Page 9 - Amicus Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Set up in 2015, the Gurugram-based third-party logistics (3PL) player Pickrr claims to have witnessed strong growth during the pandemic.

Capital Small Finance Bank Ltd. filed its draft red herring prospectus with the market regulator on Monday for its initial public offering. According to the prospectus, the bank intends to raise capital through a fresh issue of equity shares worth Rs 450 crore apart from an offer for sale of 38.4 lakh shares by existing shareholders.

A rule for government departments and ministries that was meant to encourage Indian companies has ended up excluding foreign firms from software and cloud-related projects, leaving many government departments with no bids for such tenders.

Logistics tech startup Pickrr announced today that it has raised $12Mn in Series B round led by IIFL, Amicus Capital and Ananta Capital. Existing investors Omidyar Network India and Guild Capital also participated in this round managed by Dexter Capital.

The change reflects that the San Francisco-based company, founded in 2013, now offers more than a dynamic pricing tool designed to maximize rental revenue for Airbnb hosts and property managers, according to a press release. Rather, the startup now offers multiple products that streamline and modernize revenue management for the short-term rental (STR) industry, including real-time performance insights, revenue forecasting, one-on-one listing reviews, direct booking sites and online travel agency syncing, the company said. “Our new brand represents an unrelenting drive and dedication to our...