Investment

WealthDesk and Open IQ to remain independent entities Walmart-backed PhonePe of Bengaluru is acquiring Mumbai's two wealth management platforms WealthDesk and Open IQ, a deal trade sources estimated at US$75 million. "PhonePe is acquiring WealthDesk (Wealth Technologies & Services Private...

Sharma wants to create agile fashion supply chain using technology WestBridge Capital, with offices in California, Bengaluru and Mauritius, and Porsus Ventures (AEX:PRX XJSE:PRX) led US$100 million Series B funding round, banking on the Gurugram-based Fashinza's roster of over 250...

Veritas believes in nurturing local talent, says Alugas Santa Clara, California-headquartered Veritas Technologies has invested in a 273,000 sq ft facility at Balewadi, Pune, saying it is a critical launchpad that will play a major role in the continued evolution...

Khuba says $196.89bn RE projects underway India is committed to increase domestic manufacturing of high efficiency Solar PV modules for which Rs.24,000 crore is required while estimated Rs.25,425 crore is needed to promote green hydrogen economy, Minister of State for...

Chakan facility reflects commitment to manufacture world class healthcare equipment in India, says Mazon Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, will further invest in India in addition to expanding its factory at Chakan, Maharashtra,...

Robust 82.6% growth in 2021-22 bilateral trade, says Ministry The 10th Session of the India-Oman Joint Commission Meeting (JCM), held on 11 May 2022 in New Delhi, has agreed on expeditious conclusion of all Memorandum of Understanding (MoUs) and pacts...

Innovation is entrenched in the DNA of Eros Investments, says Lulla Eros Investments has announced a strategic partnership with the Dubai World Trade Centre Authority (DWTCA) to operate under the world’s only specialist Virtual Asset Regulatory Authority (VARA), and enable...

Cube Highways set to be largest infra InvIT in the country Cube Highways Trust (CHT), an Infrastructure Investment Trust (InvIT) floated by Singapore-based Cube Group, plans to raise Rs.12,075 crore over the near term for its tranche 1 assets and...

Zifo has a meaningful opportunity to expand and support more organizations in their digital transformation, says Kaur TA Associates has completed a strategic growth investment in Chennai-headquartered Zifo RnD Solutions, a leading provider of scientific informatics services to help enable...

BHIVE.fund has solved the current real estate problem, says Raichura Alternative Investments Wealthtech Platform ‘BHIVE.fund’ said it has recently raised strategic investments for building comprehensive technology to scale operations, building a strong investment team, educating customers on alternative asset space...