Nakul Jain Steps Down as CEO of Paytm Payments Services
Big news from the Paytm camp! Nakul Jain, the Managing Director and CEO of Paytm Payments Services Limited (PPSL), has announced his resignation. Jain, who joined the company in April 2022, will step down on March 31, 2025, or earlier if both sides agree. So, what led to his departure, and what does it mean for the future of Paytm…
How Veloce Opportunities Fund is Supporting Small Businesses with Venture Debt & Pre-IPO Funding
Veloce Fintech Launches New Fund with Over ₹140 Crore in Commitments
Veloce Fintech, a part of the Lemon Group, is making waves in the Indian startup and MSME (Micro, Small, and Medium Enterprises) ecosystem with the launch of its Veloce Opportunities Fund. This new fund is already generating…
Building materials giant Infra.Market is gearing up for an IPO after securing $121 million in a pre-IPO funding round. Here’s how the company’s growth story is shaping up and why investors are betting big on its future.
Infra.Market Raises $121 Million in Pre-IPO Funding Round—A Big Step Toward Going Public
Infra.Market, the fast-growing building materials supplier, has raised a significant…
Medusa Beverages, a Delhi-based premium craft beer brand, just raised a whopping Rs 56 crore in Series A funding to fuel its growth. Here’s what you need to know about their bold plans to conquer the Indian beer market.
Medusa Beverages Secures Big Funding to Expand its Craft Beer Empire
Medusa Beverages, the brand making waves in India’s craft beer scene, has raised Rs 56 crore (around $6.6…
The joint venture aims to bring cutting-edge drone technology to agriculture, surveillance, logistics, and more.
Introduction: A Game-Changing Merger in the Drone Industry
In an exciting development for the drone industry, DroneAcharya Aerial Innovations, a publicly traded company on the BSE, has signed a major agreement to merge with AVPL International. This partnership, which will likely form a…
In a surprising twist, India’s ride-hailing giants Ola and Uber are facing a major investigation after reports surfaced that passengers using iPhones might be paying more for the same ride than those using Android phones. The government has taken notice, and the companies are now under the scanner for potentially engaging in unfair trade practices. Here’s the scoop on this latest controversy…
Paytm, the Gurugram-based fintech giant, has made a significant announcement – former IAS officer Bimal Julka will join as a Non-Executive Independent Director starting January 20, 2025. This move aims to strengthen Paytm’s governance and boost its strategy as the company gears up for global expansion. But who is Bimal Julka, and how will his appointment impact Paytm’s future?
In this…
In a major move to strengthen its position in the global edtech market, BrightCHAMPS, the fast-growing education platform, has acquired Edjust, a Mumbai-based K12 education platform. This acquisition, the fourth for BrightCHAMPS, will further enhance its reach and offerings, especially to parents looking for the best educational solutions for their children.
What makes this acquisition even more…
Introduction: A New Era for Personal Health Records
In a groundbreaking move, Samsung has teamed up with Eka Care, a leading healthtech startup, to introduce a game-changing feature called Health Records in the Samsung Health app. This collaboration aims to transform how Indians manage their health data by allowing them to easily access and store their medical records digitally. With this new…
Introduction
Zomato, the popular food delivery service led by Deepinder Goyal, has made a significant move to support its quick-commerce platform, Blinkit, by investing an additional Rs. 500 crore (approximately $60 million). This comes as part of Zomato’s strategy to strengthen Blinkit and expand its offerings, which includes faster deliveries and better customer service. The latest funding…
