Manufacturing

Tata Motors To Set Up Separate Division For EVs With INR 500 Cr Investment-(07/02/2020)

After Mahindra and Mahindra, original equipment manufacturer and Indian automobile giant Tata AutoCorp is also planning to localise the production of electric vehicles (EV) components and set up a new plant. For this, Tata AutoCorp plans to invest INR 500 Cr

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Ecommerce

Amazon Infuses $310 Mn In India Business After Bezos’ $1 Bn Promise-(06/02/2020)

After Amazon founder and CEO Jeff Bezos recently announced $1 Bn investments for India, its Indian entity has now received fresh funds from two different subsidiaries of the company

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PropTech

Square Yards Acquires Azuro To Enter Property Rental, Management Biz-(06/02/2020)

Gurugram-headquartered proptech startup Square Yards, on Thursday (February 6), announced that it has acquired Mumbai-based rentals and property management platform Azuro

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Hospitality

OYO Strengthens Europe Business With TUI Vacation Homes Acquisition-(06/02/2020)

Hospitality giant OYO has acquired Germany-based TUI’s vacation homes tour operator business for an undisclosed amount in a bid to increase its presence in the European market

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Fintech

Unitus Ventures Invests $1 Mn In Fintech Startup SuperMoney-(06/02/2020)

Mumbai-based fintech startup SuperMoney on Thursday (February 6) announced that it has raised $1 Mn in pre-Series A funding from early-stage investor Unitus Ventures

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FinTech

PayU Cofounder Shailaz Nag’s Fintech Startup Dot Raises $8 Mn Seed Funding-(06/02/2020)

After months of speculations around the launch of Dot, serial entrepreneur Shailaz Nag has now announced that his new startup has raised $8 Mn in seed funding        

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AgriTech

Waycool gathers $35 million from Lightbox and others-(07/02/2020)

Venture capital firm Lightbox has led a $35-million (about Rs 250-crore) equity and debt funding round in Chennai-based agritech supply chain company WayCool Foods

ECONOMICTIMES