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Here’s today business news, the latest business news India today 15 December 2021.
- Serum Institute of India has reportedly pledged 50 million pounds to the University of Oxford for setting up a research campus.
- Rebel Foods has reportedly said it they put in $150 million in “strategic” investments and acquisitions in India and some other countries to scale partnerships with food brands.
- Saudi Aramco is said to have been exploring an investment in the clean energy unit of Reliance Industries.
- Anisha Iyer has been elevated to the post of CEO from the Managing Director for Malaysia by OMD India.
- Klub, a revenue-based platform, has reportedly raised Rs.200 crores for its revenue fund Aceler8 to deploy in Saas and consumer companies.
- A logistics startup, Enmovil, has reportedly raised Rs10 crores in pre-Series A funding round led by Anicut Angel Fund along with the participation from KCT Group, Blackbird Investments Pvt Ltd, and RB Investments.
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- Sachin Tendulkar is said to have invested an undisclosed amount in Spinny, a platform for pre-owned cars, and is also the lead endorser of the same.
- Rebel Foods, an internet restaurant company, to invest $150 million in India and overseas to scale existing and new partnerships with different food brands.
- BharatX has reportedly raised $250,000 in its pre-seed round led by Java Capital along with the active participation from angel investors- Anupam Mittal and Ritesh Jain.
- Hoopr, a market licensing marketplace, raised $1.5 million in a seed round led by 9Unicorns and Venture Catalysts with active participation from Infection Point Ventures and 91Ventures.
Latest business news India today 15 December 2021 – business news India today
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- Chanel, a french luxury group, has named Leena Nair as the new Global Chief Executive. Lina was previously Chief HR Officer of Unilever.
- A light commercial vehicle Super Carry of Maruti Suzuki India has crossed one lakh sales in the last five years of its launch in India.
- RBI has released a new Prompt Corrective Action Framework for NBFCs for action in case NPAs rise above a certain threshold.
- India’s fully integrated system for gold and silver, MMTC-PAMP, has entered into the Fortune 500 India list with 68th rank in the index based on the revenue earned.
- Simple Energy has collaborated with IIT Indore for the development of an advanced thermal management system for its e-scooter Simple One and other future products.
Must Read:15 December ke Mukhya Samachar
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