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EV Company Zypp Is in Talks to Raise Further Funding From Tribe Capital at a $300-350 Million Valuation-thumnail

EV Company Zypp Is in Talks to Raise Further Funding From Tribe Capital at a $300-350 Million Valuation

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

Business

Apr 12, 2024

Cornerstone Ventures Launches Its Second Fund With a $200 Million Capital Raise-thumnail

Cornerstone Ventures Launches Its Second Fund With a $200 Million Capital Raise

Cornerstone Ventures will invest ticket amounts ranging from $5 million to $15 million, with a primary concentration on early-growth stage firms. It will concentrate on B2B tech potential across software

Business

Apr 10, 2024

Karan Shroff, Former CMO of Unacademy, Launches Gaming Studio ‘Lightfury Games’-thumnail

Karan Shroff, Former CMO of Unacademy, Launches Gaming Studio ‘Lightfury Games’

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

Business

Apr 10, 2024

Rising Steel Demand Gets Indian Metals Hot under the Collar -thumnail

Rising Steel Demand Gets Indian Metals Hot under the Collar 

Global manufacturing activity has shown signs of recovery in recent months, raising hopes for metal companies worldwide. In China and the US, factory activity expanded after contracting for multiple quarters,

Business

Apr 10, 2024

Paytm’s Troubles Continue as Key Executive Exits and Brokerage Remains Bearish-thumnail

Paytm’s Troubles Continue as Key Executive Exits and Brokerage Remains Bearish

Digital financial solutions provider Paytm has been passing through a tough year so far and the issues don’t look like they are going to disappear easily due to the latest

Business

Apr 10, 2024

Neysa Secures $20 Million to Accelerate GenAI Use in Enterprises-thumnail

Neysa Secures $20 Million to Accelerate GenAI Use in Enterprises

Matrix Partners India, Nexus Venture Partners, and NTTVC headed the investment round. The business will use the new funds to extend its Gen AI cloud platform-as-a-service offerings and improve observability

Business

Apr 10, 2024

Rakesh Kapoor, Former CEO of Reckitt Benckiser, Makes His Fund Debut With Blue Tokai-thumnail

Rakesh Kapoor, Former CEO of Reckitt Benckiser, Makes His Fund Debut With Blue Tokai

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

Business

Apr 10, 2024

EP Shanghai Eyes Global Opportunities at Middle East Energy Dubai 2024-thumnail

EP Shanghai Eyes Global Opportunities at Middle East Energy Dubai 2024

The electric power market in China has reached a new level of development rapidly back in past years. EP Shanghai a who is one of the biggest exhibition relative to

Business

Apr 10, 2024

Byju’s Arranges a Line of Credit to Pay Employees’ March Salaries by April 18-thumnail

Byju’s Arranges a Line of Credit to Pay Employees’ March Salaries by April 18

In an internal email addressed to staff, BYJU’S said it has negotiated an alternate line of credit to ensure salaries are paid by April 18. BYJU’S once again targeted its

Business

Apr 9, 2024

Hyundai and Kia Join Hands with Exide for EV Batteries in India-thumnail

Hyundai and Kia Join Hands with Exide for EV Batteries in India

Two of the biggest automobile manufacturers Hyundai and Kia have been signed an agreement with a local battery maker Exide Industries to overcome a major barrier to the increase of

Business

Apr 9, 2024

Ola and Uber Unveiled Subscription-Based Models for Auto Drivers-thumnail

Ola and Uber Unveiled Subscription-Based Models for Auto Drivers

Ola has recently implemented a subscription plan for its auto-rickshaw drivers in important areas such as Delhi-NCR, Mumbai, Bengaluru, and Hyderabad. Uber has launched a similar service in six locations,

Business

Apr 9, 2024

Pune Homebuyers Rush to Seal Property Deals Before the New Year-thumnail

Pune Homebuyers Rush to Seal Property Deals Before the New Year

The local property market of Pune has witnessed long queues of home buyers who want to make related property investments, before the start of the new year. As per the

Business

Apr 9, 2024


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