Bootstrapping refers to utilizing personal finances and the available resources to establish a business. Basically the process of bootstrapping is about self reliance and doesn’t allow the interference of any external investor.
The Indian startup ecosystem saw yet another spree of funding rounds and acquisitions from 09-14 September 2024 as buoyed entrepreneurs reflect the resilience and innovation driving the entrepreneurial landscape in
The Indian startup ecosystem remains resilient and continues to exude growth potential despite global economic uncertainties. In the past week, Indian startups raised $176 million collectively, therefore ensuring continuous investor
Japanese multinational automotive and motorcycle company Suzuki announced an elaborate long-term initiative to support the burgeoning Indian startup ecosystem by forming Next Bharat Ventures—a substantial corpus of Rs 340 crore
The FinTech sector is an important movement leading the future unicorn landscape in India, with 30 startups eyeing entry into the billion-dollar valuation club. According to the ASK Private Wealth
Mohandas Pai, a well-known personality in India’s IT and financial worlds, has joined the list of stakeholders that have publicly called for the Modi 3. It explained that the current
Indian companies raised a total of $217.84 million through 31 agreements, a 273% increase from the previous week’s $58.36 million raised through 16 deals. This week, the ecommerce industry emerged
Indian entrepreneurs were able to garner a $58.36 million across 16 agreements, a 52% decrease from last week’s $121.8 million raised across 21 transactions. The Fintech industry emerged as an
Between May 13 and 18, Indian companies raised a total of $121.8 million in 21 deals, a 45% drop from the previous week. Fintech regained supremacy in weekly funding trends,
Between May 6 and 11, Indian startups raised $220.2 million in a total of 21 agreements. Atlan’s $105 million investment round was the week’s only big funding round. Seed funding
Between April 29 and March 4, Indian startups raised $316.4 million in a total of 23 agreements. PharmEasy’s $216.2 million financing was the lone big fundraising round of the week.
Between April 22 and April 27, Indian startups raised a total of $172.6 million in 21 agreements. Fintech took the lead this week, with entrepreneurs in the area raising $88.5
🌟 Exciting News for Indian Startups! 🚀 🚀 Nominate Your Company Now! 🚀👉 Register Here: https://www.businessoutreach.in/india-startup-conclave-2024/ 🔥 Embrace the Future of Entrepreneurship 🔥 📅 Date: 17th February,2024🕒 Time: 11 AM
Gameskraft, headquartered in Bangalore, is a pioneering startup committed to enhancing the accessibility and enjoyment of online gaming experiences for individuals across India. Since its establishment in 2017, the company
The Indian generative AI startup Sarvam AI announced on Thursday that it has raised $41 million in its Series A round, which Vinod Khosla’s Khosla Ventures and Peak XV Partners
Investments in Indian agritech firms decreased by 45% between the 2021–22 and 2022–23 fiscal years as a result of higher global interest rates and increased investor skepticism amid escalating uncertainties.
The company claims to have already invested $140 million in start-ups in India.
The top South Korean gaming corporation, KRAFTON, Inc., creator of the BGMI, plans to invest $150 million in India over the next two to three years.
With a 70% decline in investment since FY22, Indian entrepreneurs are experiencing a financial winter, requiring them to reduce the burn rate and accelerate their route to profitability. According to Redseer’s examination of 100 unicorns, the number of profitable unicorns will increase from 30 in FY22 to 55 in FY27.
Youth fashion company Styched has strategically acquired casual sneaker startup Flatheads with the goal of solidifying its position, as a player in the fashion industry. Flatheads is known for its expertise, in sneakers while Styched operates with a unique approach that eliminates waste, inventory, and warehousing. This acquisition will bolster Styched’s sneaker collection. Broaden its reach in the market.
Minister of State (MoS) for Science and Technology Jitendra Singh emphasized the pivotal role played by the private sector in India’s space economy highlighting that there are now 140 Indian space tech startups operating in India, which is a significant achievement due to the country’s liberalized space policies.
Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, feels that India is well-positioned to produce 1 lakh unicorns and 10-20 lakh startups in the future.
WE Hub a women’s startup incubator, inked a Memorandum of Understanding (MoU) on Sunday with Cyber West Sign, an Australian digital marketing agency, to promote cross-border prospects for companies in
India’s driving computerized installments and monetary administrations firm Paytm swung to a working benefit without precedent for Q3FY23, essentially in front of its objective of September 2023. The QR and
The tsunami of layoffs has completely destroyed the Indian IT industry, and well-known Indian Unicorn Startups companies like Swiggy, Dunzo, and ShareChat have all dramatically decreased their employee sizes. After
Can anyone tell Business Outreach Magazine why people smile? Without pondering one will say that it is the expression of our happiness coming to life. But a smile and happiness
Despite a stock market crash shaking digital companies, Sequoia India and Sequoia Southeast Asia raised $2.85 billion across three funds to continue financing entrepreneurs in the region. Sequoia is introducing
Direct-to-consumer (D2C) home fragrance and wellness brand Phool.co has raised $8 million in a new round from consumer-focused venture fund, Sixth Sense Ventures. Phool.co, India’s first biomaterial company and fragrance-focused
The funding round witnessed the participation of Avendus Future Leaders Fund who presented itself as a financial advisor to assist the farm-to-fork startup in carrying out the transaction. Licious, Bengaluru-based
New Delhi, 03 August 2021: Glamyo Health (www.glamyohealth.in) – a multi-speciality healthcare provider has announced free healthcare services to all 127 Indian athletes competing in the Tokyo Olympics 2020. The
B2B e-commerce platform Moglix is performing its share to fight COVID-19 by supplying PPE, oxygen concentrators, oximeters, thermometers, and more to necessary and crucial goods and services companies to assure
PC: Tech in Asia The financial super-app Abound successfully obtained $14 million during its seed funding period to serve Indians living in the United States. NEAR Foundation served as the
Understanding FinTech and Its Impact on Startup Ecosystems Financial technology, commonly known as FinTech, refers to the integration of technology into offerings by financial services companies to improve their use
India has won commitments of $782.4 million from the Green Climate Fund toward mitigation and adaptation climate projects, thus registering some major success in the global fight against climate change.
