Insight

Suzuki, the Japanese automotive conglomerate, has established Next Bharat Ventures, an India-focused venture investment arm. The corpus of the venture investment arm is Rs 340 crore, and it is intended to support early-stage businesses.

The Maharashtra State Innovation Society is delighted to announce the 6th Edition of our nationwide flagship program, Maharashtra Startup Week (MSW).

The leading virtual asset trading platform in the Middle East and North Africa, BitOasis, has been acquired by Indian crypto exchange CoinDCX. BitOasis has the greatest trading volume in Emirati Dirhams.

Phenom today announced its acquisition of Tydy, a human resources technology company focused on delivering phenomenal preboarding and onboarding experiences for employees – from hire to retire. 

The National Payments Corporation of India's (NPCI) international subsidiary, NIPL, has entered into a partnership with the UAE-based Network International in order to further its international expansion.

A mobile app called EleFant has raised Rs 6 crore, which is about $750K. Venture Catalysts and Malpani Ventures led the round, which also included a number of well-known investors and family offices.

A wellness brand called Amocare has raised $400,000 in a pre-seed round led by FAAD Network and AngelBay Holdings.

The Indian venture capital company Dallas Venture Capital led a Series A funding round that raised Rs 42 crore ($5 million). This was for the enterprise spend management platform Dice.