Tag Archive for million

Seminar on ‘Investment Opportunities in Taoyuan, Taiwan’ organized by TAITRA in Bengaluru

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The Taiwan Trade External Development Council - TAITRA organized a seminar on “Investment opportunities in Taoyuan” in Bengaluru on 5th June, 2018.

The Taiwan Trade External Development Council – TAITRA organized a seminar on “Investment opportunities in Taoyuan” in Bengaluru on 5th June, 2018. Taoyuan is a planned integrated business city located 40 km southwest of Taipei, Taiwan.

The highlight of the event was the keynote address given by Dr. Da-Nien Liu, Director, Chung-Hua Institute of Economic Research, Taiwan. Speaking at the event, Dr. Da-Nien Liu emphasized the sound industrial confluence in Taoyuan, Business opportunities and future development in Taoyuan and Industrial cooperation between India and Taoyuan. Read more

CoinTribe, a MSME lending marketplace, raises US$ 10 Million from Sabre Partners and existing investors

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

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CoinTribe, India’s leading credit based lending marketplace for MSMEs, announced on [Date] that it has raised over US$ 10 million equity capital in Series-B round led by Sabre Partners along with participation from existing investor, Puneet Dalmia.

As a credit based marketplace, CoinTribe offers unsecured term as well as working capital financing to small businesses, which are risk assessed using an online lending algorithm. Gurugram based CoinTribe is a niche player in small business segment and stands differentiated with its robust online credit risk assessment capabilities, which has found strong acceptance with its lending partners. CoinTribe is India’s only lending marketplace which has back-tested its credit algorithm with leading private banks in the country and has so far partnered with leading banks and NBFCs, which include Axis Bank, Yes Bank, RBL Bank, DBS, IIFL, Clix Capital and SMC Capital. Apart from lending through the marketplace CoinTribe is the only player whose technology platform is being used by 4 private and foreign banks on a white labelled basis.

 

With this round of funding, total equity capital raised by CoinTribe has increased to over US$ 15 million. CoinTribe plans to use this additional capital to further enhance capabilities of its proprietary online credit algorithm, expand to new markets and further develop technology to enable faster and nimble product and credit model innovation. Read more

BANKBAZAAR EYES 400 Million VISITS IN FY19

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

BankBazaar.com, India’s leading financial marketplace recorded 90 Million (M) visitors in the final quarter of FY18. With 400M visits expected in FY19, the company is looking to make 800 new hires across its locations in the current financial year. Bankbazaar saw 20X growth over the last few years and is well-positioned to take on the next wave of developments in the fintech industry.

Adhil Shetty, Co-founder and CEO, BankBazaar, said, “India is ramping up to a paperless economy and BankBazaar is contributing significantly towards this goal. With customers demonstrating their readiness to adapt to new-age financial buying, FY 2018 has been a year where we grew more than 100% in multiple categories. With a sustainable increase in our customer count, BankBazaar’s business and revenues are also shooting up proportionately. We are confident that FY19 will yield better results and consolidate our position as the top player in the financial services sector.”

With this round of hiring, the company aims to beef up their engineering capabilities to deliver a holistic and seamless purchase experience. The majority of the hires would be for the technology and product domains, with almost 60% of them operating out of Chennai and a significant number based in Bangalore. Read more

Chai Point raises $20 million in Series C

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Amuleek Singh Bijral , CEO & Co- Founder Chai Point

Chai Point, the largest organized Chai Company in India, today announced a $20 million Series C funding round, led by Paragon Partners. All existing investors – Eight Roads (Fidelity’s India PE arm), Saama Capital and DSG – participated in this round, with some of them investing super pro rata. Read more

Times Music & Speed Records Collaborate: YouTube Channel Hits 10 Million Subscribers!

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Times Music, one of India’s leading record labels and music publishers, and Speed Records, the leading music label in Punjab, join hands to offer their audience a wider choice of music and help grow the Punjabi music genre across India and in global markets. An initiative started in December 2017, Speed Records YouTube channel, with the help of its partnership with Times Music, now hits 10 million subscribers on YouTube. Read more

Shraddha Kapoor celebrates 20 million followers on Instagram!

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Actress Shraddha Kapoor has achieved the glorious feat of reaching 20 million followers on Instagram. The actress took to the social media site to share a heartfelt message addressing all 20 million of her fans! Read more

Eros International’s Bajrangi Bhaijaan grosses over Rs.169.17 crores (USD 25.95 million) in first 10 days of release

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Eros International Media Ltd, a leading global film company in the Indian film entertainment industry, announced Producer Salman Khan Film’s Bajrangi Bhaijaan has collected over Rs. 160 crores within ten days of its release in China. More than two years since it opened in India, Bajrangi Bhaijaan released in China on March 2 this year and continues to enjoy a very strong box office performance earning Rs. 169.17 crores (USD 25.95 million) since its release.

 

Marking Indian super star Salman Khan’s first ever movie to release in the China market, Eros released the film in association with China’s E Stars Films Ltd and Salman Khan Ventures. After breaking several records during its Eid release in 2015, Bajrangi Bhaijaan crosses another key threshold, with the film taking a commanding start at the Chinese box office, raking in Rs. 14.5 crores on its opening day, debuting at number 7. The Kabir Khan-directed film trended extremely well through its release, climbing to number 4 box office position on its first Monday. It crossed the Rs100 crore mark within a week of release and closed the second weekend with Rs 169.17 crore ($25.95 million) in collections, retaining the number 5 position in the Chinese box office, despite new releases over the weekend.  Read more

Alstom completes most powerful all-electric “Make-In-India” locomotive from Madhepura and announces contract wins worth €75 million in India

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

PRIMA WAG12 electric locomotive from Alstom

Alstom announced the completion of its first all-electric locomotive from its state-of-the-art locomotive facility at Madhepura in the State of Bihar[1], on schedule. In line with the Government’s and Indian Railways’ target towards 100% electrification and towards sustainable mobility, these new locomotives will not only bring down operating costs for the Railways but will significantly cut down greenhouse gas emissions as well. Read more

The winner of million hearts, pop singer Sonu Thukral is himself a fan of talented Hina Khan!

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The pop singer and performer, who have won millions of hearts by his voice and persona Sonu Thakural is all set to come across with his latest musical version “Bhasoodi”. And the cherry on the cake for his new music video will be Television star, Hina Khan. Sonu himself is the fan of Hina. Known for his hit Punjabi and Haryanvi tracks the sensational singer revealed how he started admiring Hina Khan, by witnessing her work in Television Industry.  Read more

ShopClues’ 37 million loyalists to be rewarded with a Membership to the exclusive VIP Club

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

As part of its 6th Anniversary celebrations, ShopClues, India’s first and largest e-commerce marketplace announced the launch of itsVIP Club program as a gesture to reward its huge base of 37 million loyal customers, while also enticing new customers across the country.

 

VIP Club Membership<br />
Ø	VIP members to get additional 5% cashback as CluesBucks on each order<br />
Ø	 Membership is absolutely Free! Become a member within 24 hours of placing  the order<br />
Ø	No minimum order value – Save Big even on small purchases!Over 70% of ShopClues’s Customers reside in Bharat, the tier 2, 3 and beyond towns of India, and look for the best value for the money they spend. The VIP Club is tailor-made for big savings for these value-conscious consumers, and offers a 5% cashback on every purchase. The cashback through CluesBucks (1 CluesBuck = Re. 1) can be used for subsequent purchases, and VIP Club members can earn CluesBucks with every new order. ShopClues’ loyal customers can thus save more and more every time they shop, as they choose from over 3 crore listed products, every month! Read more