Over $239 mn raised by 26 Indian startups in funding last week
More than $239 million was raised by 26 Indian startups in funding last week, which includes nine growth-stage deals and 15 early-stage deals.
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Tata Motors group hikes investment outlay to INR 43,000 cr for FY25
Tata Motors group has increased its investment outlay for FY25 to INR 43,000 crore, with a significant portion allocated to its British arm, Jaguar Land Rover (JLR). In FY24, the company had initially planned for a 3 billion pound investment…
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Kumar, Pai not to renew advisory role with Byju’s
In a statement on Sunday, the troubled edtech firm said that company and advisory board members Kumar and Pai have mutually decided not to renew the contractual agreement scheduled to end on June 30, 2024.
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KKR in talks to buy into healthcare BPO company Infinx
Launched in 2012 as Tandon Information Solutions, Infinx is also into medical transcription, eligibility and benefit verification, complete medical billing, medical coding (across specialty) and comprehensive account receivable management services.
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Nikhil Kamath, Manyavar family office may join A91 in Rare Rabbit’s Rs 500 crore funding
Bootstrapped till now, Rare Rabbit clocked revenue of over Rs 600 crore in fiscal 2024, with an operating profit of more than Rs 100 crore, as per sources in the know.
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Hindujas’ acquisition of Reliance Capital hits financing hurdle
“IndusInd International Holdings (IIHL) is trying to reduce the cost by nearly one percentage point and is seeking a cheaper loan through ongoing discussions with the lenders,” one of the sources said. “The loan arrangement must be finalised before May…
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