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…
Captain Fresh, a rapidly growing online seafood company, has made an exciting move by appointing Jayant Prakash as its new Vice President of Legal & Compliance. This strategic hire marks a pivotal moment for the company as it prepares for its upcoming Initial Public Offering (IPO), slated for next year. The appointment not only strengthens Captain Fresh’s leadership team but also demonstrates…
In an exciting move for India’s rapidly growing esports ecosystem, NODWIN Gaming has announced the acquisition of AFK Gaming, a leading esports media company. This deal aims to make NODWIN a one-stop powerhouse for all things gaming, offering everything from content creation to marketing and distribution services. But what does this mean for the future of esports in India, and how does it…
Introduction: Zingbus, an innovative platform for intercity bus travel in India, has secured a significant investment of $9 million in its Series A funding round from bp Ventures, the investment arm of the global energy giant BP. This investment will help Zingbus expand its operations and speed up the transition to electric buses, revolutionizing the way India travels between cities.
Founded in…
In the fast-paced world of wealth management, efficiency is key. Mili, an innovative AI-driven platform designed to streamline meeting workflows for wealth management firms, has just raised $2 million in a seed funding round. The round was led by Chiratae Ventures and BoldCap, with support from other investors like Sparrow Capital, SFMG Wealth Advisors, and Gregg Fisher of Quent Capital.
This…
CarDekho SEA, a Singapore-based subsidiary of India’s CarDekho Group, has just secured a massive $60 million in its first round of external funding. This marks a significant milestone for the company, which has already raised a total of over $100 million. The funding, led by prominent investors Navis Capital Partners and Dragon Fund, values CarDekho SEA at an impressive $300 million. With this…
