DBS Bank India announced a lending commitment of USD 250 million for new-age start-ups today. The initiative is part of the bank's focus on fostering innovation and entrepreneurship within the country's thriving start-up ecosystem.
India’s first-ever and biggest conglomeration of innovation and collaboration, Startup Mahakumbh, concluded at the iconic Bharat Mandapam, and Pragati Maidan.
In its Series A round, agetech firm Kites Senior Care raised Rs 45 crore ($5.4 million), under the direction of Manipal Education and Medical Group (MEMG) chairman Ranjan Pai through his family office.