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Weekly Funding Roundup May 27 –May 31: From Infra.Market to Zypp Electric, Indian Startups Raised $218 Million This Week-thumnail

Weekly Funding Roundup May 27 –May 31: From Infra.Market to Zypp Electric, Indian Startups Raised $218 Million This Week

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

Business

Jun 1, 2024

Wasl Launches New 48-Storey Tower in Dubai-thumnail

Wasl Launches New 48-Storey Tower in Dubai

In a testament to Dubai’s enduring allure as a global hub of luxury living, Wasl Properties has unveiled its latest marvel: a towering testament to opulence, set to redefine the

Business

Jun 1, 2024

Gas Price Slash Followed By A Breath of Relief for Businesses-thumnail

Gas Price Slash Followed By A Breath of Relief for Businesses

In a move that sent ripples of relief through the business community, the prices of 19-kg commercial cylinders witnessed a significant slash, marking a whopping reduction of ₹69.50. This development,

Business

Jun 1, 2024

Apple’s Revolutionary Updates and Their Impact on the Tech Industry-thumnail

Apple’s Revolutionary Updates and Their Impact on the Tech Industry

At the recent Apple Worldwide Developers Conference (WWDC), significant updates were announced for Siri, Apple’s voice-activated virtual assistant, marking a notable leap in its capabilities and integration. These advancements signal

Business

May 31, 2024

Reliance Retail Launches ONDC Pilot Program via Fynd-thumnail

Reliance Retail Launches ONDC Pilot Program via Fynd

The Shri Kannan Departmental Store, a Reliance Retail store located in Madurai, Tamil Nadu, is operational on the ONDC seller side via Fynd. Fynd is an omnichannel fashion platform that

Business

May 31, 2024

DroneAcharya’s Net Profit Doubles at INR 6.2 Crore in FY24, While Operating Revenue Rises 90%-thumnail

DroneAcharya’s Net Profit Doubles at INR 6.2 Crore in FY24, While Operating Revenue Rises 90%

DroneAcharya’s operating revenue grew by over 90% to INR 35.19 crore in FY24 from INR 18.56 crore in FY23. The firm credited the increase to the company’s steady and consistent

Business

May 31, 2024

Expanding Horizons With Lucid Air Makes its Mark in the United Arab Emirates-thumnail

Expanding Horizons With Lucid Air Makes its Mark in the United Arab Emirates

Lucid Motors, a pioneer in the electric vehicle (EV) industry, is making significant strides in its global expansion efforts with the introduction of the award-winning Lucid Air to the United

Business

May 31, 2024

The Sleep Company Success Story- Transforming The Mattress Market With Smart Grid Technology-thumnail

The Sleep Company Success Story- Transforming The Mattress Market With Smart Grid Technology

It is important to get a good night’s sleep to be healthy and have a better working capacity the next day. However it is important to note that identifying the

Business

May 31, 2024

Rebel Foods Raises $13 Million Debt From Alteria, InnoVen-thumnail

Rebel Foods Raises $13 Million Debt From Alteria, InnoVen

Rebel Foods has passed a special resolution to issue 11,000 Series G1 and G2 non-convertible debentures with a face value of INR 1 lakh each to raise INR 110 crore.

Business

May 30, 2024

Libas, an Ethnic Wear D2C Brand, Has Raised INR 150 Crore From ICICI Ventures-thumnail

Libas, an Ethnic Wear D2C Brand, Has Raised INR 150 Crore From ICICI Ventures

Libas will use the money to drive offline expansion across geographies and ramp up its exclusive brand and retail stores in important metros and Tier-1, 2, and 3 cities. Taking

Business

May 30, 2024

RBI’s Balance Sheet Expands to 2.5 Times the Size of Pakistan’s GDP-thumnail

RBI’s Balance Sheet Expands to 2.5 Times the Size of Pakistan’s GDP

In a striking indicator of economic disparity, the Reserve Bank of India’s (RBI) balance sheet has reached a size that is 2.5 times larger than the entire GDP of Pakistan.

Business

May 30, 2024

Fintech Startup Vegapay Receives $5.5 Million to Expand Product Offerings-thumnail

Fintech Startup Vegapay Receives $5.5 Million to Expand Product Offerings

The new money will be used to extend Vegapay’s product offerings, notably in product development and regulatory compliance. In 2023, the startup raised $1.1 million in its first institutional funding

Business

May 30, 2024


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