Ethnic wear brand Fashor raises USD 5 million funding from Blume Ventures – ET Retail

Representative Image Ethnic wear brand Fashor has raised USD 5 million in a funding round from early-stage venture capital firm Blume Ventures. The funds will be used for omnichannel expansion, building the brand, and strengthening the supply chain. Founded by Vikram and Priyanka Kankaria, the brand’s offerings are available through its website, app and fashion…

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IIT Madras raises record Rs 513 crore from alumni, corporates & donors; 48 donors give Rs 1 crore or more – Times of India

The Indian Institute of Technology Madras (IIT-M) has announced that it raised a record Rs 513 crore during the financial year 2023-24, marking more than double the amount raised in the previous year. As per an ET report, this increase came from alumni, corporations, and individual donors, showcasing the strong support for the institution’s mission…

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