Agrizy, an innovative agritech startup, has successfully raised $9.8 million in a funding round co-led by Accion and Omnivore. This substantial financial boost also saw participation from Capria Ventures, Thai
Introduction to Verbatica Verbatica is an up-and-coming UAE-based EdTech startup that raised US$700,000 in angel investments for revamping its language learning platform. The funds will help the company achieve its
In an exciting development for enterprises across India, IDfy, a leading fraud detection and background verification startup, has unveiled a comprehensive suite named Privy. This suite is designed to help
PC: Business Review Live In what could just turn out to be the shot in the arm for the electric vehicle (EV) segment, Ahmedabad-based electric mobility startup Matter raised INR
The corporation will utilize the capital to grow across sectors such as automobiles, household goods, and electronics. Difacto provides robotics solutions to the Indian manufacturing sector. The company counts Mahindra
We Founder Circle, 888 VC, Vinners, Indigram Labs Foundation, and Google were among the investors who provided investment in the form of grants and equity. The funding will be used
Elevation Capital led the round, with participation from founders and angel investors. The business intends to grow its platform to accommodate over 5,000 applications, improve the capabilities of generative AI,
Edgro, a wholly-owned subsidiary of Propelld, secured finance from nine lenders, including Credit Saison India, AU Small Finance Bank, InCred Financial Services, and Northern Arc Capital. Edgro will use the
The startup stated that the investment will be utilized for regional expansion, deepening SKU presence, and developing and strengthening capacity. Vinay Kothari and Raksha Kothari, a brother-sister team, founded Go
Velumani intends to pick seed-stage firms with significant growth potential, and target organizations with at least INR 5 crore in revenue. For the last two years, Velumani has been mentoring
Leaders are a few personalities that are brightest as the North Star, guiding the future of human evolution. Business, Economy, Growth and Sustainability holds some of the necessary pillars of
Abhishek Goyal, co-founder of Tracxn, Escape Velocity, and the IIM Indore Alumni Angel Fund, also participated in the round. Included plans to use the money to develop internal technology, strengthen
Simactricals, a firm incubated at IIT Kanpur’s firm Incubation and Innovation Centre (SIIC), has developed a cutting-edge wireless charging technology that aims to revolutionize the EV sector. Simactricals recently secured
Maj Invest led the pre-Series C fundraising round, which also included participation from the company’s promoters and present employees. The fundraising effort takes place barely two months after Namdev raised
The latest funding will assist the firm in increasing its product innovation. SatSure utilizes satellite data to provide ‘decision intelligence’ for the BFSI, agribusiness, and infrastructure industries. It counts Force
Flipspaces, led by Kunal Sharma, reaches an EBITDA profitability milestone, highlighting efficiency and profitability. The enterprise has seen strong revenue development in India and the United States, indicating a substantial
Leadership in the most holistic sense always dictates community building and imparting values to the society. The intricacies of an emerging economy aligns with proactiveness in building an effective startup
Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave Incubation, and Deepinder Goyal, the founder of Zomato, all participated in the investment round. Ultrahuman, a healthtech business that sells wearable
In his new post, Bansal will be responsible for overall financial strategy, including corporate financial planning, budgeting, supply chain management, and treasury management. He will report to and work closely
Jesper Brodin, worldwide CEO of Ingka Group, underlined India’s importance due to its size, noting that Ikea’s worldwide strategy is consistent with the features of the Indian market, striving to
Today, Goa-based electric vehicle startup Kabira Mobility will introduce the KM3000 and KM4000 Mark-II models, which are the company’s second generation of motorbikes. According to the firm, the models are
TiE Delhi-NCR HR Summit 2024 New Delhi, 2 February, 2024: HR leaders, professionals and founders came together at TiE Delhi-NCR’s HR Summit with the theme ‘Where Culture Meets Strategy,’ aiming
With the theme ‘Innovation Driving Sustainability: Realise the Power of Tomorrow,Today’, India’s largest Tech & Infra Expo will showcase India’s transformation This three-day event is scheduled for 17-19 January at
Chargebee functions as a premier subscription and recurring billing management platform, specializing in streamlining revenue processes for numerous SaaS-based enterprises. Renowned for its commitment to excellence, the company collaborates with
Introduction Udaan operates as a prominent business-to-business (B2B) e-commerce platform, dedicated to fostering business growth through cutting-edge technology. Functioning as a substantial online marketplace within the Indian business landscape, Udaan
The National Institutional Ranking Framework (NIRF) unveils an exhaustive ranking of premier medical institutions in India, illuminating the exemplary establishments that stand at the forefront of medical education and healthcare.
Fibmold, founded in October 2022 by Param Gandhi and Vaibhav Garg, creates environmentally friendly, molded fiber packaging materials that imitate the functionality of hard plastics. According to the business, its
According to corporate papers, online gaming and esports startup Nazara Technologies is introducing Nazara Publishing, a publishing platform enabling developers worldwide to exhibit their games in India. In the next
In an ever-changing financial landscape, fixed deposits (FDs) have long been a favourite investment choice for Indians seeking safety and guaranteed returns. As the economy recovers from the recent turbulence,
Kunal Mundra, the former CEO of Cars 24 India, has joined with digital investing platform, Grip, to launch EV asset management and leasing startup, Electrifi Mobility, in June 2023, to increase mobility electrification in India, Electrifi Mobility said on Thursday.
Rajnish Kumar will lead Mastercard’s South Asia executive leadership team, which will be managed by Gautam Aggarwal, Division President for South Asia and Country Corporate Officer, India.
Boxs, a startup that is transforming the field of design for businesses has successfully raised $1.6 million, in funding. The investment was led by Peak XVs Surge with participation from Titan Capital and the founders of Zetwerk.
JioCinema and Krafton India have collaborated to live stream the Battlegrounds Mobile India Series (BGIS) 2023. The event will feature “The Grind” phase from August 17th to 20th followed by the finals from October 12th to 14th. With a prize pool of INR 2 Crore, the tournament has attracted, over 2,000 teams highlighting the growing popularity of esports in India.
OpenAI’s ChatGPT android version, the AI chatbot has been. Is now available to users in various countries including India, Bangladesh, Brazil, and the United States. Preorders are also open for nations as part of their expansion plans.
With a total net worth of $4.06 billion, four Indian-origin women reached the Forbes list of America’s 100 richest self-made women. With a total net worth of $4.06 billion, four
In its relentless pursuit of greatness, Rebel Foods aspires to construct a formidable $100 Mn food delivery empire within the Saudi market over the next three years. As part of this ambitious strategy, the company plans to inaugurate an additional 60 stores in Riyadh alone, while simultaneously expanding its footprint to encompass other prominent cities such as Jeddah, Dammam, and Khobar.
In a surprising turn of events, it has been reported that the prominent fantasy gaming platform, Dream11, has managed to secure the lead sponsor rights of the highly revered Indian cricket team for a whopping sum of INR 358 Cr.
The growth projection is in comparison to the 7.2% GDP growth in FY23. The economy had expanded by 9.1% in the preceding fiscal year (FY22). On June 22, Fitch Ratings increased its prediction for India’s economic growth to 6.3% for the current fiscal year 2023–2024 from its earlier projection of 6%.
Swedish furniture giant IKEA is set to make India its priority market as it invites its investment arm, Ingka Investments, to establish a presence in the country. This move demonstrates IKEA’s commitment to expanding its operations in India and aligns with Ingka’s plans to finalize the second phase of expansion in the country this year.
Chennai-based cleantech startup Proklean Technologies secures $4M in funding from Raintree Family Office, fueling its R&D efforts and hiring initiatives. The funds will aid the company’s expansion into new markets,
In their most recent annual study on the industry, global management consulting and strategic advisory firm Zinnov and venture capital firm Chiratae Ventures reduced the 2026 revenue forecasts of Indian software-as-a-service or SaaS startups from $100 billion to $26 billion.
India-based healthcare venture studio, 2070 Health, secures a substantial $30 million investment from W Health Ventures. The funding will drive innovation in healthcare, accelerating the development of groundbreaking companies that aim to make high-quality healthcare more accessible and affordable for one billion Indians.
