Page 2 - Investment

Switch Mobility plans £300 mn investment for EVs in UK and India

British Prime Minister Boris Johnson praises the company's investments in the UK and India

Indian SaaS to reach $100 bn in revenues by 2026, surpass China: Report

Continued momentum in the creation of SaaS unicorns will propel India to surpass China and become the 2nd largest SaaS nation in the world, says report

Edtech entrepreneur Ashwin Damera invests Rs 240 cr in InnoVen Capital Fund

Damera is co-founder of Eruditus and Emeritus, a leading global ed-tech platform currently valued at $3.2 billion

Nepal finance minister invites non-residents to open dollar accounts

The Nepal government has urged Nepalese residing in foreign countries to open dollar accounts in banks in the country and make investments amidst the economic crisis in the Himalayan nation.

Tamil Nadu to create 10,000 more startups by 2026, says Tansim CEO

Tansim is the nodal agency for start-ups in Tamil Nadu and is working on a new start-up policy to boost the new investor eco-system in the state.

Nazara Technologies invests $2.5 mn in US-based Bitkraft Ventures

The announcement comes at the back of its recent partnership with Griffin Gaming Partners, in which Nazara has committed to invest $4 million.

Vested Finance raises $12 mn in series A funding round led by Ayon Capital

The company has processed more than $250 million in transactions in 2021 and also tripled the deposits on the platform in 2021.

Tata Housing plans Rs 1,200 crore investment for premium housing

Tata group's real estate arm Tata Housing plans to invest around Rs 1,200 crore over the next two years to acquire land outright and through joint ventures across major cities to develop group housing projects as well as for plotted development, which has gained traction amid the COVID pandemic. In an interview with PTI, Tata Realty and Infrastructure CEO & MD Sanjay Dutt noted that the demand for plots has increased significantly during the pandemic and highlighted that the company has sold all 157 plots in Bengaluru for Rs 130 crore. Tata Housing Development Company Ltd and Tata Realty and Infrastructure Ltd are 100 per cent subsidiaries of Tata Sons. Tata Housing has recently launched a project 'Swaram' at Devanahalli in Bengaluru, Dutt said, adding that the plots were sold out within 36 hours of its launch. "We sold all 157 plots for Rs 130 crore," he said. The project is a part of Tata Housing's 140 acre township 'Carnatica' developed by One Bangalore Luxury Projects LLP, a ..

Long-awaited four labour codes may not come up before June-end

In the case of the labour codes, apart from the states, the Centre too is required to frame rules

India Sotheby's Realty invests Rs 5.5 cr in data analytic firm CRE Matrix

Property consultant India Sotheby's International Realty said it has made a strategic equity investment in data analytic firm CRE Matrix to offer more and better advisory services to its clients.

Warren Buffett ends drought with $11.6 billion Alleghany purchase

Alleghany, the owner of reinsurer Transatlantic Holdings, would expand Berkshire's large portfolio of insurers

SoftBank in talks with Tatas, Mahindra for stake buy in subsidiary: Misra

Japanese investor SoftBank Investment Advisers is in talks with Tatas and Mahindras for a stake buy in one of their subsidiaries, a top official said on Friday.

JNPT to invest Rs 4,300 crore under the PM Gati Shakti project

The nation's largest container port JNPT on Friday said it will invest around Rs 4,300 crore under the PM Gati Shakti project to develop the second phase of the fourth terminal and an SEZ.

Nazara to invest Rs 30 cr to Griffin Gaming Partners Fund II over 3 years

Digital gaming and sports company Nazara Technologies through its wholly-owned subsidiary Nazara Technologies FZ LLC has committed an investment of Rs 30 crore in Griffin Gaming Partners Fund II.

Lending app Money View raises $75 mn from Tiger Global, Accel, others

Money View has raised USD 75 million in Series-D funding from Tiger Global, Winter Capital, Evolvence India and Accel, along with other investors

Ukraine crisis: Exodus of firms from Russia reversing 30 years' investment

Foreign energy majors have been pouring in money since the 1990s

Pune-based Pinnacle Mobility to launch EKA brand e-buses in 2-3 months

Plans to invest Rs 2,000 crore over the next five years as it seeks to build a portfolio of EVs in the last-mile mobility segment

IndiaMART invests Rs 91.42 cr, takes stake to 16.53% in Fleetx Technologies

Fleetx.io has raised a total of Rs 145 crore in this round, led by IndiaMART along with participation from existing investors IndiaQuotient and BEENEXT

United Arab Emirates, India to sign trade, investment deal on Friday

UAE de facto ruler Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi will witness the signing of the UAE-India Comprehensive Economic Partnership Agreement (CEPA).

US official discusses investment opportunities in Andamans with Lt Guv

United States Consul General at Chennai, Judith Ravin, met Andaman and Nicobar Islands Lieutenant Governor Admiral (Retd.) D K Joshi