Kotak Mahindra Bank Limited, Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) and Zurich Insurance Company Limited (Zurich) have entered into definitive agreements for a transaction whereby Zurich will invest (approximately) Rs 4,051 crore to acquire a 51% stake in Kotak General Insurance through a combination of fresh growth capital and share purchase. Further,…
Nebula Microsystems, one of the fastest growing, cutting-edge analog startups, announced it has secured $15M in seed funding led by Morningside Group to launch the company and execute its vision of building an high performance analog and mixed-signal components for a wide variety of applications. The investment will primarily be used to expand Nebula’s world…
Stride Ventures, a Delhi-based investment firm that provides hands on support to startups for their financing requirements complimenting the equity raise, announced that it has led a debt round of about Rs 25 crore in Bulk MRO, a full-stack B2B platform for industrial supplies. The venture fund has also partnered with one of India’s leading…