Business news headlines: Latest India business news today 19 February 2021

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Read the latest India business news today 19 February 2021.

  • Vogo, a two-wheeler shared mobility startup, has raised $11.5 million as an extension of its Series C funding round from existing investors Kalaari Capital, Matrix Partners, Lightrock, and Stellaris Venture Partners.
  • Shiprocket, a logistics aggregation platform, has raised $27 million as part of its Series C3 round of funding. The latest funding round was co-led by Tribe Capital and March Capital.

latest india business news today 19 february 2021

  • Leverage Ed-tech, operating various websites like LeverageEdu.com, UniValley.com, Ivy100.com has completed its Series A fund-raise of Rs.47 crores led by Tomorrow Capital.
  • Hinduja Group’s IndusInd Bank has received Rs.2,021 crores equity from its promoters after the conversion of preferential warrants into equity shares.
  • Haldiram’s have tied-up with Futurelife, a South African brand of nutritional foods, to sell their granola bars, oats, and protein mixes in India.
  • RBI has given its approval to the takeover of Dewan Housing Finance Corporation Ltd by Piramal group.

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Latest India business news today 19 February 2021 – business news headlines today

  • Amazon has approached NCLT requesting it not to allow convening of any meeting of shareholders or creditors of the Future Group for approval of its proposed deal with RIL.
  • WhatsApp may reportedly soon roll out the feature that will allow users to sign out of the app.
  • Twitter has added a new feature that will allow users in India, Brazil, and Japan to send voice messages.
  • The Confederation of All India Traders has said that due to its ‘Bharat Bandh’ call demanding a review of the GST provisions, all commercial markets across India will remain closed on 26 February.

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Latest India business news today 19 February 2021 – business news headlines today

  • Indian Oil has signed a preliminary agreement with Greenstat of Norway to set up a centre of excellence on hydrogen.
  • Vistara has started a non-stop flight to Frankfurt, Germany.
  • Maruti Suzuki India is reportedly evaluating launching Jimny, its off-roader, in the domestic market. It started export of Jimny last month.
  • Lodha Developers has filed draft papers to launch IPO to raise around Rs.2500 crores.
  • Avataar Ventures has raised an additional $100 million in its Opportunities Fund. The fund majorly invests in tech-focussed B2B and SaaS firms.
  • Barco, the visual tech company of Belgium, is planning to make India a global hub for R&D and new innovations.
  • Passengers arriving directly or thru transit from UK, Europe, or the Middle East will have to undergo a self-paid Covid test on their arrival in India.

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