Other Deals
State Bank of India has sold INR 341 crore of principal loan outstanding from bankrupt Atibir Industries to CFM Asset Reconstruction Company for INR 250 crore through a Swiss challenge auction. The all-cash sale…
Other Deals
New York, USA- headquartered Reveal HealthTech has attracted USD 4 million in seed funding from cross border VC firm W Health Ventures. The funds will be used to scale operations, hire talent, and develop technical…
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San Francisco-based online visa application platform Atlys has raised USD 12 million from Sequoia Capital and Accel Partners.The funds will be used to build the team and expand coverage in India and other countries…
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The US banking regulators have said that depositors at Silicon Valley Bank (SVB), which was shuttered Friday, would have access to their funds on Monday, putting to rest fears that startups would struggle to pay their…
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Bir, Himachal Pradesh-headquartered online paragliding booking portal ParaBooking has raised INR 50 lakh in seed funding under the Him Startup Yojana of the Department of Industries, Himachal Pradesh. It plans to use…
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French multi-brand beauty products chain Sephora and Reliance Retail Ltd have abandoned talks to form a partnership for the Indian market. Sephora sells premium beauty brands such as Too Faced, Mac, Clinique, Huda…
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Skincare CosIQ has raised INR 35 lakh through a "Consumer Stock Ownership Plan", with 292 people investing in the company. CosIQ had invited people to invest INR 5,000 each in the company, earlier this year. Also…
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Telugu film actor and producer Vijay Deverakonda has picked up a 10% stake in Hyderabad Black Hawks, a franchise in the professional men's indoor volleyball league, Prime Volleyball, at a valuation of INR 160 crore…
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L&T Finance and its subsidiary L&T Infra Credit jointly have sold INR 1,827.5 crore of distressed loans to Avenue Capital-backed Asset Reconstruction Company of India (Arcil). ARCIL will pay INR 1,092.5 crore for the…
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Publicly listed Tata Communications Ltd is to sell the company's non-network Internet of Things (IoT) business to its wholly-owned subsidiary, Tata Communications Collaboration Services Pvt Ltd, as a going concern on a…
