BusinessStartupsStartups FundingStartups Insights Tata Steel Netherlands Faces €27 Million Penalty Over Emission Violations by Arti Singh December 21, 2024 December 21, 2024 Tata Steel Netherlands is facing a significant penalty of nearly Euro 27 million due to non-compliance with emission standards at two of its plants. The Dutch Environmental Service issued the …
BusinessStartups FundingTechnology Hyundai to Use Made-in-India Amaron Batteries in Domestic Vehicles by Arti Singh December 21, 2024 December 21, 2024 Hyundai will begin using Amaron’s Made-in-India AGM batteries in its domestic vehicles starting Q4 FY 2024-25. This makes Hyundai the first automaker in India to adopt locally produced AGM battery …
BusinessStartupsStartups FundingStartups Insights Unicorn Startups’ Workforce Drops by 6.7K: Report PrivateCircle by Arti Singh December 21, 2024 December 21, 2024 The headcount of unicorn startups in India declined by 6,700 employees between August 2023 and August 2024, according to a study by PrivateCircle Research. Despite this decrease, Indian unicorns remain …
BusinessStartups FundingStartups Insights Indian Oil’s Landmark Investment: Over ₹21,000 Crore for Refinery Growth and City Gas Expansion in Bihar by Arti Singh December 21, 2024 December 21, 2024 Indian Oil Corporation (IOC), India’s leading oil and gas company, is making a substantial investment of over Rs 21,000 crore in Bihar. This initiative includes expanding the Barauni refinery, establishing …
Startup StoriesStartupsStartups FundingStartups Insights India’s Startups: The Game Changers Set to Boost GDP by $120 Billion by 2030 by Arti Singh December 21, 2024 December 21, 2024 India is undergoing a transformative era where Indian startups emerge as critical economic growth drivers. According to a report by Bengaluru-based venture capital firm Kalaari Capital, startups are projected to …
BusinessStartups FundingStartups Insights RBI Imposes ₹27 Lakh Fine on IndusInd Bank for Non-Compliance by Arti Singh December 21, 2024 December 21, 2024 The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹27.30 lakh on IndusInd Bank for non-compliance with certain provisions under the Reserve Bank of India (Interest Rate …
BusinessStartup StoriesStartups Funding Pepperfry Welcomes New CFO to Lead Financial Growth: Madhusudan Bihani Steps Up by Arti Singh December 19, 2024 December 19, 2024 Pepperfry, India’s leading e-commerce platform for furniture and home décor, has appointed Madhusudan Bihani as its new Chief Financial Officer (CFO). With over two decades of experience in finance, compliance, …
BusinessStartups FundingStartups InsightsTechnology Trident Unveils Plans to Invest Rs 3,000 Crore in Madhya Pradesh’s Thriving Textile Sector by Arti Singh December 16, 2024 December 16, 2024 Trident Group will invest Rs 3,000 crore in Madhya Pradesh’s textile sector after a meeting between Chairman Rajinder Gupta and Chief Minister Dr. Mohan Yadav at the “Invest Madhya Pradesh” …
BusinessStartup StoriesStartups FundingTechnology Amazon India Digitizes 12 Million MSMEs and Drives $13 Billion in E-commerce Exports. by Arti Singh December 16, 2024 December 16, 2024 Amazon India has made significant advancements in the nation’s e-commerce sector, achieving its goal of digitizing 12 million Micro, and Medium Enterprises (MSME) ahead of schedule— a full year before …
Startups FundingStartups InsightsTechnology Solar Square Secures $40 Million, Setting a New Benchmark in India’s Solar Startup Sector by Arti Singh December 16, 2024 December 16, 2024 Solar Square secured $40 million in Series B funding, the largest in India’s solar sector, led by Lightspeed Venture Partners and Lightrock. Existing investors, including Elevation Capital and Chris Sacca’s …