Microsoft has worked with India’s Ministry of Skills Development and Entrepreneurship (MSDE) to give training to students and educators at government institutions via the Directorate General of Training (DGT). The
Growing their credit operations are Groww and Upstox, two significant challenger brands in the broking industry, according to sources. The ultimate goal is to keep clients who come to the
The recent exclusion of Mauritius and Singapore from a white list of geographies exempted from India’s angel tax provisions has sparked concerns among venture capitalists. This move, aimed at preventing
Top VCs discussed how corporate governance issues are now playing out in Indian companies and looked into ways for early-stage VC firms to implement effective controls that encourage adherence to
In its second seed-stage fundraising round, Northstar Ventures, a private equity firm supported by TPG Capital, raised $4.25 million for Locofy.ai, a front-end development acceleration platform that employs artificial intelligence
Several Indian start-up founders have spoken out against the Internet and Mobile Association of India (IAMAI), accusing the industry body of promoting “pro-foreign” Big Tech views on government regulations and
Chanakya Opportunities Fund I, a Sebi-registered Category II Alternative Investment Fund, will invest in successful SME firms with growth potential in unorganized industries; start-ups in manufacturing, consumer goods, and technology
High attrition rates continue to be a problem for two of India’s three major information technology (IT) firms, TCS and Infosys, according to their Q4 financial results. However, experts predict
Indian fintech unicorn Razorpay has established an advisory board of industry leaders from various fields to set the highest standards in customer experience, corporate governance, and risk and compliance in
The Indian Federation of App-Based Transport Workers (IFAT) has called on Blinkit, a quick-commerce unicorn owned by Zomato, to reconsider its recent pay cuts for delivery drivers. The national general
The business provides software that analyses video feeds from cameras put in cars to better understand driver conduct, minimize accidents and increase safety. LightMetrics, a video telematics business targeting commercial
Technically, a start-up is any business focused on developing, commercializing, and developing novel goods, services, or systems that are powered by new technology or intellectual property. The Indian startup ecosystem
The Indian investment ecosystem is changing in favor of business and entrepreneurship projects. The number of people engaging in startups and new business projects is rapidly increasing. But the lack
Kratos Studios, a web-based game firm, reported raising Rs 160 crore in a seed round that was led by Accel and included Prosus Ventures, Courtside Ventures, Nexus Venture Partners, Nazara
Software-as-a-Service (SaaS) platform Mintoak, which specialises in merchant services, has secured $20 million, including participation from PayPal Ventures, British International Investment, and current investors HDFC Bank and Pravega Ventures. The
Bharat Electronics Limited (BEL), a defence Public Sector Undertaking, and Israel Aerospace Industries (IAI) have recently signed a Memorandum of Agreement (MoA) to establish a joint venture. The primary objective
Indian defense exports are expected to reach $5 billion by 2024–2025, according to Prime Minister Narendra Modi, who also predicted that India will soon become the world’s largest defense manufacturing
According to tax experts, the Budget proposes modifying Section 56 of the Income Tax Act to combat tax evasion. A top government official said on Friday that proposed revisions to
An Agriculture Accelerator Fund will be established to support agri-startups by young entrepreneurs, according to an announcement made by Finance Minister Nirmala Sitharaman on Wednesday during her budget address. The
Murugappa group’s subsidiary, Tube Investments of India (TII), has acquired all shares of Cellestial E-Mobility Pvt Ltd, a startup located in Hyderabad that specializes in creating and producing electric tractors,
The fund has so far invested in five homegrown enterprise tech startups over the past 12-14 months. These include upskilling platform Disprz, anti-money laundering startup IntelleWings, transaction monitoring platform VuNet,
Regulatory sandboxes allow companies to test new products or services in a controlled regulatory environment. This enables companies to scale up their offerings, innovate, bring efficiency and devise solutions for
Founded by Prateek Srivastav; Founder and MD in 2017, pune based Droneacharya Aerial Innovations Limited provides a high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone
With the third fund, Poole said, Unitus Ventures will increase its focus on areas such as job tech, enterprise SaaS and sustainability, and climate. Early-stage venture capital fund Unitus Ventures,
Interestingly, layoffs at FrontRow have come at a time when edtech decacorn BYJU’S made a foray into celebrity-focused learning with ‘BYJU’S Xcel’. Lightspeed-backed celebrity-focused learning startup FrontRow laid off around
Shardeum is attempting to solve the trilemma affecting most blockchains where they have to prioritize among scalability, security and decentralization, but at best they can pick only two of these
The startup leverages technology to offer real-time monitoring and analytics related to metrics such as equipment failures, estimated life of an asset and automation of compliance to standards. Industrial artificial
Founded in 2017 by Pallavi and Himanshu Chandra, the startup provides fast, flexible, and collateral-free loans to small businesses in lower-tier Indian cities, where retailers typically face challenges in accessing
The thought provoking campaign underscores battery swapping important for EV adoption and environmental protection New Delhi, June 30, 2021: Chargeup, a company building Bharat’s largest battery swapping network for e-rickshaws, has raised
Westbridge and GSV Ventures have invested $100 million in PhysicsWallah in a Series A investment. PhysicsWallah, commonly known as PW, an edtech business, is the newest Indian startup to join
A Hyderabad-based business has announced the debut of its 10-minute liquor delivery service in Kolkata. Innovent Technologies Private Limited’s flagship brand, Booozie, claims to be India’s first 10-minute booze delivery
In this dynamically changing world of fashion, eyeglasses have gone beyond just vision aid; nowadays they express one’s personality. The most important function occupied by eyeglasses is from vision defects.
BigBasket will be implementing Kochi-based startup Agrima Infotech’s unique customer vision technology platform, Psyight, at the self-checkout counters of the former’s retail stores. BigBasket, a Tata Group-owned etailer, revealed on
GOQii, a healthtech platform, recently secured $50 million in a Series C fundraising round headed by global venture capital company Sumeru Ventures, with participation from additional investors including 9Unicorns, Modality,
The complaint was filed after the Competition Commission of India (CCI) began investigating claims that Apple is harming competition by forcing app developers to use its proprietary system, which can
OYO Hotels & Homes startup has experienced tremendous development. OYO has come a long way since its inception in April 2013, becoming the world’s third-largest and extremely fast chain of
BharatPe is an Indian financial startup that targets small business owners and kirana shop operators. Interoperable QR codes for UPI payments, Bharat Swipe (POS machine) for card acceptance, and small
Resham Sutra is on a mission to transform the lives of silk weavers for the better Kunal Vaid opted to join his privately-owned Needlepointe Textile Products Pvt. Ltd. in Delhi
Bhavish Aggarwal, Ola Chairman and CEO disclosed through a post on twitter that “New Mobility” will demand for advanced maps and geospatial services. Bengaluru-based ridesharing company, Ola on Tuesday announced
We’re in the era where everything is available in no time by just using the internet. A mobile device is capable of ordering food, getting domestic help and bringing home
The business world thrives on innovation, leadership, and the ability to foresee the future. Some individuals transcend traditional boundaries, seamlessly blending entrepreneurship, literature, and expertise in infrastructure development to create
Mumbai, 21st April 2025: InCred Wealth & Investment Services Private Limited (“InCred Wealth”), a member of InCred Capital Financial Services Limited (‘InCred Capital”), today announced that Anu Bora has joined as
Entrepreneurship is diverse, innovative and comes with monumental feats of compassion. Business leaders oftentimes build products that could mean value to society. But more such that has a deeper connection
PC: Business Standard Multiple firms based in Dubai maintain a prosperous business environment by securing generous funding amounts that drive their expansion through innovation. The recent funding rounds show how
PC: Indian Retailer The B2B cross-border e-commerce startup Geniemode successfully attracted funding of over $50 million in its Series C funding round through leadership by Multiples Alternate Asset Management with
The Bengaluru startup Healthfab which leads menstrual hygiene innovation secured $1 million through pre-Series A funding from different investors. The funding round was initiated by Mistry Ventures while BeyondSeed joined
Dubai Startups and Developers Secure Major Investments Dubai’s startup and real estate sectors saw lucrative funding this week. Several companies received financing to promote innovation and growth. From AI-enabled e-commerce
Spiritual and devotion-focused platform, Utsav, has successfully raised ₹6.35 crore in a funding round led by Equanimity Investments. Through this investment, Utsav has successfully marked a new milestone, especially as
BGauss, an electric two-wheeler manufacturer, raised a successful funding round and received an investment of Rs 161 crore (approximately $18.6 million) from Bharat Value Fund (BVF). The investment comprises primary
Bengaluru-based electric tractor startup Moonrider has raised $2.2 million (approximately ₹19 crore) in a seed funding round co-led by Micelio Fund and AdvantEdge Founders, with contributions from various angel investors.
