The amount raised will be used funds to launch its subscription-based eSports portal, which will host tournaments for FIFA, Counter-Strike: Global Offensive, Dota 2, Clash Royale and Rocket League, among others.
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Cyber Security firm Securonix raises $29 m in series A from Volition Capital, others
Cyber security firm Securonix has raised $29 Mn Series A funding. The funding round was led by Volition Capital. Eight Roads Ventures also participated in the round. With this investment, Roger Hurwitz of Volition Capital will be joining the Securonix Board of Directors. Securonix …
91springboard raises undisclosed fresh capital; aims to expand in existing & new markets
The company said in a statement on September 20 that it will use the fresh capital the fresh capital for expansion in existing and new markets.
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22nd meeting of GST Council to be held on Oct 6, exporters wait for relief
New Delhi: The 22nd meeting of the GST Council, chaired by Union Finance Minister Arun Jaitley, will be held on October 6 to deliberate on GSTN glitches and ironing out issues faced by exporters, a ministry official has said. The meeting was scheduled to be held on October 24 …
Jaitley asks biz to avoid last-minute rush for tax filing
With 75 per cent of businesses waiting till the last day to file August GST returns, Finance Minister Arun Jaitley on September 20 asked them to avoid last-minute rush for tax filing. He said the GST Network (GSTN) has the capacity to handle 1 lakh returns per hour, which translates to 24 lakh re…
Vice President urges state govts to formulate individual procurement policies to uplift SC/ST MSMEs
Economic disparity can be overcome with “integrated multidimensional development agenda”, says Venkaiah Naidu
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Microfinance providers decide to curb excess, multiple lending in the sector
Mumbai: To address multiple and over lending issues in the microfinance space, micro-credit providers, including microfinance institutions (MFIs), small finance banks (SFBs) and banks will voluntarily abide by a mutually agreed code of conduct (MACC), whereby they will not lend to a client who al…
India may see further 30-40% reduction of jobs in manufacturing sector: Survey
Prime Minister Narendra Modi has a jobs problem. He swept to power three years ago promising India’s poor and middle classes he’d restore their “dignity” after years of swelling inequality, with job creation central to his pitch. But now, the jobs market has been slugged by last Novembe…
Entrepreneurs can have start-ups pitch for opportunities via Startup India Learning Program
The aim of the program is to help entrepreneurs get their ideas and ventures to the next level through structured learning.
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Niti Aayog receives 5k applications under Mentor India campaign
Government think-tank Niti Aayog has received strong response to its Mentor India campaign, under which the body has received over 5,000 applications. There is “fantastic response” with over 5,000 applications for the Mentor India campaign, said Ramanathan Ramanan, Mission Director, Atal Innovati…