Ola raises $222.5 million in fresh funding round

Last Updated: Tuesday, September 15, 2015, 12:00

An industry source said the funding was part of an overall $500 million the company is planning to raise, which will value Ola at around $5 billion.

Zomato raises $60 mn from Vy capital, Temasek

Last Updated: Tuesday, September 8, 2015, 09:33

This makes Zomato's total funding to $225 million with its latest round, and it comes from only four investors - Info Edge, Sequoia India, Vy Capital, and now Temasek.

SBI not averse to fund start-ups

Last Updated: Sunday, August 30, 2015, 12:25

"We are open to engage with start-ups...This will be a strategic one wherein we can invest in a financial sector company which could help us," a senior bank official said over the weekend.

Comply with rules on funding schemes: Par panel to Finmin

Last Updated: Thursday, August 13, 2015, 22:24

A Parliamentary panel on Thursday asked the Finance Ministry to take "bold and innovative" steps to ensure compliance of financial rules with regard to funds allocated for various schemes.

MobiKwik aims to process $5 bn transactions in next 2 years

Last Updated: Monday, August 10, 2015, 17:55

Bullish on increasing user base, mobile payment solution provider MobiKwik aims to process transactions worth USD 5 billion in the next two years.

Greek banks to re-open on Monday

Last Updated: Friday, July 17, 2015, 10:51

Greek banks, which have remained shut since June 29, are due to re-open on Monday, after the ECB raised the level of emergency funding available.

ECB raises emergency funding to Greek banks by 900 mn euros

Last Updated: Thursday, July 16, 2015, 20:33

The increase corresponded to the amount requested by the Bank of Greece, Draghi said.

Mobikon raises $2.3 mn to fuel India,South East Asia expansion

Last Updated: Wednesday, July 15, 2015, 21:51

Jungle's portfolio in India include companies like LivSpace, Pokkt and Zipdial (acquired by Twitter).

Saavn gets $100 mn funding from Tiger Global, others

Last Updated: Tuesday, July 7, 2015, 20:57

Music streaming company Saavn has closed a USD 100 million (about Rs 634 crore) funding round, led by Tiger Global Management.

BankBazaar.Com raises Rs 375 crore in fresh funding round

Last Updated: Thursday, July 2, 2015, 17:10

Financial marketplace BankBazaar.Com on Thursday announced it has raised Rs 375 crore (USD 60 Million) in a third strategic round of funding led by Amazon with participation from Fidelity Growth Partners and Mousse Partners.

Essar Oil UK gets new long term working capital funding

Last Updated: Wednesday, June 24, 2015, 18:37

Essar Oil UK, which owns and operates the Stanlow Refinery in Ellesmere Port, Wednesday said it has finalised a new long term working capital facility to fund purchase of crude oil.

Sebi to soon come out with crowd-funding norms

Last Updated: Wednesday, June 24, 2015, 18:07

Capital market regulator Sebi is expected to come out soon with crowd-funding norms to help young entrepreneurs and small groups of people raise funds.