In a significant development, the fantasy gaming platform Dream11 has emerged as the triumphant lead sponsor for the Indian cricket team, securing the rights with a staggering bid of INR 358 Cr. The news, reported by reliable sources cited in…
Virgin Galactic, the space tourism company established in 2004 by British billionaire Richard Branson, achieved a significant milestone as its rocket plane, Unity, completed its inaugural commercial spaceflight. This momentous occasion comes almost two years after Mr. Branson himself embarked…
Nithin Kamath, the Founder and CEO of Zerodha, has shed light on the growing corporate governance issues within Indian startups, emphasizing that these challenges will likely exacerbate over time. In his observations, Kamath underscores that while founders often bear the…
June 30, 2023 – Nithin Kamath, the Founder and CEO of Zerodha, has expressed his concerns about the increasing corporate governance issues within Indian startups. In a series of tweets, Kamath emphasized that both founders and venture capitalists (VCs) share…
In a significant development for the Indian fintech scene, Lendingkart, a prominent startup, has secured a substantial Rs 200 crore in long-term debt funding from the renowned financing platform, EvolutionX Debt Capital. This strategic investment marks EvolutionX’s third foray into…
Scapia, a credit card and travel rewards platform, has secured $9 million in a seed funding round led by Matrix Partners India. Tanglin Venture Partners and Binny Bansal’s 3STATE Ventures also participated in the funding round. This marks the second…
Mumbai, June 24, 2023 – ideaForge, the prominent drone manufacturing startup, has achieved a significant funding milestone by securing ₹255 crore ($31 million) from anchor investors. This achievement comes just days after the company filed its Red Herring Prospectus (RHP)…
Renowned investor Anupam Mittal has issued a comprehensive statement in response to the ongoing controversies surrounding Shark Tank India. Mittal firmly rejected the allegations as baseless and lacking evidence, emphasizing the importance of relying on factual data to assess the…
Meta, formerly known as Facebook, unveiled a significant initiative on Wednesday, June 28, as it introduced a $250,000 fund designed to bolster Indian startups and developers involved in the creation of mixed reality (MR) products. The program aims to select…
In a bid to tap into India’s thriving startup ecosystem, Golden Sparrow, a micro venture capital firm based in the United States, has announced the launch of a specialized fund dedicated to investing in artificial intelligence (AI) and software-as-a-service (SaaS)…