Orios Venture Partners, a big venture player recently postponed the closure of its third fund. Initially set to close at $150 million in December last year, the deadline was first extended to June 2024. Now the firm expecting its final close in the month of December. This delay is attributed to the departure of managing partners […]
In a strategic move, ideaForge has expands its Employee Stock Ownership Plan (ESOP) pool. This expansion includes the allotment of an additional 95,954 stock options. This significant development underlines ideaForge’s commitment to its employees and its vision for future growth. Expansion of ESOP Pool ideaForge has made this allotment under its ESOP, 2018 scheme. This […]
Jio Financial Services has received approval from the RBI to transform from a NBFC into a core investment company. This transition marks a strategic shift for JFS, positioning it for more focused investment activities within the Reliance Group. Transition to Core Investment Company This approval is result of the strategic decision taken by JFS in […]
Recently Jefferies forecasts for Reliance Jio that it has a potential of $112B listing In 2025 Jefferies reported that Reliance Jio have a potential to reach in the list of $112 billion valuation in 2025. This potential valuation is underpinned by the possibility of a public listing through an initial public offering (IPO) or a […]
ideaForge has taken a significant step forward in the drone technology industry and invested in GalaxEye Space Solutions. This partnership mainly focus on the development of advanced drone-base sensor’s. It will also help in enhancing the capabilities of drones in various applications. Let’s delve into the details of this strategic move and its implications for […]
Recenlt MedGenome comes in headlines when it acquires a significant stake in GenX Diagnostics. This strategic move aims to bolster MedGenome’s presence in East India. The acquisition will combine the strengths of both companies to enhance healthcare services. Leveraging Combined Expertise MedGenome and GenX Diagnostics will work together to provide superior healthcare services. Their collaboration […]