Bengaluru-based hyperlocal delivery startup Dunzo has allotted warrants to Bennett Coleman and Company Ltd (BCCL). Dunzo is allotting 5 warrants valued at INR 19.5 crore at a subscription amount of INR 1.95 crore to…
EV charging station aggregator platform EV Plugs has raised USD 150,000 in a round led by family and friends. EV Plugs will use the funds to expand EV charging network coverage in 150+ cities. In the next 2 years, the…
Osaka (Japan)-based agriculture and heavy equipment firm Kubota Corp is in talks with the Nanda family - promoters of tractor maker and engineering construction company Escorts - to increase its stake and eventually…
Singapore-based online spiritual wellness company Emerging Vision has raised USD 4 million in its Series A funding round led by Lightspeed. With total funding reaching USD 5 million, Emerging Vision will enhance its…
Biocon Biologics Ltd (BBL), a subsidiary of Biocon Ltd, will offer about 15% stake to Serum Institute Life Sciences Pvt Ltd (SILS), a subsidiary of Serum Institute of India, at a post-money valuation of $4.9 billion…
KPMG India has been appointed as the transaction adviser for strategic divestment of IDBI Bank, and the firm will assist the government in the sale for INR 1. About 7 firms, including KPMG, had bid to act as…
With the bank's shareholding reducing below 50%, general insurance ICICI Lombard has ceased to be a subsidiary of ICICI Bank. This follows the allotment of equity shares of ICICI Lombard to the eligible shareholders of…
Singapore- and Bangalore-based "Solana" blockchain-based venture platform SolRazr has closed a USD 1.5 million funding round from Moonrock Capital, Ascensive Assets, and Morningstar Ventures. Other funds including…
Mobility and smart parking startup Get My Parking (GMP) has made a partial secondary sale for the vested ESOPs of current as well as former employees as part of the recently completed fundraise of USD 6 million led by…
Bank of India has announced the closure of its QIP issue. It has raised INR 2,550 crore by issuing more than 40.5 crore shares. The allotment of 40,54,71,866 equity shares to eligible qualified institutional buyers…