Startups

Minister of State for Agriculture and Farmers Welfare Bhagirath Choudhary has launched the Krishi Decision Support System (Krishi-DSS), a satellite-based geospatial platform. The platform is designed to revolutionize the way Indian farmers manage their crops by providing real-time data on various crucial agricultural parameters. The launch took place during the National Conference on Space Solutions … Read more

The Bengaluru-based electric vehicle giant Electric Wave CEO Bhavish Aggarwal, during a press conference on the sidelines of the company’s Sankalp event, said that the company has sent a strong response to MapMyIndia. Aggarwal dismissed MapMyIndia’s claims as “opportunistic” and noted that the move was strategically timed around Ola Electric’s IPO. “Empty ships make more … Read more

Nasdaq-listed software-as-a-service (SaaS) company Freshworks recently announced the resignation of its chief product officer (CPO), Prakash Srinivasagopalan Ramamurthy. Ramamurthy has decided to retire after nearly five years with the company to pursue another career opportunity. Work with the CEO to ensure a smooth transition According to a recent study SEC FilingHe is working closely with … Read more

Singapore-based wealth technology startup Syfe has raised $27 million in a funding round led by existing investors including Peter Thiel’s Valar Ventures and London-based investment firm Unbound. Two UK-based family offices also participated in the round. The latest round brings Syfe’s record fundraising to $79 million. What does Syfe do? Founded in July 2019 by … Read more

After Zomato and Swiggy, the Walmart-owned e-commerce giant Flipkart It has quietly started charging a platform fee of Rs 3 on orders. The fee is applicable on online payments and cash on delivery (COD) orders, regardless of whether the customer is part of the Flipkart Plus program. The new charge is visible on Flipkart’s mobile … Read more

Giant of Indian Hospitality OYO has acquired Paris-based premium home rental company CheckMyGuest for Rs 230 crore in a cash-and-stock deal. “Checkmyguest has a strong presence in Paris. Oyo acquires a premium housing stock primarily through a share swap over a period of time,” said an Oyo spokesperson. While OYO did not disclose the cash … Read more

Months after failed merger talks with Airtel’s Wynk, India’s on-demand music streaming platform Gaaña It has reportedly been acquired by Entertainment Network India Limited (ENIL), the parent company of Radio Mirchi, for Rs 25 lakh. It is worth noting that Gaana has increased More than 200 million dollars in funding from investors including Times Internet, … Read more

Prudent Equity, a Gurugram-based company Asset Management The company has launched its first Growth Strategy Portfolio Management Service (PMS). The fund, which will be available in July 2024, is structured to cater to investors seeking long-term capital appreciation. The minimum investment required to participate in this fund is Rs 50 lakh, making it a great … Read more

Former Indian cricketer Sachin Tendulkar is reportedly entering the business world with the launch of an athleisure sports store. brand. Tendulkar will not undertake this adventure alone. According to a report by ETis teaming up with Karthik Gurumurthy, former head of Swiggy Instamart, and Karan Arora, another former Swiggy executive, to co-found the brand.. Formation … Read more

Mumbai-based gaming and esports company Nazara Technologies reported a net profit of Rs 23.6 crore for the first quarter ended June 30, 2024, marking a year-on-year (YoY) increase of 13% from Rs 20.9 crore in the same period last year. The profit growth came despite a slight decline in the company’s operating income, which fell … Read more