Rebel Foods, the Mumbai-based cloud kitchen startup behind brands like Faasos, Oven Story, and Behrouz Biryani, is negotiating a $120 million funding round led by Singapore’s Temasek. This new round, if completed, will mark another significant investment in the Indian startup ecosystem, echoing the large funding rounds seen recently by startups like Zepto and Meesho.
The funding is being sought…
Meta-owned WhatsApp is taking video calling to the next level with augmented reality (AR) effects and filters, currently being tested for iPhone users. According to update tracker WABetainfo, these new AR features have been introduced in the iOS 24.17.10.74 update available on TestFlight.
The AR capabilities aim to enhance video calling with a variety of new tools. Users will soon be able to apply…
PhysicsWallah Launches ‘School of Startups’ with Rs 100 Crore Fund to Empower Emerging Entrepreneurs
In a groundbreaking move aimed at bridging the gap between traditional education and the burgeoning startup ecosystem, edtech giant PhysicsWallah (PW) has introduced the ‘PW School of Startups’ (SOS) under its PW Foundation. This new initiative comes with a substantial financial commitment, featuring a fund of Rs 100 crore ($11.9 million) to support more than 100 startups over the next five…
Bharat Heavy Electricals Ltd (BHEL) has announced that it has been awarded a ₹11,000 crore contract from Adani Power and its subsidiary, Mahan Energen Ltd (MEL). The contract involves setting up three supercritical thermal power projects, each with a capacity of 2×800 MW. The projects will be located in Kawai, Rajasthan, and Mahan, Madhya Pradesh.
BHEL’s role includes supplying equipment and…
Earlier this month, tech executives from Google DeepMind, Microsoft, and Meta Platforms converged in Bangalore to witness a major development from one of India’s leading AI startups. Sarvam AI, often compared to India’s version of OpenAI, unveiled a groundbreaking product that could revolutionize the use of AI in the country. Their new software enables businesses to interact with customers…
Fintech lending startup Axio has successfully raised $20 million in its latest equity funding round, led by Amazon Smbhav Venture Fund. The funding will be directed towards scaling operations, expanding use cases for checkout finance, and broadening its range of credit products to serve customers throughout their financial journeys.
This investment comes amid a surge in equity deals within the…
In the world of online customer service, the process can often become repetitive and monotonous. However, chatbots offer a dynamic solution that never gets tired of answering the same questions, making them an increasingly popular choice for businesses.
Chatbots are efficient, cost-effective, and enhance customer service by handling tasks 24/7. In this article, we’ll delve into how you can…
Opkey, an AI-driven platform specializing in continuous test automation for enterprise systems, has successfully raised $47 million in its Series B funding round. The investment round, led by PeakSpan Capital and supported by existing investors, brings Opkey’s total funding to $57 million, following an $8 million Series A round in August 2022, according to CrunchBase.
With the new funds, Opkey…
In a recent discussion with NDTV Profit, Anupam Mittal, Shark Tank India judge and founder of Shaadi.com, coined the term “great Indian tech ghar wapsi” to describe the notable trend of startups relocating back to India. Mittal highlighted this shift as a reflection of the burgeoning confidence and opportunities within India’s domestic markets.
Mittal elaborated that the return of startups…
Shares of Mamaearth’s parent company, Honasa Consumer Ltd, experienced a notable increase of 4.47% on Monday, reaching a high of Rs 403.55. This uptick in stock value follows the announcement that The Derma Co, a prominent skincare brand under Honasa, has achieved an impressive annual revenue rate (ARR) of Rs 500 crore.
The Derma Co’s ARR represents a significant growth from the Rs 350 crore…
