Ambit Investment Advisors Emerging Giants fund has been a consistent performer, rising 5% in June. It has given a whopping 40% return in a 1-year period.ICICI Prudentials PIPE strategy fund in the midcap and smallcap category has given nearly 10% returns in June and has been a consistent performer. Over a 1-year period, this fund has given 46% returns to investors.
BSE Sensex added 126.76 points, or 0.22 per cent, to settle at 57,653.86, while Nifty50 advanced 40.65 points, or 0.24 per cent, to 16,985.70 for the day.
Bangalore (Karnataka) [India], January 9 (ANI/NewsVoir): Bangalore based social commerce platform BankSathi has raised $4M USD in funding from Kotak Securities, Lets Venture, We Founder Circle, Hem Securities and IPV (Inflection Point Ventures). The company has also received funding from Recur Club, Liquiloans, Sunil Singhania (Abakkus), Kunal Shah (CRED), Dr. Ritesh Malik (Innov8), Kailash Biyani (Asian Markets), Mukul Rastogi & Bhaswat Agarwal (ClassPlus), Varun Alagh (MamaEarth), Sameer Rastogi (India Juris), Manish Dabkara (EKI Energy), Dinesh Godara (3X founder), and Mukund Modi (MS Fincap). The funds will be used to invest in high-calibre employees across all the company's operations and to accelerate the development of new products and technology. In addition, the organisation will invest resources toward growing both its agent network and geographic reach into new regions. BankSathi is a social commerce fintech platform to empower consumers' financial life by provid