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Video telematics company LightMetrics gets $8.5 million from Sequoia Capital India-thumnail

Video telematics company LightMetrics gets $8.5 million from Sequoia Capital India

The business provides software that analyses video feeds from cameras put in cars to better understand driver conduct, minimize accidents and increase safety. LightMetrics, a video telematics business targeting commercial

Business

Apr 5, 2023

Animal-free protein producer Zero Cow Factory raises $4 million-thumnail

Animal-free protein producer Zero Cow Factory raises $4 million

The cash will be utilized to advance the company’s research and development activities, scale up manufacturing capacity, and also secure regulatory licenses to become commercial. Zero Cow Factory, a biotechnology

Business

Apr 5, 2023

Commercial leasing grew by 9% Y-o-Y during Q4 FY23 -thumnail

Commercial leasing grew by 9% Y-o-Y during Q4 FY23 

Commercial (office) leasing climbed by 9% Y-o-Y and hit 12.6 million sq ft during the Jan-Mar 2023 period, according to CBRE. Bangalore, Delhi-NCR, and Chennai accounted for 62% of the

Business

Apr 5, 2023

India’s first Apple shop launching in Mumbai-thumnail

India’s first Apple shop launching in Mumbai

The Apple shop, placed in a luxury retail complex owned by billionaire Mukesh Ambani, is positioned in the city’s major commercial sector beside international banks. Apple is a technological powerhouse

Business

Apr 5, 2023

Growth in India’s services sector slows in March after a 12-year high in February-thumnail

Growth in India’s services sector slows in March after a 12-year high in February

According to a private survey released on Wednesday, the growth of India’s dominant services sector decreased to 57.8 in March from a 12-year high of 59.4 in February as new

News

Apr 5, 2023

To expand its grocery business, Reliance Retail hires ex-Amul chief Sodhi-thumnail

To expand its grocery business, Reliance Retail hires ex-Amul chief Sodhi

Amul, the cooperative that manages the nation’s largest dairy industry and the former managing director of Gujarat Cooperative Milk Marketing Federation (GCMMF) Sodhi, has joined Reliance Retail Ventures Limited, a

Business

Apr 5, 2023

Speciale Invest launches a follow-on investment fund worth Rs 200 crore-thumnail

Speciale Invest launches a follow-on investment fund worth Rs 200 crore

An initial investment of Rs 100 crore and a final corpus of Rs 200 crore are planned for the new fund, which was approved by Sebi. From Specialised Invest’s portfolio

Business

Apr 5, 2023

Paytm is leading offline payments with 6.8 million devices and has grown GMV by 40%-thumnail

Paytm is leading offline payments with 6.8 million devices and has grown GMV by 40%

Paytm, a leading provider of financial services and payments, announced on Wednesday that it has reached a new milestone in offline payments with the deployment of 6.8 million devices. Consumer

Business

Apr 5, 2023

A J&J company declares bankruptcy for a second time to pursue an $8.9 billion talc payment-thumnail

A J&J company declares bankruptcy for a second time to pursue an $8.9 billion talc payment

The accord comes in response to a court decision in January dismissing J&J’s contentious “Texas two-step” bankruptcy strategy. J&J company declares bankruptcy, in which the company attempted to transfer the

Business

Apr 5, 2023

Forbes lists Mukesh Ambani, one of the world’s wealthiest people, as having an $83.4 billion net worth, along with the Kamath brothers from Zerodha-thumnail

Forbes lists Mukesh Ambani, one of the world’s wealthiest people, as having an $83.4 billion net worth, along with the Kamath brothers from Zerodha

According to Forbes, Ambani’s oil-to-telecom juggernaut Reliance Industries became the first Indian business to generate more than $100 billion in sales last year. According to Forbes’ Billionaire 2023 list, which

Business

Apr 5, 2023

Iron Pillar raises $129 million to invest in cloud startups in India-thumnail

Iron Pillar raises $129 million to invest in cloud startups in India

A venture growth investor named Iron Pillar has completed the successful closing of a $129 million Series B and C stage fund aimed at funding Indian-based global cloud software startups.

Finance

Apr 5, 2023

RIL to launch Ajio Street, a new marketplace for low-priced, longtail fashion items-thumnail

RIL to launch Ajio Street, a new marketplace for low-priced, longtail fashion items

Under the zero-commission model, the platform would not charge sellers any commission. RIL to launch Ajio Street, a new marketplace for low-priced, longtail fashion items. Further, the e-commerce platform will

Business

Apr 4, 2023


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