June 11, 2024 India’s HealthTech sector is rapidly evolving, driven by innovative startups leveraging technology to improve healthcare access, quality, and affordability. Here, we highlight ten standout HealthTech startups making significant strides in transforming the Indian healthcare landscape. 1. Practo…
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 injection attracted several investors dedicated to advancing modern clean energy systems, including EDFI ElectriFI, an…
Key Points of SEBI’s Proposal for Stricter Derivative Trading Norms SEBI Proposes Tighter Criteria for Derivative Trading on Individual Stocks On Monday, the Securities and Exchange Board of India (SEBI), the capital markets regulator, introduced a proposal for stricter norms…
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 an all-cash deal worth $1.4 million (approximately Rs 11.6 crore). The transaction, facilitated through its…
Key Points: Le Travenues Technology, the parent company of the online travel aggregator ixigo, is set to embark on its initial public offering (IPO) journey, commencing bidding on June 10. The company has strategically priced its shares within the range…
Key Points Dubai Dominates Global FDI Rankings for Cultural and Creative Sectors in 2022 In 2022, Dubai took the top spot worldwide for attracting Foreign Direct Investment (FDI) in the cultural and creative industries, as detailed in the Dubai FDI…
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 D2C haircare brand based in Gurugram, has raised Rs 17.3 crore ($2.1 million) in funding…
In a recent development, Honasa, the parent company of Mamearth, has been ordered by a UAE court to pay a hefty fine of INR 57 crore to its former distributor, RSM General Trading, for what the court deemed unlawful contract…
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 Capital spearheaded this funding round, indicative of the growing investor interest in sustainable energy initiatives.…
Key Points In a significant stride towards bolstering India’s prowess in space technology, the IIT-M incubated startup GalaxEye has forged a collaboration with the Indian National Space Promotion and Authorization Centre (IN-SPACe) aimed at enhancing the country’s satellite capabilities. The…