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Apple To Start Manufacturing iPhone In India Soon: Report
In its effort to expand manufacturing in India and reduce dependence on China, tech giant Apple is reportedly looking for an initial manufacturing work on an iPhone 17 base model in India soon....
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Ninjacart’s Revenue Jumps 74% To INR 2,002 Cr In FY24
B2B agritech startup Ninjacart has reported 74% increase in the operating revenue in FY24 to INR 2,002.7 Cr from INR 1,153.4 Cr in the previous fiscal year. The company also trimmed its net loss by...
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Meesho’s Adjusted Loss Narrows 97% To INR 53 Cr In FY24
Ecommerce major Meesho reported a 32.7% surge in operating revenues to 7,615 Cr in the financial year ending March 2024 (FY24) from INR 5,735 Cr in the previous fiscal year. The startup was also able...
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Nazara Arm Datawrkz Buys UK’s Growth Marketing Agency Space & Time
Gaming giant Nazara Technologies’ subsidiary Datawrkz has picked up 100% stake in UK-based growth marketing agency Space & Time for around INR 52.3 Cr in a cash and stock deal. With this buyout,...
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Moneyview’s FY24 Revenue Jumps 75% To INR 1,012 Cr
Bengaluru-based fintech startup Moneyview reported a 75% increase in the operating revenue to INR 1,012.01 Cr for the financial year ending March 2024 (FY24) from INR 576.75 Cr in the previous fiscal...
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[Update] Swiggy Sets IPO Price Band At INR 371-390
Update | October 30, 4:00 PM Foodtech major Swiggy has announced to open its initial public offering (IPO) on November 6. “The price band of the offer has been fixed from INR 371 per equity share to...
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CoinDCX Unveils Feature For Users To Access Control Over Crypto Assets
Homegrown cryptocurrency exchange CoinDCX has rolled out an integrated decentralised custody feature that will now allow its users to access control over their crypto assets on the blockchain. Earlier...
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Niyo Narrows Losses To INR 143.47 Cr, Revenue Declines 28.6% In FY24
Neobanking startup Niyo Global has posted a decline in operating revenue at INR 93.84 Cr for the financial year ending March 2024 (FY24), down 28.6% from INR 131.44 Cr in the previous fiscal year, as...
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Zaggle Allots 2.29 Lakh Equity Shares Under ESOP Plan
Fintech SaaS startup Zaggle has alloted nearly 2.29 Lakh equity shares under its Employee Stock Option Scheme (ESOP) 2022. In an exchange filing, the Mumbai-based startup today (October 30) said it has...
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Ritesh Agarwal On Taking OYO To Profits, The Shark Tank Spotlight & More
Ritesh Agarwal, the founder of OYO, a hospitality unicorn giant, just can’t seem to avoid the spotlight — whether it is about OYO’s turnaround to profits, the company’s recent acquisitions overseas, or...
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Time For Liftoff? How The VC View On India’s Spacetech Startups Is Changing
Until 2020, Indian spacetech startups were not on the public radar. Space missions were primarily under the purview of the government-run Indian Space Research Organisation (ISRO), and even VC funds...
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Country Delight Closes INR 200 Cr Debt Round From Alteria Capital
Dairy tech startup Country Delight has announced the final close of its INR 200 Cr debt funding round from venture debt firm Alteria Capital. Of the total, the startup had raised INR 70 Cr from Alteria...
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Indian Startup Employees Made Over INR 1,250 Cr Via ESOP Buybacks In 2024
Indian startups continued to buy back employee stock options in 2024, as part of their efforts to reward employees amid the funding winter. Over the years, employee stock option plans (ESOPs) have...
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Two-Wheeler EV Sales Pick Up Pace In October; Ola Electric Regains Some Lost...
The electric two-wheeler registrations in India shot up by almost 73% month-on-month (MoM) to cross 1.2 Lakh units in October this year on the back of festive season sales discounts. As per Vahan data...
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Whatfix’s Revenue Jumps 49%, Crosses INR 400 Cr Mark
Bengaluru-based SaaS startup Whatfix’s operating revenue breached the INR 400 Cr mark in the financial year ended March 31, 2024. The SoftBank-backed startup posted a 49% increase in its revenue from...
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How Ex-BharatPe CPO’s AI Startup Is Set To Change The Face Of Indian Healthcare
The Indian healthcare sector is ailing and you may ask why. Well, the country has a doctor-to-patient ratio of merely 0.7 doctors per 1,000 people, abysmally lower than the World Health Organisation’s...
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The People Taking PhonePe From UPI App To Super App
When was the last time you saw a private company releasing a tell-all annual report? But PhonePe is not an ordinary company any more. What was once just a UPI app has now morphed into a tech giant,...
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Indian SaaS Startup Funding Sees 33% YoY Spike In H1 2024
On the face of it, the Indian startup ecosystem is showing some signs of revival this year, ticking all the right boxes. This also resulted in an increase in funding for Indian SaaS startups, but all...
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Rare Rabbit’s FY24 Profit Doubles To INR 75 Cr
Bengaluru-based fashion brand The House of Rare, which operates apparel brand Rare Rabbit, saw its net profit increase over 2X in the financial year ended March 31, 2024 on the back of rising sales....
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Can AGNIT’s GaN Wafers Become India’s Edge In The Global Chip Market?
Recently, global semiconductor giant Infineon Technologies pioneered the development of the world’s first 300 mm power gallium nitride (GaN) wafer technology. While GaN semiconductors have been in use...
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