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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102633) | |
22041. UK-based private investor Actis acquires 400 MW solar projects from Acme
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
Haryana
Business Standard
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- UK based private investor Actis acquired 400 MW solar power projects of ACME Solar Holdings ltd.
- The projects are located in Andhra Pradesh and Madhya Pradesh. Both Acme and Actis did not disclose the deal size. Market experts estimated the deal value to be close to Rs 2,000 crore.
- Gurugram based Acme is a leading renewable energy player in the country with 5GW of projects across the country.
22042. भारत की एफडीआई FDI नीति पूरी दुनिया में सबसे उदार, कोरोना काल में 1.6 लाख करोड़ का विदेशी निवेश मिला: अमिताभ कांत
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
Hindi
India
Dainik Bhaskar
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- अमिताभ कांत ने कहा कि उदार एफडीआई FDI नीति की बदौलत हमने भारी विदेशी निवेश को आकर्षित किया है। उन्होंने कहा कि कोरोनावायरस महामारी के दौरान हमें 22 बिलियन डॉलर करीब 1.6 लाख करोड़ रुपए से ज्यादा का विदेशी निवेश मिला है।
- इसमें से करीब 98 फीसदी विदेशी निवेश आटोमैटिक रूट के माध्यम से आया है। उन्होंने कहा कि विश्व बैंक की ईज ऑफ डूइंग बिजनेस लिस्ट में भारत ने करीब 79 स्थानों की छलांग लगाई है।
- इस लिस्ट में भारत इस साल टॉप-50 में आ जाएगा और अगले साल हमने टॉप-3 में स्थान बना लेंगे।
22043. Deutsche Bank infuses Rs 2,700 crore into India branches
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- Germany's largest lender Deutsche Bank has infused Rs 2,700 crore into its India branch operations, taking its total investment into Indian branches to Rs 18,200 crore.
- This is the second infusion by the Frankfurt based bank in less than two years. It put Rs 3,800 crore into India in early 2019.
- The fresh capital will be used to support further expansion of Deutsche India, the bank said. The German lender operates 17 branches across India
22044. [Funding alert] DU students’ startup Metvy raises pre-series round from HostelFund
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Metvy is a professional networking app focused on the youth population, and also has a multilingual feature
- Metvy, founded in 2018, had earlier raised seed funding from an incubator backed by the government of Delhi.
- Metvy, a multilingual professional networking app for the youth founded by Shawrya Mehrota and Rajan Luthra, who graduated from Delhi University this year, has raised an undisclosed pre-series round of funding from HostelFund.
22045. Inspired by Coco Chanel, this mompreneur went on to build a fashion jewellery brand
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Just Peachy is a bootstrapped Hyderabad-based online fashion jewellery brand. In the first years of its launch, the startup was able to make Rs 2 crore worth of business.
- It was this passion that led her to start Just Peachy in October 2018 in Hyderabad..
- started with Rs 2 lakh of our personal savings to buy a few pieces of jewellery, and have rotated all the earnings back into the business to scale up to more than 50,000 pieces in the inventory now,”~
22046. This healthtech startup uses AI to assess health risks of expectant mothers
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Healthtech startup CognitiveCare's MIHIC platform analyses medical, clinical, genetic, radiological, social, and lifestyle determinants to predict early signs of maternal, infant, and foetal risks.
- a healthtech startup founded by Venkata Narasimham Peri and Dr Suresh Attili and based out of Hyderabad and California, US
- PV partnered with Dr Suresh Attili, a leading oncologist and scientist, to start CognitiveCare in 2018. The duo toyed with various segments like mental health and cancer, but decided to focus on maternal and infant healthcare, given the enormity of the problem.
22047. This 15-year-old has built an edtech marketplace for teachers and students to connect, teach, and learn
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Fifteen-year-old Shreyaan Daga founded Mumbai-based edtech startup Online Live Learning, a live marketplace, where anyone can learn or teach anything they have expertise at.
- In April, he founded Online Live Learning, also known as OLL, along with Bhumika Sharma, Kushal Ghosh, and Payal Pandit.
- OLL is currently an 81 member team, including the four co-founders, seven permanent members, and 70 freelancers. The startup currently operates under Mumbai-based edtech startup, Clone Futura, which was founded by Shreyaan’s parents, Vidushi Daga and Sudarshan Daga.
22048. Coralogix to invest $30 mn in India to meet data localisation norms
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Business Standard
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- Israeli tech company Coralogix announced a $30 million investment for expanding into India, driven primarily by the data localisation compliance requirements for its customers. z
- The company, provider of machine learning-powered log analytics and monitoring solutions, said it will provide customers with its first local Amazon Web Services (AWS) server support through its Mumbai region and data storage capabilities.
- Its Chief Executive and co-founder Ariel Assaraf said the $30-million investment will be done over a five-year period.
22049. This startup uses AI to power security cameras
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Bengaluru-based OurEye.ai, founded by three SRM University students, provides AI-based real-time monitoring for cameras installed by companies
- founded this year by SRM University students Sourav Sanyal, Saurabh Ghanekar, and Miran Junaidi, decided to start up in 2020. By the middle of this year, they were ready with back-end application programme interfaces (APIs) for real-time video intelligence.
- “OurEye intends to change this question around RoI by deploying a virtual auditor, manager and security guard in this network of cameras by putting a layer of AI and ML (machine learning) to ensure full automation and zero intervention."
22050. This startup’s SaaS platform manages real-time info of EVs for fleet operators
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Founded by Ashwin Shankar in 2018, Pune-based BatteryPool’s tech stack provides real-time, actionable insights to fleet operators to eliminate operational challenges in running EVs.
- BatteryPool offers SaaS plus hardware solutions that allow fleets to deploy and manage electric vehicles. The stack comprises battery-swapping station hardware, vehicle telematics unit, and a modular SaaS platform that provides real-time, actionable insights into the electric vehicle charging, maintenance, and operations.
- “Running EVs in fleet applications can lead to downtime and operational challenges due to the range of the vehicles and lack of an ecosystem to support EVs for charging and maintenance,” says Ashwin.