Alternate Financing Platform Trifecta Capital Announces Launch Of Debt Fund-III
Trifecta Capital, an alternate financing platform for startups, has announced the launch of its third venture debt fund, Trifecta Venture Debt Fund – III. The Trifecta Venture Debt Fund – III,…
VC Firm Accel Launches Atoms Program To Back Early-stage Indian Startups
VC firm Accel has launched a pre-seed funding program called Atoms and will invest $250,000 in Indian startups without taking any stake in the company (or uncapped convertible). Under this initiative, the…
BIRAC To Launch Incentive Scheme To Support 75 Startups In Digital Health, Telemedicine
Biotechnology Industry Research Assistance Council (BIRAC) will soon launch a special incentive scheme to support 75 startups in areas of telemedicine, digital health and artificial intelligence. Science and Technology Minister…
Nazara Technologies Acquires Skill-based Gaming Platform OpenPlay
Nazara Technologies, a gaming and sports media platform, has acquired Hyderabad-based skill-based gaming company OpenPlay for about Rs 186 crore. As per the regulatory filing, Mumbai-based Nazara will acquire a…
[Mobility Industry Trends 2021] Factors Driving The Future of Mobility Industry In India
COVID-19 outbreak started unexpected complications within the mobility industry in India, leaving sector stakeholders to think about new and innovative business models. The Indian mobility sector always needed a change…
MeitY Launches SAMRIDH Programme To Fund 300 Early-stage Startups
The Ministry of Electronics and Information Technology (MeitY) has launched the Startup Accelerator for Product Innovation, Development & Growth (SAMRIDH) programme to support the Indian startup ecosystem. Under this programme,…
IPO-bound Delhivery Acquires Bengaluru-based Spoton Logistics
Gurugram-based Delhivery has acquired Bengaluru-based Spoton Logistics for an undisclosed amount to strengthen its existing B2B capabilities. As part of the transaction, Samara Capital and Xponentia, which together acquired Spoton…