Industry Trends

Google Appeals US Antitrust Order Requiring It to Share Search Data with Rivals

Google has appealed a US court order that requires it to share search-related data with rivals as part of DOJ antitrust remedies. The company argues the move could hurt innovation and competition. The post Google Appeals US Antitrust Order Requiring It to Share Search Data with Rivals appeared first on MEDIANAMA .

Startup Funding

Wealthtech startup AssetPlus raises Rs 175 crore in funding from Nexus VP, existing investors

Wealthtech startup AssetPlus has raised Rs 175 crore, or about $19.3 million, in a new funding round led by Nexus Venture Partners. Existing investors Eight Roads Ventures and Rainmatter Fund also took part in the round. The Chennai-based startup said the fresh capital will be used to strengthen its technology platform and expand its product offerings. AssetPlus had earlier raised $12.9 million from investors including InCred Capital. Founded in 2016 by Vishranth Suresh and Awanish Raj, AssetPlus offers a digital platform for mutual fund distributors and investors. The platform helps users manage investments through digital workflows and technology-based tools. It includes features such as ONDC integration and AI-led advisory solutions. Over time, AssetPlus has expanded beyond mutual funds. The startup now offers insurance products such as term and health plans, along with fixed deposits and retirement-focused products. In the next six months, the company plans to launch portfolio m...

Startup Funding

Jaipur-based NBFC firm Namdev Finvest raises $37 million from domestic and global investors

Jaipur-based non-banking finance company (NBFC) Namdev Finvest Private Limited has raised $37 million, around Rs 324 crore, through a mix of listed non-convertible debentures and external commercial borrowings. The funding round saw participation from domestic and global investors including FMO, Impact Investment Exchange, Franklin Templeton AIF India and Symbiotics. FMO contributed $20 million, while Impact Investment Exchange invested $8 million through its Women’s Livelihood Bond 7. Franklin Templeton AIF India invested $2.3 million and Symbiotics invested $6.5 million. The firm said the funds will be used to expand its MSME lending business in underserved rural and semi-urban areas of India. Namdev Finvest focuses on micro, small and medium enterprises, women-led businesses, youth-driven ventures and emerging entrepreneurs to improve access to timely credit. In March 2025, Namdev Finvest also completed a $3 million top-up round from existing investor LC Nueva AIF and the promote...