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Tag Archives: Crores

Snapdeal Raises Over Rs. 113 Crores From NVP, Founders

HIGHLIGHTS Snapdeal has raised over Rs. 113 crores from NVP and founders Unclear how new financing round will help Snapdeal continue operations SoftBank has been mediating a potential sale of Snapdeal to Flipkart Snapdeal has raised over Rs. 113 crores from early investor Nexus Venture Partners and founders Kunal Bahl and Rohit Bansal, amid talks of a potential sale of ... Read More »

Samsung Signs MoU to Invest Rs. 1,970 Crores in Uttar Pradesh

HIGHLIGHTS Samsung India said it would invest Rs. 1,970 crores in Uttar Pradesh CM Akhilesh Yadav announced Samajwadi Smartphone Yojana scheme earlier A manufacturing plant will be set up in Noida A memorandum of understanding (MoU) was signed on Monday between the state government and mobile phones major Samsung for setting up a manufacturing unit in Uttar Pradesh. The MoU ... Read More »

LeEco to Invest Rs. 1,330 Crores on Content Aggregation in India: Report

A day after launching Super3 series of televisions, Chinese Internet conglomarate LeEco is likely to invest nearly Rs. 1,330 crores into media-entertainment industry for content aggregation, sources said in New Delhi on Friday. LeEco is reportedly in discussions with the local content producers and international studios for content tie-ups and has started work towards developing in-house shows and formats. According ... Read More »

Lenskart increases Rs. four hundred Crores From IFC, Ratan Tata, Others

on-line store Lenskart Wednesday said it has raised Rs. four hundred crores funding from world bankarm IFC, industrialist Ratan Tata and Infosys co-founder Kris Gopalakrishnan amongst others. The agency will use the collection D funding to strengthen its supply chain and lens manufacturingskills in addition to for expanding its presence to four hundred cities in three years. “IFC was the ... Read More »