Wipro Ltd announced on August 30 that Srikumar Rao will take over as the global head of its Engineering Edge business line, starting October 5, 2024. Rao succeeds Harmeet Chauhan, who is leaving to explore new opportunities. Rao, who has been with Wipro for 26 years, previously served as the Chief Operating Officer (COO) of Wipro Engineering Edge (WEE) and the Global Practice Head of Embedded…
Bazaar Style Retail, a prominent value fashion retailer backed by Rekha Jhunjhunwala, has launched its initial public offering (IPO) today, August 30, 2024. The company is seeking to raise up to Rs 835 crore through this public offering, marking a significant milestone in its growth journey. With a price band set between Rs 370 and Rs 389 per share, the IPO is poised to attract substantial…
At just 26 years old, Emely Cepeda, a dental student from Boston, has transformed a modest $25 investment into a profitable side hustle through Taskrabbit. Despite juggling her full-time studies, Cepeda manages to earn an average of $576 a month by offering various services like cleaning, organizing, and cooking.
Cepeda began her Taskrabbit journey in August 2022, driven by the high cost of living…
BrowserStack, a leading software testing platform, has announced its acquisition of Berlin-based bug reporting startup Bird Eats Bug for $20 million. This strategic purchase, which is BrowserStack’s fifth significant acquisition, aims to bolster its offerings in the software testing domain.
Details of the Acquisition
The acquisition involves an upfront cash payment, stock, and additional…
Femtech startup Laiqa Wellness has successfully raised Rs 15 crore in a seed funding round led by IvyCap Ventures. This funding underscores the company’s commitment to revolutionizing women’s health through innovative solutions.
Funding Overview
Founded in August of last year, Laiqa Wellness has garnered significant support from IvyCap Ventures, a testament to their mission of enhancing…
Sunfox Technologies, a healthtech startup featured on Shark Tank India, has successfully raised Rs 15 crore (approximately $1.78 million) in its pre-Series A funding round. The investment round was led by Venture Catalysts, with notable contributions from Finvolve through the IA Growth Opportunities Fund I, Brew Opportunities Fund, Universal Group, and RP Singhvi Group.
Funding Background
Sunfox…
ODA Class, an innovative edtech startup, has successfully raised $500,000 in a Series B funding round. The investment was led by prominent investors including Skywalker Education Technology Co. Ltd. from Singapore, Daituzi Education Technology Corporation Limited, and Matrix Partners China. This latest funding round brings ODA Class’ total capital raised to $12.75 million.
Funding Details and…
In the fast-paced world of entrepreneurship, few stories capture the spirit of innovation and risk-taking like that of Aadit Palicha. At just 22 years old, Palicha has made a remarkable entry into the Hurun India Rich List 2024 as the second youngest individual featured, with an impressive net worth of Rs 4,300 crore. His journey from a Stanford dropout to the co-founder of a unicorn startup is…
The Indian rupee strengthened by 7 paise to 83.82 against the US dollar in early trade on Friday. The local currency opened at 83.83 on the interbank foreign exchange market but gained ground to touch 83.82, marking a notable rise from its previous close.
Market Dynamics and Influences
On Thursday, the rupee appreciated by 8 paise to close at 83.89 against the American currency. The rise in the…
The National Payments Corporation of India (NPCI) has launched a groundbreaking feature allowing customers to deposit cash at ATMs using the Unified Payments Interface (UPI), marking a significant advancement in banking convenience. The UPI Interoperable Cash Deposit (UPI-ICD) facility was unveiled by Reserve Bank of India’s Deputy Governor T. Rabi Sankar at the Global Fintech Fest (GFF) 2024 on…
