Rohan Mirchandani, the visionary co-founder of Epigamia, passed away on December 21, 2024, at the age of 41 after suffering a heart attack. Their sudden demise has shocked the Indian …
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Mamata Machinery IPO Allotment Today: Check Status Online for Big Returns
by Arti SinghThe eagerly awaited Mamata Machinery IPO allotment is set to be finalized today, December 24, 2024. With an overwhelming subscription rate of 194.95 times, the IPO garnered massive attention from …
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Delhi-NCR Unicorns Outpace Bengaluru in Hiring, Adds 18,554 Employees: 2023-2024 Report
by Arti SinghDelhi-NCR unicorn startups have emerged as the top hiring region among India’s leading startup hubs, surpassing Bengaluru and Mumbai. From August 2023 to August 2024, Delhi-NCR unicorns added 18,554 new …
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Startups in India Surge to 9,000, Bioeconomy Targets $300B by 2030
by Arti SinghIndia’s biotech startup ecosystem has witnessed extraordinary growth, transforming from just 50 startups in 2014 to a staggering 9,000 startups today. Union Minister Jitendra Singh, speaking at the FE Green …
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Zomato Becomes First Indian Startup to Join Sensex 30
by Arti SinghZomato has made history by becoming the first Indian startup to be included in the Bombay Stock Exchange (BSE) Sensex 30, replacing JSW Steel Limited. This landmark achievement highlights the …
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Semiconductor Startup Mindgrove Technologies Secures $8M in Series A Funding
by Arti SinghMindgrove Technologies, a cutting-edge fabless semiconductor design startup, has successfully secured $8 million in a Series A funding round. The funding round, co-led by Rocketship.vc and Speciale Invest with participation …
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Vedanta Reimagines Demerger Strategy: Shareholders to Benefit from Simplified Growth Plan
by Arti SinghMetals and mining giant Vedanta Ltd., led by billionaire Anil Agarwal, has revised its ambitious demerger plan. Initially, Vedanta planned to split into six distinct entities: Vedanta, Vedanta Aluminium, Vedanta …
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Fortis Healthcare Acquires 7.61% Stake in Agilus for ₹429.37 Cr
by Arti SinghIn a strategic move, Fortis Healthcare has acquired an additional 7.61% stake in Agilus Diagnostics, India’s largest diagnostic service provider, for a substantial ₹429.37 crore. This acquisition will further increase …
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Unicorn Startups’ Workforce Drops by 6.7K: Report PrivateCircle
by Arti SinghThe headcount of unicorn startups in India declined by 6,700 employees between August 2023 and August 2024, according to a study by PrivateCircle Research. Despite this decrease, Indian unicorns remain …
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RBI Imposes ₹27 Lakh Fine on IndusInd Bank for Non-Compliance
by Arti SinghThe Reserve Bank of India (RBI) has imposed a monetary penalty of ₹27.30 lakh on IndusInd Bank for non-compliance with certain provisions under the Reserve Bank of India (Interest Rate …