BusinessStartupsStartups Insights Droom’s revenue drops 66% to ₹85 Cr, losses ₹40 Cr by Ankit Dubey February 11, 2025 February 11, 2025 Droom, a once-promising unicorn in India’s used car marketplace, has reported a significant financial setback. The company’s revenue dropped by 66% in the 2023-24 fiscal year, falling from ₹253 crore …
BusinessStartupsStartups InsightsTechnology T-Mobile Starlink beta free until July for everyone by Ankit Dubey February 11, 2025 February 11, 2025 T-Mobile has introduced the innovative T-Mobile Starlink, a space-based mobile network developed in partnership with SpaceX’s Starlink. This service, currently in beta, promises to eliminate the frustrating issue of mobile …
BusinessStartupsStartups FundingStartups Insights Rupeeflo raises $1 million to enhance financial access for NRIs by Ankit Dubey February 11, 2025 February 11, 2025 Rupeeflo, a fintech startup, has successfully raised $1 million in pre-seed funding to revolutionize banking and investing for Non-Resident Indians (NRIs). The funding round, led by Piper Serica Angel Fund, …
BusinessStartupsStartups InsightsTechnology Macron unveils $112B AI investment, France’s Stargate response by Ankit Dubey February 11, 2025 February 11, 2025 In a bold announcement late on Sunday, French President Emmanuel Macron introduced a €109 billion ($112 billion) investment in artificial intelligence (AI), positioning France as a key player in the …
BusinessStartupsStartups FundingStartups Insights Triton’s B2B tech fund secures ₹120 crore in Fund II by Ankit Dubey February 11, 2025 February 11, 2025 Mumbai-based venture capital firm Triton has successfully closed the first round of its second fund, Triton’s B2B tech Fund II. The firm has secured ₹120 crore out of a targeted …
BusinessStartupsStartups Insights Nykaa’s Q3 profit jumps 61% to ₹26 crore, revenue up by Ankit Dubey February 11, 2025 February 11, 2025 FSN E-Commerce Ventures, the parent company of Nykaa, reported an impressive 61% increase in its Q3 profit, reaching ₹26 crore. In addition, Nykaa’s revenue saw a 27% YoY increase, touching …
BusinessStartupsStartups Insights Amazon India launches Suvidha Kiosk at Kumbh by Ankit Dubey February 11, 2025 February 11, 2025 Amazon India has introduced a unique initiative at the 2025 Maha Kumbh Mela in Prayagraj, Uttar Pradesh, by launching the “Suvidha Kiosk.” This facility aims to cater to millions of …
BusinessStartupsStartups Insights Asian Granito reports ₹360 crore consolidated sales in Q3 FY25 by Ankit Dubey February 11, 2025 February 11, 2025 Asian Granito India Ltd (AGL) reported consolidated net sales of ₹360 crore for the third quarter (Q3) of FY25, marking a decline from ₹371 crore last year. Despite challenges such …
BusinessStartupsStartups InsightsTechnology South Korea’s spy agency says DeepSeek collects excessive data by Ankit Dubey February 11, 2025 February 11, 2025 South Korea’s National Intelligence Service (NIS) has issued a warning against the Chinese AI app that DeepSeek collects excessive data. The app reportedly gathers a wide range of personal data, …
BusinessStartupsStartups FundingStartups Insights Men’s health brand Bold Care raises $5 million funding by Ankit Dubey February 11, 2025 February 11, 2025 Bold Care, a men’s sexual health and wellness startup, has raised $5 million in a Series A funding round. The round was co-led by Rainmatter, founded by Nithin Kamath, CaratLane …