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Stock market update: Stocks that hit 52-week lows on NSEAsian Paints, HCL Tech, Wipro, Power Grid and Infosys were among the top losers on NSE.- Higher rates on new deposits set to hurt banks’ margins in coming quarters, says UCO Bank MD Soma Sankara PrasadState-run UCO Bank's Managing Director and CEO, Soma Sankara Prasad, says that now Indian banks are most likely to take a hit on their marg...
- Private Equity firm Kedaara Capital picks majority stake in derma chain OlivaFounded by Dr. Prashant Soma in 2009, Oliva grew from a four centre Hyderabad-based operation to a network of 23 centers across seven citie...
- Kedaara Capital acquires majority stake in Oliva Skin & Hair ClinicThis is Kedaara’s third investment in the single speciality healthcare segment, and the transaction will provide an exit to InvAscent, whic...
- ChatGPT’s popularity to help AI-powered content creation platform in India: Writesonic's Samanyou GargWritesonic is a Y-Combinator backed AI writing and image generation platform and has raised $2.5 million.
- GroMo raises $11 million in funding from SIG Venture Capital and othersThe other key investors include Y-Combinator, Das Capital, Goodwater Capital, Beyond Next Ventures, Soma Capital, Ace & Company and Hauz Kh...
- YC-backed Better Opinions raises $2.5 million in funding from Metaplanet VC, othersThe company will use the funds to build and expand its product and technology team, and for marketing, and user growth.
- YC-backed Better Opinions raises $2.5 million in funding from Metaplanet, othersThe company will use the funds to build and expand its product and technology team, and for marketing, and user growth.
- UCO Bank gets shareholders' nod to raise equity capitalThe shareholders have approved "equity capital raising plan of the bank during the financial year FY23 through issue of up to 100,00,00,000...
- Fintech startup SaveIn raises $1.1 million in funding led by Bayhouse CapitalFounded in 2020 by Jitin Bhasin, Anurag Varma and Gaurav Luthra, SaveIn caters to healthcare needs by offering financing and credit options...
- YC backed Better Opinions raises over $1 million in pre-seed round from Java Capital and Soma CapitalBetter Opinions is an event trading platform that allows users to trade their opinions on events in several categories such as cricket, foo...
- Social commerce startup Gobillion nets $2.9 million funding led by YCombinatorThe startup will use the funds to ramp up its business expansion plans, launch more categories, and strengthen its operations, product deve...
- PropReturns raises $1.2 million from Y Combinator, GoodWater Capital, Soma CapitalPropReturns is a real estate investment platform that enables investors to purchase rent-yielding commercial properties across India.
- Why freedom fighter Birsa Munda's village in Jharkhand is still in fettersThe only redeeming feature about the village is a smooth concrete road under the Pradhan Mantri Gram Sadak Yojana that connects the decrepi...
- Valley bigwigs pour Rs 10 crore into daily consumables startup Supr DailyThe Mumbai-based firm was selected for global accelerator Y Combinator's programme as part of its winter batch.
- Soma Enterprises raises $100 mn from StanChart and L&T FinanceStandard Chartered has invested $70 mn through NCDs and compulsory convertible bonds. L&T Infrastructure Finance Company, is believed to ha...
- Agri-business projects worth Rs 1,653 cr to come up in PunjabPunjab has received investment proposals worth Rs 1,653 crore in agro-business vertical.
- Developers may securitise road projects to raise fundsCash-starved highway developers are planning to keep their completed toll road projects as security with banks and financial institutions t...
- Soma Networks secures $51-mn as equity financeMobile WiMax products and professional services provider Soma Networks said it has secured an additional $51-million equity finance.
- Soma Networks secures an additional finance of $51-mnMobile WiMax products and professional services provider Soma Networks said that it has secured an additional $51-million of equity financi...
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