Latest business news India today 23 June 2021

Here’s today business news, the latest business news India today 23 June 2021.

• NCLT is said to have approved the insolvency resolution plan for Jet Airways submitted by Kalrock Capital and Murari Lal Jalan.
• India Infrastructure Finance has reportedly sought clearance from RBI to lend to infrastructure investment trusts as they are performing well.
• Finance Ministry has asked Infosys to fix all issues on the new Income Tax portal on priority.

• Bimaplan’s parent company, Coverplan Technology, is said to have raised $2.5 million as part of a bridge funding round for pre-Series A from Amino Capital, Goodwater Capital, Acequia Capital, and EMVC.
• Bueno Gig Credit Building Technologies is said to have raised $3 million in a seed funding round led by Goat Capital and JAM Fund.  It also saw participation from Olive Tree Capital, Good Water Capital, Kunal Shah, Anupam Mittal, and others.

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• CityMall, an e-comm platform, is said to have raised $22.5 million as part Series B round of funding led by General Catalyst and Jungle Ventures.
• HDFC Bank is reported to have set up separate digital and enterprise factories to roll out new digital products and services.
• Union Minister Piyush Goyal said that India will soon launch Phase 1 of ‘single-window system’ for investors.
• Symphony Limited has announced the appointment of Amit Kumar as ED and group CEO with effect from August 2, 2021.

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• SIDBI has reportedly launched a revamped version of its liquidity scheme for Covid-hit MSMEs called LIQUID 2.0. Under the scheme Sidbi will enable term loan for its existing customers for the purpose of executing new orders, purchase of raw materials, machines, and equipment, clearing unpaid creditors, etc. SIDBI said MSMEs would get assistance up to 20% of their highest outstanding in the previous 12 months subject to a maximum of Rs 1.5 crore.:Financial Express
• Skillmatics, a D2C brand offering educational products and games for children, is said to have raised $6 million as part of its Series A round of funding led by Sequoia Capital India.
• PETA has reportedly asked Amul to withdraw its recent ad on Novak Djokovic’s recent win in Frech Open stating that Novak is vegan and does not promote dairy products.

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