ITC in Talks to Acquire Majority Stake in Orkla’s Indian Businesses for $1.4 Billion
Summary: ITC Ltd is in talks with Norway’s Orkla ASA to acquire a majority stake in its Indian subsidiaries, MTR Foods and Eastern Condiments, for […]
Funding News
Chatbots Surge in Popularity as AI Integration Fuels Market Growth
Summary: The chatbot industry is witnessing significant growth, driven by AI advancements. A Technavio report projects a $9.6 billion increase in the global chatbot market […]
Budget 2025: Key Highlights and Important Announcements
Summary of Budget 2025 Announcements: Finance Minister Nirmala Sitharaman presented the Union Budget 2025, emphasizing economic growth and inclusive development. The government envisions a ‘Viksit […]
Snabbit Raises $5.5 Million in Series A Funding to Expand On-Demand Home Services
Summary: Snabbit, a Mumbai-based app providing on-demand home services like cleaning and laundry, has secured $5.5 million in Series A funding led by Elevation Capital, […]
BlueMedix has raised $5 million in a pre-series funding round led by a Dubai-based family fund
Summary: BlueMedix, a leading retail pharmacy chain in Eastern India, has raised $5 million in a pre-series funding round led by a Dubai-based family fund. […]
Sarla Aviation Secures $10 Million to Transform Urban Transportation with Electric Air Taxis
Sarla Aviation Secures $10 Million to Revolutionize Urban Air Mobility Bengaluru, January 16, 2025 — Sarla Aviation, an innovative aerospace startup named in tribute to […]
Zomato Raises ₹8,500 Crore in QIP to Support Expansion Plans
Zomato, the popular food delivery platform, has successfully raised ₹8,500 crore through a Qualified Institutional Placement (QIP) of equity shares. The offer, which opened on […]
Hyderabad-Based Water-Tech Startup Althion Secures ₹3.6 Crore in Pre-Series A Funding
Althion, a water-tech startup based in Hyderabad, has raised ₹3.6 crore in its pre-Series A funding round. The round was primarily led by BioAngels, powered […]
In a bid to enhance the startup ecosystem and promote innovation in India, Finance Minister Nirmala Sitharaman announced the removal of the angel tax.
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. […]
A major global outage of Microsoft services on Friday disrupted banks, airlines, and media broadcasters, despite Microsoft’s efforts to resolve the issue
A major global outage of Microsoft services on Friday disrupted banks, airlines, and media broadcasters, despite Microsoft’s efforts to resolve the issue. The exact cause […]