Agri-tech firm Arya.ag raises $60 million from Asia Impact, Lightrock and others
Medilytix Research: Agri-tech firm Arya has raised $60 million in a mix of equity and debt round. While the equity round was led by Asia Impact SA, Lightrock India and…
Retailers suffer 50% drop in business in 15 days : CAIT
Medilytix Bureau: At a time when India is grappling with a third COVID-19 wave, the retail trade in the country has suffered a 50 percent drop in business over last…
Compliance tech platform IndiaFilings raises $4.3 mn
Medilytix Bureau: Business services platform IndiaFilings has raised Rs 32 crore ($4.3 million) in a pre-Series A round of investment from boutique investment banking firm CreedCap Asia Advisors, Singapore-headquartered venture…
Indian Oil Corporation to invest Rs 7,000 crore in city gas after it secures 33% market potential areas
Medilytix Bureau: Indian Oil Corporation (IOC), the nation’s largest oil firm, on Sunday said it will invest over Rs 7,000 crore in setting up city gas distribution networks in the…
Edtech firms turn enablers amid massive learning loss at schools, colleges
Medilytix Bureau: Rohin Kapoor, co-founder of edtech firm Myedge, says 2021 was a year of growth and introspection. While his firm’s revenue grew 475 percent, the bigger realisation was that…
UGC asks varsities to accept degree, mark sheets available in DigiLocker accounts as valid documents
Digital Desk: The University Grants Commission (UGC) has directed all varsities and colleges to accept degrees, marksheets and other documents available in DigiLocker accounts as valid documents. “As you are…
Edtech startup Freadom raises $2.5 million from Capital A, others
Medilytix Digital Desk: Edtech startup Freadom said that it has raised $2.5 million in a funding round led by Capital A and a clutch of marquee investors. The investors include…
January 16 to be celebrated as ‘National Startup Day’ in India: PM Modi
Medilytix Bureau: As part of the Azadi ka Amrit Mahotsav, Prime Minister Narendra Modi interacted with over 150 startups from all around the country, over a video call. He announced…
MeitY seeks applications for DLI scheme for semiconductor chip design
Medilytix Bureau: Ministry of Electronics and Information Technology (MeitY) is now seeking applications from 100 domestic companies, start-ups and MSMEs under its Design Linked Incentive (DLI) scheme, a month after…
India’s passenger vehicle exports jump 46% in Apr-Dec; Maruti Suzuki leads
Medilytix Bureau: Passenger vehicle exports from India increased 46 per cent in the first nine months of the current fiscal year, with Maruti Suzuki India leading the segment with dispatches…