A Japanese marketing startup, Piala, found a clever way to boost employee health and productivity! Smokers were taking breaks throughout the day, but everyone clocked out at the same time. This meant non-smokers were basically working a little extra. To keep things fair and encourage a healthy lifestyle, Piala decided to offer non-smokers up to…
Delhivery, a logistics startup based in Gurugram, has left industry experts in awe as it did more than just break even and actually recorded a profit of INR 54.35 crore during the first quarter of FY2025, which is a significant difference from its INR 89.48 crore loss in the same period last year. The freight…
Starting up Livpure – the biggest player on Indian water purification market has received $24 million from both M& G Investments and Ncubate Capital Partners as part of its funding plan. The amount will go into use by this particular firm preparing for three various types of advancements which include: extending current product lines; improving…
Edtech giant Byju’s has managed to dodge a bullet by reaching a settlement with the Board of Control for Cricket in India (BCCI). The company was facing a potential insolvency crisis after defaulting on a Rs 158 crore payment to the cricket board. To avoid a takeover, Byju’s has agreed to pay the entire amount…
A significant arrest from Zomato family, Akriti Chopra, has put her papers in after serving over more than a decade for the company. The company released this information on September 27th and this brought her tenure to 13 years. Chopra had started working with Zomato in 2011 before which he had served in several important…
HCLSoftware, the software division of HCLTech, is bolstering its data analytics portfolio with the acquisition of French company Zeenea. The deal is worth €24m and is expected to close in September 2024. Zeenea is an intelligent data discovery company and has a platform for metadata management, data cataloging, lineage, governance and compliance. HCLSoftware will combine…
Rainmatter, an early-stage venture capital business supported by Zerodha, has made a Rs 10 crore investment in each of two companies in an equity funding round. The chosen startups are Boson Whitewater, a water recycling startup, and TruNativ, a nutrition-focused brand. Boson Whitewater, founded in 2011 by Vikas Brahmavar and Gowthaman Desingh, aims to become…
Wealthtech startup Stable Money has raised Rs 123 crore ($15 million) in a fresh funding round from RTP Capital, Lightspeed India and Matrix Partners. It has completed the second funding round within a year despite a challenging funding environment. The board approved the issuance of 77,135 CCPS at a price of Rs 16,019 per share….
BYJU’S, an ed-tech company, was founded in 2011 by Byju Raveendran and Divya Gokulnath. Headquarters in Bengaluru, India. BYJUs aims to revolutionize learning via technology, interactive content, and personalized methodologies. In 2015, BYJUs launched its flagship product, BYJU’s: The Learning App, in India. This app employs animated videos, games, and quizzes to create an engaging,…
Edtech Giant’s Troubles Deepen!! The troubles keep piling up for BYJU’S. The once high-flying edtech startup is now facing a major setback as over 100 of its tuition centres across India have been shut down. Landlords, frustrated by months of unpaid rent and utility bills, have taken drastic action, locking out the company. The crisis…
