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Gaming startup EsportsXO raises $1.1 mn in seed round EsportsXO, a SaaS-based competition platform created for gaming enthusiasts, received a US$1.1 million seed round from Mumbai Angels Network, a platform for early-stage investors...

IBEF December 31, 2021

More first-time investors bet big on desi startups in 2021 The number of first-time investors, who invested in Indian companies, increased to 1145 in 2021, nearly double of similar investors in 2019, as per data research firm Tracxn...

IBEF December 30, 2021

GlobalBees enters unicorn club with $111.5 mn funding led by Premji Invest GlobalBees, an e-commerce roll-up startup, has raised US$111.5 million in series B fundraising headed by Premji Invest, thus becoming the third such startup to join the unicorn club in past few months...

IBEF December 30, 2021

RIL's retail arm to acquire Future Group's key businesses for Rs 24,713 crore Reliance Retail Ventures Ltd. (RRVL) plans to acquire Future Group’s retail, wholesale, logistics and warehousing businesses for Rs 24,713 crore (US$ 3.51 billion)....

IBEF August 31, 2020

Singapore govt invests Rs 450 crore in Phoenix Mills share sale The Government of Singapore has invested Rs 450 crore (US$ 63.84 million) in the latest qualified institutional placement (QIP) offering of mall developer Phoenix Mills Ltd....

IBEF August 24, 2020
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