Clik here to view.
Amit Shah’s net worth doubles in 5 years, affidavit reveals investments in...
The recent revelation of Union Home Minister Amit Shah’s doubled net worth to Rs 36 crore over five years, as per his election affidavit, has sparked widespread interest and debate. Beyond the...
View ArticleClik here to view.
Byju’s has finally paid part employee salaries for March after multiple delays
Few names are as well-known in the rapidly evolving field of educational technology as BYJU’S. However, beyond the surface of prosperity is a story of ongoing financial instability. The company’s...
View ArticleClik here to view.
Affidavit reveals 62.84% increase in assets of Amit Shah and his wife in the...
Widespread debate and investigation have been triggered by the recent disclosure of the notable increase in the assets of Union Home Minister Amit Shah and his spouse Sonal. A comparative analysis of...
View ArticleClik here to view.
Reliance Industries revenue surpasses estimates, net profit rises by 8.2% in Q4
Reliance Industries Limited (RIL) demonstrated its resilience and strategic strength by outperforming analysts’ estimates in the fourth quarter of its fiscal year 2024 with a solid performance. The...
View ArticleClik here to view.
Enam Group’s family office and A91 Partners to buy 27% stake in WeWork’s...
Due to the possible sale of its US parent firm WeWork Inc.’s stock, WeWork India, a major player in the coworking space in the nation, is going through major changes. This action, which was planned...
View ArticleClik here to view.
India might not give EV policy concessions to Chinese firms citing national...
The automobile industry has been impacted by India’s aggressive electric vehicle (EV) policy, which has the potential to draw in international firms. A deeper examination reveals a notable omission,...
View ArticleClik here to view.
Report suggests Indian Apple stores are among the firm’s global high performers
Following the Covid-19 outbreak, Apple was in a precarious position. The IT giant started a strategic diversification journey after upheavals rocked its manufacturing stronghold in China. India proved...
View ArticleClik here to view.
Aramco’s Venture Capital segment to invest USD 200-350 Mn in Indian startups
Through its venture financing arm, Prosperity7 Ventures, Saudi Aramco, the multinational energy behemoth, is proactively entering India’s vibrant startup scene. The company, which manages assets worth...
View ArticleClik here to view.
PhonePe allocated most of its investments from last year to insurance segment
In the ever-changing world of financial technology, or fintech, wise investments are crucial in determining how quickly a company can grow. Walmart subsidiary PhonePe, a major force in India’s fintech...
View ArticleClik here to view.
Reliance JIO beats China Mobile to become world’s largest telecom operator by...
Jio, the telecom arm of India’s massive Reliance Industries Ltd (RIL), has made headlines lately by surpassing China Mobile to become the world’s largest mobile operator in terms of data traffic...
View ArticleClik here to view.
Indian microblogging platform, Koo, stops paying salaries to employees due to...
Once regarded as a possible competitor to Twitter in India, Koo is currently facing financial difficulties and personnel issues that have left it at a crossroads. The decision to stop paying employee...
View ArticleClik here to view.
Shareholders show green flag to Swiggy for upcoming $1.2 Bn IPO
The gigantic food delivery company Swiggy, headquartered in Bengaluru, has recently attracted a lot of interest after receiving clearance from its shareholders for an enormous INR 10,414.1 Crore (about...
View ArticleClik here to view.
Zepto, Swiggy Instamart among other quick commerce services asked to prove...
The Indian government has taken decisive action to control the delivery times claimed by major participants in an effort to maintain openness and fairness in the rapidly growing quick commerce...
View ArticleClik here to view.
Capital Group purchases 6.24% stake worth over $330 Mn in PB Fintech
For an estimated $330 million USD, US financial services giant Capital Group has made a calculated strategic move by acquiring an additional 6.24 percent share in PB Fintech, the parent company of...
View ArticleClik here to view.
Timasek and Fidelity’s potential $200 Mn investment in Lenskart to increase...
With a big investment from Temasek in Singapore and Fidelity in the United States, India’s Lenskart, an eyewear store, is very close to reaching a significant milestone as it approaches a $5 billion...
View ArticleClik here to view.
Report suggests xAI in talks with investors for $6 Bn funding
The business tycoon Elon Musk, well-known for his audacious forays into electric cars, brain interfaces, and space exploration, is stirring things up in the IT sector once more. This time, it’s with...
View ArticleClik here to view.
Third Wave Coffee’s loss in FY23 increased four folds to 55 Cr, despite 356%...
Third Wave Coffee Roasters appeared as a lighthouse of artisanal coffee culture in 2017 in the bustling streets of Bengaluru, amid the aroma of freshly ground coffee beans. Anirudh Sharma, Sushant...
View ArticleClik here to view.
Healthify lays off 150 employees as part of restructuring attempts
Innovation and flexibility are key components of the healthtech industry, and a Bengaluru-based business called Healthify (previously Healthifyme) is redefining the field with audacious actions. The...
View ArticleClik here to view.
Indian Startup News: Indian startups raised $172 Mn this week; from Lyskraft...
Within the dynamic Indian startup ecosystem, fundraising activity is a critical indicator of the ecosystem’s health and vibrancy. Nonetheless, there was a noticeable decrease in investment activity...
View ArticleClik here to view.
Premji Invest’s $10 Bn fund to focus on investments in AI companies
Premji Invest, the largest family office in India that manages over $10 billion for software entrepreneur Azim Premji, is undertaking a big strategic move in response to the fast changing global...
View Article