Zomato entered late fast trade company, founder and CEO of Zomato Deepinder Goyal he said in a fireside chat with ETtech editor Samidha Sharma. Goyal said the exponential growth of rapid trade has been a surprise to everyone. “I didn’t think it would grow that much,” he added. On regulatory scrutiny, Zomato CEO said fast … Read more
Capital IQ, a boutique investment advisory firm, recently announced the strategic acquisition of Karman Drones at a valuation of Rs 75 crore (or around $8.92 million). Karman Drones is a drone design startup specializing in indigenous designs for civil and defense purposes. The acquisition marks Capital IQ’s entry into the rapidly growing drone sector, aligning … Read more
Rohan Malhotra, Co-Founder and Managing Partner of an early-stage venture capital firm good capitalHe died on October 1. Widely respected for his keen investment insights and unwavering dedication to nurturing entrepreneurial talent, Malhotra co-founded Good Capital in 2019 along with his brother, Arjun Malhotra. In just a few years, the company established itself as a … Read more
Top entrepreneurs, policymakers, investors and business leaders are ready to celebrate the best of Indian entrepreneurship at the tenth edition of The Economic Times Startup Awards in Bengaluru today October 5th. Ashwini Vaishnaw, union minister for railways, information and broadcasting, electronics and IT, will be the guest of honor at the glittering ceremony. Winners and … Read more
Food technology giant led by Deepinder Goyal Zomato has announced a major expansion of its employee stock ownership plan (ESOP), allocating nearly 1.2 crore stock options worth around Rs 328 crore to its eligible employees. According to a regulatory filing filed on October 2, 2024, the company’s board of directors approved the grant of 1,19,97,768 … Read more
Financial technology specialist led by Vijay Shekhar Sharma pay announced today that it has strengthened its leadership in AI-driven innovation. The company has promoted Deependra Singh Rathore to chief technology officer (CTO). Additionally, Manmeet Dhody, transitioning from CTO to a new role as AI Fellow at Paytm, will drive projects related to AI innovation in … Read more
2 minutes of reading Last update: October 4, 2024 | 22:08 IS IPO-bound foodtech platform Swiggy on Friday announced the launch of its 10-minute food and beverage delivery service, Bolt. It is already operational in key locations in six major cities – Hyderabad, Mumbai, Delhi, Pune, Chennai and Bengaluru – and will expand to more … Read more
Travel technology platform EaseMyTrip, which suspended flight reservations to Maldives in January, after a diplomatic dispute with India, said on Friday it had resumed bookings to the island nation following “improved bilateral relations” between both governments. In June, EaseMyTrip CEO Nishant Pitti responded to the controversy surrounding the resumption of flight bookings to the Maldives … Read more
The Japan International Cooperation Agency (JICA) has announced the appointment of TAKEUCHI Takuro as the new Chief Representative of its Office in India, effective September 23, 2024. Takeuchi replaces SAITO Mitsunori, who concluded his tenure at JICA India after three years and one month of service. Takeuchi’s experience Takeuchi brings with him vast experience of … Read more
india startup ecosystem needs to expand support for incubators across the country, according to a joint report by IIM Bangalore and IIT Madras published on Friday, noting that the ratio of incubators in the country is just 0.8 per million people, compared with eight to 10 in the US, UK and China. The report, titled … Read more
