Startups Kenexai acquires Ridgeant India, expanding global AI consulting by Ankit Dubey April 5, 2025 April 5, 2025 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 …
Startups India’s Waqf Policy Shift: AI Boosts Transparency, Governance by Ankit Dubey April 4, 2025 April 4, 2025 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, …
Startups Eruditus posts ₹3,733 crore revenue FY24 ,EBITDA loss by 83% by Ankit Dubey April 4, 2025 April 4, 2025 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 …
Startups Flipkart Singapore invests ₹3,249 Cr in Indian marketplace arm by Ankit Dubey April 3, 2025 April 3, 2025 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 …
StartupsUncategorized Yuvraj Singh’s startup Twiddles targets ₹125 crore ARR next year by Ankit Dubey March 29, 2025 March 29, 2025 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 …
Startups OpenAI nears closing SoftBank-led $40B funding round soon. by Ankit Dubey March 28, 2025 March 28, 2025 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 …
Startups Jefferies: Starlink’s Limited Capacity May Push Premium Pricing by Ankit Dubey March 28, 2025 March 28, 2025 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 …
Startups Cult.fit selects five bankers for ₹2,500 Cr IPO by Ankit Dubey March 27, 2025 March 27, 2025 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, …
Startups OneStack Secures $2M to Digitize Co-Operative Banking Services by Ankit Dubey March 27, 2025 March 27, 2025 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 …
Startups 2am VC launches second fund to support 30 Indian startups by Ankit Dubey March 27, 2025 March 27, 2025 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 …
