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Zepto to become 1st unicorn of 2023 after a $150 million Series E round-thumnail

Zepto to become 1st unicorn of 2023 after a $150 million Series E round

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.

Investment & Funding

Jul 12, 2023

Wipro launches AI-ecosystem ai360; to invest $1 billion over the next 3 years in AI solutions-thumnail

Wipro launches AI-ecosystem ai360; to invest $1 billion over the next 3 years in AI solutions

Wipro ai360 represents Wipro’s commitment to an AI-centric ecosystem that seamlessly incorporates AI technology in all its platforms and client solutions. To achieve this Wipro has earmarked a significant $1

Business

Jul 12, 2023

Ashneer Grover; Ex Bharatpe MD lashes out at the government over 28% GST on online gaming companies-thumnail

Ashneer Grover; Ex Bharatpe MD lashes out at the government over 28% GST on online gaming companies

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

Business

Jul 12, 2023

A Journey Through India’s Radio Industry: Big FM and Radio Mirchi’s Market Leadership-thumnail

A Journey Through India’s Radio Industry: Big FM and Radio Mirchi’s Market Leadership

We all remember our grandparents and perhaps our parents listening to the radio. Before television became prevalent in homes, the sole source of information and entertainment was radio. Even now, most of us enjoy listening to the radio while driving since it introduces us to new and occasionally forgotten tunes. Today, while traditional television is competing with OTT and other services, radio remains important. So, let us take a look at the radio industry’s history and current state.

Business

Jul 11, 2023

Godrej Aerospace is in talks with Airbus and Boeing to make and supply parts-thumnail

Godrej Aerospace is in talks with Airbus and Boeing to make and supply parts

Godrej Aerospace is in talks with suppliers to Airbus and Boeing to manufacture aircraft parts amidst the surge in plane orders. The Indian company aims to meet the growing demand

Industry

Jul 11, 2023

Tata Group becomes the first Indian iPhone manufacturing company; deal signup in August-thumnail

Tata Group becomes the first Indian iPhone manufacturing company; deal signup in August

The continuous progress made by Tata Group seems poised for further consolidation with reports suggesting their imminent acquisition of a factory presently administered by Wistron Corp., an esteemed Apple supplier. Pertinently this factory represents a critical component in the intricate assembly procedures associated with iPhones and boasts an impressive valuation exceeding $600 million. Should this arrangement reach fruition Tata would secure their entry into the competitive realm of iPhone production thereby contributing significantly to India’s manufacturing sector. Furthermore. It would serve as a commendable feat for Apple. Allowing them to effectively diversify their supply chain in order to alleviate dependence on China.

Business

Jul 11, 2023

CarTrade tech shares gain 14% after Sobex Auto’s 100% acquisition from OLX-thumnail

CarTrade tech shares gain 14% after Sobex Auto’s 100% acquisition from OLX

CarTrade Tech Ltd. witnessed a commendable increase in its stock price when it successfully acquired Sobek Auto India Pvt. Ltd., a prominent automotive digital platform from OLX India.

Automotive

Jul 11, 2023

The Impact of Customer Reviews and Testimonials: Why Your Business Can’t Afford to Ignore Them-thumnail

The Impact of Customer Reviews and Testimonials: Why Your Business Can’t Afford to Ignore Them

Nothing is more beneficial to marketers than satisfied consumers. When a consumer is so satisfied with their purchase and willing to share why their decision to buy from your business

Business

Jul 11, 2023

Asia FX rises, dollar at 2-mth low with top Took care of rate in sight-thumnail

Asia FX rises, dollar at 2-mth low with top Took care of rate in sight

Most Asian monetary forms rose on Tuesday, while the dollar sank amid developing wagers that the U.S. Central Bank was near closing its rate climb cycle, with concentration additionally going

Economy

Jul 11, 2023

AHH would invest Rs 10 crore in technologically advanced NICUs-thumnail

AHH would invest Rs 10 crore in technologically advanced NICUs

Asia Healthcare Holdings or AHH is increasing its investments in its technologically advanced remote ICU solution for neonatal care.

Business

Jul 11, 2023

UK to allocate 5% of their default pension funds for investment into unlisted startups-thumnail

UK to allocate 5% of their default pension funds for investment into unlisted startups

The UK government’s proposed reforms were presented by Finance Minister Jeremy Hunt. Seek to unleash a substantial amount of money from pension funds. The goal is to stimulate investments in early-stage companies and ultimately bolster economic growth. Furthermore, these changes aim to enhance pensioners’ returns by giving them the opportunity to invest in unlisted startups.

Economy

Jul 11, 2023

Meet Indian-origin women on the ‘America’s Richest Self-Made Women’ List, including Jayshree Ullal, Neerja Sethi, Neha Narkhede, and Indra Nooyi-thumnail

Meet Indian-origin women on the ‘America’s Richest Self-Made Women’ List, including Jayshree Ullal, Neerja Sethi, Neha Narkhede, and Indra Nooyi

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

Business

Jul 11, 2023


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