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Peaceful Progress Sets a Rs. 50 crore Angel Fund to Invest in New Startups

A new Rs 50 crore fund has been launched by Peaceful Progress, an angel investment firm that specialises on early-stage investments in startups.This Category-I Alternative Investment Fund (AIF), registered with SEBI, intends to contribute roughly Rs 3 crore to...

Lighthouse Funds to tap the growth potential of Indian economy, with a new fund

According to a report, Lighthouse Funds, a private equity firm that has been making investments in India since 2008, intends to establish a new $400 million fund.The new fund, which is geared towards the nation's rapidly expanding consumer brands...

Payment Aggregators can reapply for a license now: RBI

Payment aggregators (PAs) whose applications were turned down now have a second chance to submit an application for a licence through the Reserve Bank of India (RBI).According to the central bank, "it has been agreed to offer another opportunity...

India Poised to be a $300B Bioeconomy by 2023

India has a target of 300 billion US Dollars in Bioeconomy by 2030, according to Union Minister of State (Independent Charge) for Science and Technology, Minister of State (Independent Charge) for Earth Sciences, and Minister of State (Independent Charge)...

5 Sectors that Tops Foreign Direct Investment in India

India is rapidly emerging as a preferred country for foreign direct investment, specially in the manufacturing sector. Singapore and the USA were the 2 top nations that invested in India's growth story.Despite the ongoing pandemic and global developments,...

Shilpa Shetty, new investor cum brand ambassador for Fast&Up, Chicnutrix

Fast&Up and Chicnutrix, two D2C nutraceutical companies that are owned by Fullife Healthcare, have received an undisclosed investment from Shilpa Shetty.In accordance to the agreement, Shetty has joined these brands as a brand ambassador and will endeavour to enhance and...

Xponentia Rs 100Cr Opportunities Fund to invest in emerging Startups

PE Firm Xponentia looks to invest up to INR 100 Cr in 8-10 startups through its second fund, According to a report, under the second fund. The PE Firm has completed the first closure of its second fund, Xponentia...

UpGrad bets big on enterprise tech; Acquires Harappa Education

Unicorn UpGrad, is augmenting its growth through acquisition strategy. To consolidate its strength, it has acquired Harappa Education for $38 million (INR 300 crore) in cash and stock.The acquisition of upGrad will enable upGrad to consolidate its strength in...

Indian digital news portals to have a new registration mechanism

The digital news portals registration landscape is about to mark a change in India. According to reports, the Indian government is in the process of presenting a Bill to the Cabinet that will implement a new registration system for...

Lightspeed New $500M fund to double startup investments in India

Lightspeed Venture Partners has laid out aggressive plans to grow its startup sector investments in the South East Asia Region, with a focus on Indian Startup Market. To implement this strategy, the Venture Firm has closed a $500 million...

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