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INTRCITY FUNDING
ETtech Deals Digest: Startup funding drops 59% to 12 deals this weekAccording to data from Tracxn, February saw startups raise $516 million across 82 rounds, versus $551 million across 109 rounds in January.
01 Mar, 2024, 07.28 PM IST
Payment firms and KYC compliance; Cabinet nod for Tata chip unitDespite the regulator’s insistence on adhering to prescribed norms, many payment firms seem to be lax in conducting bank-grade KYCs. This a...
01 Mar, 2024, 07.56 AM IST
Mobility platform IntrCity raises Rs 37 crore in fundingThe firm had last raised Rs 100 crore in a funding round in February 2020 at an about Rs 700 crore post-money valuation. The latest funding...
29 Feb, 2024, 07.41 PM IST
Big banks eye QR codes amid fintechs’ credit push; Google’s Prabhakar Raghavan on AI regulation & future of searchWith fintechs such as Paytm and PhonePe entering the credit ecosystem, ICICI Bank, Axis Bank, HDFC Bank and others are trying to get mercha...
22 Jun, 2023, 08.11 AM IST
Blume Ventures makes first close of $25 million for new opportunity fundBlume will use three-fourths of the corpus to purchase assets held by its existing funds, giving investors in those funds an exit option, t...
22 Jun, 2023, 06.00 AM IST
ET Prime Women Leadership Awards 2023: Unveiling our eminent juryWe are thrilled to announce the names of eminent personalities across banking and finance, investment, tech and entrepreneurship, law, unif...
11 May, 2023, 06.24 PM IST
Infra status, rationalisation of GST on hospitality sector's Budget 2023 wish listWhile tourism and hospitality in India are currently witnessing a boom, the industry still requires government’s support to fully recover, ...
21 Jan, 2023, 09.52 PM IST
PM Gati Shakti scheme, e-passports with chips & ECLGS initiative: Budget 2022 is a mixed bag for travel industryMany experts believe the Budget didn't include any special relief to the sector.
03 Feb, 2022, 12.56 PM IST
Mobility startup IntrCity sees spike in demand as bus travel peaks to an all-time highThe platform is doing five lakh bookings a month with an annualised rate of $80 million in consumer spending, as travel picks up across Ind...
30 Oct, 2021, 11.47 AM IST
IIFL Wealth to open Rs 750 crore fund-of-funds for tech betsAlthough investments through fund-of-funds are common in the West, especially in the Silicon Valley, it has yet to pick up pace in India
21 Dec, 2020, 10.25 PM IST
Samsung Venture Arm may deliver $10 million to SwiggyLast week, Swiggy announced that Naspers had led a $113-million funding round, which is part of a larger $150-million fundraise being under...
25 Feb, 2020, 08.29 AM IST