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RBI introduces the ‘MANI’ mobile app for visually challenged people
Helping Visually-Impaired People The Reserve Bank of India (RBI) has launched a mobile app called ‘MANI’ to help visually-impaired people to identify the denomination of currency notes. The app ‘MANI’ ...
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Reliance’s Jio Diversifying into Mutual Funds
Working On Rolling Out Financial Services Requesting anonymity, three industry officials aware of the development said, Billionaire Mukesh Ambani’s Reliance Jio Infocomm Ltd could foray into distributing mutual funds and ...
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Airtel, Vodafone-Idea march slowly; while Jio aims bigger: TRAI’s October reports
The Numbers Game The latest data provided by TRAI (Telecom Authority of India) showed the current position of the telecom companies. The Mukesh Ambani led telecom operator Reliance Jio yet ...
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Tesla acquires $1.29 billion Loan for Shanghai Factory
Tesla Approaching China Tesla, one of the biggest names in the automobile industry, has finally decided to move swiftly and expand outside the United States. The company that has revolutionized ...
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Tesla’s New Gigafactory Coming-up in Shanghai with the Help of Chinese Banks
The company raised $1.4 million in loans Tesla has sourced over $1.4 billion in the financing, the capital has been loaned form several Chinese banks. The fresh funds will be ...
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HomeLane Raised $30 Million in Series D Round of Financing to Expand Home Décor Services
Some new investors along with existing ones participated HomeLane, the start-up coming out of IT city Bangalore provides people with home renovations and interior design services that have raised $30 ...
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ZestMoney Secures $15 Million in Series B Round of Financing
This round was led by Goldman Sachs ZestMoney, the firm originated from Bangalore reported that it got funded from one of the largest banks of America, Goldman Sachs. It raised ...
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Byju’s Earned Net profit of $2.8 Million for Financial Year 2018-19
The company is aiming revenue of $422 million by 2020 Byju’s, the e-education start-up released a statement in which it revealed the net profit of $2.8 million. The total revenue ...
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Licious in a Series E round of Financing Raised $30 Million to Expand Its Meat Processing Business
Vertex Growth Fund led this round of financing The Bangalore based firm Licious known for providing fresh meat and seafood online has raised around $30 million. The new funds will ...
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Carsome Gathered Around $50 Million in Series C Round of Financing
The fund will help in strategic planning and execution The Malaysian enterprise for trading users’ cars, Carsome has raised $50 million in the Series C round of financing. The funds ...
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Ehang Entering Primary Market in the US to Raise Funds for Growth
The company aims to raise around $46.4 million through IPO Ehang Holdings Limited, the Chinese drone manufacturer wants to raise $46.4 million through initial public offerings in the US market. ...
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Shadowfax Raised $60 Million in Series D Round of Financing
This round of financing led by Flipkart Wal-Mart owned Flipkart has participated in financing $60 million in an Indian startup Shadowfax. The investment will reinforce the logistic support network in ...
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