Finland is emerging as an attractive destination for Indian entrepreneurs looking to establish or relocate their tech startups. Ranked 14th on the Global Startup Ecosystem Index 2024 and 6th globally for innovation (Global Innovation Index – GII 2023), Finland offers a robust environment for technological innovation and business growth.
To support this ambition, Finland provides various…
Shares of Zomato Ltd., the prominent food delivery aggregator, surged by 19% to ₹278.7 after analysts revised their price targets following the company’s strong June quarter results.
Brokerage firm CLSA led the charge, maintaining a “buy” recommendation and raising its price target from ₹248 to ₹350, the highest on the street. CLSA also increased its earnings forecasts by 6% to 36% for…
Women entrepreneurs have been pivotal in America’s economic recovery from the Covid-19 pandemic. For three consecutive years, women have started about half of all new businesses, according to a 2023 report by the U.S. Senate Committee on Small Business and Entrepreneurship.
This momentum among women business owners is powerful and shows no signs of slowing down. As we approach the end of…
Mumbai-based fintech startup LXME has successfully secured $1.2 million in seed funding, spearheaded by Kalaari Capital. This investment aims to bolster the platform’s mission of fostering financial independence among women.
Kalaari Capital, led by Vani Kola, is known for its early investments in Myntra and Snapdeal. The investment was made through its CXXO initiative, which focuses on…
Byju’s, the cash-strapped ed-tech company, is moving towards resolving its financial dispute with the Board of Control for Cricket in India (BCCI). The company has made an initial payment of ₹500 million to the cricket board, according to reports.
The dispute over unpaid fees, which has been a major issue for Byju’s, is nearing resolution, with lawyers from both sides informing the National…
Punjab National Bank (PNB) has delivered impressive Q1 results, marked by a substantial 159% year-on-year increase in profit, driven by a sharp reduction in provisions and robust recoveries. The bank’s gross non-performing assets (NPAs) ratio has significantly improved, and its guidance for FY25 now forecasts a gross NPA ratio of 4%, down from the previous estimate of 5%.
Additionally, PNB has…
As summer approaches with forecasts of unusually high temperatures, Orient Electric, a CK Birla Group company, is poised for significant revenue growth in FY24, driven by strong performance in its fans and coolers segments. Rakesh Khanna, MD & CEO of Orient Electric, shared his optimistic outlook, citing increased demand due to the anticipated heat.
Khanna noted that the company expects a…
The Aditya Birla Group has officially entered the Indian jewellery market with the launch of its new brand, Indriya. Chairman Kumar Mangalam Birla introduced the venture on Friday, July 26, in New Delhi, unveiling the Group’s ambitious plan to become one of the top three jewellery retailers in India within the next five years. This initiative is supported by a substantial investment of ₹5,000…
Jay Chaudhry, the 65-year-old co-founder and CEO of Zscaler, a cloud security company valued at over $28 billion, has a unique perspective on success that transcends monetary achievements.
Born in a farming village in rural India, Chaudhry’s early life was devoid of financial privilege. His journey to success began with a focus on academic excellence, driven by a desire to excel in engineering…
Gary Vaynerchuk, co-founder of Resy and CEO of Vaynerchuk Media, recently shared his regret about not investing in Uber during its early stages, a decision he considers one of his biggest investment mistakes.
In a LinkedIn post last week, Vaynerchuk lamented passing on two opportunities to invest in Uber’s angel round when the company was valued at just $10 million. Today, Uber boasts a market…
