India’s e-commerce sales are projected to reach between ₹1 lakh crore and ₹1.2 lakh crore in gross merchandise value (GMV) this festive season, driven by strong pent-up demand and a trend towards premiumization, according to a report from Redseer Strategy Consultants. This represents a 20% year-on-year growth for the sector.
Key categories like mobiles, electronics, and fashion are poised…
Adda247, the Google-backed edtech startup, has announced its latest acquisition of PrepInsta, a platform dedicated to placement preparation. This move marks Adda247’s fourth acquisition in recent years, as it aims to position itself as a comprehensive provider of job-focused education and skilling programs for both public and private sector opportunities.
A Growing Edtech Ecosystem
With this…
Startups are vital to innovation and economic growth, yet nearly 90% of Indian startups fail within the first five years. While various factors contribute to this high failure rate, one critical element stands out: ineffective communication and branding.
Why Do Startups Fail?
Lack of Clear Branding: In a competitive landscape, a vague brand identity can lead to obscurity.
Ineffective PR…
In a groundbreaking initiative, Titan Capital, India’s premier seed-stage venture capital firm founded by Kunal Bahl and Rohit Bansal, has introduced “Indicorns”—an innovative index highlighting the most profitable startups in the country. This new classification moves beyond the traditional unicorn focus on valuation to emphasize sustainable profitability and long-term business…
IntroductionThinKuvate, a Singapore-based angel investment platform, has announced the successful first close of its India Fund at Rs 25 crore, part of a larger target of Rs 100 crore. This milestone was reached just four months after the fund’s formal launch, signaling strong investor interest and confidence in India’s startup ecosystem.
Investment FocusThe ThinKuvate India Fund aims to…
L&T Semiconductor Technologies, a fabless chip company, is set to begin manufacturing its own semiconductor products by 2026, according to CEO Sandeep Kumar. The company is currently in the process of building teams to manage the design of 15 different semiconductor products and is already halfway through this initiative. Kumar stated that full capacity for product design will be reached within…
Sima Sistani, the former CEO of WW International Inc. (commonly known as WeightWatchers), has been dismissed from her role, but her exit package includes a noteworthy perk: up to $37,500 for executive coaching services through the end of the year. This provision is becoming increasingly common as companies navigate leadership transitions and aim to support departing executives.
Understanding…
BharatPe has officially settled its long-standing dispute with former co-founder and managing director Ashneer Grover. In a statement, the fintech company announced that both parties have reached a definitive agreement, which stipulates that Grover will no longer be associated with BharatPe in any capacity and will not hold any shares in the company.
As part of the settlement, certain shares owned…
Amazon employees are expressing frustration and disillusionment following CEO Andy Jassy’s recent announcement mandating a return to the office five days a week. Many workers are now actively seeking new job opportunities, claiming they feel betrayed by the company’s abrupt policy changes.
The Shock of the Return-to-Office Mandate
Laura, an Amazon employee who has been with the company for…
HDFC Bank Ltd. has recently sold a housing loan portfolio valued at approximately 60 billion rupees ($717 million) as part of its strategy to alleviate its credit load amidst increasing regulatory scrutiny in the banking sector. The transaction involved private deals with about six state-controlled banks, according to sources familiar with the situation who requested anonymity due to the…
