The government is launching a new fund called AgriSURE to support startups and entrepreneurs in the agriculture sector. This Rs 750 crore fund will provide loans and investments to help these businesses grow. A hackathon for green solutions in agriculture was also kicked off. To kickstart the project on a high note, a hackathon focused…
Slice, the store that lets you buy things online and pay later, is like that friend who always has your back. This year, to keep growing bigger and helping more people, Slice needed some extra cash. So, they went to their friend Neo Markets, who is kind of like a bank, and borrowed Rs 65…
Gurugram-based XR startup Metadome. ai just supercharged its growth with a $6bn funding round in September, and is on course to clock revenues north of $200m within the next year or so. Series A funding round in the amount of 5M$ provided by Siana Capital and Chiratae Ventures. This will help fund Metadome’s quest of…
Zepto is a rapid delivery startup that has increased its valuation to $5 billion after it closed a funding round of $340 million led by General Catalyst. It is almost double the valuation it attained in June, which was $3.6 billion. The fresh capital will drive expansion plans of the company at Zepto, including doubling…
UPI the interface of India’s digital payment revolution goes from strength to strength. To be specific, the total turnover processed by the UPI in September reached 15.04 billion, the highest one-month turnover by 2.95 billion than the previous high in August. year on year this is a 42 percent increase which is indicative of the…
“In any market, a brilliant concept supported by a clear vision and competitive plan leads to success.”With the success of their company, the Kolkata-based duo of two friends has proven the above point. WOW Momo is a well-known fast-food restaurant chain with headquarters in Kolkata. They specialize in momos, a typical dish in Nepal, Tibet,…
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…
Hindustan Composite is a leading auto ancillary company which strategically invested in the IPO-bound online food delivery giant Swiggy. The strategic partnership has come when Bollywood superstar Amitabh Bachchan’s family office also picked up a minority stake in the Bengaluru-based company. As part of the deal valued at Rs 5.17 crore, Hindustan Composite has entered…
A Classic Case of Wrong Positioning, Not a Bad Product Poor engineering is rarely the root cause of a popular car brand’s challenges in a market like India. The product’s positioning, pricing, and communication strategies are more frequently the cause of problems. A clear example of this mismatch is the Jeep story in India. Jeep…
Mobile wallet firm MobiKwik has at last been able to record its first full year of operations in the black. The total income of the fintech company increased to 58% year-on-year. 7 % in FY 24 and also posted a net profit as against a net loss in the previous year. This a clear pointer…
