startupsnews

Metals 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 …

In 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 …

The 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 …

The 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 …

Pepperfry, India’s leading e-commerce platform for furniture and home décor, has appointed Madhusudan Bihani as its new Chief Financial Officer (CFO). With over two decades of experience in finance, compliance, …

ServiceNow, a global leader in digital workflow solutions, has announced the appointment of Ganesh Lakshminarayanan as the Managing Director (MD) and Group Vice President (GVP) for India and the SAARC …

Mumbai-based cloud kitchen giant Rebel Foods, known for brands like Fasos, Behrouz Biryani, and Oven Story, has raised $210 million in a Series G funding round led by Singapore’s Temasek …

The Ministry of Electronics and Information Technology has allocated Rs 2 crore in funding to five promising startups incubated at the Atal Incubation Centre (AIC) of the Birla Institute of …

AIC T-Hub, India’s premier incubation and innovation hub, has unveiled its latest cohort, selecting seven cutting-edge semiconductor startups to participate in its prestigious program. These startups, focused on developing advanced …

India’s startup ecosystem, recognized globally for its innovation and contribution to employment, faces a challenging reality. Over 5,000 startups registered under the Startup India program have closed operations as of …