Business news India: Latest India business news headlines today 16 June 2021

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Here’s today business news, the latest business news India today 16 June 2021.

  • Apna, a professional networking platform for grey-and-blue-collar workers, is said to have raised $70 Million in a Series B funding round led by Tiger Global and Insight Partners at a valuation of $570 Million.
  • Pilgrim, a beauty and personal care brand, is said to have raised Rs.13 crores as part of its Series A round of funding led by Fireside Venture and Rukam Capital.
  • Junio, a digital pocket money startup, is said to have raised Rs.5 crores in additional seed funding from Venture Catalyst and family offices led by Rajiv Dadlani Group.

latest business news india today 16 june 2021

  • Flexmoney, a digital credit network platform, is said to have raised $4.8 million in its Series A round of funding led by Pravega Ventures with participation from Z5 Capital.
  • Fifteen banks have reportedly come together to form a new company that will use blockchain technology to process inland LCs.

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Latest business news India today 16 June 2021 – business news headlines today

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  • PepsiCo is said to have filed a trademark violation case against Parle Agro over the use of tagline ‘For the Bold’ for its newly launched beverage B Fizz.
  • Go Airlines is reported to have partnered with DreamFolks, to offer lounge service across select airports in India.
  • Shriram Transport Finance is said to have raised Rs.1998.98 crores via the QIP route.
  • LIC is said to have launched Shagun, a prepaid RuPay contactless card for both online and offline transactions.

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Latest business news India today 16 June 2021 – business news India today

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  • Mandatory hallmarking of gold jewellery and artifacts will come into force from 16 June in a phased manner.
  • RBI has revoked deposit-taking status of Dewan Housing Finance.
  • Toyota Kirloskar Motor is said to have partially resumed production at its manufacturing plants in Bidadi, Karnataka.
  • Wartsila is said to have bagged an award from Oil India to set up a 30 MW power plant in Assam.
  • GE Power India is said to have bagged three orders from STEAG Energy, Tata Power and JSW Steel worth Rs.125 crores.

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