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RBI's missive to online payment firms; CEO shuffle at startups - Vimarsana News

RBI's missive to online payment firms; CEO shuffle at startups

Happy Monday! The countrys central bank has asked payment companies to flag high-value suspicious transactions amid the ongoing general elections. This and more in todays ETtech Morning Dispatch.

Dhruva Space raises Rs 78 cr from IAN Alpha Fund, Technology Development Board, existing investors, ET Telecom - Vimarsana News

Dhruva Space raises Rs 78 cr from IAN Alpha Fund, Technology Development Board, existing investors, ET Telecom

Dhruva Space has completed four missions in the last two years. In these, it has sent eight payloads and will send another six soon, Nekkanti said. “We have also leveraged an ecosystem of about 500-plus space-vetted vendors.”

Dhruva Space: Dhruva Space bags $9 million from IAN Alpha Fund, others - Vimarsana News

Dhruva Space: Dhruva Space bags $9 million from IAN Alpha Fund, others

Dhruva Space founder and CEO Sanjay Nekkanti told ET the Hyderabad-based startup will use the capital infusion, of which Rs 44 crore was in debt, to set up the first phase of its 2.8 lakh sq ft spacecraft manufacturing facility in the city.

Alium Capital preps first new fund in seven years - Vimarsana News

Alium Capital preps first new fund in seven years

The Sydney investor is targeting wealth groups and superannuation funds for its new private and public equity fund.

Source: afr.com
111 PMS schemes gave over 50% return in FY24; here's what top money managers have to say - Vimarsana News

111 PMS schemes gave over 50% return in FY24; here's what top money managers have to say

Three strategies gained over 100% during the year; Invasset LLP’s Growth Pro Max strategy was the top gainer, delivering a 128.47% return to HNIs.