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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

Unveiling the Secrets of Google’s Search Algorithm-thumnail

Unveiling the Secrets of Google’s Search Algorithm

Google’s search ranking algorithm, a closely guarded secret, was recently exposed through a significant data leak involving over 2,500 internal documents. This revelation has stirred the SEO community, web developers,

News

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

Dubai’s ICD Sees Record 68% Profit Surge in 2023-thumnail

Dubai’s ICD Sees Record 68% Profit Surge in 2023

Dubai’s Investment Corporation of Dubai (ICD), the emirate’s sovereign wealth fund, has marked a significant milestone with a 68% surge in its full-year profit for 2023. This impressive growth, leading

News

May 30, 2024

Flipkart’s Shopsy Enters the Kids’ Space With a New Collection Rollout-thumnail

Flipkart’s Shopsy Enters the Kids’ Space With a New Collection Rollout

Shopsy sells apparel for toddlers and kids aged 0 to 12 years, along with toys, fashion, and stationery goods on its platform. Popular kids’ categories on Shopsy include learning toys,

Business

May 29, 2024

Difacto, a Robotics and Automation Startup, Raises INR 40 Crore From Stakeholder Capital-thumnail

Difacto, a Robotics and Automation Startup, Raises INR 40 Crore From Stakeholder Capital

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

Business

May 29, 2024

IdeaForge and Skylark Drones Partner to Revolutionize UAV Technology with Self-Evolving AI Integration-thumnail

IdeaForge and Skylark Drones Partner to Revolutionize UAV Technology with Self-Evolving AI Integration

IdeaForge, a prominent manufacturer of unmanned aerial vehicles (UAVs), has announced a strategic partnership with Skylark Drones to integrate advanced artificial intelligence (AI) capabilities into their drones. This collaboration aims

Business

May 29, 2024

Adani Eyes Paytm. Strategic Shift or Expansion Spree?-thumnail

Adani Eyes Paytm. Strategic Shift or Expansion Spree?

In a significant move that could reshape India’s fintech landscape, Gautam Adani is reportedly in advanced talks with Vijay Shekhar Sharma to acquire a substantial stake in Paytm, one of

Business

May 29, 2024

FIVE Holdings Selects Citi and Deutsche Bank for Upcoming IPO-thumnail

FIVE Holdings Selects Citi and Deutsche Bank for Upcoming IPO

Dubai-based luxury hotel operator FIVE Holdings has announced plans for an initial public offering (IPO) next year, marking a significant step in its growth trajectory. The company, known for its

Business

May 29, 2024

FarMart, an Agritech Firm, Has Raised Rs 24 Crore in Investment From ResponsAbility Investments-thumnail

FarMart, an Agritech Firm, Has Raised Rs 24 Crore in Investment From ResponsAbility Investments

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

Business

May 29, 2024

Sony’s Strategic Focus on Audio Business to Boost India Revenue Share to 30%-thumnail

Sony’s Strategic Focus on Audio Business to Boost India Revenue Share to 30%

Sony India is intensifying its focus on the audio segment as a key strategy to enhance its revenue share from the Indian market, aiming to increase it to 30%, according

Business

May 28, 2024


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