Viestories

ANAROCK, a real estate consultancy, has announced an investment of around INR 200 Cr (USD 25 Mn) from 360 ONE Asset Management Limited (earlier known as IIFL Asset Management) (360 ONE Asset), an alternate asset managers and part of the 360 ONE group, a wealth and alternates-focused institution with more than USD 54 Bn assets under management.

Leading the Series A investment round, Omidyar Network India-led sports-tech firm SportVot has secured Rs 9.4 crore. Along with current investors Capital A, Ankur Capital, Sucseed Indovation Fund, Marwah Sports, Anicut Capital, StartupLynk, and Ventana Ventures also took part in the investment round.

An extended partnership for collaborative research in the fields of AI, Compute, and radio was announced by Ericsson and the Indian Institute of Technology Kharagpur.

Lending Apps, Trading and investment apps, DeFi, Crowdfunding Apps, Insurtech Applications, Personalized Financial Planning, Digital Banking Apps, and Personalized financial planning are the Profitable Fintech Business Ideas in 2024.

The spacetech company EtherealX has secured its initial institutional investment round led by investors Riceberg Ventures, Campus Fund, and BlueHill Capital.

Grow Indigo, an agritech firm, has reportedly secured $8 million, or roughly INR 67 crore, as part of a strategic fundraising round in which Mahyco (Maharashtra Hybrid Seeds Co.) and Indigo Ag, two stakeholders, participated.