MOHFL receives USD 50 mn commitment from U.S. International DFC
Mumbai, 08th April, 2022: Motilal Oswal Home Finance Ltd. (MOHFL), one of the leading new age Housing Finance Companies in India, has received a commitment of USD 50 million long term loan from U.S. International Development Finance Corporation (DFC) via External Commercial Borrowing (ECB) route. MOHFL has joined hands with U.S DFC to provide affordable housing finance to women and low-income...
Motherson acquires majority stake in CIM Tools Pvt Ltd
Mumbai – 07th April 2022 – Motherson Sumi Systems Limited (MSSL) has successfully completed the acquisition of a majority stake in CIM Tools Private Limited.
As announced earlier, MSSL has acquired a 55% stake in CIM Tools Private Limited (CIM). CIM in turn holds 83% in Aero Treatment Private Limited (ATPL) and 49.99% in Lauak CIM Aerospace (JV with Lauak International, LCA). CIM, ATPL and LCA are hereinafter referred to as “CIM Group”. The three founders, Mr. Srikanth GS, Mr. Umesh AS and Mr. Vishwanath Deshpande, retain the remaining 45% stake in CIM.
Since the initial announcement in October-21, CIM’s order book has grown 26% to ~$ 252 Mn. CIM Group’s provisional revenue in Q4 FY22 was ~INR 548 Mn, implying a strong recovery to pre-COVID levels (Revenues of INR 2,031 mn in FY20 and INR 1,296 mn in FY21)....
Digimaze raises $700k in Seed Funding
~This investment will aid in the effective usage of performance marketing and ad technology~
Mumbai, 6th April 2022: Digimaze, an Adtech performance marketing firm has recently raised $700k in seed funding. The round was led by Gautam Daftary, with participation from 10 HNI family funds such as Maninder Juneja, and Vivek Desai among others.
With the ever-evolving digital space, we aim to maximize revenue, using advanced analytical models and a data-driven approach. This...
FUNSKOOL acquires exclusive rights to manufacture ‘Sequence’ in India
~Funskool India become the official partner of Goliath Games to manufacture and distribute ‘Sequence’ across the country~
Hyderabad/Chennai April 6, 2022: Funskool India Ltd., India’s leading toy manufacturer, adds another blockbuster to their list, by acquiring the rights from international brand Goliath to manufacture and distribute their popular board game ‘Sequence’, in India.
Developed by Doug Reuter in 1981, Sequence is a combination of a board...
Nazara invests USD 2.5 Million in US Based Game Fund BITKRAFT Ventures
April 06, 2022, India: Nazara Pte. Ltd., a wholly owned subsidiary of Nazara Technologies Limited (BSE: 543280) (NSE: NAZARA) an India based, diversified gaming and sports media company announced their investment in US Based Game Fund BITKRAFT Ventures. Nazara will invest USD 2.5 Million in BITKRAFT Ventures out of which USD 0.875 Million will be invested upfront, while the balance...
Vested Finance raises USD 12 million to expand team, launch new cross-border products
The zero-commission investment platform helps Indian investors easily diversify their portfolio by investing in the world’s largest stock market
Mumbai, April 05, 2022: Vested Finance, a California-headquartered online investment platform that enables Indian investors to invest in the US stock market, has raised USD 12 million in Series A funding. Ayon Capital led the round while the company received continued...
Kotak Mahindra Mutual Fund sings ‘Go Automatic’ in its new Investor Awareness Campaign
After the success of their first Investor education and awareness program on the importance of systematic investing – Mr SIP
DSP Investment Managers launches DSP Nifty SDL Plus G – Sec Jun 2028 30:70 Index Fund for investors
DSP Investment Managers announced the launch of DSP Nifty SDL Plus G - Sec Jun 2028 30:70 Index Fund, an open-ended target maturity index fund
Rise in investments by millennial women in P2P lending by 430%: LenDenClub study
Mumbai, India's financial city, ranked top, followed by Hyderabad, the city of Nizams, in terms of the highest number of women borrowing from P2P lending platforms as per the data.
MUTUAL FUNDS SIP: HOW TO EARN MORE WITH LESSER RISK. DETAILS HERE
If you are an investor looking to invest in the markets, chances are you might have stumbled across the term – mutual fund investment. All investors, new or seasoned can enjoy the benefits of mutual fund investments by choosing the right type of mutual fund suitable for their portfolio. An investor can choose to invest in these investment options...







































