Aereo, a Bengaluru-based business Startup, recently received a $15 million investment! They will be able to enhance their drones and the unique computer programmes they employ for data analysis with the aid of this funding.Aерo assists large corporations in monitoring their valuable assets and machinery with the use of drones and intelligent computer programmes. They…
Nazara Technologies The India’s gaming mammoth is setting up a new record in its attempt to globalize and capture the Fusebox Games, a UK based gaming studio for INR 228 crore. It is an all cash acquisition, which shows how the firm is keen on expanding on its market interests in the interactive storytelling sub…
Wibmo, a leading payments security and digital financial services company, with City Union Bank and nStore, has launched the Buyer Side ONDC Module. The module is supposed to transform the digital buying journey of the customers of City Union Bank by seamlessly connecting them on the Open Network for Digital Commerce. ONDC is an initiative…
SaaS firm Unicommerce, which was not well-known until the IPO, has topped the most anticipated Ola Electric in terms of its IPO. Softbank backed Ola had a higher valuation and a larger issue size, but it did not invoke the kind of response Unicommerce did. The comparison of two IPOs shows the change in tendencies…
Axio, which started as Capital Float is one of the leading fintech companies in India has recently completed a $20 million right issue. The experts are of the opinion that the existing investors such as Amazon participated in this round of funding as well. Axio raises a strategic interest of Amazon in the Indian fintech…
Venture capitalists and industry experts have welcomed the removal of angel tax, which is an important step towards accelerating the growth of startups in India. Finance Minister Nirmala Sitharaman during the Budget presentation for 2024-25 announced that angel tax will be abolished for all investors. The angel tax, introduced in 2012 to prevent money laundering,…
All-rounder Hardik Pandya has partnered with FanCode Shop to launch his own performance wear range, marking his foray into the world of startups. Under this exclusive licensing deal, FanCode will design, manufacture and market the products, and work on a revenue-sharing model. The initial product lineup includes T-shirts, vests, polos, shorts and jackets, priced between…
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 Strategic Success of the Air India and Vistara Merger in India Introduction The Indian aviation industry has long been a battlefield of intense competition, regulatory hurdles, and unpredictable market dynamics. Within this volatile landscape, the merger between Air India and Vistara has emerged as a landmark event, symbolizing a strategic consolidation that could redefine…
BharatPe, a major Indian fintech company, has reportedly invested $8 million to $9 million to increase its ownership stake in its non-banking financial company subsidiary Trillion Loans to 60%. This move shows BharatPe’s commitment to strengthening its position in financial services.BharatPe now holds a majority 60% stake in Trillion Loans, highlighting its growing influence in…
