Avendus Group, through its asset management arm Avendus PE Investment Advisors, has announced the launch of its third private credit fund, Avendus Structured Credit Fund III (ASCF-III). This fund aims…
Infinity Fincorp Solutions, a pioneering non-banking financial company (NBFC) focused on empowering micro, small, and medium enterprises (MSMEs), has secured $35 million in funding from Jungle Ventures, Archerman Capital, and…
Foxconn Technology Group and Dixon Technologies India Ltd. have requested the Indian government to release pending subsidies under the production-linked incentives (PLI) scheme. The government initially pledged ₹41,000 crore to…
Swiggy has introduced a new app, Pyng Professional, aimed at professionals such as nutritionists, yoga instructors, life coaches, and designers. This platform allows them to list their services, schedule bookings,…
LEAP India, a leading player in India’s supply chain and logistics sector, has strategically acquired CHEP India Private Limited. This move significantly enhances LEAP India’s capabilities in the asset-pooling and…
Kabeer Biswas, cofounder of Dunzo, is set to take on a new role as the head of Flipkart Minutes, leading Walmart-owned Flipkart’s quick commerce operations. This move marks his second…
The ePlane Company, a pioneer in urban air mobility and compact electric flying taxis, has joined hands with Tata Consultancy Services (TCS) to revolutionize urban transportation. By combining ePlane’s advanced…
Fintech platform MobiKwik reported significant growth in revenue for the second quarter of FY25, marking a 43% year-on-year increase to Rs 291 crore. Despite this robust growth, the company posted…
Tata Elxsi, a global leader in technology services, and CSIR-National Aerospace Laboratories (NAL) have joined forces to accelerate innovations in Advanced Air Mobility (AAM). This strategic partnership focuses on emerging…
GPS Renewables, a leading biofuels engineering company, has announced the appointment of Homai Ardeshir Daruwalla, a former Chairman and Managing Director of the Central Bank of India, as an Independent…