Flipkart-backed logistics company BlackBuck is planning to go public. The company filed its draft red herring prospectus (DRHP) with SEBI, the Indian market regulator. Logistics startup BlackBuck, backed by Flipkart, has filed its draft IPO papers with SEBI. The company aims to raise $300 million through a mix of new share issuance and existing shareholder…
Softbank, the tech titan known for its sky-high bets, just took a massive $150 million dive off the Paytm rollercoaster. After pouring a whopping $1.5 billion into the Indian fintech darling in 2017, Softbank finally jumped ship, but not before losing a chunk of change. This isn’t just a stumble, it’s a full-on faceplant for…
Minimalist, a rising star in the Indian D2C market, continues to shine. This Jaipur-based brand has hit a new high, surpassing Rs 350 crore in revenue for FY24, a remarkable 89% year-on-year growth. This growth story extends to profits, which have doubled in the same period. Minimalist’s success is fueled by its focus on high-quality,…
Yes Madam is an Indian startup that provides in-home salon and spa services. They connect customers with trained beauty professionals who come directly to your home to perform a variety of treatments. Yes Madam has launched a new plan called ‘Platinum Partners’ for the workers on its platform, under which the service partners will have…
The latest AI cloud firm in the industry is E2E Networks and this firm has been able to secure $50 million in fresh capital. The company intends to utilise this capital in order to further enhance its AI driven cloud platform to benefit business consumers of advanced machine learning and AI applications. E2E Networks was…
The Indian government has currently launched the Digital Agriculture Mission to modernize the usa’s agriculture zone. This bold initiative goals to enhance farmers’ incomes by means of presenting them with get right of entry to to digital equipment and statistics. The undertaking will help various virtual agriculture tasks, which includes the creation of a digital…
My Tirth India, a company that combines spirituality and technology, has unfortunately decided to cease operations due to a shortage of financial support. This news is particularly surprising given the recent popularity and growth of the spiritual tech sector. Despite the overall tightening of funding for many industries, spiritual tech has managed to attract significant…
Apple is planning to manufacture iPhone 16 Pro models in India, which will be available from the first day of the after the launch. This move marks a significant expansion for Apple in India, as earlier only standard models were manufactured in the country. Apple’s this decision can be a major step towards further strengthening…
Founders and Their Vision Aman Gupta an MBA graduate from the Indian School of Business (ISB) and Kellogg School of Management, was significantly experienced in the electronics and audio industry due to his work in companies like Harman International, And Sameer Mehta who had expertise in product design and consumer electronics came together for boAT. The duo identified…
National coworking space leader Smartworks is getting prepared for his IPO with a fresh issue of Rs 550 crore. This is rather strange because in the last fiscal the company suffered a net loss of almost Rs 50 crore. But revenue is on an increase; for the next fiscal ending March 31, 2023 it stood…
