Zomato logo
Posted in BusinessDaily Feeds

Zomato Allocates 10.65 Crore ESOPs After Two Consecutive Profitable Quarters

by SA TeamPosted on

Three points you will get to know in this article: Zomato Allocates 10.65 Crore Equity Shares through ESOPs The renowned foodtech giant, Zomato, has recently assigned approximately 10.65 crore equity shares through various employee stock option plans (ESOPs). In an official filing with the exchange, the company communicated that its board has given the green light for the allocation of…

Paytm soundboxes
Posted in BusinessFinance

New-Age Tech Stocks Decline Amid Geopolitical Tensions; Paytm Emerges as Biggest Winner This Week

by SA TeamPosted on

Three points you will get to know in this article: This week witnessed a downturn in the performance of Indian new-age technology stocks, mirroring the broader market’s decline. The setback was attributed to a combination of mixed Q2 earnings reports from various companies and escalating geopolitical tensions.Within the realm of Inc42’s coverage, 11 out of the 18 new-age tech stocks…

Goga ML
Posted in BusinessTechnology

Giga ML Secures $3.6 Million to Assist Enterprises in Training and Deploying On-Premise LLMs

by SA TeamPosted on

Three points you will get to know in this article: Giga ML, hailing from San Francisco and Bengaluru, recently secured $3.6 million in a seed funding round spearheaded by Nexus Venture Partners. Notably, this funding initiative garnered support from significant players such as Y Combinator, Liquid 2 Venture, 8vdx, and key angels including Garry Tan, President, and CEO of Y…

Artha Exits
Posted in AutomobileBusiness

Artha and Rockstud Exit Uber-Backed Everest Fleet with Over 18x Returns

by SA TeamPosted on

Three points you will get to know in this article: Everest Fleet, a startup in the fleet management domain backed by Uber, recently witnessed the departure of two investors, Artha Venture Fund and Rockstud Capital. This development unfolded just days after successfully securing funding from Uber and Paragon Ventures. In the aftermath of this transition, Rockstud Capital proudly declared an…

Meesho
Posted in Ecommerce

Indian E-Commerce Startup Meesho Attains Inaugural Profit Milestone, Eyes IPO in 12-18 Months

by SA TeamPosted on

Three points you will get to know in this article: On August 7th, in Bengaluru, there was significant news from Indian e-commerce startup Meesho. For the very first time, the company has recorded a profit, marking a significant milestone. During an interview, a senior executive of the company revealed their ambitious plan: to become publicly listed on the stock market…

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