For example, March 2020’s largest deals were health and fitness startup Cure.fit raising $114 million led by Singapore’s sovereign wealth fund Temasek and lender Vivriti Capital raising $50 million led by swiss investor LGT Lightstone Aspada. However, these deals had term sheets as early as November last year, according to an investor aware of the matter. … [Read more...] about Coronavirus impact: Startup funding falls 50% in March
"The group is committed to assist the central and state government and the local authorities in all possible ways to deal with the pandemic. We are also using our group R&D facilities to look at ways of easing the shortage of critical medical equipment's, including ventilators, Respiratory equipment and other sanitation/hygiene equipment. … [Read more...] about Coronavirus pandemic | Kalyani Group pledges Rs 25 crore to PM-CARES Fund
If you are facing a financial crunch due to the Coronavirus Disease’s (COVID-19) economic impact, you can now dip into your employees’ provident fund (EPF) corpus to survive the crisis. After Finance Minister Nirmala Sitharaman’s announcement on March 26 permitting such withdrawals, the Employees’ Provident Fund Organisation (EPFO) has now operationalised the process for facilitating this withdrawal. It is termed ‘non-refundable advance’ in official parlance. … [Read more...] about COVID-19: How much can you withdraw from your EPF?
The Rs 1.07 lakh crore package, announced by Finance Minister Nirmala Sitharaman on March 26, depends on Aadhaar-linked Jan Dhan bank accounts to deliver the direct benefit transfer (DBT) schemes to 80 crore poorest Indians over a three-month period, effective immediately. … [Read more...] about Coronavirus pandemic | Govt relief package may not reach the poor – here is why
On the lending side, Rupifi has two non-banking lenders on board and is looking to clinch partnerships with banks. It is also ready to take around 5 percent of the loans into its own books, mainly to show some skin in the game as well as learn about credit underwriting faster.Time to show-off your poker skills and win Rs.25 lakhs with no investment. Register Now! … [Read more...] about Rupifi raises undisclosed pre-seed round from Ashneer Grover, Kunal Shah and others