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UNITUS CAPITAL NEWS
Metafin secures $5 million funding from Prime Venture Partners, othersThe Gurugram-based company will use the funds to expand across states, improve its loan book, enhance its technology and IoT stack, and hir...- Unitus Capital raises Rs 140 crore for its venture capital fundThis is the first tranche of the total planned fundraise of Rs 350 crore under UC Impower Fund, targeted at investing in financial services...
- Flipkart drives Walmart’s international revenue; go hardcore or go home, Elon Musk tells Twitter staffDouble-digital growth in Flipkart was a key driver of Walmart International’s 13% jump in sales in the September quarter, the US company sa...
- SC says no conclusive proof on Pegasus; IT firms juggle myriad issuesThe Supreme Court said while the panel found no conclusive evidence that Pegasus was used on the 29 phones it examined, the petitioners had...
- Shiprocket looks to land $200m; ecomm firms begin festive season hiringShiprocket, a company that collects goods from online businesses and sends them to delivery companies, is finalising a new round of funding...
- RBI won't drop card storage clause, Cred's lending push, Cars24's new fundraiseThe Reserve Bank of India's new norms will prohibit merchants from storing card details and payment operators from offering one-click check...
- India’s used-car overdriveCars24 is in the final stages of closing a $300-350 million funding round at a valuation of $2 billion, underscoring the investor interest ...
- New global investors are betting on tech in post-pandemic IndiaAt least 40 new investors have backed Indian technology companies this year, according to data shared by Venture Intelligence.
- Vikram Akula’s attempt to return to SKS Microfinance rests on Rs 250 crore trustsEarlier, Akula and some SKS board members vehemently disagreed on how these trusts should be governed.
- Angel Network sets up social impact investment armAngel investors are now seeking to invest in socially relevant enterprises at the seed-stage as they see an opportunity to make high return...
- Rising borrowing costs leave microfin cos in a spotFor microfinance institutions (MFIs), bad news is coming in threes. First, the Reserve Bank of India (RBI) hiked capital requirement. This ...
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