SanchiConnect, a deep-tech enablement network, has partnered with YourNest Venture Capital to invest ₹48 crore in eight innovative startups under its Velocity Accelerator Program. The acceleration program is designed to
PC: Business Standard Bengaluru and California-based spacetech startup Pixxel said on Tuesday it closed another $24 million in funding under the Series B round, following new investors M&G Catalyst and
The Indus Valley, a direct-to-consumer (D2C) kitchenware startup based in Chennai, has successfully raised ₹23.1 crore in its pre-Series A funding round, marking a significant milestone for the company after
It was a major fillip to the electric vehicle business after Delhi-based commercial EV leasing and asset management company ALT Mobility received $10 million funding under its Series A funding.
Yet another milestone acquisition in a boost for the Indian startup ecosystem: Elchemy, a cross-border specialty chemical distribution platform, has raised $5.6 million, approximately ₹47 crore, from Prime Venture Partners
Noida-based insurtech firm Zopper has bagged $25 million in Series D funding from Elevation Capital, Dharana Capital, and Blume Ventures. According to reports, this funding marks a major milestone for
PC: Omidyar Network India CredFlow, a Delhi-based fintech startup, has successfully secured $3.7 million (approximately ₹31.2 crore) in a pre-Series B funding round. This round was co-led by existing investors
Doodhvale Farms, a Delhi-based dairy startup, raised $3 million in Series A funding co-led by Atomic Capital and Singularity Early Opportunities Fund. Bharat Founders Fund, Indigram Labs Foundation, along with
Baanhem Ventures, the engineering minds behind the business reality TV show Startup Thamizha, has successfully raised ₹3.3 crore through a new funding round led by GoFrugal Technologies founder Kumar Vembu
Edtech startup Bhanzu has raised $16.5 million funding in a round led by venture capital firm Epiq Capital. This gives Hyderabad-based the company a valuation of around $120-122 million. Mumbai-based
Uber-funded mobility startup Everest Fleet has reached the desired milestone in its growth trajectory, with over two-fold growth in revenue with equally impressive profit margins in FY23-24 ending March 2024.
PC: Viestories NG EarSafe, a pioneer of high-end open-ear headphones, has secured ₹1.06 crore of seed funding from Inflection Point Ventures. The strategic investment will boost brand awareness and market
Unshackled from print pages, business magazines transition their content onto podcasts, allowing audience participation to extend beyond traditional confines. Business magazines are seizing this advantage to stay more relevant, widen
PC: Stellaris Venture Partners Mumbai-based direct-to-commerce (D2C) fashion brand Zouk is said to be in advanced talks with investors regarding raising a new funding round. It will be the first
PC: Zee Business Bengaluru headquartered leading blue-collar recruitment platform Vahan.ai recently announced raising $10 million as part of Series B round, led by Khosla Ventures. Notable names, including Y Combinator,
PC: Medial A financial services startup, Kaleidofin, has announced a major milestone in securing $13.8m funding from Rabo Partnerships-a Netherlands-based financial inclusion and rural development-focused subsidiary of the Rabobank Group,
PC: Business Standard Porter, a leading Indian startup in the logistics and transportation space, sent ripples with its stellar show of top-line performance on the back of fiscal 2024. The
An elaborate legal battle pitting Gameskraft against Arthmate, a SaaS-based lending enabler, has culminated in two unfortunate incidents: the arrest of its co-founder and former CEO, Vihaan Kumar; the high-level
BigEndian Semiconductors, a fabless semiconductor start-up pioneer, has reportedly raised $3 million in a fresh seed funding round. The venture capitalist mighty Vertex Ventures SEA & India has led this
All-electric intercity bus startup FreshBus closed $10.5 million (about Rs 87.5 crore) in Series A funding round. The founding secured the support of Maniv, an international early-stage venture capital fund
Following the series of large share sell-offs, CPPIB (Canada Pension Plan Investment Board) is going to completely sell its residual shareholding in Delhivery, the country’s leading logistics and supply chain
Ricron Panels, a Gujarat-based start-up engaged in the recycling of multilayer plastics into high-grade construction material, raised a Series A investment round from investors like Boon Sustainability. This funding will
Entrepreneurial agritech startup DeHaat, based out of Bengaluru, has successfully completed its first Employee Stock Ownership Plan (ESOP) buyback, amounting to INR 10 crore. The stake buyback denotes DeHaat’s commitment
The fresh cash will be used to further accelerate the startup’s attempts to optimize its current supply chain. FarMart, founded in 2015, enables 2,000+ food brands acquire food commodities directly
According to the business, 40% of the funds will be directed to branding and marketing, 30% for working capital, 10% for hiring the next level of the leadership team, and
The funding will be used to create a “consumer-centric” insurance interaction platform that incorporates data analytics and machine learning capabilities. The pre-series A funding round is led by Enam Holdings
Captain Fresh recently raised approximately $25 million from both new and existing investors, prompting the latest appointment. Captain Fresh cofounder and CEO Utham Gowda stated that George’s participation will be
Dubai has established itself as a global crypto hub in recent years, attracting major industry players with its progressive regulations and business-friendly policies. Continuing this momentum, blockchain intelligence firm Chainalysis
The fintech obtained the capital through external commercial borrowing from a fund run by BlueOrchard. The Harshvardhan Lunia-led firm stated that the money was received through Non-Convertible Debentures (NCDs) listed
Poshn, an agritech startup, will use the funds to construct an innovative stack of solutions that address system gaps, as well as to grow into global markets with profitable imports
Superplum has created a direct-from-farm food supply chain, utilizing unique technologies and cold-chain infrastructure to significantly enhance how fruit is farmed and delivered to market. Superplum, an agritech startup that
Prashant Sharma or Coach Prashant as he is popularly known, is a storyteller. His effortless and engaging style is peppered with real-life personal experiences with different people and different cultures
Reelo, an Ahmedabad-based business sponsored by Gokul Rajaram, raised $1 million. In addition to loyalty schemes, Reelo provides customer acquisition solutions such as referral programs and smart QR codes. Reelo,
Former Zomato executive Gupta will lead the business as CEO, while Bansal will remain away from operations. The fashion firm will initially focus on offline play in the luxury women’s
Productivity tailored with industry upskilling highly contributes to the scalability of a nation’s economy. With emerging technologies, professionals look towards updating their skills and grow throughout their careers. But the
There can be endless possibilities to foster technological advancement, considering data has become extremely accessible to society. Modern economy deserves and demands modern industry solutions, where leaders and team members
LetsTransport raised $22 million, anchored by Bertelsmann India Investments and with significant involvement from other investors. The money will be used to assist market expansion, vertical scaling of businesses, and
