CarDekho SEA, a Singapore-based subsidiary of India’s CarDekho Group, has just secured a massive $60 million in its first round of external funding. This marks a significant milestone for the company, which has already raised a total of over $100 million. The funding, led by prominent investors Navis Capital Partners and Dragon Fund, values CarDekho SEA at an impressive $300 million. With this…
Fibroheal Woundcare, an innovative startup that is pioneering the use of Silk proteins for wound care, has successfully raised Rs 6.3 crore in a pre-Series A funding round. This significant investment is expected to accelerate the company’s growth and bring cutting-edge wound management solutions to more hospitals and patients across India. Fibroheal’s unique approach to wound care, using…
The USA women’s squash team secured an impressive victory over Malaysia in the semifinals of the 2024 WSF World Squash Team Championships, earning a spot in the final for the second consecutive year. The standout performances by Amanda Sobhy and Olivia Weaver in their respective matches were key in helping Team USA advance to the championship round.
The thrilling semifinal clash at the World…
Oyo’s Valuation Soars to $4.6 Billion After Nuvama Wealth Buys Rs 100 Crore Stake
In a significant development for India’s leading hospitality giant, Oyo, the company’s valuation has reached an impressive $4.6 billion following a major investment. Nuvama Wealth and Investment Limited has acquired a stake worth Rs 100 crore in Oravel Stays Ltd (the parent company of Oyo) at Rs 53 per share in…
Infosys Invests in 4baseCare to Transform Cancer Care with Advanced Genomics
In a significant move that underscores its growing interest in healthcare innovation, Infosys has announced its investment in 4baseCare, a healthtech startup focusing on oncology (cancer care) powered by advanced genomics. Through its Infosys Innovation Fund, the tech giant will acquire Series A compulsory convertible…
Arceyut Productiones has redefined the entertainment landscape in Central America, blending sustainability, innovation, and social responsibility into its core mission. Based in Costa Rica, the company was founded more than 15 years ago by Ernesto Arceyut and has since evolved from a modest event production business into a leading force in the region’s entertainment industry. Now operating…
Inkers Technology Secures $3 Million in Series A Funding to Transform the Construction Industry with AI
In a major development for the construction tech space, Inkers Technology, a startup specializing in AI-powered solutions for the construction industry, has successfully raised $3 million in its Series A funding round. The investment was led by the prominent investor Ashish Kacholia’s Lucky…
Krishna Mehra’s Big Move: From Meta to Elevation Capital to Boost SaaS and AI Startups
In a major shake-up in India’s tech and venture capital scene, Krishna Mehra, a former Meta executive, has joined Elevation Capital as a Partner. Mehra will be taking the lead in guiding the firm’s investments in SaaS (Software as a Service) and AI (Artificial Intelligence) startups. Based out of Silicon…
Introduction: BookMyShow Bounces Back Stronger Than Ever
BookMyShow, India’s leading online ticketing platform for movies and live events, has seen impressive growth in the fiscal year ending March 2024. After a challenging pandemic period, the company has bounced back with a solid 27% increase in profits and a huge rise in revenue. The numbers reveal that BookMyShow’s strategy to diversify…
Introduction: T-Hub’s Bold Move to Connect Israel and India’s Startup Ecosystems
T-Hub, one of India’s leading startup incubators, has launched an exciting new initiative aimed at boosting collaboration between Israeli and Indian startups. The programme, called DRISHTI (Dual-use Robust India-Israel High-Tech Innovation), is specifically designed to give Israeli innovators a gateway into…
