Mumbai-based Klassroom Edutech, an innovative education OTT platform, has successfully secured fresh funding in its Pre-Series A round led by ah! Ventures. Renowned actor and entrepreneur Suniel Shetty, alongside other …
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Accel Secures $650 Million for Its Latest India Fund to Fuel Startup Growth
by Arti SinghVenture capital firm Accel has raised $650 million for its eighth India fund, reinforcing its commitment to the Indian startup ecosystem. The fund, backed by 131 undisclosed investors, mirrors Accel’s …
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Pristyn Care Eyes $100 Mn Funding Amid Expansion and IPO Plans: Report
by Arti SinghHealthtech unicorn Pristyn Care is reportedly in discussions to secure fresh funding of $50 million to $100 million, according to Livemint. The funding round is expected to close in the …
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Parrami Finance Launches Working Capital Loans to Empower Startups
by Arti SinghParrami Finance, a registered Non-Banking Financial Company (NBFC), has launched a working capital program specifically designed for DPIIT-recognized startups. The initiative aims to address the financial needs of startups, enabling …
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Foxconn Unveils $230M Worker Housing in Tamil Nadu
by Arti SinghFoxconn, the Taiwanese electronics manufacturing giant, has completed a $230 million housing project for workers at its Sriperumbudur plant in Tamil Nadu. This initiative, aimed at accommodating its predominantly female …
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RBI Grants UPI Access to Prepaid Payment Instruments via Third-Party Apps
by Arti SinghThe Reserve Bank of India (RBI) has introduced a groundbreaking policy change, allowing prepaid payment instrument (PPI) users to make Unified Payments Interface (UPI) transactions through third-party mobile applications. This …
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RedTape Announces 3:1 Bonus Shares and ₹2 Interim Dividend Boost for Shareholders”
by Arti SinghRedTape, a small-cap company listed in India, has recently made headlines by announcing a 3:1 bonus share issuance alongside an interim dividend of ₹2 per share. This corporate move is …
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Elon Musk Offers $1 Billion to Wikipedia for a Name Change.
by Arti Singh“I am still ready to pay Wikipedia $1 billion if it changes its name to Wikipedia, says Elon Musk,” reiterates a bold offer made by the billionaire entrepreneur. Known for …
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Nazara Increases Stake in Absolute Sports to 81.94% with INR 73 Cr Investment
by Arti SinghNazara Technologies, a leading name in the Indian gaming industry, has raised its stake in its subsidiary, Absolute Sports, by acquiring an additional 10.26% equity for INR 72.73 crore. This …
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Startup Founder’s Journey: From Rs 20 Lakh Daily Revenue to Zero Amid Amazon Competition
by Arti SinghIn a stark revelation, an Indian startup founder shared the collapse of his once-thriving home organizer business that peaked with daily revenues of Rs 20 lakh. His inspiring journey began …