Indian Beehive
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IRDAI grants insurance startup Covrzy broking license
The Insurance Regulatory and Development Authority of India (IRDAI) has allowed Bengaluru-based insurtech startup Covrzy to operate under a direct…
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Preity Zinta and Shubman Gill partnered as co-founders for gym chain DRIVE FITT
To strengthen the Indian fitness market, Bollywood actress Preity Zinta and Indian cricketer Shubman Gill have partnered to co-found the…
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Healthtech company OneCare acquired by Acko in all cash deal
In an all-cash transaction, the insurtech startup Acko purchased OneCare, a digital chronic care management provider. According to a press…
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Principal elements of the Union Budget affecting modern economy
The Union Budget 2024–25 was presented by Finance Minister Nirmala Sitharaman on Tuesday. It has provisions for MSMEs, startups, ease…
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Poland-based salmon company Koral acquired by Captain Fresh
Captain Fresh, a seafood supply chain company, has purchased Koral, a Polish manufacturer and distributor of branded salmon products. The…
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Pneucons secured undisclosed Pre-series funding from Tarun Mehta
Driven solely by social media engagement, Pneucons, a B2B industrial marketplace startup, has closed its undisclosed pre-series investment round. Tarun…
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Through AgriManch accelerator, FAAD Capital invests in four agritech startups
As part of their AgriManch accelerator program, early-stage venture capital firm FAAD Capital has made four strategic investments totaling $121,000…
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IPO-bound Unimech Aerospace raised $30 M maiden funding from multiple investors
As part of its private placement round, Unimech Aerospace has raised Rs 250 crore ($30 million) from Steadview Capital Mauritius…
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Nykaa to issue non-convertible debentures to raise $15 M
Nykaa, an online marketplace for fashion and beauty products, is using non-convertible debentures to raise Rs 125 crore, or roughly…
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Education finance firm Auxilo raised additional $12 M debt funding
The non-banking financial corporation (NBFC) Auxilo, which focuses on education, has raised debt financing totalling Rs 100 crore, or about…
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