The FinTech Hub
Source: Business Standard 2 min read Last Updated : Aug 12 2024 | 8:02 PM IST Proptech firm Truva announced that it has raised $3 million (about Rs 25.18 crore) in seed funding led by Stellaris Venture Partners. The funding round witnessed participation from Peercheque, led by Aakrit Vaish and Miten Sampat, and…
Source: Business Standard 2 min read Last Updated : Oct 07 2024 | 8:57 PM IST LC Nueva Investment Partners has announced its second venture, LC Nueva Momentum Fund, with total target corpus size of Rs 250 crore. LC Nueva Investment Partners is a partnership between Singapore’s Lighthouse Canton and Delhi-based Nueva Capital….
Source: Live Mint Fast-moving consumer goods (FMCG) companies (largely staple companies) have struggled to improve their volume growth in the last few years due to sluggish demand growth, especially in rural areas. Domestic brokerage LKP Securities noted large consumer staple companies reporting an average mid- to high single-digit volume growth between FY20-24, unlike a few…
Source: Live Mint Behind the allure of a lump-sum insurance payout lies a harsh reality: many families struggle to manage it wisely, often exhausting it too quickly. Aditya Birla Sun Life Insurance (ABSLI) and Policybazaar are aiming to change that with their new ABSLI Income Suraksha Plan, which offers a steady monthly income for beneficiaries…
Source: Bitcoinist Bitcoin’s Open Interest (OI) has been experiencing significant growth lately, with several experts reporting that the metric has surged to a new all-time high. However, Alphractal, an investment data analysis platform, has addressed the claims, noting that open interest in BTC is yet to reclaim its current peak. Open Interest In Bitcoin Remains…
Source: Business Standard The Indian equity market had an exceptional last week, with both the Nifty and Sensex hitting their all-time high levels. (Photo: Shutterstock) 3 min read Last Updated : Sep 15 2024 | 10:16 AM IST The US Federal Reserve’s interest rate decision is the biggest event that would drive sentiments in…
Source: Live Mint Power Grid Corp. of India Ltd has got a fillip from an upturn in transmission sector capex with projects under execution more than doubling over the past year. The order book has got a further leg-up with the award of letters of intent for two projects this month, including one on Wednesday….
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
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Source: The Verge In the wake of pivoting its business strategy to include robotaxis and driver assist, Nuro is taking its fully autonomous vehicles to new geographic areas. The California-based company, which currently operates a small fleet of driverless vehicles in California and Texas, said it would grow its operational design domain and expand the…
Source: Venture Beat CONTRIBUTOR CONTENT: MARS is empowering surgeons with enhanced control, reducing patient recovery times, and streamlining hospital operations through innovative magnetic technology. Dr. Alberto Rodriguez-Navarro is advancing minimally invasive surgery with his innovative technology, the MARS Surgical System. “Our purpose as a company is to develop… Read Full Article
