How a Mumbai-based CA and investment banker raised $250 million for their clients in 4 years

Chirag Jain grew up listening to his family talk about financial services. His father had started Ashika Group, a diversified financial services business. According to Chirag, the Kolkata-based company had grown into one of India’s largest financial services entities by the late nineties. Once Chirag became a CA, he joined the family business and wanted to start […]

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Google to acquire Fossil Group’s smartwatch technology for $40 million

Committed to improving its smartwatch platform, Google is buying some of the intellectual property of Fossil Group’s smartwatch technology. The two companies have entered into an agreement, where Google will purchase intellectual property (IP) related to a smartwatch technology currently under development by the Fossil Group, for $40 million. The purchase is likely to be completed by the end […]

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KETO To Invest $10 Million To Make Electric Autorickshaws In India

KETO, a joint venture between India’s ETO Motors Pvt Ltd and Hong Kong-based KYTO Green Technologies Limited, has announced an investment of $10 million in India to manufacture electric autorickshaws. The company announced its investment plan at the ongoing 8th Eco-Friendly Electric Vehicles Expo in India. The company, which showcased its flagship product for the […]

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How This Pot Lifestyle Guru Aims To Raise A Million Dollars

Jane West shows off her glass accessories line. She’s been called the “Martha Stewart of Marijuana” for her conversational tips and tricks on everything from rolling joints to entertaining with edibles to the way weed impacts parenting. Now cannabis lifestyle expert Jane West is charting new territory as one of a handful of entrepreneurs in the […]

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Varthana raises $3 million from Dell Foundation to expand its school transformation program

Varthana provides loans from Rs5 lakh to Rs1 crore for private schools at prevailing market rates. Bengaluru: Bengaluru-based school finance company Varthana has raised $3 million in funding from the Michael and Susan Dell Foundation to expand its school transformation program (STP). The programme is aimed at improving the quality of learning in private schools by […]

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Everstone Group raises investment in Servion Global to $74 million

Mumbai: India-focused private equity firm Everstone Group has raised its investment in Servion Global Solutions Ltd to around $74 million on the back of strong revenue growth and a jump in profitability at the Chennai-based customer experience management (CEM) firm. Evertech Pte Ltd, a technology investing platform of Everstone Capital and investment firm Solmark Inc., […]

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Everstone Group raises investment in Servion Global to $74 million

Mumbai: India-focused private equity firm Everstone Group has raised its investment in Servion Global Solutions Ltd to around $74 million on the back of strong revenue growth and a jump in profitability at the Chennai-based customer experience management (CEM) firm. Evertech Pte Ltd, a technology investing platform of Everstone Capital and investment firm Solmark Inc., […]

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