BusinessStartupsStartups Insights ‘I’m Rich, Now What?’ Indian-Origin Loom Founder Reflects After $975 Million Exit by Arti Singh January 6, 2025 January 6, 2025 Vinay Hiremath, the Indian-origin co-founder of Loom, sold his startup to Atlassian for $975 million in 2023. Despite this financial windfall, Hiremath has publicly shared his struggles with finding purpose …
BusinessStartupsStartups InsightsTechnology PB Fintech Soars to New High with Bold Expansion into Healthcare Sector by Arti Singh January 4, 2025 January 4, 2025 PB Fintech, the parent company of PolicyBazaar, has reached a record-high share price amidst its expansion into the healthcare sector. This move highlights the company’s strategy to diversify its portfolio, …
BusinessStartupsTechnology Rudra Propulsion System: Revolutionizing Space with Eco-Friendly,High-Performance Technology by Arti Singh January 4, 2025 January 4, 2025 Bellatrix Aerospace has made a significant breakthrough in India’s space exploration by successfully firing its Rudra High-Performance Green Propulsion System aboard the POEM-4 platform during the PSLV-C60 mission. This remarkable …
BusinessStartupsStartups Insights RIL-backed Dunzo CEO Kabeer Biswas Steps Down Amid Financial Struggles by Arti Singh January 4, 2025 January 4, 2025 Kabeer Biswas, co-founder and CEO of RIL-backed Dunzo, is stepping down after over a decade of leadership. His departure follows those of other co-founders and comes amid financial struggles, including …
BusinessStartup StoriesStartupsStartups Insights Zepto Shifts to Marketplace Model with New Entity Ahead of IPO Launch by Arti Singh January 4, 2025 January 4, 2025 In a major development, Zepto, the 10-minute delivery giant, has set up a new entity called Zepto Marketplace Private Limited to streamline its operations and prepare for its initial public …
BusinessStartup StoriesStartups Government Plans to Ease Start-Ups’ Return to India by Arti Singh January 4, 2025 January 4, 2025 The Indian government is actively considering steps to facilitate the return of start-ups that have shifted abroad. Commerce and Industry Minister Piyush Goyal stated that the govt is open to …
BusinessStartups FundingStartups Insights Guestara Secures $500K to Revolutionize Global Hospitality with AI-Driven Guest Management by Arti Singh January 4, 2025 January 4, 2025 Guestara, a promising startup revolutionizing hospitality with AI-driven guest management, has successfully raised $500,000 in a pre-seed funding round. Led by industry veteran Sanjay Ghare, this capital will accelerate Guestara’s …
BusinessStartup StoriesStartupsStartups Insights DPIIT and SPF Join Forces to Transform India into a Global Innovation Powerhouse by Arti Singh January 4, 2025 January 4, 2025 The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with the Startup Policy Forum (SPF) to enhance India’s startup ecosystem. This landmark agreement is part of DPIIT’s …
BusinessStartupsStartups Insights Zepto’s VP of Central Operations Resigns Amid Company Transition by Arti Singh January 2, 2025 January 2, 2025 Zepto, a rapidly growing Indian startup in the quick-commerce space, has experienced a significant change at the leadership level. Jitendra Bagga, the Vice President (VP) of Central Operations, has resigned …
BusinessStartupsStartups Insights Snapdeal Cuts Losses by 43% to Rs 160 Crore in FY24, Strengthens Profitability Focus by Arti Singh January 2, 2025 January 2, 2025 Indian e-commerce company Snapdeal has demonstrated significant progress in its financial performance during FY24. The Gurugram-based platform reduced its net loss by 43.2%, reaching Rs 160 crore compared to Rs …