New Delhi [India], March 19: Rural-fintech Navadhan has raised Series A equity funding round with its initial target of 80 Cr oversubscribed to 111 Cr. The round is led by NabVentures, the venture Capital arm of NABARD. Prime Ventures is the co-lead with participation from LNB Group, also an
New Delhi [India], March 18: Medicamen Organics Limited (MOL) (NSE- MEDIORG), is pleased to announce the successful allotment of 4,65,910 fully convertible warrants on a preferential basis to Bal Kishan Gupta, a promoter of the Company. Each warrant is issued at Rs64.39 and will be convertib
Over the years, private companies have steadily reduced their debt, leading to stronger balance sheets. This has been driven by low capital expenditure (capex), government initiatives to boost infrastructure, fresh equity issuances, and improved capacity utilization. Many companies have also
Mumbai (Maharashtra) [India], March 18: Pilgrim, one of India's fastest-growing beauty and personal care brands, has successfully raised Rs200 crore in a mix of primary and secondary funding rounds. The round saw participation from existing investors, Narotam Sekhsaria Family Office (NSFO),
New Delhi [India], March 17: HBF Direct, a leading financial and strategic advisory firm, is scaling its Venture Studio model to drive the growth of SMEs and high-potential startups. With 24 companies already under development, HBF Direct is now focused on accelerating this expansion, tar
Further, Ajay Singh, Promoter of the Company, is disposing upto 3.15 Crore equity shares of the Company and utilize the proceeds to enable Spice Healthcare Private Limited to partially fund the balance of 75per cent of the amount at the time of allotment of the equity shares pursuant to exer
The panic in the Indian equity markets is expected to continue despite low volatility in the past few months of trading, said Nuvama in its recent report.
Ahmedabad (Gujarat) [India], March 13: In a heartfelt gesture of appreciation and adopting unique way of rewarding, Sanjay Shah, Chairman and Managing Director of Prudent Corporate Advisory Services Limited (Prudent), has decided to gift 175,000 equity shares, amounting to approximately INR
Dubai [UAE], March 13: International Real Estate Partners (IREP), a global leader in integrated facilities management, has acquired a substantial equity stake in iA SPERRY Networks, the exclusive master franchise holder of SPERRY Commercial Global Affiliates across 71 countries in Asia and t
Amid the stock market sell-off, the mutual fund industry in India had a tough February, with a decline of around Rs 3 lakh crore in overall assets under management (AUM).
Adani Ports and Special Economic Zone (ADSEZ) is well positioned to benefit from India's long-term growth due to its strategic business model and alignment with the country's development goals, according to a report by Macquarie Equity Research.