Federal Bank and Equirus Wealth in collaboration with SCUBE Capital, a global fund management company based out of Singapore, have launched a 'US dollar offshore fund' for their customers.
The 'India Water Pitch-Pilot-Scale Start-up Challenge' has also been launched under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 scheme. The Challenge has been launched on the MyGov platform.
Reliance Retail Ventures Limited(RRVL), the retail unit of Reliance Industries Limited (RIL) has acquired a 54% stake (majority stake) in Addverb Technologies Private Limited, a Noida based robotics startup, for USD 132 million (~Rs 983 crore).