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MG Motor India share price: CCI clears IndoEdge's stake purchase in MG Motor India, other deals

The acquisition of shares in MG Motor India will grant InfoEdge India Fund 8.70% of the voting and economic rights, according to a statement by the antitrust regulator. The acquirer is a large value fund for accredited investors, a scheme by IndoEdge which is a contributory determinate trust registered with the Securities and Exchange Board of India as an alternative investment fund, it said.

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IndoEdge gets CCI clearance to acquire 8 pc stake in MG Motor India

IndoEdge gets CCI clearance to acquire 8 pc stake in MG Motor India
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Most payment firms falling short on KYC; Cabinet approves Tata chip unit

Despite the regulators insistence on adhering to prescribed norms, many payment firms seem to be lax in conducting bank-grade KYCs. This and more in todays ETtech Morning Dispatch.

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Mobility platform IntrCity raises Rs 37 crore in funding

The firm had last raised Rs 100 crore in a funding round in February 2020 at an about Rs 700 crore post-money valuation. The latest funding round happened at a higher valuation, cofounder Kapil Raizada told ET in an interaction, without giving exact numbers.

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IntrCity raises Rs 37 crore in Series C round

IntrCity raises Rs 37 crore in Series C round
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IntrCity raises ₹37 crore in series C round led by Mirabilis Investment Trust

IntrCity raises ₹37 crore in series C round led by Mirabilis Investment Trust
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Startup news and updates: Daily roundup (February 29, 2024)

Startup news and updates: Daily roundup (February 29, 2024)
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Infosys co-founder's family office backs RailYatri parent IntrCity

Inter-city mobility platform IntrCity has raised an additional Rs 37 crore ($4.5 million) in its Series C funding round. The new tranche was led by ......

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