Marut Drones, a Hyderabad-based startup, has just secured $6.2 million (approx. Rs 52 crore) in Series A funding from Lok Capital. This fresh capital will be pivotal in driving the company’s ambitious plans to revolutionize agriculture with drone technology. By deploying drone-based agri-intelligence and automation solutions, Marut Drones aims to scale up its operations, empower farmers, and…
In a major strategic move, Veefin Solutions, a listed fintech startup, has made its first overseas acquisition by purchasing a 50% stake in Walnut, a Singapore-based GenAI startup. This all-cash deal marks a significant milestone for Veefin as it expands its global footprint, adding cutting-edge artificial intelligence (AI) capabilities to enhance its offerings for corporate and banking…
In an exciting move for the fashion investment world, Fashion Entrepreneur Fund has appointed Deepak Lamba, a veteran media executive, as its new Chief Executive Officer. Lamba’s appointment comes as the fund seeks to accelerate its mission of empowering fashion entrepreneurs with early-stage investments and mentorship. With his extensive experience in the media industry, Lamba is set to lead…
In today’s rapidly evolving digital age, businesses are finding it essential to harness the immense power of the Internet to remain competitive and thrive. From global corporations to local enterprises, everyone is seeking to stand out in a crowded online marketplace. Enter Mediaforum Digital, a renowned digital marketing company in Nagpur that is in charge of revolutionizing how brands…
Aman Agrawal showcased his commitment to shaping the future of agriculture and made his presence felt at the FAO Headquarters in Rome.
Rome, Italy – (Date)
The World Food Forum (WFF) was held this year from October 14 to 18 at the headquarters of the Food and Agriculture Organization of the United Nations (FAO) in Rome, Italy. This prominent event brought together global experts, passionate…
In a groundbreaking move that could shape the future of robotics, Physical Intelligence, a cutting-edge startup focused on developing foundational software for robots, has secured a massive $400 million in early-stage funding. The round was led by some of the biggest names in technology and venture capital, including Amazon’s Jeff Bezos, OpenAI, and top venture firms Thrive Capital and Lux…
India’s startup ecosystem is experiencing a remarkable surge in funding, with homegrown startups raising $12.2 billion in just the first 10 months of 2024. This impressive figure already exceeds the total funding raised throughout 2023, which was around $11 billion, and there are still two months to go. The momentum continues to build, with October seeing $1 billion raised across 119…
Yubi, formerly known as CredAvenue, is making waves in the financial technology sector, showcasing impressive growth and strategic improvements in its financial performance for the fiscal year 2023-24 (FY24). The company, which operates as a debt platform for enterprises, banks, and fintech firms, has reported a 47.6% growth in its revenue from operations, reaching Rs 484 crore. At the same time…
In the rapidly expanding world of regional OTT platforms, Stage, a Hindi and regional language-focused service, is gearing up to raise a whopping $15 million in its upcoming funding round. Led by Goodwater Capital, with backing from existing investors like Blume Ventures, this round will help Stage ramp up its efforts in capturing the growing market for vernacular content in India.
With a unique…
In a recent controversy surrounding Zomato’s Hyperpure warehouse, Deepinder Goyal, the company’s CEO, addressed the issue of incorrectly labeled mushroom packets. The problem, which initially drew attention from the Telangana Commissioner of Food Safety, revolved around a small batch of mushroom packets with a future packaging date. Despite the uproar, Goyal defended the company, calling it a…
