Cabinet Approved Venture Capital Fund of Rs 1,000 Crore for Space Startups
The cabinet has given approval for a Rs 1,000 crore venture capital (VC) fund to blooster growth of space startups by providing crucial early-stage funding. ...
Tag : funds
Adequate and Timely Funding Key to Achieving Sustainable Agriculture: RBI Deputy Governor
The speech at the conference in Pune by the respected Deputy Governor Swaminathan J of the Reserve Bank of India emphasised the importance of promoting...
GOI Plans To Allot Rs 750 Crores for ‘AgriSURE’ To Support Agriculture and Allied Sectors
The Indian government is set to introduce a new initiative called the ‘Agri Fund for Startups and Rural Enterprises’ (AgriSURE), aimed at supporting entrepreneurs in...
Brooklyn Company Funds Almost $120000 to Ukraine
Volodymyr Zelenskyy, the president of Ukraine, was recently turned into an action figure by the Brooklyn-based product design company FCTRY through a Kickstarter campaign. In...
Sabi Closes $6 Million Bridge Round
Sabi became the latest startup to raise funds to serve the informal sector. Sabi’s bridge round came after closing a $2 million seed round from...
PMC Bank Customer Cannot Withdraw More than Rs 1K: RBI
Punjab and Maharashtra Cooperative Bank (PMC Bank) customers cannot withdraw Rs 1000 from their account with urban cooperative, Reserve Bank of India (RBI) has put...
NBFCs Will Keep Getting Funded Says RBI
In the middle of growing fears of defaults by non-banking finance companies, country’s largest lender State Bank of India on Friday said it will continue...
Jagran Music to Acquire Anil Ambani’s BIG FM For Rs.1,050 Crore
Reliance Group’s Reliance Capital and Reliance Land will divest the entire equity stake in Reliance Broadcast Network (RBNL) to Jagaran Prakashan-owned Music Broadcast (MBL). RBNL...
RCom’s Tax Return Release Barred By SBI
The lenders denied releasing RCom’s Rs. 266 crore value of income tax return that Rcom is looking to pay the Swedish telecom equipment maker, as...
ECL Finance to raise funds up to Rs.2,000 crore
ECL Finance (ECLF) will be raising funds up to Rs.2,000 crore, via a public issue of bonds. ECLF is the NBFC arm of Edelweiss Financial...