Shiprocket India to raise $25.6 million
The financing comes after the Competition Commission of India approved the equity acquisition by MUFG and KDT Ventures.
India CarTrade shares rise 123%, hitting 52-week high
The company's P/E ratio is 158.06, which is significantly higher than the industry average of 22.96.
Nvidia leads GPU bidding in India for AI tasks
The AI mission intends to distribute 10,000 GPUs to various stakeholders in India.
India receives Bangladesh's 'note verbale' on Sheikh Hasina's extradition request
December 24, 2024 New Delhi – India today confirmed that it has received a diplomatic note from the Bangladesh High Commission in New Delhi regarding Sheikh Hasina’s extradition request. “We confirm that
India to ramp up energy storage for solar and wind projects
Future wind and solar projects in India may require battery storage – just like China. Prashant Kumar Singh, secretary of the Ministry of New and Renewable Energy (MNRE), said the government plans
Rapido India fixes data leakage that leaked user and driver information
The leaked data, including names, email addresses and phone numbers, was transmitted to third-party services via APIs.
Y Combinator alum Novatr lays off more than 50 employees in India
The move reportedly came as a surprise to employees, who were told in November that the startup had enough runway to run for two years.
India considering trade deal with Trump, sources say
New Delhi officials said India is discussing a possible trade and investment agreement with the United States. According to Reuters, Modi's government is seeking to implement tariff cuts on some agricultural and
Financing for new startups in India falls 32%: report
In 2024, Swiggy's $1.35 billion IPO became the world's largest technology IPO.
Zypp Electric appoints former SoftBank India chief as senior advisor
Manoj Kohli will guide the leadership team and assist with IPO planning.
Dixon partners with Vivo to build smartphone factory in India
Dixon Technologies and Vivo India will jointly build smartphone production facilities to increase their market share.
India approves KKR investment in Rebel Foods
The acquisition will involve the purchase of stock and mandatory convertible preferred shares through secondary transactions.
Google appoints Preeti Lobana as new India CEO
Lobana joined Google in 2016 and has banking experience from NatWest and American Express.
Start-up capital in India, as shown in the chart
It’s important to know where your money is going. Look at the current state of fundraising in India.
Apple to produce AirPods in India by 2025
AirPods will be the second major product to be assembled by Apple in India after the iPhone.
Samsung disputes data seizure in India competition raid
Samsung claims that during the raid, Indian officials detained three employees and confiscated their phones.
India diabetes care market to be worth US$21.56b by 2030
Photo by Nwato Key drivers include telemedicine and mobile health. According to Research and Markets, the Indian diabetes care market will be worth US$1.501 billion in 2024 and is expected to reach
Indian billionaire brothers to acquire 40% stake in Coca-Cola India bottler
Bottles of Coca-Cola are displayed in grocery stores. Getty Images Jubilant Bhartia Group, controlled by billionaire brothers Shyam and Hari Bhartia, has agreed to buy a 40% stake in Coca-Cola India bottler,
India takes steps to restrict Chinese solar cell imports
The Indian government has set a deadline to restrict the use of solar cells imported from China as it transitions to clean energy. India's Ministry of Renewable Energy said on Tuesday that
Amazon trials 15-minute delivery service in India
The trial, which is currently underway in Bengaluru, marks Amazon's entry into the country's playing field.
Lenskart to set up manufacturing facility in South India
Telangana IT Minister Sridhar Babu Duddilla said the investment is worth about $176 million.
India wants Musk's Starlink to help solve $4.2 billion drug case
Indian police have asked Elon Musk's satellite internet group Starlink to provide details of buyers of one of its internet devices that helps with maritime navigation as it is used by smugglers
Flipkart plans IPO, moves headquarters to India
The Walmart-owned company aims to complete the process by the end of 2024 or early 2025.
Amazon India consumer electronics chief resigns
Ranjit Babu has been working at Amazon for over a decade.