Fintech platform KreditBee has secured $100 million as a part of its ongoing Series D funding round led by private equity firm Advent International. The freshly infused funding will be used for scaling KreditBee's existing business and diversifying its product offerings by venturing into digitally enabled financial products. KreditBee has secured close to $200 million to date.

According to HDFC Securities, the gold rates fell Rs 153 to Rs 55,650 per 10 grams in the national capital on Friday amidst a fall in the prices of precious metals globally. Gold settled at Rs 55,803 per 10 grams in the previous trade. Silver also dropped Rs 7 to Rs 68,700 per kilogram. In the international market, gold was trading lower at USD 1,839.6 per ounce.

Major investors in Cardano have bought 217.2 million ADA since the beginning of 2023, according to on-chain analytics portal Santiment. However, in the previous two months of 2022, these same investors sold 568.4 million ADA, twice as many as they bought in the current year. The price of Cardano has risen by more than 10% since the start of January, recovering from a 44% drop in value since early

📢 Benchmark indices CLOSED on a negative note after the volatile session on January 6. 📊 At 3:30 PM, the Sensex was down 452.90 points or 0.75% at 59,900.37, and the Nifty was down 132.70 points or 0.74% at 17,859.45. 👉Among sectoral indices, buying was noticed in Consumer Durables (🔼0.07%) and FMCG (🔼0.03%). However, IT (🔻 2.00%), and Media (🔻 1.45 %) witnessed selling pressure.

Reliance group companies Reliance Consumer Products Ltd (RCPL) and Reliance Retail Ventures Ltd (RRVL) will acquire a 26 per cent additional stake in Lotus Chocolate via an open offer. The open offer will begin on February 21 and conclude on March 6. Owing to this, Lotus Chocolates' shares touched a 5% upper circuit level of ₹156 apiece on the BSE.

German drug maker BioNTech SE announced that it has inked a pact with the UK government to enrol up to 10,000 patients in clinical trials by the end of 2030 for personalised cancer therapies. The German drug maker also stated that it would open a research and development hub with more than 70 scientists in Cambridge.

The list of cryptocurrency exchanges that will offer the Flare (FLR) token airdrop now includes Bitget. Users who owned XRP tokens at the time of the snapshot, which took place about two years ago, will be able to get their tokens back. Cryptocurrency trading platforms, including Coinbase, Bitstamp, Bitrue, Okcoin, Bitfinex, and Kraken, have also added support for the token.

List of stocks that ended close to their 52-week high in the previous session: 📌 REC Limited 📌 Apollo Tyres Limited 📌 Abbott India Ltd 📌 Power Finance Corporation Limited 📌 RHI Magnesita India Ltd 📌 Psp Projects Ltd 📌 Apar Industries Ltd 📌 Techno Electric & Engineering Com Ltd 📌 Sundram Fasteners Limited 📌 Anand Rathi Wealth Ltd

The U.S. Securities and Exchange Commission (SEC) is launching a probe into the details of the FTX investors due diligence. The regulator is looking into the procedures investors followed while investing in FTX and has already filed accusations against three FTX executives. Three FTX executives have already been charged with fraud by the SEC.

On Friday, Shares of Dabur India fell after the company said demand trends for the industry stayed weak during the third quarter, with rural markets under pressure. Shares of Dabur traded down nearly 4% at Rs 552.80. The stock has performed poorly in the last year. During the period, it is down 5% as per the data.

Solana currently trades at $13.2. In the last 24 hours, the coin moved 0.17% to the upside and went up by 44.82% in the last seven days. The 16th largest cryptocurrency by market cap is in green like the rest of the market. The 24-hour trading volume is at $528M, which is a 30.61% decrease in the last 24 hours.

Sigachi Industries announced that its board of directors are slated to meet on Tuesday, January 10, to consider the proposal of raising funds by way of the issue of equity or convertible warrants on a preferential basis to the promoters and non-promoters. Owing to this, the shares of the company spiked more than 13% in Friday's trading session.

On Friday, Mercury Metals, a Small-Cap stock, shares surged, hitting a 52-week high of Rs 15.18 per share on BSE after being locked in the 5% upper circuit. Company's shares soared 1,685%n over the past year, while its shareholders have enjoyed outstanding returns of more than 860% in just the last six months!

Premji Invest, Kedaara Capital, TR Capital, and SoftBank, the early backers of D2C eyewear unicorn Lenskart, intend to partly exit the startup through its 400 Mn funding round. The aforementioned investors are planning to offload their shareholding in Lenskart to Abu Dhabi Investment Authority (ADIA), which is participating in Lenskart’s $400 Mn round.

Droneacharya Aerial Innovations' IPO was launched last month on Tuesday, December 13, 2022. The stock made its market debut on December 23, 2022. Since then, the shares of Droneacharya Aerial Innovations have been witnessing an uptick. Today, the shares of Droneacharya Aerial Innovations spiked to touch the upper circuit level of 10% on the BSE.