Shares of IdeaForge Technology Ltd. hit the 10% upper circuit today, riding high on a powerful rally sweeping through India’s defence and aerospace sector. The surge comes amid renewed investor interest in domestic defence manufacturing and a wave of positive sentiment around strategic government initiatives.
Investors are now asking: Is this just the beginning for IdeaForge and other defence…
Elevation Capital, the venture capital powerhouse formerly known as SAIF Partners, has struck gold once again. In its fourth partial exit from online travel giant ixigo, the firm just pocketed a whopping ₹97.4 crore — and that’s not even the whole story.
With this latest sale, Elevation has reportedly earned an eye-watering 25x return on investment, proving once again why it’s considered…
Amazon India is going big in 2025 — really big. The e-commerce giant just announced a massive Rs 2,000 crore (~$233 million) investment to supercharge its logistics and delivery infrastructure across the country. Why? Because fast is no longer fast enough.
In a bold move to outpace rising competition and meet India’s growing demand for ultra-fast deliveries, Amazon is throwing down one of its…
Insurance broking startup RenewBuy has successfully raised $10 million (approximately Rs 86 crore) in fresh funding from its existing investors Apis Partners and 360 One. The Gurgaon-based startup plans to use this capital boost to drive business growth while it navigates a pending merger with its chief rival, InsuranceDekho.
Why This Funding Matters
According to The Economic Times, this latest…
A globally recognized and future-focused institution with international reach, Swiss International University (SIU) has been awarded official accreditation by TAG-EDUQA. SIU is among a select group of universities that achieve the high academic quality demanded by the Arab Organization for Quality Assurance in Education (AROQA); this is a highly prestigious recognition. The accreditation…
Something’s up at DroneAcharya, and investors are starting to take notice.
The rising drone-tech startup has now delayed the release of its H2 FY25 financials for the third time, pushing the scheduled announcement from May 27 all the way to July 11. That’s a six-week delay, with no concrete guarantees that July won’t face the same fate.
And the reason? Internal resource constraints and audit…
India’s logistics giant Delhivery is shaking things up again — and this time, it’s right inside your city.
The company has officially launched Delhivery Direct, an on-demand intracity shipping service that promises pickups in as little as 15 minutes. After a successful pilot in Ahmedabad, the service is now live in Delhi-NCR and Bengaluru — two of the country’s most demanding and…
In a move set to reshape India’s AI landscape, Krutrim, the artificial intelligence startup founded by Ola CEO Bhavish Aggarwal, has acquired BharatSah’AI’yak — a public sector-focused AI platform previously operated by technology consultancy Samagra.
While financial details remain under wraps, the acquisition is anything but quiet. It signals Krutrim’s aggressive push into…
MagicFleet, the logistics arm of hyperlocal commerce platform Magicpin, has hit a significant milestone, crossing over one million deliveries per month less than a year after its launch in September 2024. With ambitious growth plans, the company aims to double this volume to two million monthly deliveries by the end of fiscal year 2026.
From Launch to Milestone: MagicFleet’s Rapid…
Zerodha Co-Founder Nikhil Kamath Invests in One Hand Clap, Backing Ex-AIB Founders’ Creative Venture
Nikhil Kamath, co-founder of Zerodha and one of India’s most influential startup investors, has made a strategic move by investing in One Hand Clap, a creative agency founded by Aakash Shah and Naveed Manakkodan. Both founders bring their creative flair from the famed, now-defunct comedy collective All India Bakchod (AIB).
Who Are One Hand Clap’s Founders?
Aakash Shah and Naveed Manakkodan…
