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Funding

Axis Mutual Fund Launches Axis S&P BSE Sensex ETF, NFO Opens Today

The open-ended exchange-traded fund will track S&P BSE Sensex TRI. The minimum investment is Rs. 5,000, and the new fund offer will remain open till March 15, 2023

10 March 2023

Government Retains 7.1% Interest Rate On GPF For Q4

Government Retains 7.1% Interest Rate On GPF For Q4

In the previous quarter ended December 31, the GPF interest was similar at 7.1 per cent

04 January 2023

National Pension Scheme

Are You An NPS Subscriber Aged 60 Or Older? Know The Full Withdrawal Process

If you are 60 years or older and have an account under the National Pension System (NPS), you can withdraw the accumulated funds in a lump sum or annuity.

24 November 2022

OnFinance

OnFinance Closes Pre-Seed Funding Round With An Undisclosed Amount From HNIs & Marquee Investors

The new funding will be used to continue to improve the user experience and expand the company's offerings to investors. OnFinance plans to remain a leader in the investment technology industry by providing advanced...

17 February 2023

Parents Can Contribute To A Child's PPF Account, But Total Annual Deposits By Each Member Shouldn't Exceed Rs 1.5 lakh

Parents can contribute to a minor child's public provident fund (PPF) account, but the aggregate of deposits made by each member cannot exceed the threshold of one lakh fifty thousand rupees in a year

26 November 2022

5 Ways To Deploy Your Diwali Bonus Wisely

If you’ve received a Diwali bonus, don’t spend it all. Spend some, and save some for other needs. Here are five ways in which you could use it

09 October 2022

Tata Multicap Fund Wagers On Growth Outlook, Stability; NFO Opens Today. Should You Buy It?

Tata Multicap Fund will track the Nifty 500 Multicap 50:25:25 TRI for performance, with an aim to generate long-term capital appreciation from equity-related securities across market capitalisation.

16 January 2023

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Five Large-Cap Stocks That Saw Highest Capital Inflows From Fund Houses In August

Ambuja Cements, Kotak Mahindra Bank, Maruti Suzuki India Limited, Zomato, and National Thermal Power Corporation (NTPC) saw the highest capital inflows among large-cap stocks from mutual fund houses in August

22 September 2022

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15 September 2022
What Are Passive Mutual Funds? Do They Carry Risks?

What Are Passive Mutual Funds? Do They Carry Risks?

Passive mutual funds typically mimic the index constituents, and they often generate returns similar to the benchmark index.


19 August 2022
National Pension System: What Are Pension Fund Managers And How Do They Function?

National Pension System: What Are Pension Fund Managers And How Do They Function?

The PFRDA has appointed Tata Pension Management Limited as the latest pension fund manager under the NPS. But what are pension fund managers and what are their...


02 August 2022
Ronnie Screwvala’s upGrad Acquires Noida-Based Exampur

Ronnie Screwvala’s upGrad Acquires Noida-Based Exampur

upGrad had acquired online learning institution Harappa Education in July 2022 for $38 million


26 July 2022
Arable Raises $40 Million In Series C Financing

Arable Raises $40 Million In Series C Financing

The agritech start-up doubled the size of its team in the last year and added offices in Bangalore and Sao Paulo  


23 July 2022
Fi Raises $45 Million In Series C Funding Round 

Fi Raises $45 Million In Series C Funding Round 

The neo banking start-up will allot 2,32,980 Compulsory Convertible Preference Shares to existing investor Alpha Wave Ventures for this fundraising 


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22 July 2022
Auxano Capital Launches $25 Million Fund 

Auxano Capital Launches $25 Million Fund 

The Auxano Entrepreneur Trust Fund will invest in the emerging megatrends across fintech, enterprise SaaS, sustainable mobility and agritech


21 July 2022
Westbridge Capital Raises $1.5 Billion To Invest In Indian Start-Ups

Westbridge Capital Raises $1.5 Billion To Invest In Indian Start-Ups

The investment firm has invested in multiple Indian businesses across public and private markets, including unicorns like LeadSquared, PhysicsWallah and Vedantu


20 July 2022
Amazon Smbhav Venture Fund, Fireside Ventures Lead Fitterfly’s $12 Million Series A Funding Round

Amazon Smbhav Venture Fund, Fireside Ventures Lead Fitterfly’s $12 Million Series A Funding Round

The health-tech start-up will utilise the funds to expand the reach of Diabefly, its digital diabetes management program


20 July 2022
AnyMind Group Raises $29.4 Million in Series D Funding 

AnyMind Group Raises $29.4 Million in Series D Funding 

The commerce enablement company has acquired seven companies in several countries, including India, Japan, Hong Kong and Thailand


20 July 2022
B Capital Closes $250M Early-Stage Fund of Ascent Fund II

B Capital Closes $250M Early-Stage Fund of Ascent Fund II

The global multi-stage investment firm has $6.5 billion in assets under management across multiple funds


19 July 2022
Eka Care Raises $15 Million In Series A Led by Hummingbird Ventures

Eka Care Raises $15 Million In Series A Led by Hummingbird Ventures

3one4Capital, Mirae Assets, Verlinvest, Aditya Birla Ventures, Binny Bansal and Rohit MA were some of the other investors who participated in this funding...


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18 July 2022
Slice's Fundraising Hits Roadblock Following RBI Directive About PPIs Loading Credit Lines

Slice's Fundraising Hits Roadblock Following RBI Directive About PPIs Loading Credit Lines

After entering the unicorn club last year, the fintech was trying to raise an additional $50 million through a new funding round


09 July 2022
Why Indian SaaS Start-Ups Continue To Be Sizzling Hot In Funding Winter That's Killing Many

Why Indian SaaS Start-Ups Continue To Be Sizzling Hot In Funding Winter That's Killing Many

The pandemic spurred the demand of SaaS products and the expansion in the number of offerings—both horizontal and vertical—in the space is a good...


01 July 2022
Entrepreneur First Raises $158m In Series C Funding

Entrepreneur First Raises $158m In Series C Funding

Founded by Matt Clifford and Alice Bentinck a decade ago, Entrepreneur First now employs more than 120 people around the world to help find and support the...


23 June 2022
Chaayos Raises $53 Million For Business Expansion

Chaayos Raises $53 Million For Business Expansion

Founded in 2012 by Nitin Saluja and Raghav Verma, Chaayos runs 190 stores across 6 cities and plans to add another 100 by the end of 2022


25 May 2022
Alternative Investment Funds To Grow 25% By 2025, Says Report; What's Making Them Popular?

Alternative Investment Funds To Grow 25% By 2025, Says Report; What's Making Them Popular?

Alternative Investment Funds (AIFs) are privately-pooled investment vehicles that collect funds to invest according to a defined policy for the benefit of...


04 May 2022
Nifty 50 Based ETFs, Index Funds Cross Rs 2 Lakh Crore In AUM

Nifty 50 Based ETFs, Index Funds Cross Rs 2 Lakh Crore In AUM

The Nifty 50 index-linked passive funds account for 40 per cent of total passive funds AUMs in India. Also, 82 new passive products were launched in FY22


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