BusinessStartupsStartups Insights Infinity Fincorp Secures $35 Mn to Empower India’s Underserved MSMEs by Arti Singh January 13, 2025 January 13, 2025 Infinity Fincorp Solutions, a pioneering non-banking financial company (NBFC) focused on empowering micro, small, and medium enterprises (MSMEs), has secured $35 million in funding from Jungle Ventures, Archerman Capital, and …
BusinessStartupsStartups Insights Foxconn and Dixon Seek Swift Release of Pending Government Subsidies Under PLI Scheme by Arti Singh January 9, 2025 January 9, 2025 Foxconn Technology Group and Dixon Technologies India Ltd. have requested the Indian government to release pending subsidies under the production-linked incentives (PLI) scheme. The government initially pledged ₹41,000 crore to …
BusinessStartup StoriesStartups Swiggy Launches Pyng App: A One-Stop Platform for Professionals to Manage and List Their Services by Arti Singh January 9, 2025 January 9, 2025 Swiggy has introduced a new app, Pyng Professional, aimed at professionals such as nutritionists, yoga instructors, life coaches, and designers. This platform allows them to list their services, schedule bookings, …
BusinessStartupsStartups Insights LEAP India Acquires CHEP India: Transforming Supply Chain Sustainability in India by Arti Singh January 9, 2025 January 9, 2025 LEAP India, a leading player in India’s supply chain and logistics sector, has strategically acquired CHEP India Private Limited. This move significantly enhances LEAP India’s capabilities in the asset-pooling and …
BusinessStartupsStartups InsightsTechnology AIOCD Challenges RailTel’s Plan to Partner with Online Pharmacies for Medicine Delivery by Arti Singh January 9, 2025 January 9, 2025 The All India Organisation of Chemists and Druggists (AIOCD), representing over 12.49 lakh chemists, has strongly opposed RailTel Corporation of India’s proposal to invite bids from online pharmacy platforms for …
BusinessStartupsStartups Insights NCLT Reserves Order on Appeals by BYJU’S Creditors Over CoC Inclusion by Arti Singh January 9, 2025 January 9, 2025 The National Company Law Tribunal (NCLT) has reserved its order regarding the appeals filed by two creditors, Glas Trust and Aditya Birla Finance, seeking to be included in the Committee …
BusinessStartupsStartups Insights Dunzo Cofounder Kabeer Biswas Joins Flipkart to Lead Quick Commerce Operations by Arti Singh January 9, 2025 January 9, 2025 Kabeer Biswas, cofounder of Dunzo, is set to take on a new role as the head of Flipkart Minutes, leading Walmart-owned Flipkart’s quick commerce operations. This move marks his second …
BusinessStartups InsightsTechnology ePlane and TCS Join Forces to Revolutionize Electric Air Mobility in India by Arti Singh January 9, 2025 January 9, 2025 The ePlane Company, a pioneer in urban air mobility and compact electric flying taxis, has joined hands with Tata Consultancy Services (TCS) to revolutionize urban transportation. By combining ePlane’s advanced …
BusinessStartupsStartups Insights T-Hub Introduces BIML Program to Empower India’s Startup Incubation Ecosystem by Arti Singh January 9, 2025 January 9, 2025 Hyderabad-based T-Hub, a renowned startup incubator in India, has unveiled the Business Incubation Management & Leadership (BIML) program under its AIC T-Hub Foundation. This program aims to transform India’s incubation …
BusinessStartupsStartups Insights MobiKwik Achieves ₹291 Crore Revenue in Q2 FY25 but Reports ₹3.5 Crore Net Loss by Arti Singh January 8, 2025 January 8, 2025 Fintech platform MobiKwik reported significant growth in revenue for the second quarter of FY25, marking a 43% year-on-year increase to Rs 291 crore. Despite this robust growth, the company posted …