SBICap Ventures’ Neev fund invests $5 million in Punjab Syst

Neev Fund has invested $5 million (Rs 35.4 crore) in biomass company Punjab Renewable Energy Systems Pvt. Ltd, making it the 10th investment for the private equity fund. Biomass is organic matter which is most of the time used as…

‘Building from scratch, building for scale’- Geetanjali Kapoor

This International Women’s day we are going to cover a story of Selfmade Entrepreneur , a Mother and a Social activist !!   ‘You are a woman, why do you want a loan? Why don’t you ask your father or…

Only 6 Countries Give Women And Men Equal Work Rights

In a report by the World Bank, it has been mentioned that only 6 countries give equal legal work rights. The list includes Belgium, Denmark, France, Latvia, Luxembourg and Sweden. The business and law 2019 report by the bank measured…

Zomato Opens Hyperpure Warehouse

Zomato announced the launch of a first-of-its-kind, 30,000 sqft Hyperpure warehouse in Bengaluru. This move will enable the company to offer a wide range of fresh and high-quality food products to over 2,500 restaurants every day. Hyperpure by Zomato supplies…

Razorpay In Talks With Sequoia, Others For $75m

Payments solution provider Razorpay is reportedly in talks with the American venture capital firm Sequoia Capital and others to raise around $75-$100 million, a media report said. Following the fundraiser, Razorpay will be valued at about $425-$450 million, according to…

Lenskart Puts Aside Rs 71 Crore To Build Its Contact Lens Unit

Lenskart has earmarked $10 million (about Rs 71 crore) towards building its contact lens business, with the TPG-backed, omnichannel eyewear solutions company bringing on board a senior executive from Bausch and Lomb to head the vertical. The company has named…

India’s ShareChat In Talks To Raise $200m Funding

ShareChat, a regional language video and picture sharing app, is in initial talks with Tencent Holdings Ltd. Other investors to raise as much as $200 million, according to two people familiar with the matter. The Bengaluru-based social media startup, run…

Puma Emerges As India’s Top Sportswear Brand

Puma reported sales of the year emerges the brand as India’s Top Sportswear Brand. Puma’s reported sales of Rs 1157 crore in a duration of 12 months. It has also retained its market position amongst the top sportswear brand. It…