Insight

Jai Kisan, a fintech firm with a focus on rural areas, has acquired a controlling share in Kushal Finnovation Capital, a non-banking finance company (NBFC) that specializes in supply chain financing. As a result of this transaction, Jai Kisan has gained an NBFC license.

Truva, a platform that utilizes advanced technologies in the real estate industry, has successfully secured $3 million in funding. The funding round was spearheaded by Stellaris Venture Partners, an early-stage venture capital firm.

Oyo, a leading company in the hospitality industry, has successfully secured Rs 1,457 crore (about $175 million) in a Series G funding round.

In order to expand its operational presence and stimulate growth in the western region of India, marketing agency Brand Street Integrated has established a new office in Gujarat and appointed Siddharth Mishra as Business Director (West).

Priyank Kharge, the IT Minister of Karnataka, declared during the Moneycontrol Startup Conclave in Bengaluru on August 9th that those who have resigned from their professions and aspire to become entrepreneurs will be granted a monthly stipend of Rs 25,000 for a duration of one year.

Indian Startups raised capital in order to expand and move into more successful. Here is this week’s Top 10 Indian Startups Funding Roundup – August 5 – August 8, 2024.

In a continuation of the ground-breaking educational initiative, 11 more Government Schools in the Sunam Assembly constituency have been equipped with state-of-the-art robotics labs.

HCLTech's subsidiary, HCLSoftware, intends to purchase the entire ownership of Zeenea, a software company based in France, for a valuation of 24 million euros. This acquisition is part of HCLSoftware's strategy to expand its range of data and analytics services.

Zendesk, the company that offers the most comprehensive AI solution for customer experience (CX) on the market, has announced today that Lila Tretikov has joined its Board of Directors.

 Arena Animation, a prominent animation institute in India and one of Aptech Limited's flagship brands, organized the inaugural edition of TheTeacherApp Design-a-thon Challenge in partnership with the Bharti Airtel Foundation, the philanthropic arm of Bharti Enterprises.