FloBiz, neobank for Indian SMBs, raises $31 Mn in Series B from Sequoia Capital India, others

Bhubaneswar : FloBiz, a neobank for the growing Indian SMBs, has raised $31 million in Series B round led by Sequoia Capital India, Think Investments and its existing investors Elevation Capital & Beenext. The capital will be deployed for team expansion, product development and scaling distribution to serve more businesses. FloBiz will also focus on…

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Jio Welcomes the Government of India’s Reforms to Strengthen the Indian Telecom Sector

Bhubaneswar: Jio heartily welcomes the reforms and relief package announced by the Government of India, as these are a timely step towards strengthening India’s telecom sector.  These will accelerate realisation of Hon. Prime Minister Shri Narendra Modi’s Digital India vision and enable India’s transformation into the world’s leading Digital Society. Jio’s mission is to bring…

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Tutopia Learning App to flag off Durga Puja festivities with 685-km “Kolkata-Gangtok Chase”

Bhubaneswar: Yet another initiative by TUTOPIA Learning APP  this year with the grand day & night 685-kilometre nonstop relay race namely  “Kolkata Gangtok Chase” (K2G).  Eleven young and passionate experienced Runners from across the country have come together to be part of K2G – covering a distance of 60 hours approximately. The K2G  race, which…

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Union Bank of India inks its first Sustainability Linked Loan in Overseas Market

Mumbai : Union Bank of India through its international banking division today, announced that it has secured a Sustainability linked Loan aggregating to total syndicated facility of USD 1.5 Bn with one of the leading trading corporate globally. Under the facility, Union Bank of India will include three Key Performance Indicators (KPIs) relating to a…

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