Patanjali To Invest Rs 1,000 Crore In Uttarakhand, Says Founder Baba Ramdev
Patanjali Yogpeeth announced to make investments of more than Rs 1,000 crore in Uttarakhand. The investment will improve public health in the state and promote its rich culture, said the trust on September 14.
Making the announcement in Gangotri, Patanjali Yogpeeth founder Baba Ramdev said he will work towards making Uttarakhand the spiritual and cultural capital of the world. Moreover, Uttarakhand CM Pushkar Singh Dhami welcomed the… read-more
Tags: Patanjali, Baba Ramdev, Uttarakhand Culture, Investment, business
Courtesy: Press Trust of India
US DFC To Invest $37.5 Million In Indian Businesses To Support Economy
The US International Development Finance Corporation (DFC) recently announced to invest $37.5 million (Rs 299 crorea) to support key sectors in India. The investment is expected to fuel the growth of businesses working in sectors like financial services, agriculture, healthcare, and climate. The company announced the investment in their current FY Quarter, as a form of political risk insurance product and financial instrument for various… read-more
Tags: Indian Startups, Investment, us company, DFC, Indian Economy
Courtesy: First Post
My Investments Are From Own Earned Money, Not Scam: Jacquelin Fernandez
Bollywood actress Jacqueline Fernandez denied her alleged involvement with rumour boyfriend and conman Sukesh Chandrashekhar in a Rs 200 crore money scam. After being questioned by the Enforcement Directorate under the Prevention of Money Laundering Act case, Fernandez revealed that her investments were through her fix depositing from hard-earned money. Notably, ED attached assets of the actress in the case. Earlier, on August 24, actress was… read-more
Tags: Sukesh Chandrasekhar, Jaquelin Fernandez, Enforcement Directorate, Bollywood, Investment
Courtesy: The Free Press Journal
Startup Company Jify Attracts $10 Million Investment By Accel, Nexus
Employee financial benefit startup Jify has raised over $10 million investment, said the company on August 3. Accel and Nexus Ventures provide funding to the startup company of joint partners Anisha Dossa Aibara, Anusha Ramakrishnan and Aditya Mehta. Started in 2021, the company provides salary benefits like on-demand real time salary at zero cost. In addition, the company owners said, the investment will be used to strengthen production and… read-more
Tags: Investment, Jify, Startup India, Financial Benefits, investors
Courtesy: The Economic Times
Ed-Tech Startup Raises $7.5 Million Investment As Series A-Funding
Founded by Jhunjhunwala and Nikhil Naik, the ed-tech start-up raised $7.5 million in Series A funding. The CEO said, they will use the investment to scale up and accelerate hiring across the teams in multiple geographies. Furthermore, it was recently listed by HolonIQ on its annual list of the 100 most promising EdTech start-ups from India & South Asia. The company will also enhance education for students with new investments.
Tags: Investment, Ed-tech, Series A Funding, New Companies, Indian Company
Courtesy: Business Insider
Burger Singh Raises Investment Worth Rs 30 Crore In A-Funding
Burger Singh, an Indian burger chain store across India raised Rs 30 crore investment in round of A series funding. Kabir Jeet Singh, the CEO of Burger Singh confirmed the investment by Negen Capital, LetsVentures, Mumbai Angels, Old World Hospitality and singer Jasleen Royal. With this investment, the CEO plans to expand the venture, and open 120 more outlets by 2023. Currently, Burger Singh has 80 outlets, across India.
Tags: Burger Singh, Startup, Food Chain, Outlets, Investment
Courtesy: Business Insider
SpaceX Secures Over $255 Million In Funding To Deploy Telescope To Study Dark Energy
Elon Musk's SpaceX has secured a deal for roughly $255 million to launch Nancy Grace Roman Space Telescope mission, which will study the impacts of dark energy, dark matter, and exoplanet exploration. In 2026, NGRT will be launched at NASA's Kennedy Space Center in Florida atop SpaceX's Falcon Heavy rocket. The telescope is named after Nancy Grace Roman, Nasa's first chief astronomer, who cleared the path for larger-scale space telescopes. … read-more
Tags: SpaceX, telescope, dark energy, Investment, Nancy Grace Roman Space Telescope
Courtesy: India today
Bosch Plans To Invest More Than Rs 200 Cr In India Over Next 5 Years
Bosch Ltd would invest over Rs 200crore in India over next five years in innovative automotive technology and digital mobility said Managing Director Soumitra Bhattacharya. Bosch's annual report for FY22 stated the company is "quietly and cautiously optimistic about having a double-digit growth in FY2022-23 over the previous fiscal year." Bhattacharya stated the globe is facing "unprecedented" issues such as supply chain crises, semiconductor… read-more
Tags: Automakers, Bosch, Investment, FISCAL YEAR, India
Courtesy: DNA INDIA
Campus Fund Announces Rs 75 Crore Funding For Student Led Startups
Campus Fund announced to have raised Rs 75 crore investment, which will be used for student founders, aiming to provide funds for student-led startups. On July 8, the company announced its second funding, to enhance services and fulfi commitments to students for their startups. Funding over the last two years, Campus Fund invested in Digantara to HealthySure to Expand My Business, which is now working well in the startup industry.
Tags: Startup, Student Funding, Campus Fund, Investment, business
Courtesy: The Free Press Journal
Reliance Ltd Seeks New Technology For PM Modi's Green-Hydrogen Energy In India
Reliance Limited MD Mukesh Ambani announced to assess new technologies for making electrolyzers to produce low-cost green hydrogen in India. The announcement to seek new technologies came after PM Narendra Modi launched the green-hydrogen policy in February 2022, aiming for renewable-energy. For this, Reliance Ltd said, it will bid for any production-linked incentives the government may offer to encourage the technology. Notably, green-… read-more
Tags: Reliance Ltd, Mukesh Ambani, business, Investment, Green-Hydrogen
Courtesy: Business Standard