by BabyOrgano Raises $150K in Pre-Seed Funding to Fuel Innovation and Expansion in Ayurvedic Babycare
BabyOrgano, a pioneering Ayurvedic babycare startup, has raised $150K in pre-seed funding. The funding round was led by DevX Venture Fund, with participation from angel investors. The funding will be used to fuel innovation and expansion for BabyOrgano. The company plans to develop new products, expand its distribution network, and reach more parents with its safe, natural, and effective Ayurvedic babycare products.
Read More…BabyOrgano Raises $150K in Pre-Seed Funding to Fuel Innovation and Expansion in Ayurvedic Babycare
Ice Cream Brand Go Zero Bags Funding From DSG Consumer Partners, V3 Ventures, Others
Go Zero, a guilt-free ice cream brand has raised funding from DSG Consumer Partners, V3 Ventures, Bombay Shaving Company co-founder Mohit Agarwal, and others. The funding will be used to expand Go Zero’s product line, increase its distribution network, and reach more consumers with its guilt-free ice cream products.
Read More..Ice Cream Brand Go Zero Bags Funding From DSG Consumer Partners, V3 Ventures, Others
Bollywood Singer Sukhbir Singh Backs Vegan Wellness Brand Fitspire
Bollywood singer Sukhbir Singh has backed vegan wellness brand Fitspire. Singh has invested an undisclosed amount in the company and will also be its brand ambassador. Fitspire is a vegan health and wellness brand that offers a range of products, including plant-based protein powders, bars, and snacks. The company also offers a subscription service that provides users with a customized plan of vegan products based on their individual needs.
Read More…Bollywood Singer Sukhbir Singh Backs Vegan Wellness Brand Fitspire
Zest Money Gets Relief As Existing Investors Pump In Capital
Zest Money, a troubled buy now, pay later (BNPL) startup, has received a much-needed lifeline from its existing investors. The company has raised $5-7 million from its existing investors, including Sequoia Capital India, Ribbit Capital, and Matrix Partners India.
Read More..Zest Money Gets Relief As Existing Investors Pump In Capital
ONDC Preps To Walk The Fintech Route, Floats Specs For Onboarding Financial Services
The Open Network for Digital Commerce (ONDC) is gearing up to walk the fintech route. The government-backed initiative has floated specifications for onboarding financial services on its platform.
Read More..ONDC Preps To Walk The Fintech Route, Floats Specs For Onboarding Financial Services
SEBI Mulls Disclosure Requirements For Unlisted Companies
The Securities and Exchange Board of India (SEBI) is mulling disclosure requirements for unlisted companies. The move is aimed at increasing transparency and accountability in the unlisted space.
The proposed disclosure requirements would cover a range of areas, including:
- Financial statements
- Corporate governance practices
- Related party transactions
- Material events
Read More..SEBI Mulls Disclosure Requirements For Unlisted Companies
Cleartrip and Flipkart Health+ receive certification from BSI India
Cleartrip and Flipkart Health+ have received certification from BSI India for their information security management systems (ISMS). The certification is a testament to the companies’ data security and privacy commitment. BSI India is a leading certification body in India. The company’s ISMS certification is based on the ISO/IEC 27001 standard, which is the international standard for information security management systems.
Read More..Cleartrip and Flipkart Health+ receive certification from BSI India
InsuranceDekho appoints Divya Mohan as the Chief Human Resources Officer
InsuranceDekho, a leading digital insurance platform in India, has appointed Divya Mohan as the Chief Human Resources Officer (CHRO). Mohan will be responsible for leading the company’s human resources function and will be a member of the senior leadership team.
Read More...InsuranceDekho appoints Divya Mohan as the Chief Human Resources Officer
Cyient Joins Hand with Microsoft to Establish ‘EnGeneer’
Cyient, a leading global digital engineering and technology solutions company, has joined hands with Microsoft to establish ‘EnGeneer’, a Center of Excellence for Engineering Intelligent Products and Automating Engineering Processes.
Read More..Cyient Joins Hand with Microsoft to Establish ‘EnGeneer’
Schneider Electric and Samridhi Group sign MoU to offer sustainable smart home solutions
Schneider Electric, a leading global digital transformation company, has signed a Memorandum of Understanding (MoU) with Samridhi Group, a leading real estate developer in India, to offer sustainable smart home solutions to its customers.
Read More…Schneider Electric and Samridhi Group sign MoU to offer sustainable smart home solutions
Sebi is looking to introduce ‘MF Lite’ regulations for passive funds
The Securities and Exchange Board of India (Sebi) is looking to introduce ‘MF Lite’ regulations for passive funds. The move is aimed at making passive funds more accessible to retail investors. Passive funds are funds that track a particular index, such as the Nifty 50 or the Sensex. They are known for their low fees and low volatility.
Read More..Sebi is looking to introduce ‘MF Lite’ regulations for passive funds
Indian-Origin Vaibhav Taneja Appointed Tesla’s Chief Financial Officer
Tesla, Inc., an American electric vehicle and clean energy company, has appointed Indian-origin Vaibhav Taneja as its new Chief Financial Officer (CFO). Taneja will be replacing Zachary Kirkhorn, who will be stepping down from the role after four years.
Read More..Indian-Origin Vaibhav Taneja Appointed Tesla’s Chief Financial Officer
PWC Rsigns As Auditor Of Paytm Payment Services
PricewaterhouseCoopers (PwC) has resigned as the auditor of Paytm Payment Services Limited (PPSPL). The resignation comes after PwC raised concerns about the company’s financial reporting practices.
Read More..PWC Rsigns As Auditor Of Paytm Payment Services
BYJU’S, Davidson Kempner Initiate Talks To Resolve Dispute Over AAKASH: Report
BYJU’S and Davidson Kempner Capital Management have reportedly initiated talks to resolve their dispute over the acquisition of AAKASH Educational Services. The two companies have been locked in a legal battle since March, when Davidson Kempner alleged that BYJU’S had breached the terms of their $1 billion deal to acquire AAKASH.
Read More…BYJU’S, Davidson Kempner Initiate Talks To Resolve Dispute Over AAKASH: Report
North East Venture Fund Has Invested INR 56 Cr In 37 Startups: Govt
The North East Venture Fund (NEVF) has invested INR 56 crores in 37 startups in the North Eastern region of India. The fund was set up by the Government of India in 2019 with a corpus of INR 100 crores. The NEVF invests in early-stage startups in the North Eastern region that have the potential to create jobs and promote economic development. The fund has invested in a wide range of sectors, including agriculture, healthcare, education, and technology.
Read More..North East Venture Fund Has Invested INR 56 Cr In 37 Startups: Govt
Key Highlights Of Digital Personal Data Protection Bill, 2023, Passed By The Lok Sabha
The Lok Sabha has passed the Digital Personal Data Protection Bill, 2023. The bill is a comprehensive piece of legislation that aims to protect the privacy of individuals in the digital age.
Read More..Key Highlights Of Digital Personal Data Protection Bill, 2023, Passed By The Lok Sabha
Article By CA Pankaj Dara
