Integrated frozen food company Chevon Agrotech today said it has received its latest round of funding from Singapore-based investment management firm, Greenfield Advisory.
Chevon will allocate a portion of the acquired funds to expand its senior management team and develop new products, the company in a release issued here.
"The funding received will help us capitalise on the vast global opportunity in the goat meat segment, and promote our products in India, as well as internationally, as a high-quality source of protein with minimal impact on the environment," Chevon Agrotech founder and CEO Rizwan Thakur said.
The company, however, did not did not disclose the amount received.
-------------------------------------- Cashe raises Rs 20 crore debt from IFMR Capital
Cashe, a mobile app that provides personal loans to young salaried professionals, today said it has raised Rs 20 crore in debt from IFMR Capital.
The money will be utilised for building the loan book and accelerate growth during the year, it said in a statement.
Cashe offers loans from Rs 10,000 to Rs 2 lakh for a period of up to six months and has so far disbursed Rs 200 crore since its April 2016 inception, it said.
--------------------------------------- TCB launches Official Destination Website
The Tourism Council of Bhutan (TCB) today launched its new official destination website.
The TCB has undertaken this major development and up-gradation of its official travel destination website during the past few months to improve information sharing among the stakeholders of the tourism industry, a release issued here said.
The website is aimed to act as an information portal for the potential visitors to Bhutan.
The TCB expects that this up-gradation will improve confidence of the stakeholders and visitors to visit Bhutan.
-------------------------------- Wadhwa partners Azuro to help owners rent their properties
Realty firm Wadhwa Group today said it has partnered with property management Azuro to solve the problem faced by home owners in renting out and managing apartments.
Under the partnership, Azuro will provide end-to-end service right from looking for the right tenants, verification and documentation process and house maintenance.
Wadhwa Group will offer the rental services of Azuro to its over 2000 customers across some of their delivered and ongoing key projects in the megapolis.
----------------------------- Thai Smile launches flight services to Mumbai from Bangkok
South-east Asian carrier Thai Smile has launched its services to Mumbai from Bangkok with its maiden flight arriving at the Chhatrapati Shivaji International Airport (CSIA) here today.
The commencement of Thai Smile services to the city comes on the back of another Thailand carrier, Thai Lion, launching its operations from Bangkok's second airport Don Mueang to Mumbai late last month.
Thai Smile will operate five flights per week on the Mumbai-Bangkok route, Mumbai International Airport Ltd (MIAL) said in a statement.
Passenger traffic at the Mumbai airport surged 8 per cent to 45.2 million passengers (including 12.4 million international ones) in the last fiscal.
------------------------------- Tata Value Homes launches '99 hours flash sale'
Tata Value Home, a 100 per cent subsidiary of Tata Housing, today launched '99 hours flash sale' for its projects across the country.
Through this offer, Tata Value Homes will enable customers to own their dream home with 99 per cent funding by select banks, the company said in a statement issued here.
The scheme is applicable on the first 99 units across the projects and for a limited time frame of 99 hours starting from November 2 to 6.
------------------------ Capital Float launches proprietor loans
Digital lending platform Capital Float today said it has launched proprietor loans to support micro-entrepreneurs in the country.
The product targets small retailer segment like salons, medical stores, kirana, mobile phone retailers and small restaurants, who face challenges in obtaining loans for business expansion from traditional lenders, it said in a statement.
It also aims to reduce documentation and the time taken to avail a loan in comparison to traditional banking services.
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