Swastika Investmart

  We have seen a major decline in startup funding in the past few weeks. However, this week saw a significant rise in the total funding and startup raised. The current week comes with many unexpected things such as Indian Startups that have raised over $130 Mn this week compared to $ 228 Mn in the last week i.e (Before 16 August – 21 August). With over 27 funding rounds, the biggest round raised was by Skit, earlier known as Vernacular.ai which secured $23 Mn in series B round. D2C health brand Soothe Healthcare just finished its Series C round and raised $ 13.6 Million to improve its growth plans and domestic manufacturing. Also, Mumbai based fraud detection startup company IDfy has managed to raise a capital of $ 12 Mn through TransUnion International and Blume Ventures. Mobile e-commerce company Bikayi raised $ 10.8 Million in series A funding by Sequoia capital India in order to increase product development, talent hiring and acquisition. Out of all the 27 IPO deals, most inves...

  “Any person who is engaged in the business of issue management either by making arrangements regarding selling, buying or subscribing to securities as manager-consultant, advisor or rendering corporate advisory services in relation to such issue management” -SEBI Merchant Bankers rules 1992 What is a Merchant Bank?? A merchant bank is a monetary organization that basically manages commercial banking needs of worldwide money, long haul credit for organizations, gives counseling services and endorsing of stock. It additionally goes about as a middle person between the issuers and definitive buyers of the securities in the essential market. Despite the fact that the State Bank of India is the primary establishment to set up a different division for merchant Banking administrations in 1972, its services were begun in 1967 by National Grind lays Bank subsequently followed by Citi Bank in 1970. The fundamental contrast between merchant banking and business banking is, business banking ...