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samarth life funding: Elder-care firm Samarth Life raises Rs 12 crore from Aroa Venture Partners, others

Elder-care startup Samarth Life raises Rs 12 crore in a funding round led by Aroa Venture Partners. The funds will drive growth, enhance infrastructure, and cater to the needs of the elderly community. Samarth Life aims to achieve a revenue target of Rs 12 crore this year.

India , Delhi , Kozhikode , Kerala , Gaurav-agarwal , Asheesh-gupta , Sanjay-ahuja , Anuradha-das-mathur , Zhooben-bhiwandiwala , Certificate-programme-in-data-science-machine , Aroa-opportunities-fund , Indian-school-of-business

ED smells Fema trouble in Paytm bank; legal breather for Byju's

The Directorate of Enforcement is probing potential violations of forex laws linked to entities using Paytm Payments Bank. More stories around the fintech in todays ETtech Morning Dispatch.

Manipal , Karnataka , India , Bengaluru , Anmol-jain , Hemant-bakshi , Shaktikanta-das , Hasup-shah , Nirmala-sitharaman , Byju-alpha , Ranjan-pai , Aakash-educational-services-ltd

Bottomline: Accel-backed Power2SME's FY23 revenue rises, but at a cost

Business-to-business industrials marketplace Power2SME’s topline grew in the financial year through March 2023 even as its net loss increased slightly, VCCircle has learnt.

The company – ......

Nandan-nilekani , Accel-backed-power , Kalaari-capital , Inventus-capital , Startups , Ower2sme , Andan-nilekani , Fc , Alaari-capital- , Nventus-capital , Ccel-india

Construction management SaaS provider LivSYT secures $2.5 mn in seed round

Construction management SaaS provider LivSYT secures $2.5 mn in seed round
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SoftBank may sell 2.54% stake in PB Fintech worth ₹874 crore via a block deal

SoftBank held 4.39% stake in PB Fintech as of June 2023.

Yashish-dahiya , Alok-bansal , Softbank , Vision-fund , Masayoshi-son-led , Mahindra-capital , Steadview-capital , Tiger-global , Inventus-capital , True-north , Whatsapp-channels , Pb-fintech

Softbank Offloads 2.5% Stake In PB Fintech

Softbank Offloads 2.5% Stake In PB Fintech
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

Japan , Mauritius , Mumbai , Maharashtra , India , Japanese , Societe-generale , Alok-bansal , Yashish-dahiya , Python-ii-cayman-ltd , Max-life-insurance-company , Softbank

CIIE-backed gradCapital floats second micro-VC fund to bet on student startups


Bengaluru-based micro-venture capital firm gradCapital on Friday said it has launched its second fund of $6 million (Rs 49.6 crore) to back student-run startups. 

gradCapital, which ......

India , Bengaluru , Karnataka , Prateek-behera , Abhishek-sethi , Kanwal-rekhi-inventus , Ankur-warikoo , Exchange-board-of-india , Bain-company-india-venture-capital , Alagu-periyannan , Kanwal-rekhi , Inventus-capital

Has FundsIndia's pivot brought mutual fund distributors back into the limelight?

Taking a leaf out of the insurance business playbook, the company plans to scale its distributor-led model for better client connect and higher returns, while helping them with research and other operational support.

Bengaluru , Karnataka , India , Chennai , Tamil-nadu , Vijay-kuppa , Prashant-jain , Manish-ghadhvi , Sandeep-singhal , Bandhan-mutual-fund-mf-trend , Foundation-capital , Mutual-fund

Moneycontrol Selects: Top stories this afternoon

Our specially curated package of the most interesting articles to help you stay at the top of your game.

India , Mumbai , Maharashtra , Jio-ipos , Ashton-newhall , John-denton , Stepstone-newhall , International-chamber , Man-infraconstruction-limited , Wealth-india-financial-services , Foundation-capital , Jio-financial

Digital investment platform FundsIndia sells majority stake to Westbridge Capital

The platform now intends to launch pan-India branches to support its Independent Financial Advisors and their institutional partners.

India , Girirajan-murugan , Manish-gadhvi , Srikanth-meenakshi , Star-health-insurance , Wealth-india-financial-services , Can-shriram-mutual-fund , Au-small-finance-bank , Foundation-capital , Westbridge-capital , Bajaj-finance , Independent-financial-advisors