In a bold move to tap into India’s growing IT hardware manufacturing sector, Dixon Technologies, a leading homegrown electronics manufacturer, has announced the launch of a wholly-owned subsidiary called Dixon Teletech. This new venture will focus on manufacturing and dealing in IT hardware components, products, and equipment. The announcement comes as India is rapidly becoming a hub for…
When it comes to managing money, one lesson stands out, and it’s coming straight from one of India’s most successful entrepreneurs—Anupam Mittal, the founder of Shaadi.com and a prominent judge on Shark Tank India. In a recent conversation with 1% Club, Mittal shared a powerful and unexpected insight into how money works, and why even the wealthiest people need to be cautious about managing…
Hala Mobility, an electric vehicle (EV)-as-a-service startup based in Hyderabad, has successfully raised Rs 51 crore in its pre-Series A funding round. The funding round, which includes a mix of debt and equity, was led by the startup’s founders—Srikanth Reddy, Snehith Reddy, and Anand Pareek—as well as Phani Ramineni, the founder of Previa Health. Other investors included the Rohan Bajaj…
Viraa Care, a healthtech startup dedicated to improving infant nutrition and pediatric feeding, has successfully raised $108,000 in its pre-seed funding round. This new round of investment adds to the $100,000 the company secured earlier in 2024, bringing the total amount raised so far to $208,000. The recent funding includes an infusion of foreign direct investment from a European angel investor…
In a major development for India’s growing health-tech sector, QubeHealth, a Mumbai-based healthcare payments startup, has raised funding from two prominent investors: Unicorn India Ventures and CanBank Venture Capital Fund. The undisclosed investment comes as part of QubeHealth’s pre-Series-A funding round, marking a significant milestone in the company’s growth trajectory.
What makes…
Hyderabad, India (October 22, 2024) – In line with the recommendations of the NEP-2020 CISCE has taken various initiatives to infuse competency-based education of global standards in its affiliated schools. The Council for the Indian School Certificate Examinations (CISCE) is collaborating with the Education and Skills Directorate of the Organisation for Economic Co-operation and…
Born in 2003, Gurvit Tangri seemed to be just another teenager until life presented him with challenges that would define his future. At 16, his family fell on hard times, and Gurvit stepped up to contribute financially. He took a job as a security guard, earning a modest ₹7,000 per month—a tough reality for someone his age.
However, what made Gurvit different was his refusal to accept this as…
Major Expansion Plans Announced
Hindustan Zinc, part of the Vedanta Group, has exciting news for the mining industry! The company plans to invest up to $2 billion (around ₹17,000 crore) to double its production capacity to 2 million tonnes in the coming years. CEO Arun Misra shared these ambitious plans, highlighting the company’s commitment to expanding its operations.
A Strategic Approach to…
A Booming Ecosystem
In an impressive display of growth, 21 Indian startups raised a whopping $187 million this week, highlighting the vibrant pulse of the Indian startup ecosystem. This funding spree includes four growth-stage and 13 early-stage deals, showcasing a mix of emerging and established companies eager to scale up their operations.
Notable Funding Highlights
Among the standout stories…
Europe’s tech landscape is buzzing with excitement over a new initiative that could change the game for startups across the continent. A grassroots movement called “EU Inc” is pushing for the establishment of a new corporate status for innovative companies, similar to the widely recognized Delaware C-Corp in the U.S. But will this ambitious plan overcome the hurdles ahead?
What is EU…
