World Bank approves $1 billion aid to India to fight Coronavirus
The World Bank have reportedly approved a benefaction of $1 billion towards India Covid-19 Emergency Response and Health Systems Preparedness Project.
India
Funding rounds, acquisitions, regulatory shifts, and major business developments from across the Indian startup and technology landscape.
Singapore’s MatchMove acquires stake in e-commerce solutions provider Shopmatic
Matchmove, a Singapore-based fintech firm yesterday signed an agreement to acquire a stake in the global e-commerce solutions platform Shopmatic
Infosys Foundation commits INR 100 Cr for Covid-19 relief
Infosys Foundation, CSR arm of Infosys is deploying a total of INR 100 crore ($13.2 million) for Coronavirus relief
Salman Khan extends support to 25,000 daily-wage workers of the film industry
Bollywood superstar Salman Khan has gaged to support 25,000 daily-wage workers of the film industry amid the nationwide lockdown
India’s tennis star Sania Mirza teams up with NGO ‘Safa Society’ to fight Coronavirus
India's tennis sweetheart Sania Mirza joins hands with an NGO named Safa Society in a move to help daily-wage workers amid Covid-19 lockdown
Bengaluru-based edtech startup Unacademy acquires Kreatryx
Unacademy that offers online video-based training and live sessions across 30 exam categories in India has acquired another edtech startup Kreatryx
PhonePe launches donation drive to contribute INR 100 Cr towards PM CARES Fund for Coronavirus relief
Flipkart-owned PhonePe today announced about its social drive contributing INR 100 crore towards PM CARES Fund for Coronavirus relief.
Software goliath Zoho files lawsuit against SaaS giant Freshworks for trade secret misuse
India's software behemoth Zoho Corporation on March 17 filed a lawsuit against Freshworks for 'Trade Secret Misappropriation'.
ShopClues now offering daily essentials in a move to surpass Coronavirus lockdown
ShopClues has recently announced that the company has opened its doors to offer all required essentials amid the countrywide coronavirus lockdown
Bengaluru-based B2B trading unicorn Udaan raises $30 Mn from Trustroot
Bengaluru, India-based B2B trading platform Udaan today raised $30 million from its Singapore-based parent Trustroot Internet Pvt. Ltd.
India’s Vedanta announces INR 100 Cr fund to combat Coronavirus
India's metals and mining conglomerate Vedanta Ltd on Sunday announced setting up of an INR 100 crore fund in a move to join forces to combat Coronavirus.
Mumbai-based fintech startup Fintso raises $2.6 Mn funding
The 3-month old Mumbai-based deep-tech PaaS Fintso, that offers a B2B2C solution to the wealth management industry on Wednesday (18 March) raised $2.6 Mn