Fitsol Secures $1 Million to Tackle Carbon Emissions in Manufacturing Industry
The manufacturing industry is one of the biggest contributors to global carbon emissions, particularly in hard-to-mitigate areas. Fitsol, an emerging climate tech startup, has just raised $1 million in a seed funding round from Transition VC to ramp up its AI-powered platform designed to help manufacturers cut their…
What is SustVest and How Is It Changing the Way We Invest in Renewable Energy?
In a world that’s becoming more conscious of climate change and sustainability, SustVest is making waves with its innovative approach to renewable energy investments. The sustainable investment platform has just raised $1.7 million in a pre-Series A funding round, with top investors like Inflection Point Ventures and…
InCred Finance, the consumer and MSME lending arm of InCred Group, has just announced the appointment of Gaurav Maheshwari as its new Chief Financial Officer (CFO), starting December 16, 2024. This strategic hire comes at a key moment for the company, which is gearing up for a major Initial Public Offering (IPO) as part of its plan to expand further and solidify its position in the financial…
Skydo, a Bengaluru-based platform simplifying international payments, has just received Amazon’s Payment Service Provider (PSP) approval. This makes Skydo one of the first homegrown solutions to help Indian exporters receive payments quickly, securely, and cost-effectively when selling on Amazon’s global marketplaces.
With this major step, Skydo aims to empower lakhs of Indian exporters to…
Zoomcar, India’s leading car-sharing platform, has officially launched a new service called Zoomcar Cabs in Bengaluru. This new venture offers chauffeur-driven rides alongside their existing self-drive car rentals, signaling a major shift in the company’s growth strategy. By diversifying its services, Zoomcar is not just expanding its footprint, but also enhancing the way customers experience…
Zetwerk, the innovative manufacturing platform, has raised a massive $90 million in a new funding round, bringing its valuation to $3.1 billion. The investment round, led by prominent investors Rakesh Gangwal and Khosla Ventures, highlights the company’s rapid growth and its strategic push to expand globally. This new round marks an exciting milestone for Zetwerk, which was valued at $2.7…
In a bold move, PhysicsWallah, one of India’s leading edtech platforms, has officially become a public company. The company’s board recently approved the transition from PhysicsWallah Private Limited to PhysicsWallah Limited, signaling the start of its preparations for a much-anticipated Initial Public Offering (IPO) set for 2025.
This change marks a new chapter in the growth of the edtech…
In a significant move, Amazon has fully exited its investment in Shoppers Stop, one of India’s most well-known retail chains. The global e-commerce giant has sold its 4% stake in the company for approximately Rs 276 crore, marking the end of a five-year-long partnership. This move highlights the changing dynamics of India’s retail market and raises questions about Amazon’s future strategies…
In a move set to transform the upskilling landscape for young Indians, Glance, the AI-powered smart lock screen platform, has partnered with upGrad, one of India’s leading edtech unicorns. Together, they aim to provide free, job-ready skills training to millions of young people across the country, with a special focus on those aged 20-24 years.
The partnership brings upGrad’s Intern-Zip…
In an exciting development for the tech and business world, MBG Card, a Jabalpur-based SaaS startup, has secured Rs 2.72 crore in funding. This investment, led by Inflection Point Ventures (IPV), is set to fuel the company’s mission of helping small and medium-sized enterprises (SMEs) embrace digital transformation. The funding round also saw participation from Velocity and Klub, signaling…
