Page 3 - Devesh Sachdev News Today

MedPlus Health Services, RateGain, 4 others get SEBI nod for IPOs

The other firms that have received the approval to float their Initial Public Offerings (IPOs) are Prudent Corporate Advisory Services, Tracxn Technologies and real estate developer Puranik Builders.

Rezo.ai’s got Delhivery as its first client in 2019. Last week, the logistics startup’s co-founder Bhavesh Manglani became invested in its seed round.

Tatas Curefit play, Govts WhatsApp reply Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch Well soon meet in your inbox. / Morning Dispatch Good morning, The Tata Group is on a digital spending spree. After picking up majority stakes in BigBasket and 1mg, the conglomerate is now in talks to buy health and fitness start-up Curefit and snag its co-founder Mukesh Bansal to boot. Robo-advisory becomes unviable Tata picks up more ammo for battl...

Noida-based conversational AI startup Rezo.ai said that it plans to use the funding for product development and entering new markets.

Fusion Microfinance raises 10 million euro in debt from BIB SECTIONS Share Synopsis The capital will help the Delhi-based MFI to on-lend to women borrowers from low-income households, increasing their access to finance. Getty Images Northern Arc Capital facilitated the deal. KOLKATA: Fusion Microfinance has raised 10 million euro (about Rs 88 crore in local currency) in debt from Bank im Bistum Essen (BIB), a Germany-based cooperative bank. Its BIBs first ever debt funding in India as the over...

Northern Arc raises Rs 88 crore ECB from German coop bank Finance/ Representational Image Digital debt platform Northern Arc Capital has syndicated an ECB transaction worth 10 million euros or about Rs 88 crore for Fusion Microfinance from the German cooperative bank Bank Im Bistum Essen (BIB), making it the maiden debt funding in the country for the German lender. The funding will help the Delhi-based Fusion Microfinance in furthering financial inclusion and help alleviate the economic impact...