Deccan Region Today
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Business
Food delivery startup Swish raises $38 million; valuation more than doubles
Swish has raised $38 million led by UK-based Hara Global and Bain Capital Ventures, with participation from Accel and others. Hara Global and Accel are existing investors in Swish, which has also raised venture debt as a part of this round from Alteria Capital and Stride Ventures, cofounder and CEO Aniket Shah told ET.
Japan to lend Rs 6,100 crore for Namma Metro's Phase 3; project deadline pushed to April 2032
The Japan International Cooperation Agency (JICA) will lend Rs 6,100 crore (¥102,480 million) as Official Development Assistance (ODA) for Namma Metro's Phase 3. The loan agreement was signed in New Delhi on Tuesday between Alok Tiwari, Joint Secretary, Department of Economic Affairs, Ministry of Finance, and Takeuchi Takuro, Chief Representative of JICA India Office, according to a news statement.
Business
Andaman & Nicobar sees rising interest in luxury eco-tourism investments: Lt Governor
The Andaman & Nicobar Islands are witnessing growing investor interest in luxury eco-tourism, the Lt Governor informed the Union Home Minister. Multiple hospitality projects are progressing, with strong response to upcoming developments in Smith and Ross Islands. Authorities are also exploring expansion to Little Andaman, positioning the region as a high-potential niche global tourism destination.