BusinessStartups FundingStartups Insights PharmEasy’s Valuation Plummets to $456M Amid Financial Struggles by Arti Singh December 26, 2024 December 26, 2024 PharmEasy’s, one of India’s leading online pharmacies, has experienced a steep drop in its valuation, now standing at $456 million. This marks a dramatic 92% decline from its peak valuation …
Startup StoriesStartups FundingStartups Insights Epigamia Co-Founder Rohan Mirchandani Passes Away at 41 Due to Heart Attack by Arti Singh December 24, 2024 December 24, 2024 Rohan Mirchandani, the visionary co-founder of Epigamia, passed away on December 21, 2024, at the age of 41 after suffering a heart attack. Their sudden demise has shocked the Indian …
Startups FundingStartups InsightsTechnology Indian IT CEO Pay Jumps 160% in 5 Years, Freshers Get Only 4% by Arti Singh December 24, 2024 December 24, 2024 In the past five years, salaries of Chief Executive Officers (CEOs) at India’s top five IT companies have surged by a staggering 160%, according to data analyzed by Moneycontrol. During …
BusinessStartups FundingTechnology Reliance Industries Arm Reliance Digital to Acquire 45% Stake in Health Alliance Group for $10 Million by Arti Singh December 24, 2024 December 24, 2024 Reliance Digital Health Ltd (RDHL), a subsidiary of Mukesh Ambani’s Reliance Industries, has made a strategic move to acquire a 45% equity stake in Health Alliance Group Inc. (HAGI) for …
BusinessStartups FundingStartups Insights Adani Group to Acquire Air Works for ₹400 Crore by Arti Singh December 24, 2024 December 24, 2024 Adani Group, through its wholly-owned subsidiary Adani Defence Systems and Technologies Ltd (ADSTL), has entered into a binding agreement to acquire an 85.8% shareholding in Acquire Air Works, India’s largest …
Startup StoriesStartups FundingStartups Insights Startups in India Surge to 9,000, Bioeconomy Targets $300B by 2030 by Arti Singh December 24, 2024 December 24, 2024 India’s biotech startup ecosystem has witnessed extraordinary growth, transforming from just 50 startups in 2014 to a staggering 9,000 startups today. Union Minister Jitendra Singh, speaking at the FE Green …
Startup StoriesStartupsStartups FundingStartups InsightsTechnology Semiconductor Startup Mindgrove Technologies Secures $8M in Series A Funding by Arti Singh December 24, 2024 December 24, 2024 Mindgrove Technologies, a cutting-edge fabless semiconductor design startup, has successfully secured $8 million in a Series A funding round. The funding round, co-led by Rocketship.vc and Speciale Invest with participation …
BusinessStartups FundingStartups InsightsTechnology Mukesh Ambani’s Reliance Faces ₹91,140 Crore Loss in Market Cap in 5 Days by Arti Singh December 24, 2024 December 24, 2024 In a significant financial downturn, Mukesh Ambani’s Reliance Industries Ltd. (RIL) witnessed a massive erosion of Rs 91,140 crore in market capitalization over just five trading sessions. The bearish trend …
BusinessStartup StoriesStartups FundingStartups Insights Startup Founder Urges High-Salaried Indians to Leave India, Cites Innovation Challenges by Arti Singh December 24, 2024 December 24, 2024 A controversial Reddit post by an Indian entrepreneur has sparked debates across social media. The startup founder, who returned to India after studying and working abroad, advised high-salaried professionals to …
BusinessStartups FundingStartups Insights Vedanta Reimagines Demerger Strategy: Shareholders to Benefit from Simplified Growth Plan by Arti Singh December 24, 2024 December 24, 2024 Metals and mining giant Vedanta Ltd., led by billionaire Anil Agarwal, has revised its ambitious demerger plan. Initially, Vedanta planned to split into six distinct entities: Vedanta, Vedanta Aluminium, Vedanta …