1:35 P.M.
Indian startups raise USD 16.9 bn VC funding in 2021, next only to China
Indian startups got USD 16.9 billion of venture capital funding in 2021, next only to Chinese counterparts in the Asia-Pacific (APAC) countries, GlobalData said Friday.
An analysis of GlobalData’s financial deals database reveals that a total of 828 VC funding deals were announced in India during January-July 2021 while the total disclosed funding value of these deals stood at USD 16.9 billion, PTI reported.
1:25 P.M.
AGS Transact Tech files draft papers with Sebi to raise Rs 800-cr via IPO
Payment solutions provider AGS Transact Technologies has filed preliminary papers with capital markets regulator Sebi to mop-up Rs 800 crore through an initial share-sale, PTI reported.
The initial public offering (IPO) is purely an offer-for-sale of equity shares by promoter and other selling shareholders, according to the draft red herring prospectus (DRHP).
1:19 P.M.