Blockchain-based fan engagement platform SportZchain has raised USD 400,000 in a pre-seed funding round led by Darq Capital. Jagadeesh Atukuri, Director of Comply Dot, and Shisan Investments (co-founded by EX-COO of…
Inox Wind Infrastructure Services Ltd (IWISL) has inked a share purchase agreement to sell its entire equity stake in six firms to wholly-owned subsidiary Resco Global Wind Services. The six arms are Marut-Shakti…
SHREM Infrastructure Investment Trust (Shrem InvIT) has made one of the first issuances by a road sector InvIT on a private placement basis. The InvIT has a large portfolio of operating assets (24 assets) with projects…
Kumar Mangalam Birla is set to partner with Hamed bin Zayed Al Nahyan, the managing director of Abu Dhabi Investment Authority (ADIA), and invest in Zand, a UAE-based digital-only independent bank. Initially, the plan…
Used car marketplace CarDekho's Singapore-based holding entity Global Car Group Pte Ltd has converted into a public company Global Car Group Ltd. Even as it changed status, a couple of existing shareholders in Cars24…
Sublime Finance, a blockchain-based platform that helps borrowers tap into their "social capital", has raised USD 2.5 million in a seed round co-led by Galaxy Digital and Electric Capital. Other investors included…
Power generation utility NTPC Ltd is looking to acquire around 5% in Power Exchange India Ltd (PXIL), promoted by National Stock Exchange of India Ltd (NSE) and National Commodity & Derivatives Exchange Ltd (NCDEX)…
In an effort to accelerate growth in the Indian rural market, Procter & Gamble (P&G) India is set to invest INR 500 crore through its 'Rural Growth Fund'. It will provide external partners an opportunity to collaborate…
TrusTrace, a Stockholm- and Coimbatore-based startup which has created a platform for supply chain transparency and product traceability within the fashion, food and retail industries, has raised EUR 5.17 million (USD…
US-based insurance firm Metlife proposes to raise its stake in its Indian venture by acquiring a 15.27 % stake of IGE (India) Pvt Ltd and Elpro International Ltd in PNB MetLife India Insurance Company. With the…