Composite manufacturing tech startup Fabheads raises $10 million in round led by Accel

(0)
News

Trifecta Capital participated in this round of funding. With this, the Chennai-based startup has raised a total of $13 million. The fresh funds will be used to scale its manufacturing capacity, expand the leadership team and strengthen its client-facing engineering as well as R&D divisions.

Leave a Reply Cancel reply

Mutual funds turn out to be aggressive buyers via bulk and block deals: Report
Mutual funds: An analysis of deals since January shows domestic funds accounted for 20 percent of the top transactions, primarily where promoters or private equity players were offloading stakes.
How to apply for an education loan without collateral? A complete guide
Unsecured education loans offer students in India a way to finance their studies without collateral. Lenders assess academic performance and financial background before approval. Proper planning is essential for successful loan acquisition.
What happens if you default on a gold loan? Consequences explained
A gold loan allows borrowers to use gold as collateral for urgent expenses. Defaulting can lead to financial and legal issues, negatively impacting future credit applications. Responsible borrowing and communication with lenders are crucial to avoid repercussions.
Can I legally pay branch rent to HUF when the property is registered in individuals' names?
To rent jointly owned property through HUFs, owners must first transfer their shares to the HUFs. This can be done by selling or gifting the shares. Rent payments must go to individual owners, as the agreement is not in the HUF names.
You can invest in mutual funds through your employer. But should you?
Though they offer no special tax benefits, corporate SIPs do have a major disciplinary benefit as the money is invested before it hits your bank account.
What the recent RBI repo rate cut means for your loan
The Reserve Bank of India cut the repo rate by 50 basis points to 5.5%, surprising many. Lower rates may encourage consumer spending but challenge banks to attract deposits. The RBI's measures aim to ensure liquidity for credit demand while maintaining rigorous credit assessments.
Bonds vs. equities: What the yield ratio tells you about market value
Compare equity returns with bond yields using this lesser-known ratio that fund managers swear by—especially useful when tweaking your portfolio mix based on market growth and interest rate trends.
Will a salary hike boost your credit score? Here’s what to know
A salary hike doesn’t directly impact your credit score, but better income management, like timely repayments and low credit utilisation can indirectly improve your creditworthiness over time.
Gold loan: How it works and what borrowers must know
Gold loans in India allow leveraging the value of jewelry for quick funding without selling it. Recent RBI directives aim to enhance transparency and borrower protection, making gold loans a viable option for various financial needs despite associated risks.
THESE 6 popular credit cards charge annual fee lower than ₹1,000. Check list here
Plain vanilla cards do not charge an annual fee, whereas premium cards charge a high fee - sometimes higher than ₹10,000 a year. There are some cards, with annual fee lower than ₹1,000, fall between these two extremes

Composite manufacturing tech startup Fabheads raises $10 million in round led by Accel

Leave a Comment

Leave a Reply Cancel reply