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Jumbotail Set to Become India’s First Unicorn of 2025 with $120 Mn Fundraise
With Jumbotail, a prominent platform that links suppliers and kirana retailers, on the verge of becoming a unicorn, the B2B e-commerce industry in India is undergoing a significant upheaval. In order...
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Cult.fit Gears Up for IPO: Fitness Unicorn Eyes $2 Bn Valuation
The Indian startup ecosystem is witnessing a surge in IPO activity, and fitness unicorn Cult.fit is the latest to jump on board. Backed by Zomato and other marquee investors, the company has reportedly...
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Centre Fights Back: Indian Govt to Oppose X Corp’s Lawsuit on IT Rules
The Indian government and Elon Musk’s X Corp, formerly known as Twitter, have been at odds over the legitimacy of the contentious Sahyog Portal and Section 79(3)(b) of the Information Technology (IT)...
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Jubilant FoodWorks Eyes Aggressive Expansion: Plans 3,000 Domino’s Outlets in...
The ambitious goal of 3,000 Domino’s restaurants within the next three years has been set by Jubilant FoodWorks, the master franchisee of Domino’s Pizza in India. Despite worries about a slowdown in...
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Weekly Startup Funding News: Indian startups raised $144 Mn this week; from...
As the final quarter of FY25 wraps up, the Indian startup ecosystem witnessed a week full of action. From fintech dominance in funding to significant mergers and acquisitions (M&As), and IPO-bound...
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Weekly Business Updates: From Domino’s expansion plan to Zerodha’s Reluctance...
Domino’s Bold Expansion Plan: 3,000 Outlets by 2028 In India, Jubilant FoodWorks, the Domino’s Pizza master franchisee, is starting a bold expansion plan. The company currently has 2,000 stores, and in...
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Groww in Talks for $200 Mn Pre-IPO Funding as It Prepares for Public Listing
Groww, an investing platform based in Bengaluru, is creating a lot of noise as it prepares for a possible public listing. According to reports, the financial startup is in advanced talks to seek $200...
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Why Dream11 Is Returning and What It Means for India’s Gaming Industry
By moving its headquarters from the US to India, Dream Sports, the parent company of the massive fantasy sports company Dream11, has taken a risk. It is the first contemporary company to take advantage...
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BigBasket’s Big Bet: Can It Outpace Zepto, Blinkit, and Instamart in Quick...
Even seasoned professionals like K Ganesh, the promoter and founder director of BigBasket, have been caught off guard by the emergence of rapid commerce. Customers have embraced the 10-minute delivery...
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Renault Acquires Nissan’s 51% Stake, Becomes Sole Owner of India Plant
Nissan’s remaining 51% investment in Renault Nissan Automotive India Private Ltd (RNAIPL) will be acquired by Renault Group in a historic move that might completely change the automotive industry in...
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Luxury alcoholic drink startup O’Be Cocktails closes doors after five year...
After five years of operation, luxury alcoholic beverage firm O’Be Cocktails has announced its closure. The decision, which CEO Nitesh Prakash described as one of the hardest, put an end to a daring...
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Binny Bansal Invests Rs 70 Crore in Plaksha University to Drive AI,...
The Binny Bansal Institute for Inventing the Future (IIF) will be established at Plaksha University in Mohali thanks to a Rs 70 crore commitment from Binny Bansal, co-founder of Flipkart and Xto10x. In...
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Zomato Lays Off 600 Employees Amid AI Push and Slowing Growth
Zomato, the massive food delivery service, has made news once more, but not for the reasons it had planned. Only a year after hiring 600 customer support associates under its Zomato Associate...
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IndiQube Spaces Secures SEBI Nod for Rs 850 Cr IPO
Bengaluru-based managed workspace provider IndiQube Spaces has received approval from the Securities and Exchange Board of India (SEBI) to launch its Rs 850 crore initial public offering (IPO). The IPO...
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India’s Electronics Boom: Rs. 22,000 Cr PLI Scheme to Transform Component...
With the Union Cabinet’s approval of a Production Linked Incentive (PLI) plan of Rs. 22,919 crore for electronic components and subassemblies, India is making significant strides in the production of...
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Swiggy Faces Rs 158 Cr Tax Demand: A Legal Battle Over Cancellation Fees
One of the top meal delivery services in India, Swiggy, is embroiled in a big tax issue. For the fiscal year 2021–2022, the Bengaluru-based business was slammed with a tax demand of more than Rs 158...
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Trump’s “Liberation Day” Tariffs See Last-Minute Adjustments: 14 Countries...
When former President Donald Trump announced his “Liberation Day” tariffs, the global trade community braced for a seismic shift. However, a Bloomberg review has uncovered a subtle but significant...
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Sam Altman Praises India’s AI Surge—What’s Driving the Boom?
Sam Altman, the founder of OpenAI, has acknowledged that India is having a significant impact on the global AI scene. “What’s happening with AI adoption in India right now is amazing to watch,” Altman...
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Scapia Raises $40 Mn to Revolutionize Travel Fintech in India
Bengaluru-based travel fintech startup Scapia has made waves in the industry by securing $40 million in Series B funding, led by Peak XV Partners. Existing investors Elevation Capital, Z47, and 3STATE...
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Aerem Secures ₹100 Cr Series A to Supercharge India’s Solar Revolution
Mumbai, April 4, 2025 — In a powerful push towards India’s clean energy goals, Aerem, an end-to-end solar platform for businesses and households, has raised ₹100 crore in its Series A funding round....
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