BusinessStartups

1mg closes $70 million in Series D funding

The Gurugram-headquartered online pharmacy 1mg has closed $70 million in Series D funding. World Bank investment entity IFC and European family office Corisol Holdings are the lead investors in 1mg funding round.A group of VCs led by Redwood Global – Korea…
Business

MyGlamm raises Rs 100 cr from Bessemer Venture Partners

Bengaluru, NFAPost : MyGlamm, beauty and makeup products brand founded by Darpan Sanghvi, raised Rs 100 led by Bessemer Venture Partners (BVP). The company sells products including lipstick, eyeshadow and makeup kits, on its website, as well as by partners with offline…
Business

Japanese Industrial Township attracts investment

Japanese Industrial Township, coming up in the Vasanthanarasapura Industrial Area (VIA) , is expected become one of the Japanese investment hub. Spread over 519.5-acre area, JIT is exclusive facility to host Japanese businesses in the southern state. Toyota…
BusinessWorld

Facebook Honours Kerala Student

NFAPost, Thiruvanthapuram : KS Ananthakrishna, 19, a B.Tech student at Pathanamthitta Mount Zion College of Engineering College in Kerala, has been honoured for fixing a serious error in instant messaging app WhatsApp. According to sources, Ananthakrishna found a bug…
Business

US regulators approve new Silicon Valley stock exchange

The US Securities and Exchange Commission approved the creation of the Long-Term Stock Exchange (LTSE), a Silicon Valley-based national securities exchange. Sources in the Bay Area said technology entrepreneur and start-up adviser Eric Ries had approached the SEC in…