extends Norms Implementation to 2024
The new deadline for implementation is April 01, 2024. This circular also rescinds the Master Circular on the redressal of investor grievances through the SCORES platform, effective from the same date.
Modi Launches Green Credits: A New Era of Eco-Recovery on Degraded Lands
The Green Credit Program was officially notified on October 13, 2023, as part of India’s pro-active approach to address climate change and promote eco-conscious practices. It was announced during the COP28 climate talks.
OMBADC’s Big Push: Rs 18,000 Crore Allocated for 60 Projects in Odisha
The Odisha government has sanctioned 60 projects, amounting to over Rs 18,000 crore, funded by the Odisha Mineral Bearing Area Development Corporation (OMBADC) till October 2023.
RBI Reports: Over Rs 9,000 Crore in Rs 2,000 Notes Still with Public
Approximately 97.26% of Rs 2,000 banknotes have been returned to the banking system. This leaves about Rs 9,760 crore worth of these notes still with the public.
From Wall Street to Dalal Street: U.S. Pension Fund’s Shift Brings Billions to Indian Markets
Nine new Indian stocks have been added to the MSCI Global Standard index as part of its quarterly review and rebalancing, which includes major companies like IndusInd Bank, Suzlon Energy, and Tata Motors.