Economic Times
JJG Aero secures $12 million funding from CX Partners for expansion. Anuj Jhunjhunwala aims for growth with 35% annual increase. OEMs and tier-1 vendo
Byju’s India CEO Arjun Mohan has resigned after just six months in the job. Founder Byju Raveendran will fill in the role for now. This and more in
Baron Funds and Invesco revised Pine Labs' valuation to $5.8 billion and $4.8 billion respectively. Fidelity later marked it down to $3 billion. Pine
Meta Platforms will temporarily shut down Threads in Turkey from April 29 to comply with the Turkish competition authority's order, impacting only Thr
New Delhi, India remains top for digital services expansion. Firms to boost investments in AI, data analytics, cybersecurity. Cybersecurity focus expe
Nikhil Kamath's 'WTFund' offers under-25 entrepreneurs Rs 20 lakh grants, mentorship, and support. Trend of founders turning investors seen. Applicati
Ola Electric reduces S1 X scooter prices to bolster market position against Ather's Rizta. FY24 market leader with extended warranty and sales surge.
Think and Learn's shareholders approved a USD 200 million capital raise through a rights issue despite opposition. The NCLT ordered funds to be held.
Naval Ravikant and Brian Norgard have relaunched Airchat, a voice-centric social media app, which is quickly gaining popularity. The app focuses on au
Clientall, which had previously raised $600,000 (about Rs 5 crore) from Chiratae Ventures and Artha Venture fund, said the new funds will be used for
Twitter and Google-backed homegrown social media firm Sharechat has closed $49 million in debt financing through convertible debentures from existing
SA Technologies launches Global Capability Center in Bengaluru, India, strengthening global operational excellence. Inspera partnership enhances edtec
Palo Alto, California-based Rubrik is planning to sell 23 million shares priced between $28 and $31 per share, the source said on condition of anonymi
Canada has become ground zero for Facebook's battle with governments that have enacted or are considering laws that force internet giants - primarily
Byju Raveendran returning to the top of daily affairs after nearly four years and is of significance as as a group of Byju’s investors voted in Febr
According to IDC, global smartphone shipments increased 7.8% to 289.4 million units during January-March, with Samsung, at 20.8% market share, clinchi
Xeed Ventures, an early-stage fund run by Sailesh Tulshan, which was formerly known as 021 Capital, has also roped in Premji Invest as an LP. The inve
Fintech startups Groww, Zerodha, Navi are venturing into asset management, focusing on passive funds and non-metro retail investors. Challenges includ
In India, founders like Sacheti and Bansal are funding domestic funds like Xeed Ventures. The Rs 600 crore fund, with Premji Invest's backing, invests
Ola expands e-commerce via ONDC, adding groceries and fashion. Uber may use ONDC for diversification. Ola sees profitability with Rs 250 crore Ebitda
