Sequoia Capital: Sequoia Raises $2.85 Billion in India and Southeast Asia | Business news from India
MUMBAI: Sequoia Capital has raised $2.85 billion to fund Indian and Southeast Asian startups, the venture capital firm said Tuesday, looking beyond the current investment weakness in new businesses in the region. The fundraiser is Sequoia’s largest ever for India
NEW DELHI: Amid reports by the US electric car major that Tesla has put on hold its plan to sell its products in India, Union Transport Minister Nitin Gadkari said on Saturday the government had never been in favor of
DEHRADUN: According to reports, a 24-year-old woman who worked in the cleaning department of a 5-star hotel in Dehradun was raped by a 15-year-old boy who was staying there with his family Kalyan Das. According to police, the accused comes
The central government is considering a link between India Post Payments Bank and leading messaging platform WhatsApp to offer a variety of banking and financial services, a report said. To keep up with the digital age, the government might also
NEW DELHI: The Directorate-General for Civil Aviation (DGCA) says Air India has uploaded the “provisions on denied boarding, flight delays (and others)” in its Citizen Charter. The regulator this Tuesday (June 14) had fined AI Rs 10 lakh for violating
The European Commission has recommended Ukraine candidate status for EU membership. Commission President Ursula von der Leyen said on Friday that the EU executive believes Ukraine should be granted the status on condition that it continues to implement reforms to
Money parked by Indians in Swiss banks rose to a 14-year high of 3.83 billion francs in 2021 on surges in holdings and customer deposits, the latest data from the Zurich-based Swiss National Bank (SNB) showed, released on Thursday. Money
MUMBAI: The Pension Funds Regulatory and Development Agency (PFRDA) expects enrollments from non-state subscribers to the National Pension System (NPS) to double from 9.7 lakh in March this year to 20 lakh in March 2023, with growth marking an inflection
The global rating agency Fitch has raised the outlook for four companies of the Adani Group – Adani Ports and Special Economic Zone, Adani Green Energy, Adani International Container Terminal and Adani Transmission – from negative to stable and confirmed
NEW DELHI/ GENEVA: India insists that countries importing wheat from it provide written insurance against re-export and use the grain for human consumption only. On Wednesday, the UAE ordered a four-month suspension of exports and re-exports of wheat and wheat