The startup funding in India has registered a decline of 17 per cent in FY 24 as compared to the previous year. In 2021, investment professionals were getting on average six deals daily but in 2024, it has declined to three.
The ED, during the search operation, seized cash, bank funds, fixed deposits and jewellery to the tune of Rs 5 crore and froze them along with various incriminating documents and digital devices.
New Delhi [India], May 3: In India's burgeoning startup ecosystem, the third largest globally, entrepreneurs face a fiercely competitive arena marked by a high saturation of businesses across tech, e-commerce, and fintech sectors. Despite a promising start in 2022, funding sharply declined b
Mumbai (Maharashtra) [India], May 3: UGRO Capital Limited (NSE: UGROCAP) (BSE: 511742), a leading DataTech NBFC focused on MSME lending, today announced that its Board of Directors have approved an equity capital raise of INR 1,332.66 Cr through Compulsory Convertible Debentures (CCD) and Wa
Maharashtra has emerged as the top state, surpassing Karnataka in total money flow for the fiscal year 2023-24 in terms of private equity investments (PE funds) in India. In 2022-23, Karnataka has topped the list for maximum PE investments in the state.
The revised guidelines particularly prohibit citizens from working at Confucius Institutes -- non-profit educational institutes funded by the Chinese government to spread the culture of China. These educational institutes have also come under suspicion as tools for political influence.
"You know, one of the reasons why our economy is growing is because of you and many others. Why? Because we welcome immigrants. We look to -- the reason -- look, think about it. Why is China stalling so badly economically? Why is Japan having trouble? Why is Russia? Why is India? Because
San Francisco (California) [USA], May 2: Movement Labs, a San Francisco-based blockchain development team, today announced an investment from Binance Labs. These investments closely follow Movement Labs' successful $38m Series A funding round as the company continues to gain momentum in its
Chinese power dues currently stand close to PKR 550 billion, with disruptions observed in timely payments under the revolving fund in recent months. Chinese financial institutions are seeking reassurance to extend further cooperation in critical projects, necessitating urgent confidence-buil