Titan Capital Winners Fund, led by Snapdeal co-founders Kunal Bahl and Rohit Bansal, has successfully raised its target corpus of INR 200 crore. The fund’s primary focus will be on investing in follow-on rounds for standout companies from its seed-stage portfolio, using high-signal data to guide investment decisions.
Bahl and Bansal, as the largest investors, emphasize their commitment to…
Nazara Technologies Limited, a prominent Indian gaming company, is advancing its international expansion strategy with two major announcements this month. On August 21, 2024, the company revealed plans to invest up to £21.2 million (about ₹229.4 crore) in its UK subsidiary to fund the acquisition of Fusebox Games Ltd.
The investment will be split into a share subscription of £4,236,246…
Melissa Tavss, founder and CEO of Tipsy Scoop, transformed a fun side project into a multimillion-dollar enterprise. After feeling burnt out from her corporate job in marketing and PR, Tavss decided to pursue a new path by reviving a family tradition of ice cream-making.
Tavss, who had been working in the wine and spirits industry, began developing recipes for boozy ice cream while attending…
Building a successful startup requires more than just a brilliant idea; it hinges on assembling a strong, dynamic team that can bring your vision to life. The right team can transform a fledgling concept into a thriving business, while the wrong team can lead to early failure. Here’s a step-by-step guide on how to create a winning startup team, along with essential tips and tricks to ensure your…
PhonePe Unveils ‘Credit Line on UPI’ Feature, Enabling Short-Term Credit for Merchant Transactions
PhonePe, a leading digital payments platform, has launched a groundbreaking feature called ‘Credit Line on UPI,’ expanding the capabilities of the Unified Payments Interface (UPI) to include short-term credit options for both consumers and merchants. This innovation follows the Reserve Bank…
PhysicsWallah Unveils ‘School of Startups’ and $5 Million Fund to Support Over 100 New Ventures
Edtech unicorn PhysicsWallah, known for revolutionizing education through innovative learning solutions, has announced the launch of its ‘PW School of Startups’ (PW SOS) along with a $5 million fund aimed at supporting over 100 startups. This new initiative is designed to provide a comprehensive…
Gautam Adani to Revamp Family Offices with New Leadership and Global Auditors
Billionaire Gautam Adani is set to implement significant changes to his family offices, including the appointment of auditors from a top global accounting firm and the hiring of a chief executive officer. This strategic overhaul is aimed at enhancing transparency and financial disclosure, aligning his family offices with…
Orient Technologies IPO Day 1: GMP, Subscription Status, Review, and Investment Outlook
The highly anticipated IPO of Orient Technologies Ltd, a Mumbai-based IT solutions provider, has officially opened for public subscription today, August 21, and will continue until August 23. This initial public offering (IPO) presents a promising opportunity for investors, with the company setting a price band…
In a narrative that defies conventional business wisdom, the success story of Patel, an Indian immigrant in the United States, challenges widely-held assumptions about the restaurant industry. Renowned entrepreneur and PayPal co-founder Peter Thiel has famously criticized the restaurant sector for its high competition, slow growth, and low wages. Despite these warnings, Patel’s journey from a…
The insolvency crisis facing Indian ed-tech giant Byju’s has triggered widespread concern among its workforce, marking a potential upheaval in the country’s startup sector. Once valued at $22 billion and hailed as a leading figure in online education during the COVID-19 pandemic, Byju’s is now embroiled in a major financial dispute with U.S. lenders demanding $1 billion in unpaid…
