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Accel Raises $650M for New India Fund, Backed by 131 Investors

Venture capital firm Accel has announced the successful closure of its eighth India fund, securing $650 million with the participation…

by animesh.iitism@gmail.comJanuary 2, 2025
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EaseMyTrip Cofounder Nishant Pitti Offloads 1.4% Stake in the Company

Nishant Pitti, the cofounder, CEO, and promoter of EaseMyTrip, has sold a 1.41% stake in the travel-tech company. The transaction,…

by animesh.iitism@gmail.comJanuary 2, 2025
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Inside Foxconn’s $230 Mn Housing Development for Workers in India

Foxconn, the Taiwanese electronics giant and a key supplier for Apple, has successfully completed a $230 million (INR 1,965.4 crore)…

by animesh.iitism@gmail.comDecember 31, 2024
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Four Arrested for Embezzling ₹12.5 Crore from CRED in Major Cybercrime Case: Bengaluru Police

In a major cybercrime breakthrough, Bengaluru police have arrested four individuals from Gujarat for allegedly embezzling ₹12.5 crore from CRED,…

by animesh.iitism@gmail.comDecember 30, 2024
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Blinkit Expands Services to Jammu, Strengthens Quick Commerce Presence

In a significant move to expand its quick commerce operations, Blinkit has launched services in parts of Jammu, marking another…

by animesh.iitism@gmail.comDecember 30, 2024
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Snapdeal Slashes Losses By 88% in FY24, Moves Closer to Profitability

Ecommerce platform Snapdeal, part of the AceVector Group, has reported a remarkable turnaround in its financial performance for FY24. The…

by animesh.iitism@gmail.comDecember 30, 2024
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Pristyn Care Reports 33% Revenue Growth, Achieves ₹601 Crore in FY24

Pristyn Care, a prominent surgery-focused healthcare chain, has posted an impressive revenue growth of 33% for the fiscal year 2023-24,…

by animesh.iitism@gmail.comDecember 30, 2024
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Zepto Sees Second Top-Level Exit as VP of Central Operations Jitendra Bagga Steps Down

In a significant leadership shake-up, quick-commerce giant Zepto has announced the resignation of its Vice President of Central Operations, Jitendra…

by animesh.iitism@gmail.comDecember 30, 2024
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India Now Hosts Over 73,000 Startups with Women Directors: Commerce Ministry

India is emerging as a global hub for entrepreneurship, with over 73,000 startups boasting at least one woman director, according…

by animesh.iitism@gmail.comDecember 27, 2024
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Groyyo Promotes Nitin Jain to Cofounder Role, Aims to Expand Global Footprint

B2B manufacturing and supply chain enablement startup Groyyo has elevated Nitin Jain to the role of cofounder from his previous…

by animesh.iitism@gmail.comDecember 27, 2024

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