ProcMart, an online B2B marketplace specialising in supply chain solutions, has raised $30 Million (INR 250 crore) in Series B Funding led by Nandan Nilekani and Sanjeev Aggarwal’s VC fund, Fundamentum Partnership, and the Edelweiss Discovery Fund.
Nithin Kamath of Zerodha applauded the Social Stock Exchange (SSE) on Monday. The SSE is a platform where social organisations can raise money from the public. Six nonprofit firms have used the platform to raise funds thus far.
Singularity Growth, an operator-investor-led growth equity platform, announced the appointment of Sandeep Bapat as Senior Partner and Co-CIO, marking a momentous development within the private growth equity ecosystem.
The Indian Institute of Management Mumbai (IIM Mumbai) and Starburst Aerospace has entered into a strategic partnership that is expected to completely change the Indian aerospace, new space, and defence (ASD) business.