Kenexai, a US-based technology consulting firm specializing in Data and AI services, has strategically acquires Ridgeant India, a technology consulting provider based in Ahmedabad, India. Consequently, this acquisition strengthens Kenexai’s…
The Indian Waqf (Amendment) Bill, 2024, has sparked debates about its impact on the governance of waqf properties across the country. Waqf assets, historically intended for charitable and religious purposes,…
Global edtech firm Eruditus recorded a 12% revenue growth in FY24, reaching ₹3,733 crore, compared to ₹3,322 crore in the previous year. The Mumbai-based company significantly reduced its EBITDA losses…
Flipkart Singapore invests ₹3,248.9 crore (around $379 million) into its marketplace subsidiary, Flipkart Internet, through a rights issue. This latest capital injection, as per filings with the Registrar of Companies…
Twiddles, a health-focused snacking startup co-founded by cricket legend Yuvraj Singh, is making a strong entry into India’s premium snacking segment. In just three months, the brand has attracted over…
OpenAI is on the verge of securing a massive $40 billion funding round, led by Japanese conglomerate SoftBank. According to Bloomberg, SoftBank will contribute $7.5 billion initially, followed by an…
The limited capacity of Elon Musk-led Starlink may lead to premium pricing for its services in India, according to a report by brokerage firm Jefferies. While India presents a massive…
Cult.fit, India’s leading fitness unicorn, has initiated steps to go public with a ₹2,500 Cr ($292 Mn) IPO. The Zomato-backed company has shortlisted Axis Capital, Jefferies, Goldman Sachs, Morgan Stanley,…
Mumbai-based fintech startup OneStack secures $2M (INR 17 Cr) in a Series A funding round led by Pentathlon Ventures. The funding also saw participation from Yatra Angel Network, 100Unicorns, and…
Early-stage venture capital firm 2am VC has introduced its second fund, aiming to invest in 30 Indian startups at pre-seed and seed stages. This fund will allocate 60% towards initial…