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Nitish

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News

September 11th, 2018 An unnamed Indian billionaire's daughter has been dubbed the "poshest" student in the UK after it was claimed that her family is hiring 12 staff members to help her during her studies at a Scottish university. The first-year student at the University of St Andrew on the east coast of Scotland will have a house manager, three...
Story

August 30th, 2018 Whenever any venture takes its course of action, a medium of employment is created. And in a country like India where the population is soaring high, every opportunity is a ladder of success. And to strengthen the roots of sales platform in India, Avenue Growth brings in a concept of overall growth and opportunity to all rotatory...
Story

August 26th, 2018 Raksha Bandhan, also known Rakhi, is an annual rite in South Asia, especially in India centered around the tying of a thread on the wrist as a form of ritual protection. On Rakshabandhan, brothers promise their sisters to protect them from every bad thing and make her secure in life. This year, we found out brother-sister duo bond in...
ACQUISITION

August 22nd, 2018 Digital lending firm Capital Float has acquired Pune-based fintech firm Walnut (Thumbworks Technologies) in a deal amounting to USD 30 million (about Rs 208.6 crore). Walnut offers a personal finance management mobile app that helps users to automatically track spends, bank and card balances, bill payments, and split expenses within a...
INDIA

August 20th, 2018 Employees' Provident Fund Organisation "EPFO" of India reveals that as many as 47.13 lakh jobs created during September 2017 to June this year. However, the number is lowered by 12.38 percent, from 44.74 lakh to 39.20 lakh member for September 2017-May 2018 period of new members enrolment. According to the payroll data released by...
FUNDING

August 17th, 2018 Mumbai based GAIA Bespoke, a one-stop destination for women’s tailor-made Western wear, raises a recent round of funding from Angel Investor Sanjib Jha, Lead Advisor at SIDBI/World Bank and former founding CEO of IntelleGrow. The brand will strengthen its operations followed by planned expansion to other cities. Founded...
News

August 12th, 2018 S D Shibulal, the former CEO and one of the co-founders of Infosys has announced that some of his family members have sold 1.6 million equity shares (representing 0.074% of the paid-up equity share capital) of Infosys on the stock exchanges. Earlier we published a report that some of the Infosys founders are planning to sell their...
ACQUISITION

August 12th, 2018 India's one of the leading hotel booking platform OYO acquires online wedding marketplace platform Weddingz in a cash-and-stock deal. Though the amount of the deal has not been disclosed. This is the third acquisition of Softbank backed company in this year. The Gurgaon based company acquired 100% stake in the wedding platform. The...
FUNDING

August 11th, 2018 Bengaluru based Scooter Sharing platform Metro Bikes, renamed now ‘Bounce’, has raised $12.2 million series A funding led by Sequoia India and Accel Partners. Raghunandan G, Founder of TaxiForSure, and other angel investors have also participated in this round. The funding will use to scale up its network of 2,000 scooters in...
FUNDING

August 9th, 2018 Gurugram, August 9, 2018: GoWork, the world’s largest collaborative co-working ecosystem, recently announced its plans to raise $200mn from PE investors during its next funding. GoWork is a thriving ecosystem for entrepreneurship and aims to utilize the funds acquired to realize its massive expansion plans, which includes launching at...
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