Monday, August 4, 2025

Creating liberating content

Access Denied You don’t have permission to access ” on

The allotment results for NSDL’s Rs 4,011.60-crore initial public offering

Related News

Access Denied You don’t have permission to access ” on this server. Reference #18.4cfdd417.1754298733.17739d2b Source link

VinFast in Chennai with its biggest showroom in India (Credit: VinFast Fb account) VinFast Auto India, a Vietnamese electric vehicle company, opened its largest retail outlet in Chennai, marking its

The allotment results for NSDL’s Rs 4,011.60-crore initial public offering (IPO) is set to be announced Monday i.e. August 4, following an overwhelmingly positive response from investors. The IPO, priced

Technically, Gold on COMEX was not able to breach the important $3280 mark on the lower side, hence some upside could be seen from these levels. (AI image) Gold price

In a significant development for the Indian financial markets, the net inflow of foreign portfolio investors (FPI) into the Indian primary market has reached a seven-month high of $1.7 billion

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting August 4, 2025) are Suzlon, and

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Financial super-app Abound raises $14 million

Word Count: 196 | Estimated Reading Time: 1 minute



New Delhi: Abound, the financial super-app designed for Indians in the US, has raised $14 million in seed funding to accelerate its goal of creating a seamless financial bridge between the non-resident Indians (NRIs) and India.
Led by NEAR Foundation, with participation from Circle Ventures, Times Internet and others, this round marks Abound’s first external investment since its incubation at Times Internet, the digital arm of The Times of India Group.
The company has already processed over $150 million in remittances and facilitated $87 million in rewards GMV, demonstrating significant traction. Abound has seen 50% month-on-month revenue growth over the last 6 months, with over 5 lakh users.

Congratulations!

You have successfully cast your vote

“The Indian American community is the wealthiest ethnic group in America, with nearly 2x the household income of the average American home, and yet their unique needs are deeply underserved,” said Satyan Gajwani, vice chairman, Times Internet. “Abound is bringing a world-class digital product to this audience that can serve a wide variety of their daily needs.” With this funding, Abound will expand its product offerings, enhance its technology infrastructure, and grow its team across product, engineering, and growth.



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account