“The announcement by the RBI Governor on inclusion of NBFCs in the on tap Targeted Long Term Repo (TLTRO) Scheme of the Government will be a much needed fillip for the NBFC sector after it had been reeling from a liquidity crunch since the IL&FS default in 2018 which was exacerbated by the pandemic. This is a great growth oriented and stabilising measure and in line with the NBFC sector’s demands, instead of trying to stem the liquidity to address inflation concerns.” – Tirthankar Datta, Partner, J Sagar Associates
Business
Shiprocket raises USD $27 million in Series C from Tribe Capital and March Capital…
New Delhi: Shiprocket, a Delhi, India-based eCommerce shipping platform that enables fast and cost-effective shipping for D2C retailers has raised USD $27 million (INR 200 Crore) in Series C3 funding. The round was co-led by […]
Business
B Capital Names Timur Akazhanov as General Partner
INDIA, November 19, 2024 – B Capital, a global multi-stage investment firm, today announced the appointment of Timur Akazhanov as General Partner. Mr. Akazhanov will focus on strategic growth equity investments in technology and tech-enabled […]
Business
100X.VC announces Class 06 and takes the total investment tally to 70 startups
India: 100X.VC, India’s first VC to use India SAFE Notes, has invested in 70 startups ever since 100X.VC Class 01 in December 2019. The fund is emerging as the preferred VC in India for entrepreneurs […]