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Expect a Drop in Greenwashing as India Adopts New ESG Reporting Rules
The new SEBI regulations on good governance going into effect tomorrow will require the top 1000 companies by market cap size to include a mandatory Business Responsibility and Sustainability Report (BRSR) in their annual reports filed with stock exchanges.
- Categories
- Environment, Impact Assessment, Investing
- Region
- Asia Pacific
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India’s Axis Bank Accelerates Retail Push With $1.6 Billion Citi Deal
Indian private lender Axis Bank has decided to bulk up its credit card and retail businesses with a $1.6-billion purchase of Citigroup Inc's local consumer banking arm.
- Categories
- Finance
- Region
- Asia Pacific
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Fynehand to Invest Over USD $1 Million In AI Talent Marketplace, FlexC
FlexC announced that it has raised funds from Fynehand in Pre-Series Funding round. Fynehand will be investing over USD $ 1 million in the AI talent marketplace. Siddharth Raisurana from Fynehand has come on board.
- Categories
- Technology
- Region
- Asia Pacific
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India’s Classplus Raises $70 Million to Help Teachers and Creators Expand Their Reach
A Noida-based startup that is helping teachers and creators operate, manage and sell courses to students has raised $70 million in a new financing round.
- Categories
- Education, Technology
- Region
- Asia Pacific
- Tags
- edtech, global development, startups
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Analysis: ‘Gargantuan Task’: Why India’s Renewable Push Will Be Hard
Plans to build a sprawling solar park on land cultivated for generations by indigenous farmers in India's Himalayan foothills erupted in violent clashes with police last year after their crops were bulldozed for the development.
- Categories
- Energy
- Region
- Asia Pacific
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How The Indian Government Is Encouraging Green Energy Use At Airports
The Indian government on Monday said it is actively promoting the use of green energy at domestic and international airports in the country to make them more sustainable.
- Categories
- Energy
- Region
- Asia Pacific
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Chennai-Based Fintech Vivriti Capital Raises $55 Million to Build Global Asset Management Platform
Chennai-based fintech startup Vivriti Capital has raised $55 Mn (nearly INR 400 Cr) in its Series C funding from Lightrock India and Creation Investments.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- financial inclusion, scale, startups
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Cypher Capital Launches $100 Million Blockchain Fund, With an Aim to Invest 40% Of It in Crypto Startups in India
Cypher Capital, a private venture capital firm, announced the launch of a $100 million blockchain fund, and it aims to invest 40% of it in Indian cryptocurrency and blockchain startups.
- Categories
- Finance, Technology
- Region
- Asia Pacific