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Digitization is pivotal for entrepreneurship and innovation-thumnail

Digitization is pivotal for entrepreneurship and innovation

Today, entrepreneurship is reshaping its definition to cater to the digitization shift of the economy. The rules for a preconceived blueprint for growth have changed in modern times and business

Entrepreneurship

Jun 29, 2023

Scapia; Flipkart veteran Anil Goeteti’s travel credit card startup raises $9 million-thumnail

Scapia; Flipkart veteran Anil Goeteti’s travel credit card startup raises $9 million

Over the past year, Scapia, headquartered in Bengaluru, had maintained a secretive stance but officially unveiled itself on June 15. The company proudly offers a co-branded credit card and an

Investment & Funding

Jun 28, 2023

Reduce prices to boost sales of FMCG products-thumnail

Reduce prices to boost sales of FMCG products

To fend off competition and assure volume recovery, producers of fast-moving consumer products would need to resort to further price reductions, according to analysts at BNP Paribas. Undoubtedly, during the

BFSI

Jun 28, 2023

Flowie wants invoices to flow freely-thumnail

Flowie wants invoices to flow freely

Meet Flowie, a new French startup that seeks to make money transfers between businesses easier. The company centralizes all accounts receivable and payable information so that everyone in the company can view essential information when it comes to getting paid by clients and receiving money from suppliers.

News

Jun 28, 2023

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus-thumnail

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus

According to its largest investor, Prosus, food and grocery delivery giant Swiggy’s gross merchandise value (GMV) only increased a little, from $2.3 billion in FY22 to $2.6 billion in FY2023—a gain of just about 13 percent.

Business

Jun 27, 2023

BluJ Aero raises $2.25 million in seed funding for electric aircraft manufacturing-thumnail

BluJ Aero raises $2.25 million in seed funding for electric aircraft manufacturing

BluJ Aero, an aviation start-up, has successfully raised a whopping $2.25 million in seed funding to propel its ambitious plans of developing a revolutionary hybrid-electric VTOL aircraft.

Investment & Funding

Jun 27, 2023

Baskit, a supply chain startup, assists Indonesian middlemen-thumnail

Baskit, a supply chain startup, assists Indonesian middlemen

Large brand distributors dominate the top of the supply chain, but thousands of middlemen, including wholesalers, form partnerships with retailers at the bottom. Baskit, which was founded last year, seeks to give them tools to digitize the management of their goods and services in order to assist them acquire better rates. The Indonesian firm revealed today that it has raised $3.3 million in seed funding from Betatron, Forge, 1982, Investible, DS/X, Orvel, and Michael Sampoerna. This comes three months after a $1.5 million seed round.

Business

Jun 27, 2023

Amitabh Bachchan ventures into AI; partner with Ikonz Studio-thumnail

Amitabh Bachchan ventures into AI; partner with Ikonz Studio

Ikonz enjoys the backing of Village Global, a distinguished venture capital firm bolstered by the visionary support of luminaries such as Mark Zuckerberg, Bill Gates, Jeff Bezos, and Mike Bloomberg.

News

Jun 26, 2023

Shark Tank Featured And Demanded A Valuation Of Rs 600 Crore Hood App, However, Disappeared-thumnail

Shark Tank Featured And Demanded A Valuation Of Rs 600 Crore Hood App, However, Disappeared

A social media celebrity and the app’s co-founder, Abhishek Asthana, discusses the company’s goals and his time on Shark Tank India. The Hood app is a platform that offers a forum for debates that are more democratic.

Business

Jun 22, 2023

Prodapt wants to strengthen its presence in the Big Tech sector: Harsha Kumar, CEO-thumnail

Prodapt wants to strengthen its presence in the Big Tech sector: Harsha Kumar, CEO

The recently appointed CEO of the Chennai-based company, Harsha Kumar, told ETtech that Prodapt is intensifying its focus on connected platforms and software (CPS), more widely known as Big Tech.

News

Jun 22, 2023

“Sanjay Dutt Ventures into Alcobev Startups: A Spirited Investment!”-thumnail

“Sanjay Dutt Ventures into Alcobev Startups: A Spirited Investment!”

The country recently surpassed France as the UK’s largest Scotch whisky market in terms of volume, with imports experiencing a remarkable 60% surge in 2022 compared to the previous year,

Entertainment

Jun 20, 2023

Mach Industries receives Sequoia’s first defense technology investment-thumnail

Mach Industries receives Sequoia’s first defense technology investment

According to the two firms, defence startup Mach Industries has raised $5.7 million in a seed round led by Sequoia Capital, marking the first-ever investment in defence technology in the company’s history.

Investment & Funding

Jun 16, 2023


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