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Funding Alert

The Indian government has abolished the angel tax, formally known as Section 56(2)(viib) of the Income Tax Act, which was introduced in 2012 to target investments in unlisted companies.

In a strategic move to enhance the startup ecosystem in India, Finance Minister Nirmala Sitharaman has announced the abolition of the angel tax.

Tuesday, July 23, 2024 9:36 pm Startup Magazine Team 0

Summary: In a bid to enhance the startup ecosystem and promote innovation in India, Finance Minister Nirmala Sitharaman announced the removal of the angel tax. […]

Google has announced a significant price reduction for Google Maps services in India and will begin accepting payments in Indian rupees starting August 1, 2024.

Google has announced a significant price reduction for Google Maps services in India and will begin accepting payments in Indian rupees starting August 1, 2024.

Thursday, July 18, 2024 9:33 pm Startup Magazine Team 0

Google has announced a significant price reduction for Google Maps services in India and will begin accepting payments in Indian rupees starting August 1, 2024. […]

WazirX Faces Security Breach After Suspicious $230 Million Transfer

WazirX Faces Security Breach After Suspicious $230 Million Transfer

Thursday, July 18, 2024 8:47 pm Startup Magazine Team 0

Indian cryptocurrency exchange WazirX suffered a security breach on Thursday, resulting in the temporary suspension of all withdrawals. The breach involved the transfer of approximately […]

AstroTalk Secures ₹78.3 Crore in Series A Extension from Left Lane Capital and Elev8 Capital

AstroTalk Secures ₹78.3 Crore in Series A Extension from Left Lane Capital and Elev8 Capital

Thursday, July 18, 2024 1:16 pm Startup Magazine Team 0

Summary: AstroTalk, an online astrology platform, raised ₹78.3 crore in a Series A funding extension from Left Lane Capital and Elev8 Capital. Founded in 2017 by Puneet […]

Grey Minimalist Tips Blog Banner 9

Candi Solar Secures $38 Million in Series C Funding for Clean Energy Growth

Tuesday, June 11, 2024 11:16 am SM 0

Candi Solar, a leading solar energy solution provider based in Mauritius, has successfully raised $38 million in its Series C funding round. This significant capital […]

Grey Minimalist Tips Blog Banner 6

Absolute Sports, a subsidiary of Nazara Technologies, has acquired SoapCentral.com, a US entertainment content website, for $1.4 million

Thursday, June 6, 2024 3:01 pm SM 0

Key Points: Absolute Sports, a sports media platform and subsidiary of Nazara Technologies, has completed the acquisition of SoapCentral.com, a US entertainment content website, for […]

Indian Startup News & Funding Alert Daily Highlights

Indian Startup News & Funding Alert Daily Highlights

Monday, May 27, 2024 9:40 am Startup Magazine Team 0

Daily Indian Startup News and Funding Alert – 29 July 2024 Funding News D2C haircare brand Moxie Beauty raises Rs 17.3 Cr Moxie Beauty, a […]

*EV Component Manufacturer Matel Secures $4M Funding Led by Transition Venture Capital*

EV Component Manufacturer Matel Secures $4M Funding Led by Transition Venture Capital

Thursday, May 16, 2024 6:52 pm Ankur Srivastava 0

Key Points: Matel, a dynamic player in the electric vehicle (EV) component manufacturing sector, recently announced securing a significant $4 million in funding. Transition Venture […]

AI Search Startup Perplexity AI, has reached unicorn status with a valuation $1 billion after securing $63 million in funding

AI Search Startup Perplexity AI, has reached unicorn status with a valuation $1 billion after securing $63 million in funding

Wednesday, April 24, 2024 4:14 pm SM Team 0

Highlights: Perplexity AI, a startup pioneering artificial intelligence-driven search technology to rival Google, has achieved unicorn status after securing approximately $63 million in a recent […]

Kedaara Capital Invests in Dairy Day: A Sweet Deal in the Ice Cream Industry

Kedaara Capital Invests in Dairy Day: A Sweet Deal in the Ice Cream Industry

Wednesday, March 27, 2024 3:31 pm Ankit Singh 0

Kedaara Capital Invests in Dairy Day: A Sweet Deal in the Ice Cream Industry In a significant move within the ice cream industry, Kedaara Capital […]

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