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Deepika Padukone founded skincare startup 82°E to raise $6 Mn in seed...
The direct-to-consumer (D2C) personal care business 82°E, founded by Bollywood actress Deepika Padukone, is allegedly close to obtaining Rs 50 crore, or roughly $6 million, in an extended initial...
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How much did executives of top startups like Zomato and Nyka make in FY24?
A notable development in the business landscape of India is the notable pay gap that has been seen between executives at new-age IT organizations and those at established IT corporations such as Tata...
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IPO News: Sebi approves Ola Electric’s mega IPO worth Rs 7,250 Cr
Ola Electric is now a trailblazer in the nation’s electric vehicle (EV) market according to the Securities and Exchange Board of India’s (Sebi) approval of its initial public offering (IPO). The...
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Zepto in talks with Lightspeed, DST Global for funding round of over $300 Mn
The $300 million investment round for Zepto, a quick commerce unicorn based in Mumbai, is almost complete. Zepto’s growth trajectory has reached a significant turning point with this cash infusion from...
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Vivo to sell Greater Noida factory to Micromax parent Bhagwati Products,...
The parent firm of Micromax, Bhagwati Products, is apparently close to purchasing one of Vivo’s factories in Greater Noida. Vivo is a massive Chinese smartphone manufacturer. This action, which was...
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Foxconn’s new plant in Hyderabad to provide 25k jobs, starting in August
The multinational manufacturing behemoth that powers Apple, Foxconn, is getting ready to make ripples in Telangana, India. Foxconn plans to develop a cutting-edge manufacturing facility close to...
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Dealers refuse to trade-in Toyota Tundras and Lexus LX600s due to recall
The automobile industry has been rocked by Toyota’s recent twin-turbo V6 engine recall caused by machining debris. With the Lexus LX600 and 2022–2023 Tundras impacted, this problem has wide-ranging...
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The 2025 BMW M2 features an upgraded cabin, horsepower increased to 473 ponies
BMW’s much-loved M2 sports car is about to enter production with a slew of upgrades that should improve its technological sophistication, performance, and aesthetic appeal. BMW hopes to maintain the...
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Byju’s directed to maintain status quo of shareholders by NCLT amid controversy
On June 12, 2024, the National Company Law Tribunal (NCLT) directed Byju’s, a leading edtech company, to maintain the status quo regarding its existing shareholders and their shareholdings until the...
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Hyundai Motors India files for $3 Bn IPO
A potentially revolutionary financial move is about to be made by Hyundai Motor India Limited (HMIL), the South Korean automaker’s Indian subsidiary. Aiming for an astounding $2.5 billion to $3 billion...
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Laid off Paytm employees raise objections against unfair layoffs, some asked...
Following a recent round of layoffs, Paytm has seen strong opposition from both the media and its workforce. The company is under close investigation due to allegations of unfair treatment and reports...
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Market cap of BSE listed firms hits $5.18 Tn high, beats Hong Kong to become...
Hong Kong has lost ground to India’s Bombay Stock Exchange (BSE) to become the world’s fourth-largest equities market, a significant event for global financial markets. Bloomberg data indicates that...
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Indian Startup Funding News: Indian startups raised $201 Mn in this week;...
Subdued investment activity aside, there has been a notable upsurge in the Indian startup environment. In 21 agreements between June 10 and June 15, startups raised a total of $201.8 million. This...
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Lotus Herbals sets up $50 Mn fund to invest in early stage beauty startups
A $50 million innovation fund has been established by Lotus Herbals, a significant participant in the personal care industry, to invest in early-stage beauty firms. With the goal of encouraging...
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Slice raises $20 Mn from Neo Asset Management as part of larger $30 Mn debt...
Slice, a fintech business based in Bengaluru, has successfully raised $20 million (about INR 170 crore) from Neo Asset Management’s Credit Opportunities Fund in a debt financing round. This financing...
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Reports suggest that OYO will raise $100 Mn to $125 Mn in funding at $2.5 Bn...
Oyo, a global chain of low-cost hotels, reportedly wants to raise an extra $100–$125 million in a market valued at $2.5 billion. According to TechCrunch, this finding marks a significant turning point...
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Zomato confirms ongoing rumors of Paytm’s ticketing business acquisition,...
Food delivery behemoth Zomato has revealed talks with Paytm about acquiring Paytm’s movie ticketing and events company, in a calculated attempt to increase its position in the “going out” market. This...
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Former Indian IT MoS Rajeev Chandrashekhar gets into debate with Elon Musk on...
The security of electronic voting machines (EVMs) has been a topic of discussion between American entrepreneur Elon Musk and BJP politician Rajeev Chandrasekhar, which has garnered a lot of attention....
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Edtech firm Chegg to lay off 441 employees in restructuring process
Chegg, a prominent player in the education technology sector, has announced a significant restructuring plan that includes laying off approximately 441 employees, which is 23% of its global workforce....
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Who is Zara Shatavari, India’s candidate at Miss AI? Know more about the Miss...
Zara Shatavari is at the vanguard of this transition as the digital age continues to alter the limits of invention. Zara is an influencer created by AI, and her success represents a significant change...
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