Insight

Unveiling Valuable Insights in the Fifth Episode of the Crafting Bharat Podcast Series with Shubhi Agarwal Co-founder & COO at Locobuzz

Care.fi, a fintech startup with a focus on healthcare, has secured $2 million (equivalent to Rs 16 crore) in debt capital from Trifecta Capital. Additionally, it has received an extra $0.6 million (equivalent to Rs 5 crore) from UC Inclusive Credit.

HCLTech, a leading global technology company, announced that Roshni Nadar Malhotra, Chairperson, HCLTech has been conferred the "Chevalier de la Légion d’Honneur" (Knight of the Legion of Honour) by France.

BlackBuck, a truck aggregator supported by Accel and Flipkart, has submitted the draft red herring prospectus to the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) to generate Rs 550 crore by issuing new shares.

The Adani Group, headquartered in Ahmedabad, intends to generate 7,500 to 10,000 employment opportunities by investing $9 billion in constructing infrastructure for its green hydrogen project in Kutch, Gujarat.

iVP Semi has successfully raised $5 million in pre-Series A fundraising. The funds will be used to establish a strong presence in India, expand operations, establish testing facilities, and launch marketing efforts.

Pepperfry, an omnichannel furniture retailer, has decided to postpone its initial public offering (IPO) plans after consulting with financiers for the past year in preparation for the public market.

A former bureaucrat who retired as India's defense secretary in 2022, Ajay Kumar, has entered the venture capital industry.

Japan-based Mynavi Corporation has invested Rs 203.5 crore or $24.5 million in Bengaluru-based HR tech startup Awign. As a result, Mynavi Corporation will now possess a 73% stake in the company.

Grameen Foundation for Social Impact, a non-profit organization that is committed to enhancing the lives of impoverished individuals, particularly women, partners with Open Network for Digital Commerce (ONDC).