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PE/VCs Invest USD 6.8 Billion, In Indian Cos In November: Report

Investments by private equity and venture capital funds in November stood at USD 6.8 billion across 102 deals, which is double by value when compared with the pandemic-impacted year-ago period but half of the bets in the preceding month of October, ...

Gamezop Raises Rs. 32 Crores Series A Led By BITKRAFT Ventures

Gamezop, a leading multi-game platform with over 34 Mn monthly active users has raised Rs. 32 crores ($ 4.3Mn) investment from BITKRAFT Ventures, Velo Partners, and FJ Labs. BITKRAFT is the world's largest esports fund and co-owner of the publicly-traded esports ...

Virtual Currencies Like Bitcoin Prone To Misuse Cautions RBI

Flagging possible "black money" risks from virtual currencies like Bitcoin, the RBI has told a parliamentary panel that they are "susceptible to misuse" by terrorists and fraudsters for laundering money. The Reserve Bank further said it has not given any license ...