India News Headlines: Latest India Business News 19th September 2020

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Read Latest India Business News 19th September 2020:

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  • Alcoholic beverages company United Spirits Ltd (USL) announced the appointment of Pradeep Jain as its chief financial officer effective 1 October.
  • Bengaluru-based wealth management platform, Groww has raised $30 million in Series C funding, led by Y Combinator’s growth stage fund, YC Continuity.
  • Air India Express said that all Air India Express flights from or to Dubai will operate as per original schedule starting 19 September.

latest india business news 19th september 2020

  • Remote health monitoring startup, Dozee has raised ₹12.5 crore in its new round of funding from Prime Venture Partners, YourNest Venture Capital and 3one4 Capital.
  • United Spirits Ltd appointed Pradeep Jain as its new chief financial officer (CFO).
  • Bengaluru-based insurtech start-up Acko raised $60 million in its Series D funding led by Germany-based Munich Re Ventures.

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Latest India Business News 19th September 2020

  • Wellness brand, The Moms Co. has raised $8 million as part of its Series B funding.
  • Virtual events platform Airmeet has raised $12 million in Series A funding led by new investors Sequoia Capital India and Redpoint Ventures.
  • Home services marketplace Urban Company (formerly UrbanClap) announced an employee stock sale programme its third and largest to date worth USD 5 million.
  • Facebook announced the appointment of Arun Srinivas as director of global business group.
  • Dream Sports, India’s most valuable sports technology company, has secured $225 million in new funding, led by Tiger Global Management.
  • Foodtech unicorn Zomato raised $103 million from New York- based investment firm Tiger Global Management as part of its ongoing Series-J financing.

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Latest India Business News 19th September 2020

  • Online learning platform Byju’s raised $500 million in a fresh round of funding led by US-based private equity (PE) investor Silver Lake.
  • Delhi NCR-based all-electric ride hailing platform BluSmart Mobility Pvt Ltd raised $7 million or ₹51 crore in pre-series A funding from multiple investors including Inflection Point Ventures, Venture Catalysts.
  • Private lender RBL Bank Ltd. chief executive Vishwavir Ahuja has sold around 18% of the bank’s shares held by him, to retire personal debt taken to exercise stock options.

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