The investment round featured participation from Lightspeed Venture Partners, Matrix Partners, angel investors such OYO founder Ritesh Agarwal and Unacademy cofounder Gaurav Munjal. Sinha’s new firm focuses on delivering employability-driven
The investment was led by Inflexor Ventures Partners and Athera Venture Partners, with participation from Riverwalk Holdings and current investor Rebright Partners. ClickPost intends to use the new funds to
California-based Blume Ventures, Chiratae Ventures, Artha Venture Fund, and Silicon Valley-based Z5 Capital. Founded in 2021, the startup assists businesses in increasing revenue generation efficiency by using AI copilots to
Zypp Electric is seeking $40 million in capital from Tribe Capital for expansion and technology development. Revenue tripled in FY24. Vishesh Khurana, from Shiprocket, is launching a $250 million India
The former Unacademy partner and chief marketing officer (CMO), Karan Shroff, revealed his new firm, LightFury Games, on LinkedIn. Shroff has partnered with gaming industry veteran Anurag Banarjee, who will
Rakesh Kapoor’s consumer business-focused fund 12 Flags Group has made its first investment in India by financing specialty coffee firm Blue Tokai Coffee Roasters. While the particular details of the
The funding round was led by Singapore-based investment firm Asia Partners, with participation from PayPal’s venture capital arm. The funding will be utilized to expand the startup’s global reach, shore
Arch0 raises $1.25 million, sponsored by Leo Capital, with a diversified investor base. Focused on the US market, including AI development for cloud security. Intends to tackle cybersecurity concerns in
Somaira Khan has been appointed senior vice president of human resources, and Aditya Sarda and Vaibhav Nigam have joined as senior vice presidents of investments. In addition, Prashant Pulipaka and
Liquidnitro, founded in 2023 by Sandeep Kowdley, Krishna Dhanekula, Arun Kunchala, and Suresh Manthena, uses data, AI, and technology-driven insights to create enjoyable and engaging experiences for gamers. Source: Entrackr
The efficacy of resilience can usually be measured upon the limitlessness of leadership. We have the tendency to perfect our productivity by choosing to push our efficiency boundaries. Sometimes it
Rize, founded in January 2024 by young entrepreneurs Dhruv Verma and Sahil Manrala, is a Gurgaon-based direct-to-consumer brand that distributes energy bars and chocolates with no added sugar, preservatives, or
Google is considering removing numerous apps in India from 10 organizations, including BharatMatrimony and Jeevansathi. Google is currently considering pulling down apps from ten Indian companies, including some of the
Zepto’s move comes as rapid commerce companies compete to meet client demands, grow market presence, and diversify their product offerings. Zepto, a quick commerce startup, announced on Thursday the official
Knowledge and resilience are the essential pillars of entrepreneurship. In today’s fast-paced economy, innovation is always taking a front seat towards societal progress. After the introduction of the internet, technology
Karnataka was the first state in India to introduce electric vehicle (EV) legislation in 2017, and it now has the highest number of public charging stations, according to statistics from
Prominent and esteemed entrepreneurs are noteworthy individuals who have not only revolutionized industries but have also instigated a paradigm shift in global perspectives. Boasting diverse backgrounds and expertise across various
Budget 2024: The government will develop the ecosystem for electric vehicles in order to support charging infrastructure, the Finance Minister stated on Thursday during the announcement of the interim budget.
Interim budget 2024: Finance Minister Nirmala Sitharaman announced during the presentation of the interim budget on Thursday that the government will implement a rooftop solar initiative that will allow one
The healthcare sector has emerged as one of the final frontiers in the comprehensive integration of technology. Presently, the landscape of healthcare delivery is undergoing a profound transformation due to
Significantly, leading Indian batsman Virat Kohli has withdrawn from the first two Test matches against England, claiming personal concerns. The BCCI has respect for Virat, and the board, team management,
Mumbai’s Jai Hind College (Empowered Autonomous) is a breeding ground for entrepreneurial dreams. Led by Principal Prof. Dr. Vijay Dabholkar and Academic Head, Dr. Rakhi Sharma, the college’s Entrepreneurship Cell
The goal of an enriching life comes with dedication towards self-development. It takes more than just patience, but resilience to create a sustainable future. Oftentimes, society emits multiple pathways for
AppyHigh is a pioneering mobile internet technology company dedicated to narrowing the divide between individuals and technology. Through the development of cutting-edge products and solutions, the company has successfully connected
In line with India’s Semiconductor Mission, Gujarat became the first state to implement a semiconductor policy in 2022, with several companies from Japan, South Korea, New Delhi, and Bengaluru expressing
Dubai stands as a premier destination for discerning business professionals and investors within the Middle East, renowned for its strategic government policies and cutting-edge infrastructural development that foster the expansion
A new collaboration between Dubai-based EV startup Fuse and international NGOs is electrifying transportation for remote Yemeni communities while creating social and economic opportunities. The project demonstrates how green initiatives
The skincare, haircare, cosmetics, and beauty product markets are experiencing remarkable growth, prompting a surge in the number of companies venturing into the beauty industry with their distinctive product offerings.
In contemporary trade and commerce, the integral components of the industry are encapsulated in the processes of Collection and Distribution. Ecom Express revolutionizes supply chain dynamics with end-to-end logistics excellence. Experience seamless
There have been immense developments in technology and science over the recent years. One cannot deny the benefits of connected systems and sustainable ecosystems. Most importantly, technological advancements should always
The road toward leadership has challenges and innumerable hurdles. But it is the resilience that motivates forward-thinkers to strive for further growth. Often, some innovations garner effective strategies for these
Larsen & Toubro Ltd.’s construction unit has received significant orders for its water and effluent treatment (WET) division, the company said in an exchange filing. Larsen & Toubro Ltd, abbreviated
According to research published on Monday, Ola, Porter, Uber, Dunzo, Amazon Flex, and Flipkart are the poorest performers in India in terms of fair employment and working conditions for gig
Global express transportation and logistics provider FedEx has partnered with tech-driven logistics startup iThink Logistics for cross-border shipment, the company announced on Monday. According to a statement from iThink Logistics,
Airtel, India’s leading telecommunications service provider, has announced a collaboration with Microsoft to deliver calling services on Microsoft Teams via an interface with Airtel IQ. Airtel held a 32.2 percent
This accelerator program’s inaugural iteration, which began in August 2023, gathered together financial and sectoral specialists to give insightful, industry-led mentorship to the selected firms. Delhivery has partnered with private
In thе fast-pacеd world of startups, whеrе innovation mееts opportunity, thе journеy to succеss is oftеn fraught with hurdlеs. It’s a wеll-known fact that ovеr 50% of nеw businеssеs don’t survivе past thеir first yеar, and thе odds rеmain challеnging еvеn in thе subsеquеnt yеars.
