Control One raises $350K in pre-seed funding round

[ad_1] AI-first robotics start-up, Control One, has raised $350K in pre-seed funding from a group of investors in the United States and India. Investors include Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder, Wakefit), Amit Singh (Ex-MD, Avendus Capital), and Silicon...

Swiggy secures shareholders’ nod to raise over ₹10,400 cr via IPO

[ad_1] Food and grocery delivery major Swiggy has received shareholders' approval for an initial public offering to raise ₹10,414 crore fund through issue of fresh equity shares and an offer for sale, according to sources. A special resolution was passed...

Swiggy gets shareholders’ nod for $1.2 billion public offering

[ad_1] Bengaluru-based food and delivery company Swiggy has received a go-ahead from its shareholders for its initial public offering (IPO), as per regulatory filings. The company is looking to raise up $450 million in fresh capital, and has an offer-for-sale...

RBI status quo, likely dampener for long-duration fund investors

[ad_1] The likelihood of the Reserve Bank of India (RBI) holding rates steady for much of this fiscal could be a dampener for investors in long-duration funds. Distributors and advisors sold long-duration funds to investors in the past year anticipating...

HDFC MF stops fresh inflows into Realty Index fund

[ad_1] HDFC Mutual Fund has stopped fresh investment in the HDFC Nifty Realty Index Fund days after it was opened up for further investment and redemption post the New Fund Offer period. The NFO started on March 7 and closed...

Net SIP inflows remain static despite surge in gross influx

[ad_1] The net inflow into mutual funds through SIP remained static at 43 per cent or ₹8,248 crore last month despite the gross inflows touching a new high of ₹19,187 crore as the stoppage of existing SIP continue to increase.Also...

Investors vote against Religare Enterprises proposals

[ad_1] The shareholders of Religare Enterprises have voted against both the company’s proposal to invest in its subsidiary MIC Insurance Web Aggregator and the proposal changes to the Article of Association.Also read:All disclosures on MIC investment made: Religare EnterprisesWith regards...

Broker’s call: Craftsman Automation (Buy)

[ad_1] Target: ₹5,082CMP: ₹3,924.35Post recent correction, Craftsman Automation Ltd (CAL) looks quite attractive to us given all the fundamental drivers remaining intact. This correction provides a great opportunity for investors to enter into quality auto ancillary names like CAL which...

Bharat Highways InvIT ends 2% higher on listing day

[ad_1] Units of Bharat Highways InvIT made a decent debut at the bourses. Against IPO price of ₹100, the units were listed at ₹101 and rose further to hit a high of ₹104 before closing at ₹103.05 on the BSE....

New MF distributor portability norms to trigger competition, hit income

[ad_1] The new mutual fund distributor portability norms may leave distributors with no commission during the six months mandatory cooling-off period, leaving them high and dry especially if investors trigger multiple switches.Also read: Why this multi-asset fund is good investment...
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