Fireside Ventures closes Rs 2,265 crore Fund IV, sharpens consumer bets – The Times of India

Fireside Ventures closes Rs 2,265 crore Fund IV, sharpens consumer bets – The Times of India

(Image credits: X @firesideventure) BENGALURU: Consumer focused venture capital firm Fireside Ventures has closed its fourth fund with commitments of Rs 2,265 crore (about $253 million), doubling down on early stage consumer brands as it chases the next wave of health, wellness and lifestyle companies in India. The new vehicle takes the firm’s total assets…

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Currency update: Rs 2,000 notes worth Rs 5,817 crore still in circulation; RBI says 98.37% of high-value bills returned – The Times of India

Currency update: Rs 2,000 notes worth Rs 5,817 crore still in circulation; RBI says 98.37% of high-value bills returned – The Times of India

High-value Rs 2,000 denomination notes worth Rs 5,817 crore remain in circulation, the Reserve Bank of India (RBI) said in data released on Saturday.The central bank had announced the withdrawal of Rs 2,000 notes from circulation on May 19, 2023, while clarifying that the currency continues to remain legal tender, PTI reported.According to the RBI,…

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