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 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 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 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 …
BusinessStartupsStartups InsightsTechnology Aduna collaborates with Sinch to expand global API access by Ankit Dubey February 11, 2025 February 11, 2025 Aduna, founded in September 2024, is revolutionizing global access to network APIs. This simplifies seamless application integration on any network, worldwide. In partnership with Sinch, Aduna is expanding its API …
BusinessStartupsStartups FundingStartups InsightsTechnology Zeta raises $50 million, boosting valuation to $2 billion by Ankit Dubey February 11, 2025 February 11, 2025 Zeta, a cloud-native banking technology startup, has raised $50 million in its latest funding round, bringing its valuation to $2 billion. This marks a significant leap from the company’s previous …
BusinessStartups Insights HCLTech Opens New 5,000 Capacity Delivery Center in Hyderabad by Ankit Dubey February 11, 2025 February 11, 2025 HCLTech has strengthened its presence in India’s growing tech ecosystem by launching a state of the art 5,000 capacity delivery center in Hyderabad. Spanning 320,000 square feet, this facility underscores …