• NEWS
    Weak position for long bond funds

    Clockwise from top: R. Sivakumar, Lakshmi Iyer, Kunal Valia, and Vishal Dhawan With bond yields on the rise, what should investors with long-term bond and government securities funds do? Experts tell Kayezad E. Adajania that a mixed portfolio or a focus on shorter tenor bond funds is the answer R. Sivakumar, head-fixed income, Axis Asset […]

  • STARTUPS
    ftcash raises funds from IvyCap Ventures, 500 Startups

    Fintech startup ftcash has raised an undisclosed amount of funding from IvyCap Ventures and 500 Startups. The company will use the proceeds from the pre-Series A round to develop products in the payment and loan categories, scaling annual transactions to Rs 1,500 crore and disbursing loans to merchants upwards of Rs 150 crore, it said […]

  • MOTIVATION
    Unocoin Technologies raises $1.5 million funds

    Previously, Unocoin Technologies had raised $250,000 in seed funding from the US-based Bitcoin Opportunity Corp. in 2014. New Delhi: Unocoin Technologies Pvt. Ltd raised $1.5 million in pre-Series A round of funding led by Blume Ventures, the company said in a statement on Friday. Mumbai Angels and ah! Ventures along international investors—Digital Currency Group, Boost […]

  • SUCCESS
    Meesho raises funds from Kashyap Deorah, Maninder Gulati, others

    Meesho creates online pages for these merchants which can be managed from its mobile app. Merchants can update products, edit the store, manage orders on these pages. New Delhi: Bangalore-based Meesho, which provides online solutions for merchants to sell through social networking platforms, on Thursday said it has raised an undisclosed amount in an angel […]

  • STARTUPS
    Yumlane raises funds from Binny Bansal, Anupam Mittal, others

    The company will invest the money in brand building, marketing initiatives and increasing its footprint. Photo: Bloomberg QwikPik Technology Pvt. Ltd, which runs food start-up Yumlane, has raised funds in a seed round from Flipkart chief executive officer Binny Bansal and People Group founder Anupam Mittal. Sachin Bhatia, co-founder of TrulyMadly, angel investor Kunal Khattar […]

  • LIFE
    Make allocation to ELSS funds based on tax saving requirement

    iStockPhoto I am 24 years old and planning to make an 80:20 allocation between equity and debt to build my mutual fund (MF) portfolio. By the end of the year, I want to have a portfolio with 34% in equity-linked savings schemes (ELSS), 46% in equity and 20% in debt. For ELSS, I am investing […]

  • STARTUPS
    Treebo Hotels in talks with Bertelsmann India to raise funds

    A hotel that has a tie-up with Treebo in Gurugram. Mumbai: Treebo Hotels, a budget hotel room-booking platform, is in advanced talks with Bertelsmann India Investments, the strategic investment arm of German media conglomerate Bertelsmann SE and Co. KGaA, for its latest round of fund-raising, said two people aware of the development who asked not […]

  • STARTUPS
    Hyperlocal delivery start-up Grab raises funds from UAE’s Aramex Ventures

    A screen shot of Grab’s website. New Delhi: Mumbai-based Grab a Grub Services Pvt. Ltd that runs hyperlocal logistics service Grab has raised debt from United Arab Emirates-based logistics firm Aramex Ventures Llc, a top executive said. “We are excited to partner with Aramex. The funding will be used to enhance our technology and roll […]

  • NEWS
    Brazil Court Blocks Facebook Funds Over WhatsApp Dispute: Report

    A court in Brazil on Thursday blocked BRL 19.5 million ($6.07 million or roughly Rs. 40 crores) in Facebook Inc funds after the US-based social networking company’s WhatsApp messaging service failed to turn over messages sought in a drugs case, the G1 news service said. Brazil’s federal police said WhatsApp has defied repeated orders to […]

  • STARTUPS
    Onspon raises funds from Swan Angel Network

    New Delhi: Mumbai-based event and brand partnership platform Onspon Services Pvt. Ltd on Monday said it has raised Rs.1 crore from Indore’s Swan Angel Network. The money will be used to scale up operations, marketing and enhancing the technology. Onspon offers a technology platform to help brands find events to partner with. It connects brands […]