Business

Indian e-bike startup EMotorad secures $20M, challenging China’s global electric bike market dominance. Indian E-Bike Startup Challenges China’s Market Dominance EMotorad, an Indian electric bike startup, recently secured a significant $20 million Series B funding. This investment propels the company’s ambitious plan to disrupt the global e-bike market, currently dominated by China. This latest financial …

EMotorad’s Global Ambitions Boosted by $20M Series B Investment Read More »

Ex-BharatPe CEO Ashneer Grover, wife Madhuri Jain Grover summoned by Delhi Police over $9.7M fraud; key developments and implications in the fintech sector. Ashneer Grover, Madhuri Jain Grover Alleged Fraud Case at Fintech Giant BharatPe Indian entrepreneur Ashneer Grover, co-founder and former Managing Director of BharatPe, and his wife Madhuri Jain have been scrutinized by …

Delhi Police Summons Ex-BharatPe Boss Ashneer Grover and Wife Madhuri Jain Grover Read More »

Discover Saumya Singh Rathore’s journey from a UK student to Noida’s richest woman and founder of the successful WinZO app. Be inspired by her meteoric rise in India’s startup scene. Hey there, readers! Today, I have an exciting story to share. It is all about Saumya Singh Rathore, Noida’s richest woman. If you have not …

Meet Noida’s Startup Superstar: Saumya Singh Rathore Read More »

BYJU’S faces operational disruptions after reportedly failing to clear dues with major CRM providers. The Edtech giant grapples with internal challenges and executive departures. Bengaluru – BYJU’S, the leading Edtech firm, is under scrutiny after reports emerged that it failed to clear dues to prominent CRM and data management companies, disrupting their internal operations. Over the past …

BYJU’S Faces Disruption Over Unpaid Dues Read More »

Zepto emerges as a star in India’s startup scene, while others face hurdles. Get a quick roundup of this week’s top startup news. India celebrates its first unicorn of 2023, Zepto, marking the country’s 111th unicorn.  The startup has impressively bagged a whopping $200 million from investors, boasting a valuation of $1.4 billion.  This comes as a surprise …

India’s 111th Unicorn: Zepto Shines in India’s Startup World Amidst Challenges for Others Read More »

Navantia, the state-owned shipbuilder of Spain, and Larsen & Toubro (L&T), an engineering major, have joined forces to compete for a massive submarine-building project in India. The project, known as Project 75I, involves the construction of six advanced submarines for the Indian Navy at an estimated cost of ₹43,000 crore. The competition is heating up …

Navantia and L&T Partner to Bid for Indian Submarine Programme: A Boost for Indigenous Defense Manufacturing Read More »

Investors demand the removal of Byju Raveendran and Divya Gokulnath from their positions at Byju’s amidst concerns over financial transparency. The controversy highlights the challenges faced by the EdTech industry. In a recent development, a group of investors in Byju’s, the prominent Indian educational technology (EdTech) company, has expressed their dissatisfaction and called for the …

Byju’s – Investors Seek Removal of Byju Raveendran and Divya Gokulnath Amidst Controversy Over Byju’s Finances Read More »

India’s leading tire manufacturer, MRF Limited, has achieved a significant milestone as its share price soared above the Rs 1-lakh mark.  Following the announcement of its fourth-quarter financial results, the company witnessed a spike in its share price.  The net profit for the quarter stood at Rs 410.66 crore, a substantial increase compared to Rs …

MRF Share Price Surpasses Rs 1-Lakh Mark Read More »

Frustrated contestants of Shark Tank India reveal the delayed funding scam, raising questions about fairness and accountability.  Introduction In a shocking revelation, frustrated and disheartened contestants of Shark Tank India have come forward to share their stories of broken promises.  Despite delivering compelling pitches on national television, these entrepreneurs claim they have yet to receive …

Frustration Mounts as Shark Tank India Contestants Await Promised Funding Read More »

Byju’s, India’s most valued startup, needs help raising concerns about its stability and prospects. Recently, the company made headlines as it defaulted on a substantial $1.2 billion loan.  Byju’s As if that was not troubling enough, Byju’s has also announced its plans to lay off 1000 employees, further adding to the turmoil. This turn of …

Byju’s Defaults on $1.2 Billion Loan, Announces 1000 Employee Layoffs Read More »