Three points you will get to know in this article: Flipkart, the prominent e-commerce giant, is earmarking approximately $15-20 million to support the development of an in-house credit marketplace startup led by its senior executive, Prakash Sikaria. This information has been confirmed by multiple sources familiar with the situation. Prakash Sikaria, a Senior Vice President within the company, previously responsible…
Three points you will get to know in this article: • The development follows Ather’s recent INR 900 Cr ($108 Mn) rights issue.• Ather’s FY23 revenue soared to INR 1,806 Cr from INR 408.5 Cr in FY22.• Kamath invests in Indian startups like Nazara, Licious, Third Wave Coffee, and more. Nikhil Kamath, one of the co-founders behind Zerodha, India’s premier…
Three points you will get to know in this article: On a remarkable Tuesday, September 19th, the telecom behemoth Reliance Jio unveiled JioAirFiber services, a comprehensive solution poised to revolutionize the landscape of home entertainment, elevate smart home services, and deliver lightning-fast broadband connectivity. This groundbreaking service has made its debut in eight bustling metropolitan hubs, promising a transformative digital…
Three points you will get to know in this article: Google India has just unveiled its second batch of promising startups for Google for Startups Accelerator Women Founders initiative. After sifting through a pool of over 300 applications, Google India has handpicked 20 women-led startups to join this empowering journey. Through this initiative, these remarkable entrepreneurs will benefit from invaluable…
Three points you will get to know in this article: According to persons familiar with the situation, Byju’s, India’s most valuable startup, is conducting a strategic evaluation of all assets acquired in the last few years in order to sell non-core subsidiaries and refocus its focus back to core, profitable industries. According to the sources referenced above, Byju’s plans to…
Cirkla, a forward-thinking sustainable packaging startup, has successfully secured an impressive $3 million (equivalent to Rs 24.8 crore) during a pre-seed funding round. This noteworthy achievement was made possible through the strong leadership of Matrix Partners India, with valuable contributions from Stellaris Venture Partners and a cohort of esteemed angel investors. According to the startup, the raised funds will be…
Three points you will get to know in this article: D2C Insider wrapped up its highly-anticipated Omni Channel Summit 2023 on September 9th, 2023, at the prestigious venue of The Leela in the vibrant city of Mumbai. As per the official statement, the gathering saw the presence of more than 250 trailblazing D2C business founders, including notable figures such as…
At FORT North America 2023, we’re excited to introduce you to six dynamic startups from around the globe. Among them, two hail from India, shining a spotlight on the country’s thriving startup landscape. These innovative entrepreneurs will captivate you with their engaging five-minute elevator pitches. The Sovereign Wealth Fund Institute (SWFI) announced on Wednesday that its Family Office Round Table…
Furlenco, the pioneering furniture rental firm, excitedly revealed its gradual step toward expansion on a sunny Wednesday, September 6th. This exciting journey is marked by the opening of two attractive offline locations in the lively city of Bengaluru, which is an important component of their overall expansion strategy. Furlenco, which was founded in 2012 by visionary Ajith Mohan Karimpana, is…
D-Matrix, a pioneering artificial intelligence chip startup headquartered in the heart of Silicon Valley, has successfully secured an impressive $110 million in funding. Notably, this funding round boasts participation from notable investors, including the tech giant Microsoft Corp. This achievement is particularly significant given the current challenges faced by many companies in the semiconductor industry as they seek to secure…
