BusinessNewsStartupSuccess Story

How a 26-Year-Old Dental Student Turned $25 into a Lucrative Side Hustle Earning Up to $500 a Day

At just 26 years old, Emely Cepeda, a dental student from Boston, has transformed a modest $25 investment into a profitable side hustle through Taskrabbit. Despite juggling her full-time studies, Cepeda manages to earn an average of $576 a month by offering various services like cleaning, organizing, and cooking. Cepeda began her Taskrabbit journey in August 2022, driven by the high cost of living…
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Femtech Startup Laiqa Wellness Secures Rs 15 Crore in Seed Funding Round

Femtech startup Laiqa Wellness has successfully raised Rs 15 crore in a seed funding round led by IvyCap Ventures. This funding underscores the company’s commitment to revolutionizing women’s health through innovative solutions. Funding Overview Founded in August of last year, Laiqa Wellness has garnered significant support from IvyCap Ventures, a testament to their mission of enhancing…
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Shark Tank India-Featured Healthtech Startup Sunfox Raises Rs 15 Crore in Pre-Series A Funding

Sunfox Technologies, a healthtech startup featured on Shark Tank India, has successfully raised Rs 15 crore (approximately $1.78 million) in its pre-Series A funding round. The investment round was led by Venture Catalysts, with notable contributions from Finvolve through the IA Growth Opportunities Fund I, Brew Opportunities Fund, Universal Group, and RP Singhvi Group. Funding Background Sunfox…
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Edtech Startup ODA Class Secures $500,000 in Series B Funding to Expand AI-Driven Education

ODA Class, an innovative edtech startup, has successfully raised $500,000 in a Series B funding round. The investment was led by prominent investors including Skywalker Education Technology Co. Ltd. from Singapore, Daituzi Education Technology Corporation Limited, and Matrix Partners China. This latest funding round brings ODA Class’ total capital raised to $12.75 million. Funding Details and…
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BusinessNews

Rupee Edges Up 7 Paise to 83.82 Against US Dollar Amid Positive Market Sentiments

The Indian rupee strengthened by 7 paise to 83.82 against the US dollar in early trade on Friday. The local currency opened at 83.83 on the interbank foreign exchange market but gained ground to touch 83.82, marking a notable rise from its previous close. Market Dynamics and Influences On Thursday, the rupee appreciated by 8 paise to close at 83.89 against the American currency. The rise in the…
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NPCI Unveils UPI Interoperable Cash Deposit Feature for ATMs

The National Payments Corporation of India (NPCI) has launched a groundbreaking feature allowing customers to deposit cash at ATMs using the Unified Payments Interface (UPI), marking a significant advancement in banking convenience. The UPI Interoperable Cash Deposit (UPI-ICD) facility was unveiled by Reserve Bank of India’s Deputy Governor T. Rabi Sankar at the Global Fintech Fest (GFF) 2024 on…
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Trent to Open First Zudio Store in Dubai Next Month

Trent, the retail arm of the Tata Group helmed by Noel Tata, is preparing to unveil its value fashion brand Zudio in Dubai next month. This expansion marks Zudio’s first venture into the international market and highlights Trent’s strategic move to capitalize on the significant Indian diaspora residing in the UAE. The inaugural Zudio store will be located in the bustling Silicon Oasis Mall, a…
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Gautam Adani Ousts Mukesh Ambani as India’s Richest, Shah Rukh Khan Makes Debut on Hurun Rich List 2024

In a dramatic shift on the Hurun India Rich List for 2024, Gautam Adani has surpassed Mukesh Ambani to reclaim the title of the wealthiest Indian. The list, which highlights the richest individuals in India, reveals a significant change in the rankings and showcases a surge in overall wealth. According to the latest Hurun India Rich List, Adani Group Chairman Gautam Adani now tops the list with a…
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Ola Electric Expands Sales Reach: Any Shop Can Now Sell Ola Scooters, CEO Announces

Ola Electric CEO Bhavish Aggarwal has unveiled a significant shift in the company’s sales strategy, revealing that Ola Electric products will now be available through any retail shop across India. This announcement follows the company’s recent integration into the Open Network for Digital Commerce (ONDC) network, which Aggarwal has hailed as the “future of commerce.” In a move aimed at…
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Aviva Under Scrutiny for Alleged $26 Million Breach of Indian Commission Caps Through Fake Invoices and Cash Payments

British insurer Aviva is under investigation by Indian tax authorities for allegedly breaching local commission regulations through a system of fake invoices and covert cash payments. The Directorate General of GST Intelligence has accused Aviva of orchestrating a scheme to bypass commission caps by channeling about $26 million to fictitious vendors between 2017 and 2023. According to a notice…
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