Ontario Teachers' Fund
Posted in Business

Ontario Teachers’ Fund Receives CCI Approval for Minority Stake Acquisition in XpressBees

by SA TeamPosted on

Three points you will get to know in this article: On Thursday, October 26, the Competition Commission of India (CCI) gave the nod to the Ontario teachers’ fund’s plan to secure a minority interest in the renowned logistics powerhouse, XpressBees. In its official decree, the CCI granted approval for the acquisition of a stake in BusyBees Logistics Solution, the parent…

Nikhil Kamath
Posted in AutomobileBusinessTechnology

Nikhil Kamath’s EV Startup Investment and Potential Laptop Curb Relaxation

by SA TeamPosted on

Three points you will get to know in this article: • The development follows Ather’s recent INR 900 Cr ($108 Mn) rights issue.• Ather’s FY23 revenue soared to INR 1,806 Cr from INR 408.5 Cr in FY22.• Kamath invests in Indian startups like Nazara, Licious, Third Wave Coffee, and more. Nikhil Kamath, one of the co-founders behind Zerodha, India’s premier…

Eco-Friendly Packaging
Posted in Business

Matrix Partners India Leads $3M Investment in Eco-Friendly Packaging Startup, Cirkla

by SA TeamPosted on

Cirkla, a forward-thinking sustainable packaging startup, has successfully secured an impressive $3 million (equivalent to Rs 24.8 crore) during a pre-seed funding round. This noteworthy achievement was made possible through the strong leadership of Matrix Partners India, with valuable contributions from Stellaris Venture Partners and a cohort of esteemed angel investors. According to the startup, the raised funds will be…

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