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Prominent law firm faces legal action over $90 million "last-minute" legal bill
Category Startup News
Sourav Ganguly Invests in Food Delivery Startup JustMyRoots
New Delhi, July 7, 2023 — Former Indian cricketer and current Board of Control for Cricket in India (BCCI) president Sourav Ganguly has made a strategic investment in the food delivery platform JustMyRoots. The investment, which was undisclosed, is seen…
Elon Musk Asserts “Competition Is Fine, Cheating Is Not” as Twitter Threatens Legal Action Against Meta’s Threads App
In a brewing clash between social media giants, Twitter has issued a threat to sue Meta after the latter’s recent launch of the Threads app, which quickly attracted a user base of 10 million within hours. The micro-blogging platform accuses…
Battery Smart Secures $33 Million in Funding to Fuel Geographical Expansion and Customer Growth
Delhi-based battery swapping network, Battery Smart, has successfully raised $33 million (equivalent to approximately Rs 272 crore) in a pre-Series B funding round. The investment comes from existing investors Tiger Global and Blume Ventures, along with the addition of two…
Smartstaff Raises $6.2M in Series A Funding to Accelerate Geographical Expansion
Smartstaff, a leading blue-collar staffing platform, has successfully secured $6.2 million in Series A funding from prominent investors, including Nexus Ventures, Arkam Ventures, Blume Ventures, and Alteria Capital. The funds raised will be utilized by the company to scale up…
EV Startup Vegh Secures $5 Million Funding to Launch High-Speed Escooters
Vegh, an electric vehicle (EV) startup, has successfully raised $5 million in a Pre-Series funding round led by an undisclosed investor. This investment marks a significant milestone for Vegh as it continues its ongoing $50 million Pre-Series fundraising campaign. Established…
Varanium Group Achieves Initial Funding Close for Rs 250 Crore Maiden Venture Debt Fund
MUMBAI – Varanium Capital Advisors, an asset management firm based in Mumbai, has successfully completed the first close of its inaugural venture debt fund, securing Rs 250 crore, with an additional Rs 50 crore available through a green-shoe option. The…
Chennai-based Consulting Startup KaarTech Secures $30 Million Investment from A91 Partners
Chennai, India – KaarTech, a digital transformation consulting company based in Chennai, has successfully raised $30 million in funding from A91 Partners, a prominent investment firm headquartered in Mumbai. The investment will support KaarTech’s ambitious plans for organic and inorganic…
Dream11 Clinches INR 358 Cr Lead Sponsorship Deal for Indian Cricket Team, Signals Exciting New Era
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…
Apple Makes History as First Publicly Traded Company to Reach $3 Trillion Market Value
Apple has achieved a groundbreaking milestone by becoming the first publicly traded company to close a trading day with a market value of $3 trillion. The tech giant’s shares experienced a notable increase of approximately 2.31% on Friday, reaching a…