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September 23, Sunday 2018 11:18 PM       

       HEADLINES: Franco Mulackal should be subjected to lie detector test, says police                                              Fr. Mathew Manavath raises allegation against Kerala BJP                                              Body of toddler found                                              Bishop brought to Kuruvilangad convent, evidence collected                                              CM reaches office                                              PM Modi to launch Ayushman Bharat today                                              PM to inaugurate Sikkim's first airport Monday                                              Japanese supply ship heads to space station after delays                                              Russia warns US it is 'playing with fire' with sanctions                                              Pak PM Imran hits out at India, calls its response "arrogant" for cancelling talks                                              Gavaskar impressed with Rohit Sharma's captaincy                                              Hasan, Asghar, Rashid fined 15 per cent of their match fees                                              Kaumudi Facebook
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       Grex Alternative Investments Market looks to raise $100 mln
 
         Posted on :02:02:54 Jul 10, 2018
   
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       Last edited on:02:02:54 Jul 10, 2018
         Tags: Grex Alternative Investments Market looks to
 
Mumbai: Grex Alternative Investments Market, a digital platform for startups and SMEs to raise capital, today said it was looking to raise USD 100 million for various companies through its platform.
 
It will also register 5,000 MSMEs and startups on its platform by FY19-end, the company said in a release today.
 
"We are opening doors to aspiring and deserving firms and are all ready to help them raise growth capital. The company plans to raise around USD 100 million and is looking at registering 5,000 unlisted MSMEs and startup companies on our platform by this year end," Grex chief executive officer Manish Kumar told PTI here.
 
The company helps in bridging the gap between early stage to mid-scale companies to potential investors and other ecosystem partners and opening applications from interested companies to apply for its first batch. The last date of application of first batch is July 31.
 
The companies can be from any domain - provided that they have done proof of concept and should be in early revenues stage. Grex would then be short-listing companies for its first cohort and facilitating their fund raised through giving them access to potential investors and other ecosystem partners.
 
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       BUSINESS
Next Article: Cong targets PM over fall in value of Rupee
 
 
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RBI submitted a list of high profile fraud cases to PMO: Rajan  
Chemists call for strike on Sep28 against online medicine sale  
Rupee sinks to new low of 72.91, drops 22 paise against USD  
Skills and You develops special module 'Curio'  
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FinMin in touch with RBI for market intervention to contain rupee value  
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Niti Aayog asks auto cos to stick to timeline to achieve full e-mobility  
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Jio completes two years, aims to take India to 'top 5' in broadband connectivity  
Gold rises 0.46% on positive global cues  
 
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