IIFL has recently announced funding of $280mn for tech startup’s pre-IPO rounds, new in the industry. The companies under this funding will be those which have a clear business model and have a path of profits in the coming future. Startups having a figured economic unit will be preferred the most, as stated by IIFL. The fundings will be done up to Rs.1,500 crores to invest in the pre-initial public offering rounds of the tech startups and also for the later rounds of their digital businesses. With a greenshoe option of Rs.500 crores, its total size expands to Rs.2,000 crores.…
Author: Shrija Mishra
New Delhi: With a further downward trajectory in crude oil prices, we can see the prices of fuel going down by Rs. 2 in the next few days. This has brought relief to the furious customers regarding such a sky shoot in the prices of petrol and diesel. The readers should note that the prices will only fall further if rupees don’t lose it’s value any further against the Dollar and keep the same path. The price of crude in India has dropped significantly from $68 per barrel to 65$ on Tuesday, which makes up the market decline of 5%.…
With such a large youth population and people with different cultures, backgrounds, thoughts, and opinions, India is more than just a single nation. Every state we go to, every city we visit, we see people expressing their views and thoughts with full liberty, wherein maintaining peace and harmony with the fellow countrymen. Social media plays an important role in expressing views and reacting to the government’s decisions. Crores of people now use social media in India and express their views, be it be constructive criticism or appreciating one another. As the access to the internet became easy, more people joined the…