Actress Samantha Prabhu is diving into the wellness world by joining Secret Alchemist, a direct-to-consumer (D2C) startup focused on aromatherapy. Founded in 2021 by Ankita Thadani and Akash Valia, the brand specializes in essential oils and holistic well-being products.
Though the exact financial details of Samantha’s investment weren’t disclosed, the company recently secured $500,000 in a…
Mumbai-based digital media company Rediff.com has appointed Vishal Mehta as its new Chairman and Managing Director (CMD). This significant move comes after fintech giant Infibeam Avenues completed its acquisition of Rediff, marking a pivotal moment in the company’s journey.
A Strategic Shift
Vishal Mehta steps into the role previously held by Ajit Balakrishnan, who founded Rediff.com in 1996.
Cricket legend Sachin Tendulkar has joined forces with Sugar.fit, a healthtech startup dedicated to managing and reversing Type 2 and pre-diabetes. As both a brand ambassador and strategic investor, Tendulkar’s involvement aims to amplify Sugar.fit’s mission to transform diabetes care in India.
A Match Made in Health
This partnership aligns perfectly with Tendulkar’s commitment to fitness…
In an exciting development for the wellness industry, versatile actress Samantha Prabhu has taken on a pivotal role as co-founder of Secret Alchemist, a holistic aromatherapy-based wellness brand. This innovative startup has recently secured $500,000 in seed funding through a round led by Inflection Point Ventures (IPV), a well-known angel investment firm based in Gurugram. The investment is aimed…
In a remarkable step towards fostering entrepreneurship among the youth, Punjab’s Education Department has launched the “Business Blaster Young Entrepreneur” scheme, selecting 52,050 Class 12 students from 1,920 schools across the state. This initiative, which began in 2022, aims to cultivate entrepreneurial skills and offer students hands-on experience in business development.
Each of the…
Poolside, the innovative AI-powered coding platform, has just raised a staggering $500 million in a Series B funding round, bringing its total capital to an impressive $626 million and elevating its valuation to $3 billion. Led by Bain Capital Ventures, this funding round also saw contributions from tech giants like eBay through eBay Ventures and Nvidia, marking a significant milestone for the…
In a surprising twist in the venture capital landscape, Peak XV Partners has decided to trim its ambitious $2.85 billion fund by $465 million, a move that highlights their commitment to investing more thoughtfully. This decision comes as the public market in India is buzzing, impacting private market valuations and prompting the firm to return uninvested capital to its limited partners (LPs).
As…
Poolside, the innovative AI-driven software development platform, has just scored a remarkable $500 million in its latest funding round, bringing its total capital raised to a staggering $626 million and its valuation to an impressive $3 billion! This Series B round was led by Bain Capital Ventures, with big names like eBay and Nvidia joining in, showcasing the excitement around AI in the coding…
In a remarkable display of growth, Groww Invest-Tech Private Limited, the stockbroking arm of the fintech giant Groww, reported a staggering Rs 2,900 crore in revenue for FY24, a 2.4X increase from the previous year. Even more impressive is the company’s profit surge, which skyrocketed to Rs 298 crore—more than four times what it earned in FY23. This news underscores not just the success of…
Bengaluru-based Groww, now the largest stock broking firm in India by active investors, has just reported an impressive financial performance for the fiscal year ending March 2024. The company’s revenue more than doubled to ₹2,900 crore, up from ₹1,295 crore in the previous year. Its net profit also saw a significant leap, soaring to ₹298 crore from just ₹73 crore in FY23.
This growth…
