Financial and Technological Leaps: Major Investments Shaping Industries

EvoluteIQ, an AI-based automation platform, secured USD 20 million in funding to enhance operations and expand globally. Muthoottu Mini Financiers aims to raise Rs 150 crore through a bond issue, while actor Ayushmann Khurrana invests in Techybrid ThinkTank, supporting innovative educational solutions.

Devdiscourse News Desk | Mumbai | Updated: 29-10-2024 20:46 IST | Created: 29-10-2024 20:46 IST

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Muthoottu Mini Financiers announced plans to raise Rs 150 crore through a non-convertible bond issue. The initial base size is Rs 100 crore, with a possible oversubscription of Rs 50 crore.

EvoluteIQ, an AI-powered business automation platform, has secured USD 20 million in a new funding round led by Round2 Capital. This boost, comprising both equity and debt, will facilitate operations enhancement and global expansion. Other investors include Nordea Growth Fund, DCAP Select, and PH Ventures.

Actor Ayushmann Khurrana has invested in Techybrid ThinkTank and will serve as the brand ambassador for Birla Brainiacs, a homeschooling platform. The tech company, by Nirvaan Birla, aims to merge online and offline education for evolving student and parent needs.

(With inputs from agencies.)