NSE's subsidiary acquires market data provider Cogencis

Acquisition & Engagement<

The fully-owned subsidiary of the National Stock Exchange of India (NSE) - NSE Data and Analytics, has reportedly acquired Cogencis Information Services Ltd., a provider of real-time market data terminals to institutional customers., from private equity firm Samara Capital I Partners Fund Ltd, and o

From lowest in 2020 to an all time high: Sensex's journey in last 10 months

Trends & Analysis<

Since its inception in 1986, BSE Sensex on Thursday for the first time crossed 50,000-mark, beginning the new decade with a milestone.  The benchmark index stooped to record low in March 2020 owing to the coronavirus pandemic. On March 23, 2020: Sensex and Nifty logged highest lows with S

VC firm Fireside Ventures raises $118M for second fund

Investors<

Early-stage investor firm Fireside Ventures has closed its second fund, raising $118 million towards the final close of its second fund. Founded in 2017 by co-founder of Helion Venture Partners Kanwaljit Singh, Fireside Ventures has already started investing from its second fund, with around Rs 7

Furniture subscription platform Furlenco secures Rs 20 Cr from BlackSoil Capital

Funding<

Kieraya Furnishing Solutions-owned Furlenco has bagged Rs 20 crore in venture debt funding from BlackSoil Capital.  Founded by Ajith Mohan Karimpana, Furlenco is a furniture rental startup tha

Ola joins hands with Siemens to boost electric vehicle manufacturing

Corporates<

Taxi aggregator Ola has tied-up with Siemens to fasten the process of building its upcoming electric vehicle manufacturing facility.  The announcement comes at a time when the ride-hailing sta

Gurugram-based B2B startup Fashinza bags $2.6M in seed funding round

Funding<

B2B manufacturing marketplace Fashinza on Wednesday secured $2.6 million in a seed funding round led by Accel Partners and Elevation Capital, with the participation of Snapdeal co-founders Kunal Bahl

Delhi-based gaming firm Dangal Games raises $1M in Series A funding

Funding<

Online gaming platform Dangal Games on Wednesday raised $1 million in Series A funding round from a strategic investor. Founded by Varun Mahna, Dangal Games' first game PokerDangal has found its spot amongst India's top five online poker platforms, the skill-based gaming platform claims.

Sequoia-backed Indigo Paints secures Rs 348 Cr ahead of IPO

Corporates<

Sequoia Capital-backed Indigo Paints Ltd on Tuesday secured Rs 348 crore from 25 anchor investors, a day before its initial public offering. The company has given shares at Rs 1490 per share to the investors, it said in an exchange filing.  While Capital Group became the largest investor amo

Amazon rolls out startup accelerator to take Indian brands global

BUSINESS<

In a move to give a global image to Indian startups, e-commerce giant Amazon has launched an accelerator programme in association with Startup India. Amazon is reportedly looking for early-stage startups especially in the consumer products space for delivering them to the global markets. The p

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