Due to unstable market conditions, Vietnamese internet startup VNG Ltd has postponed a $150 million U.S. initial public offering (IPO) until next year, a person with direct knowledge of the situation told Reuters.
MetLife, one of the world’s leading Financial administration Companies, is carrying Digital medical services and retirement answers for new business sectors across Asia, as it acquaints the honor-winning 360Health with Nepal and 360Future to Korea.
Today declared the send-off of the second-yearly Digital Engineering Honors, in partnership with Data Administrations Gathering (ISG), a Leading worldwide Technology examination and warning firm, and business news direct CNBC television 18 in India.
Sui, a pivotal Layer 1 blockchain which, since its main net send-off in May, has been accomplishing network achievements at a wonderful speed, today reported through Sui Establishment, the send-off of zkLogin, a web 3 verification Solution that permits end clients to log into decentralized applications (dApps) Using similar social records they are familiar with Using in the customary web.
During U.S. President Joe Biden’s visit to Hanoi, which has seen new AI and Boeing deals, executives from leading U.S. and Vietnamese companies in the semiconductor, IT, and aviation sectors gathered on Monday in an effort to create commercial alliances.
Persol, a leading APAC HR services provider, has strategically invested in Smartstaff, a blue-collar staffing platform, aligning with their focus on the Indian market. Smartstaff offers comprehensive staffing, recruitment, and
Khata Book is a bookkeeping startup helping merchants and businesses to maintain their books of accounts and accept online payments. The startup was launched in 2018 by Ashish Sonone, Dhanesh Kumar, Vaibhav Kalpe, Jaideep Punia and Ravish Naresh.
Avnish Anand takes over CaratLane as CEO
Avnish Anand, CaratLane’s cofounder and COO, has been appointed to CEO with immediate effect, just days after his previous employer and cofounder Mithun Sacheti quit the company, selling his shares to Tata Group’s timepiece behemoth Titan.
Sacheti and his family owned 27.18% of the firm, which was acquired by Titan last week for INR 4,621 crore, valuing CaratLane at INR 17,000 crore (about $2 billion). Titan currently controls 98.28% of CaratLane.
Titan will fund the transaction using a combination of cash balances, internal accruals, and debt, according to the business. The transaction is still subject to regulatory clearance from India’s Competition Commission (CCI) and other closing conditions.
If all permissions are obtained, the transaction is scheduled to be finalised by October 31st.
Former CaratLane CEO Sacheti’s exit was also one of India’s greatest ecommerce exits, second only to the Walmart-Flipkart deal, in which the two cofounders, Sachin Bansal and Binny Bansal, each received more than $1 billion for their interest in the ecommerce behemoth.
The business also said that cofounder Gurukeerthi Gurunathan will continue to serve as CaratLane’s chief technology officer (CTO).
“Mithun has been a pillar of support and a sounding board for all of my ideas over the years, so it’s understandably sad to see him go.” But I’m extremely happy for this new chapter since we have a fantastic chance ahead of us to grow a bigger and more outstanding business,” Anand, CaratLane’s new CEO, said in a statement.
through addition, the remaining 1.72% of the startup’s equity is held through ESOPs for 75 of its 400 corporate workers. Given that Titan will also be acquiring the remaining interest in CaratLane, these workers are expected to earn INR 340-380 Cr as compensation.
CaratLane, founded in 2008 by Mithun Sacheti and Srinivasa Gopalan, is an omnichannel business that makes and sells jewels in India and the United States. The firm competes with other domestic jewellery startups such as GIVA, BlueStone, and Melorra.
The D2C brand has shown significant development over the last three years, with total revenue increasing from INR 723 Cr in fiscal year 2020-2021 (FY21) to INR 1,267 Cr in FY22. In FY23, its total income increased by more than 71% year on year (YoY) to INR 2,177 Cr.
BostonGene enters the scene. This US-based biotechnology firm carries out studies and clinical trials and has created cutting-edge biomedical software to analyze patients for cancer and assist in recommending the best course of therapy.
Biosplice Therapeutics is one such established startup with a global presence. By doing research and creating medications for osteoarthritis, cancer, neurology, and other degenerative conditions, it has grown into the most valuable US-based startup in the world.
Xpressbees, a logistics powerhouse, has acquired New Delhi’s Trackon, marking its entry into the SME courier space. With a nationwide expansion plan and synergistic benefits, Xpressbees aims to leverage its network for growth. The acquisition aligns with their success story, backed by major investments and a diversified service portfolio, promising enhanced customer experiences.
Ranjan Pai, the chairman of the Manipal Group is currently engaged in negotiations to acquire a stake, in FirstCry, an e-commerce platform that focuses on children’s products. It has been
According to a Redseer report, 1,000–1,200 agreements are anticipated to be completed in 2024. According to a Redseer Strategy Consultants poll, 50% of venture capital (VC) investors are optimistic about
Nithin Kamath, CEO of Zerodha, stated on Wednesday that the company has expanded its investment in its startup accelerator fund, Rainmatter. According to Kamath, the allotment has been enhanced by Rs 1,000 crore. He noted that the fund has invested about Rs 400 crore in the last seven years.
Shares of WeWork (WE.N) were close to zero on Wednesday as the once-favorite startup warned it might file for bankruptcy, a remarkable turn of events for a business that was once valued at $47 billion in the private market.
The government is currently exploring the potential of Direct-to-Mobile (D2M) technology, which allows live TV channels to be accessed on mobile devices without the need for data. Discussions are underway with stakeholders, including telecom operators. However, there are concerns about how D2M could impact data revenue.
Sources claim that Arm Ltd. a division of SoftBank Group Corp. that specialises in semiconductors, plans to go public as early as September with a valuation of $60 billion to $70 billion, signalling a bright outlook for chips including artificial intelligence.
PayU, a financial technology company supported by Prosus is preparing to make its debut on the stock exchange. Its estimated value is expected to be $6- 6.5 billion. The company, led by Arvind Agarwal, who previously served as CFO, at Nykaa plans to share its draft prospectus in the year.
Wint Wealth, a fintech startup based in Bengaluru has recently acquired a license from SEBI as a bond platform provider (OBPP). This license enables Wint Wealth to facilitate investments, in bonds for investors. The company has already facilitated investments of INR 1,000 Cr for around 50,000 investors.
Ashok Leyland, a company that specializes in manufacturing automobiles has recently been awarded defense contracts Rs 800 crore. These contracts involve the acquisition of the Field Artillery Tractor (FAT 4X4) and the Gun Towing Vehicle (GTV 6X6). These vehicles will play a role, in the government’s initiatives to promote manufacturing, in the defense sector.
Zepto is an Indian startup is on track to become the first unicorn of 2023 in the country. Thanks to an expected $150 million Series E funding round. Led by StepStone Group and supported by Nexus Venture Partners. This funding will elevate Zepto’s valuation to $1.3 billion. The swift commerce delivery startup has garnered recognition for its commitment to delivering groceries within 10 minutes.
Ashneer Grover, the former founder of BharatPe. This has raised concerns regarding the Indian government’s recent decision to impose a 28% tax on funds accumulated by online gaming companies. In
In a pre-Series B investment round, Battery Smart has secured $33 million. The startup’s existing backers Tiger Global and Blume Ventures, as well as new investors The Ecosystem Integrity Fund (EIF) and British International Investment (BII), participated in the round.
