Business news headlines: Latest India business news today 20 January 2021
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Read the latest India business news today 20 January 2021:
- Agritech startup DeHaat has raised $30 million in a Series C round of funding led by Prosus Ventures.
- Dunzo, a hyperlocal delivery startup, has raised $12 million, in a fresh round of funding led by many investors including Google LLC, Evolvence, Hana Financial Investment, Alteria, Lightbox, and LGT Lightstone Aspada. The firm had secured $28 million in September 2020.
- Salesforce Inc. has made its first investment in an Indian venture, Darwinbox, of $15 million.
- As per data from Sensor Tower, the Signal messaging app has recorded 26.4 million downloads from India between 4 and 17 January.
- Welspun One Logistics Parks has launched a fund of Rs.500 crores to invest in industrial real estate and warehousing projects.
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Latest India business news today 20 January 2021 – business news headlines today
- Adani Group has signed a concession agreement with the Airports Authority of India for the operation, development, and management of three airports – Guwahati, Jaipur, and Thiruvananthapuram. As per the terms of the agreement, Adani Group will have to take up these airports within the next six months.
- The government has appointed Siddhartha Mohanty as the MD of LIC w.e.f. 1 February. Mohanty is currently CEO of KIC Housing Finance.
- Paytm Payments Bank has partnered with Suryoday Small Finance Bank to facilitate FD services to its account holders.
- German footwear brand Birkenstock has partnered with Seva Group to enter the Indian market.
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Latest India business news today 20 January 2021 – business news headlines today
- Tata Motors is said to have received 98 patents in 2020 under its accelerated drive for engineering excellence and innovation.
- Industry body NRAI has requested Harsh Vardhan, the Health Minister to consider their viewpoints on the proposed amendments which include removal of smoking rooms from restaurants and airports as also increasing the smoking age.
- Amazon India has launched an accelerator program to help early-stage startups in the consumer products segment go global.
- Arun Alagappan has resigned from the post of MD of Cholamandalam Investment and Finance Company.
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