Boosting Business for Kirana Stores and Small Enterprises
Udaan, a prominent online B2B platform in India, has successfully raised ₹300 crore in debt financing. This substantial funding comes from notable investors, including Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital. The infusion of capital aims to enhance Udaan’s operations and solidify its position as a…
Mastercard, the global payment card services giant, has officially opened one of its largest tech centers in the world right in Pune, Maharashtra. This new facility is set to enhance Mastercard’s operations and innovation in the Indian market.
A State-of-the-Art Facility
The new Pune tech hub, located in Bluegrass Business Park, covers nearly half a million square meters. This makes it one of…
Funding Triumph for Emerging Brands
In an exciting development for India’s direct-to-consumer (D2C) landscape, three early-stage brands—The Paan Legacy, Hemptyful, and Polr.Care—have each secured funding of up to ₹1 crore. This funding comes through the D2C Insider’s Elevate Growth Accelerator program, which concluded with a successful Demo Day event.
What Happened at the Demo…
U.S. venture capital powerhouse General Catalyst has announced a substantial $8 billion fund aimed at fueling investments in early-stage startups across multiple sectors globally. This bold initiative highlights the firm’s commitment to supporting innovation in the U.S., Europe, and India.
Breakdown of the New Funding
The $8 billion capital is structured into several key components:
Core VC…
Stellapps Technologies, a pioneering dairy technology startup, has announced a significant milestone: securing $26 million in Series C funding. This funding will be pivotal in scaling their innovative ‘mooMark’ brand, which focuses on high-quality, value-added dairy products through contract manufacturing and private labeling.
A Strategic Investment Round
The Series C funding round, typically…
In 2024, women entrepreneurs in India are breaking barriers and redefining success across various sectors. This article highlights 15 inspiring women who have achieved remarkable feats, from Falguni Nayar, who launched Nykaa at 50, to Ghazal Alagh, co-founder of Mamaearth, addressing safe baby products. Upasana Taku’s MobiKwik revolutionized digital payments, while Kiran Mazumdar-Shaw…
Accel, the prominent global venture capital firm, is reportedly in advanced discussions to lead a funding round of $30 million to $40 million in Truemeds, an innovative Indian online pharmacy focused on making healthcare more accessible through affordable generic medications. According to multiple sources familiar with the negotiations, the proposed valuation for the six-year-old startup stands at…
Zarin Daruwala, the CEO of Standard Chartered India and South Asia, has announced her retirement effective April 1, 2025. The bank shared the news on Wednesday, highlighting Daruwala’s significant impact over her nearly 35-year banking career.
Daruwala joined Standard Chartered in 2016 and has since played a pivotal role in positioning India as one of the bank’s largest markets. Under her…
Whatfix, a leading digital adoption platform, has successfully raised $900 million in its Series E funding round, spearheaded by private equity giant Warburg Pincus, with additional support from existing investor SoftBank Vision Fund 2. This new capital is set to fuel the company’s expansion into markets across the US, EMEA (Europe, the Middle East, and Africa), and APAC (Asia-Pacific)…
India is gearing up to fabricate its very first semiconductor chip in just two years, according to Commerce Minister Piyush Goyal. This ambitious move comes as major U.S. chipmakers like Nvidia, AMD, and Micron plan to expand their operations in the country.
A Semiconductor Revolution
During a recent interview with CNBC in New York, Goyal emphasized the growing interest in India’s semiconductor…
