Business news India: Latest India business news headlines today 3 March 2021

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Here’s today business news, the latest business news India today 3 March 2021.

  • ideaForge, a drone manufacturer, has raised ₹15 crores from venture debt firm BlackSoil. The startup is backed by US-based WRVI Capital and leading companies like Qualcomm and Infosys.
  • Apna. co, a vertical professional networking platform, raised $12.5 million led by Sequoia Capital India and Greenoaks Capital.

latest business news india today 3 march 2021

  • Qoohoo, a Creator-based social platform, has raised around $800,000 as part of its angel round.
  • Flipkart is planning to ramp up its online grocery service to 70 cities over the next six months. Its offerings are available currently in 50 cities.
  • A day prior to its IPO opening, MTAR Technologies has raised ₹179 crores from 15 anchor investors.
  • Ivanhoé Cambridge, the real estate subsidiary of Caisse de dépôt et placement du Québec, Canada’s second-largest pension fund and the Embassy Group have launched a commercial office platform with an investment of $500 million.

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Latest business news India today 3 March 2021 – business news headlines today

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  • Board of the Jagran Prakashan, publisher of Dainik Jagran, has approved to buy back shares worth up to Rs.118 crores.
  • AMPM, a convenience store chain, has raised ₹16 million from Agility Venture Partners.
  • ManipalCigna Health Insurance has launched a Lifetime Health plan offering a sum insured in the range of Rs50 lakh to ₹3 crores for coverages in India as well as abroad.

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Latest business news India today 3 March 2021 – business news India today

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  • Former Vi executive Sundeep Kathuria has been appointed COO-India at XiFi Smart Networks, a wireless technology company.
  • The proposed deal of PTT Group, Thailand’s energy major, buying a stake in ReNew Power Ventures has reportedly been called off.
  • TRP scam: Bombay HC has granted bail to ex-BARC CEO Partho Dasgupta in the alleged TRP scam.

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