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Savart has raised around $1.5 million in a pre-Series A funding round led by 9Unicorns.

#Smartapp company series

Light Microfinance has raised Rs 196 crore in a Series B funding round led by British International Investment.Air India, AirAsia India, Vistara has signed MoU with CSIR–IIP for sustainable aviation fuel.

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Ikea India has raised Rs.600 crores from Ingka Pro Holding BV and Ingka Holding Overseas BV.

Whirlpool of India has planned to invest ₹115 crores to make premium front-load washing machines in India.

The rupee declined about 89 paise to 81 per US dollar mark.

Microfinance sector grows 24% in June quarter loan disbursals rise nearly 80%.

Prices of rice may continue to go up, says govt.

Elan Group has appointed Pallavi Mohan as Head of Marketing & Communications.Electronics Sector Skill Council of India (ESSCI) has signed a MoU with Samsung India, the Ministry of Skill Development and Entrepreneurship to train youth with industry-relevant skills.Wipro has partnered with Finastra to power digital transformation for corporate banks in India.Coforge has partnered with Databricks to help organizations generate actionable insights from data.Wunderman Thompson India has appointed Rakesh Varma as Vice President & Executive Business Director and Abhay Godbole as Vice President & Client Servicing Director.Happily Unmarried Marketing(Ustraa) has raised INR 16.8 Crore in a funding round led by Startup Investments.National Small Industries Corporation (NSIC) has partnered with medical tech park AMTZ to support MSMEs in healthcare.