5 Trekking Places For Adventure Lovers

All of us want to have a little adventure to bring in the spice required in our life. And many of us love adventures, as it gives the thrill and energy which often disappear from our daily routine. So, to…

Tatas Enter Airports Business, To Invest In GMR Unit

A consortium of Tata Group, a unit of Singapore’s sovereign wealth fund GIC and SSG Capital Management will invest₹8,000 crore ($1.2 billion) to buy a stake in GMR Airports Ltd, which runs India’s biggest airport. The deal will pump ₹1,000…

iQIYI Targets Raising $1.1B In Convertible Bonds

Video-streaming firm iQIYI, backed by search engine giant Baidu, returned to the capital markets on Wednesday with a $1.05 billion six-year convertible bond, in what is the second-largest such deal by a U.S.-listed Chinese company. The deal is also the…

Japan’s GameWith Invests In e-Sports Startup GamingMonk

E-sports startup GamingMonk Entertainment Pvt. Ltd said it has raised $100,000 (Rs 69 lakh at current exchange rate) from Japanese firm GameWith, Inc., which owns and operates a game information website. GamingMonk was founded by Amity University graduates Abhay Sharma…

Manufacturing Services, Zetwerk Tops Up Series A Funding

Bengaluru-based Zetwerk, an online marketplace that connects buyers and suppliers for manufacturing jobs. It has raised $9 million (Rs 62 crore at current exchange rates) in a fresh round of funding. In a press note, Zetwerk Pvt. Ltd, which operates…

Microlending Startup RedCarpet Gets Fresh Capital

Microlending startup RedCarpet Tech Pvt. Ltd has secured $3.89 million (Rs 26.81 crore at current exchange rates) in a fresh round of funding led by existing investor Lightspeed India Partners. The venture capital firm contributed $2.09 million (Rs 14.4 crore).…