Business Bureau

India’s leading digital fixed-deposit platform, Stable Money, has secured ₹173 crore in Series B funding led by Fundamentum Partnership, co-founded by Infosys co-founder Nandan Nilekani. Existing backers including Aditya Birla Ventures, Z47, RTP Global, and Lightspeed also participated in the round, reaffirming confidence in Stable Money’s fixed-income investment model. Founded in 2022, the wealthtech platform enables users to invest in fixed deposits with returns up to 9.1%, offers instant withdrawals, and eliminates the need for savings accounts. Deposits come with RBI-backed DICGC insurance of up to ₹5 lakh. The company has already onboarded over 20 lakh users across India, managing…

SATYA MicroCapital Limited, a leading microfinance institution in India, is driving financial inclusion for rural women in Assam through its collateral-free loan model. The company has supported over 1.6 million women across rural and semi-urban India, enabling them to start small businesses and achieve financial independence. In Biswanath, Sumitra Devi, once a homemaker, became an entrepreneur with a ₹40,000 loan from SATYA. Unable to access formal credit due to lack of collateral, Sumitra launched a tailoring business from her home. With steady repayments, she qualified for higher loans, expanded her inventory, and now earns about ₹1,100 per day. She has…

Škoda Auto India has unveiled a comprehensive roadmap to strengthen its presence in the Indian automotive sector, targeting 2025 as its “biggest year” yet. Celebrating 130 years globally and 25 years in India, the company aims to accelerate growth through a robust product lineup, rapid network expansion, and enhanced customer engagement. Brand Director Ashish Gupta emphasized India’s strategic importance, stating, “India is the most important growth market for Škoda Auto outside Europe. With clarity of vision and agility in execution, 2025 will mark a major leap for us in India.” Škoda’s aggressive product strategy includes expanding its SUV portfolio —…

Isuzu Motors India has announced its nationwide ‘ISUZU I-Care Monsoon Service Camp’, scheduled from June 16 to 21, 2025. The initiative will cover the entire range of ISUZU D-MAX Pick-ups and SUVs, offering preventive maintenance and attractive service benefits across all authorised dealer outlets in India. As part of its ISUZU Care programme, the Monsoon Camp aims to ensure a safe and hassle-free driving experience for customers. The camp will be held at ISUZU’s extensive network of service facilities in over 75 locations, including major cities such as Chennai, Hyderabad, Kolkata, and Delhi. As local ISUZU owners prepare their vehicles…

The Rs. 49.14 crore Rights Issue of IFL Enterprises Limited (BSE – 540377), has engaged in the agri commodity business including import, export and trading of agri commodities, will open for subscription on June 19, 2025 and remain open till June 30, 2025. The Rights Issue is attractively priced at Rs. 1 per share, offering existing shareholders an opportunity to increase their equity in the company. Board of directors in the meeting held on June 9 2025 considered and approved the rights issue. Earlier, Board of directors of the company on 30th December, 2024 and Draft Letter of Offer dated…

Jana Small Finance Bank (Jana SFB), one of India’s largest small finance banks, has formally applied to the Reserve Bank of India (RBI) for a Universal Banking license, marking a strategic step in its expansion roadmap. The move comes as Jana SFB aims to widen its service offerings and transition into a full-spectrum bank. “Applying for a Universal Banking license is a natural progression,” said Ajay Kanwal, MD & CEO of Jana SFB. “We aim to be the Anchor Bank to a Rising and Atmanirbhar India.” Since obtaining its SFB license in 2017, Jana has built a solid deposit and…

Bollywood actress Kriti Sanon has ignited a fresh wave of curiosity among fans and wellness enthusiasts alike — not with a film release, but with a rather unusual green tea moment captured on set. In a recent behind-the-scenes glimpse, Sanon was seen sipping a cup of what appears to be more than just ordinary green tea. The image, which quickly went viral, has set social media ablaze with speculation ranging from new fitness routines to possible wellness ventures. Hashtags like #NotYourRegularGreenTea and #WellnessDisrupted have only fuelled intrigue around what’s being dubbed a “wellness disruption.” While no official announcement has been…

Godrej Industries Group marked a vibrant and inclusive Pride@Godrej 2025 celebration, going beyond symbolic gestures to amplify authentic LGBTQIA+ voices through storytelling, entrepreneurship, and cultural expression. The event featured a spirited Pride March at its Godrej One headquarters, led by Manish Shah, MD of Godrej Capital, joined by senior leaders and employees worldwide in a show of solidarity. A key milestone was the launch of Queer Directions, a dedicated publishing imprint in collaboration with Westland Books, aimed at uplifting queer narratives. The Pitch Bazaar connected aspiring queer authors with publishers and media professionals, while the Queer Bazaar provided a platform…

ICICI Bank and Tata Memorial Centre (TMC) have jointly laid the foundation stone for a state-of-the-art cancer care block at the Homi Bhabha Cancer Hospital and Research Centre (HBCHRC) in Visakhapatnam. With an investment of over ₹550 crore, the upcoming ICICI Foundation Block for Child and Blood Cancer will significantly boost specialised healthcare capacity in eastern India. Spanning nearly 3.9 lakh sq ft, the eight-storey facility will house 215+ beds and is projected to treat over 3,000 patients annually upon completion in 2027. The project is part of ICICI Bank’s expanded ₹1,800 crore commitment to TMC, which includes similar cancer…

A groundbreaking global survey by Mars and Calm reveals that pets are playing a vital role in supporting mental health among Indians. Conducted by YouGov across 20 countries with over 31,000 pet owners, the study found 79% of Indian pet parents credit their pets for boosting mental wellbeing. During stressful times, 57% prefer their pet’s company over family or friends. Notably, 93% say their pets help them take work breaks, while 92% report a reduction in screen time, signaling pets’ role in digital detoxification. Additionally, 79% of Indian owners say pets improve their sleep, and 88% report relief from anxiety…