During the most recent season of the Indian Premier League, the fantasy gaming platforms market in India had a significant surge. According to a RedSeer analysis, gross revenues of fantasy sports platforms in India reached INR 2,800 Cr during IPL 2023, up from INR 2,250 Cr in IPL 2022, thanks to a 24% YoY rise and a 30% CAGR.
Founded in 2017 by Akshay Chaturvedi, Leverage Edu has established itself as a technology-driven counseling platform offering students a comprehensive one-stop dashboard to navigate their study abroad journey.
Good Capital, a seed-stage, India-focused venture capital firm, on Friday, unveiled a new $50 million fund to support founders who are utilizing Artificial Intelligence for marketing, customer service, or business operations.
TalentSprint, an ed-tech startup, was bought in November 2020 by NSE Academy, a wholly-owned subsidiary of the National Stock Exchange. Since the acquisition, the Hyderabad-based company has performed admirably, surpassing the Rs 100 crore revenue mark in FY23.
The accelerator program entails Google offering its core infrastructure application programming interfaces (APIs) to ONDC participants as an open-source solution. Moreover, Google plans to provide retail search and generative AI
Epiq Capital, founded in April 2016 by the former managing director of Matrix Partners India, Navani, boasts an impressive portfolio including Lenskart, a unicorn in the eyewear industry, Dailyhunt, a
The board of semiconductor materials manufacturer JSR Corp. will meet on Monday to talk about a potential multi-billion-dollar acquisition by a government-backed fund, which would speed up Japan’s ambitions to bolster its chip industry.
A social media celebrity and the app’s co-founder, Abhishek Asthana, discusses the company’s goals and his time on Shark Tank India. The Hood app is a platform that offers a forum for debates that are more democratic.
The new opportunity fund of early-stage venture capital company Blume Ventures has made its first closing at Rs 200 crore (about $25 million), or almost half of the total amount it aims to raise by the end of August.
Analysts have cautioned that the unemployment in China’s youth rate might increase much more this summer, adding to the government’s difficulties in reviving the nation’s sluggish post-Covid economy. Chinese grads
SoftBank holds an 11.17 percent stake in Paytm and 3.4 percent in Zomato. However, following the news of the potential stake sale, shares of One97 Communications declined by 1.5 percent, trading at Rs 878.50 apiece on the BSE. Zomato’s stock initially opened 0.8 percent higher on June 16 but later leveled off.
In a surprising move, the Indian government has decided to lower the import duties on refined soybean oil and refined sunflower oil. This decision comes as a stark contrast to the market’s expectations, as many anticipated a duty hike. The objective behind this action is to curb food inflation, especially considering the recent decline in both domestic and international edible oil prices.
Accenture plans to spend $3 billion on data and artificial intelligence over the next three years. Global professional services provider Accenture has industry-leading expertise in digital, security, and cloud. combining unrivaled expertise and specialized knowledge in the areas of Interactive, Technology, Strategy, and Operations services.
BlackRock, Invesco, and Fidelity Investments all decreased their estimates of the value of Swiggy, BYJU, and Meesho, respectively. This Valuation reduction will also have an effect on the value of the ESOPs to which workers at these firms are entitled.
Indifi Technologies, an Indian startup that provides digital lending to small and medium-sized enterprises, has raised $35 million in a new funding round that was spearheaded by ICICI Venture, the investment arm of ICICI Bank.
The company said in a statement that the London office, which will open later this year, will engage with institutions in the UK and assist the development of blockchain technology and entrepreneurs. It will be overseen by one of the firm’s general partners, Sriram Krishnan.
Foodtech giant Zomato faces backlash and accusations of caste discrimination for its ad featuring actor Aditya Lakhia. The controversial World Environment Day ad, highlighting plastic waste recycling, was taken down after users criticized it on social media. Zomato has a history of marketing controversies, adding to a trend of public disputes among Indian startups.
Discover how Tata Group, one of India’s largest conglomerates, has undergone transformation and growth through strategic shifts in the past year. From restructuring its organization to embracing digital innovation, strengthening sustainability efforts, and ensuring supply chain resilience, Tata Group has adapted to the evolving business landscape. Explore key milestones such as the acquisition of Air India, the launch of the Nexon EV, and Tata Steel becoming debt-free. Witness how Tata Group is poised to lead in its chosen markets.
When electric Vehicles were not the talk of the town, Zypp Electric, a prominent last-mile delivery fleet management firm, leaped into the EV-based ecosystem. Akash Gupta and Rashi Agarwal founded the electric scooter provider firm in 2017 with the goal of assisting India in embracing sustainable transportation and reducing pollution.
Capillary Technologies bolsters loyalty solutions with the acquisition of Tenerity’s Digital Connect. The Bengaluru-based SaaS startup aims to strengthen its presence in the US and European markets by incorporating Digital Connect’s reward ecosystem. Capillary now offers a comprehensive suite of end-to-end intelligent loyalty solutions, cementing its position as a leader in the industry.
Cloud-lending firm Lentra raises $27 million in an extended series B round led by MUFG Bank and Dharana Capital, bringing their total funding to $87 million. Lentra aims to empower lenders globally with its loan management system and expand its presence in Southeast Asia and the US.
Discover the latest update on Byju’s, India’s most valuable startup, as Byju’s Plans $40 Million Quarterly Interest Payment on Troublesome $1.2 Billion Loan. Learn about the challenges faced by the ed-tech firm, its negotiations with creditors, and the potential consequences of default. Stay informed with this important financial news.
Janus Henderson downgrades investments in PharmEasy’s parent company, API Holdings, to $2.7 billion, less than half its September 2021 valuation. Other investors, including Neuberger Berman, have also reduced their investments
Avataar Ventures and its limited partners (Pantheon, 57Stars, and Unigestion), Filter Capital, and Innoven Capital also participated in the funding round. Capillary Technologies, a Bengaluru-based SaaS business, has raised $45
Ratan Tata and Tiger Global-backed Upstox is seeking both organic and inorganic expansion options and currently has financial reserves of over Rs 1,000 crore. Ratan Tata-backed discount broker Upstox achieved
As anticipated, the release of the specific app Pincode from Walmart-owned finance startup PhonePe in early April led to a spike in orders. The other significant buying app on the
Grover has been involved in a legal dispute with BharatPe since January 2022, when claims of financial irregularities first appeared. Grover was fired from the organisation in March of last
The ChatGPT chatbot’s developer, OpenAI, reportedly completed a $300 million share sale at a $27 billion to $29 billion value. Venture Capital companies including Tiger Global, Sequoia Capital, Andreessen Horowitz,
Let’s be frank about the fact that most employees hate the software they use for work. Business software has a long history of being criticized for being bulky, expensive, demanding
The Shark Tank Several entrepreneurs in India created innovative solutions in the health tech field for the Indian market. Spandan and Janitri are two of them. The healthcare sector in
Indian state refiners have reported an 8.4% increase in sales of gasoil during the first half of April compared to the previous month. According to preliminary sales data, this rise
The Pradhan Mantri Mudra Yojana (PMMY) has played a crucial role in funding micro-entrepreneurs in India, according to Prime Minister Narendra Modi. The scheme, which was launched eight years ago,
Byju’s has been enacting cost-cutting measures, including two waves of layoffs that affected about 3,500 workers, to reduce losses. Byju’s and Swiggy’s value from American investors decreased last year, according
One of the biggest companies offering cold storage cryptocurrency wallets, Ledger, has introduced a browser plugin to boost digital asset connectivity and online security, the business exclusively revealed to TechCrunch.
