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Only 17 of India’s 80 unicorns are profitable; there are currently 6 start-ups listed-thumnail

Only 17 of India’s 80 unicorns are profitable; there are currently 6 start-ups listed

Top-earning businesses include Billdesk, Firstcry, Zerodha, Zoho, and a few others. A company valued at $1 billion or more is considered a unicorn. According to market research platform Tracxn, India

News

Mar 14, 2023

Top 11 Startups in India’s Health Tech Sector-thumnail

Top 11 Startups in India’s Health Tech Sector

The adage “Health is wealth” is widely used, but we frequently overlook its true significance and how important it is to our daily lives. But in the end, nothing matters

Healthcare

Mar 14, 2023

Y Combinator lays off 20% of staff, downsizes on late-stage speculations -thumnail

Y Combinator lays off 20% of staff, downsizes on late-stage speculations 

US-based innovation startup gas pedal Y Combinator is laying off 17 representatives – – or 20% of its staff – – as it reported to downsize late-stage subsidizing. The cutbacks

News

Mar 14, 2023

<strong>The Volkswagen Group plans to build a large battery factory in Canada for electric vehicles</strong>-thumnail

The Volkswagen Group plans to build a large battery factory in Canada for electric vehicles

The battery manufacturer PowerCo of the European carmaker Volkswagen has announced plans to build its first “gigafactory” for manufacturing battery cells outside of Europe in St. Thomas, southwest Ontario. The

Business

Mar 14, 2023

Official: Shriram Finance Targets £2.44bn Fundraising in FY24 to Support Business Expansion-thumnail

Official: Shriram Finance Targets £2.44bn Fundraising in FY24 to Support Business Expansion

Shriram Finance, a retail non-banking finance company (NBFC) in India, is planning to raise up to INR200bn ($2.44bn) in the next financial year starting in April to fund its growth.

Business

Mar 13, 2023

SaaS firm Freshworks says exposure to Silicon Valley Bank minimal-thumnail

SaaS firm Freshworks says exposure to Silicon Valley Bank minimal

Chennai-based business software firm Freshworks has stated that its exposure to failed American lender Silicon Valley Bank (SVB) is minimal and that it has not seen any disruption. In a

Finance

Mar 13, 2023

Paytm now has 89 million monthly active users and dominates offline payments-thumnail

Paytm now has 89 million monthly active users and dominates offline payments

Paytm, a leading provider of digital payments and financial services released it’s business operational results on Monday for the two months that ended in February 2023.  The average Monthly Transacting

Business

Mar 13, 2023

SVB Crisis: What caused the bankruptcy of the bank that startups favored?-thumnail

SVB Crisis: What caused the bankruptcy of the bank that startups favored?

The Silicon Valley Bank: What is it? What caused it to fall? Will buyers be refunded their money? How will the bankruptcy of SVB affect startups? Would the SVB bankruptcy

Finance

Mar 13, 2023

<strong>Welspun One Logistics launches an alternative investment fund for warehousing worth Rs 2,000 crore</strong>-thumnail

Welspun One Logistics launches an alternative investment fund for warehousing worth Rs 2,000 crore

Welspun One Logistics Parks (WOLP), an integrated fund and development management platform with a focus on industrial and warehousing real estate, announced the formation of its second fund, with a

Business

Mar 13, 2023

Foreign universities to enter India-thumnail

Foreign universities to enter India

The University Grants Commission has revealed the setting up of foreign universities in India.  A lot of Indian students are seeking to study overseas to seek high-quality education. But the

Education

Mar 13, 2023

China’s New Premier Li states the difficulty to achieve five GDP targets this year-thumnail

China’s New Premier Li states the difficulty to achieve five GDP targets this year

Li Qiang mentioned that it is difficult in achieving five percent GDP during slow economic growth.  China’s new Premier Li Qiang said on Monday that reaching the 5% GDP target

Finance

Mar 13, 2023

Arvind Krishna who is the CEO of IBM receives compensation of $16.5 Million-thumnail

Arvind Krishna who is the CEO of IBM receives compensation of $16.5 Million

Per the filings, the CEO’s base salary is around $1.5 Million but $8.9 Million was earned through stock awards and $2 Million was earned in options.  IBM (International Business Machines)

Business

Mar 13, 2023


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