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…
Care Ratings: Indian Pharma Industry To Surpass $60B By FY24
According to a report by Care Ratings, the COVID-19 pandemic push and rising export share will lead to an 11% annual growth for the Indian pharma industry over the next…
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…
Report: Around $17.2B Invested In Indian Startup Ecosystem By VC Firms During Jan-July 2021
As per data released by Venture Intelligence (VI) and the Indian Private Equity and Venture Capital Association (IVCA), Venture capital firms invested a total of $17.2 billion into the Indian startup ecosystem…
Indian Online Doctor Consultation Market Expected To Reach $836 Million By 2024
According to a recently published report titled-Outpatient Healthcare Market in India by Praxis Global Alliance, the Indian online doctor consultation market is expected to grow at a 72% CAGR to…
Facebook Partners With Indifi To Provide Easy, Collateral-free Loans To SMBs
Facebook India has launched a ‘Small Business Loans Initiative’ programme and partnered with online lending platform Indifi to provide easy, collateral-free loans to small and medium businesses (SMBs). The announcement was made…
CropIn Partners With True Digital For Agritech Solutions In Southeast Asia
AI-led agri-focused saas platform CropIn has partnered with True Digital Solutions to enable the digital transformation of the agriculture ecosystem in Southeast Asia. The partnership aims to empower farmers in…
Government To Scale Up Network of Incubators And Accelerators To Encourage Startups
Ashwini Vaishnaw, Minister for Electronics and IT, on the occasion of `Azadi Ka Amrit Mahotsav’, said the government is committed to scaling up the network of incubators and accelerators massively…
Report: PE/VC Investments Reach All-time High Of $9.5B In July 2021
According to a report by industry lobby IVCA and consultancy firm EY on monthly PE/VC investment activity, investments by private equity and venture capital funds doubled to a record high…