When the pandemic was at its worst, during the peak of the unicorn boom in India, start-ups were more interested in discussing their astronomically high valuations than their actual businesses.
Web3 elements like NFTs and blockchain-based systemization offer lucidity and another feeling of availability to oversee music metadata. The music business has not avoided its insight on taking on Web3
Founded in 2018 by Jayesh Rajpurohit and Arpit Rajpurohit, the startup offers end-to-end construction services including home and business construction and building materials. The startup also enables consumers with technology
CloudExtel was created in 2014, but its tale began much earlier, during the Gilded Age in British-ruled Bombay and even before electricity was invented. Bombay Gas used to send gas
According to reports, the Securities and Exchange Board of India has requested the Oravel Stays(Oyo); “to update risk factors, its key performance indicators (KPIs), pending lawsuits, and the basis for
Those days are now history with the emergence of food delivery startups. These startups have a prime objective and that is to deliver food at your doorstep from the restaurant. When we think of such startups, Swiggy is one of the most popular ones out there.
Pharmeasy Healthcare is an online pharmacy that delivers medicines and several other equipment related to medical purposes. The company is operational in many cities in India and with Pharmeasy, ordering medicines at your doorstep has never been easier.
Byju claim that the company uses predatory and exploitative working conditions and dishonest sales techniques, such as profiling, chasing, and forcing prospective students from less privileged backgrounds to purchase its
Chiratae Ventures has raised five early-stage funds and manages $1.1 billion in assets under management (AUM). It has been an early backer of technology-led companies such as Bizongo, Curefit, Firstcry,
“ECYOF is a much-needed alternative that allows venture/private equity-backed high-growth companies to raise additional capital to augment equity financing and continue their growth trajectory,” Edelweiss’ statement added. Edelweiss Wealth Management
The acquisitions will help PhysicsWallah to expand to CUET and state-level government exams segments that have seen limited penetration by edtech companies. India’s newest edtech unicorn PhysicsWallah has made forays
In this success story, we will discuss Elon Musk, the CEO and CTO of SpaceX, the chief product architect of Tesla Motors, the chairman of SolarCity, and the co-founder of PayPal. Musk is also working on the Hyperloop, a high-speed transportation system. Elon Musk invests in projects that have the potential to change the world. Musk is not only an entrepreneur, but also an inventor, innovator, and engineer: he works on the design of electric cars and spaceships.
Consider life to be limitless and vicious, which takes humans through the maze of joy and grief. Sometimes, it seems that everything is too distant from our goals and desires
Swiggy and Zomato were ranked ninth and tenth, respectively, by the international research company ETC Group, which has its headquarters in Canada. According to recent research, domestic online meal delivery
India is growing exponentially with startups and industries skyrocketing the nation’s economy. With an enormous amount of edtech startups in the country, India has now considered the capital country for
This is what the story of Chai Sutta Bar is all about. Two school friends, Anubhav Dubey and Anand Nayak, join their hands of faith and dive into the entrepreneurial venture. Business Outreach Magazine brings to you a story of friendship, struggle, and success.
The seven-year-old startup, which has raised more than $110 million to date, works with over 75 electronics device manufacturers, including OnePlus and Xiaomi, and offers them white-labeled after-sales services such
The startup now works with some leading schools and educational institutes through its B2B2C channel, and all top marketplaces such as Amazon, Myntra, and Flipkart. Its consumer-facing D2C paltform www.plaeto.in
After the proposed acquisition is approved, food delivery service Zomato intends to begin integrating Blinkit on various levels, top executives stated in a conference call on Saturday. The business claimed
Co-founder and former Chief Executive Officer (CEO) of fintech startup BharatPe Ashneer Grover is looking forward to coming back to the world of business after a long sabbatical. The former
According to a top official, test preparation major Aakash Educational Services (AESL), which is owned by Byju’s, is confident of growing by 60-70 percent this year, with market demand, hirings,
New Delhi: Following the support of Singapore state investment firm Temasek for an investigation into Zilingo’s accounting practices, the fashion technology startup said it is working closely with its major
Bhavish Aggarwal tweeted, “Doing some final “expert testing” for the MoveOS 2 music feature,” tagging Slokarth Dash and attaching a video of the duo dancing. Ahead of the much-anticipated launch
Sequoia, which holds the largest share in BharatPe, where co-founder Ashneer Grover was virtually terminated, said it will not hesitate to protect stockholders’ and employees’ interests, no matter how costly
We360.ai was founded by 21 year old Arnav Gupta along with Sandeep Panda and Swapnil Tripathi as his Co-founders. Founded just a year ago, We360.ai is the first startup to
Awarded the Global Pride Award 2021 for Outstanding Achievement in Financial Crime Prevention by HBW News, Trend Setter of the Year 2021 under the Professional Service Category by Vyapar Jagat
Bengaluru: The ongoing feud between two cofounders of BharatPe, Bhavik Koladiya and Ashneer Grover, over Koladiya’s stake in the company, is an issue that BharatPe’s shareholders will have to resolve,
MLL currently serves more than 400 corporate customers in various industries including automotive, engineering, consumer goods and e-commerce. Mahindra Logistics Limited (MLL), helmed by Anand Mahindra, has purchased a 60%
BYJU’S Plunges $200 Million Into Hybrid Learning With BYJU’S Tuition Centre For School Children. By early next year, BYJU’S Tuition Centre will be available in 200 cities across 80 centres
Notably, an unsubstantiated audiotape of Grover purportedly insulting a Kotak Mahindra Bank staffer over the non-allocation of shares in Nykaa went viral on Tuesday night. Ashneer Grover, CEO of BharatPe,
Google has filed a writ case in the Karnataka High Court, requesting extra time to respond to the Competition Commission of India’s inquiries into its Play store guidelines. The firm
Gupshup is a company that provides conversational messaging services with offices in India, the United States, and the United Kingdom.Webaroo Inc. is the company that owns and operates it. Gupshup
Officials revealed that Microsoft will provide details and specifics about how the company looks forward to incorporating the latest acquisition Clear Software’s technology into its line-up. Global tech giant Microsoft
Founded in 2017, GuruQ is an accumulator of well-established and qualified tutors based on the students’ educational needs including school education, competitive exams and language courses. India stands as one
Partnering with We Help Foundation, the nutritional gummies company had organized the arrangement offering Immuno Boost to over 500 children in Mumbai, India. Taking part in the social contribution, the
Millions of SMB/SME’s worldwide are challenged, managing their cloud with expensive or no support and no good solutions. In this digital era, when websites play a vital role in business
Ourea is a prominent branding & web development company in Kochi, Kerala providing strategic business solutions to B2B & B2C clients. They also additionally provide business services like corporate training,
On Friday, Digital payment startup Paytm has filed a draft prospectus for its primary public offering of ₹16,600 crores the day Zomato’s IPO concludes. Paytm IPO constitutes a new issue
7th May 2021, New Delhi: PredictiVu, India’s first of its kind analytics firm and one stop solution for CMOs and marketers, specialized in correlating marketing campaign performance with proprietary retail purchase