Andhra CM Launches VC Fund To Empower Telugu Entrepreneurs
Andhra Pradesh Chief Minister Mr. N Chandrababu Naidu inaugurated a venture capital fund, Telugu Angels, on January 7. The primary goal of this initiative is to provide Telugu entrepreneurs with opportunities to establish and expand their ventures on a global scale. While the exact size of the fund has not yet been disclosed, reports suggest […]
Zomato Shares Fall 5% Following Jefferies’ Downgrade To ‘Hold’
On January 7, food technology major Zomato witnessed a decline in its stock value during intraday trading. The shares fell by approximately 4.9% from their January 6 closing, reaching ₹251.60. This dip is attributed to brokerage firm Jefferies revising its outlook on the company. Zomato At Hold Rating Jefferies has assigned Zomato a “Hold” rating […]
EMO Energy Secures $6.2 Million Funding To Advance Two- And Three-Wheeler Energy Solutions
Bengaluru energy-tech company EMO Energy raised $6.2 million in its Series A funding round. This round is led by Mr. Subhkam Ventures. Existing investor Transition VC also made a significant contribution, further solidifying its commitment to the company’s vision. EMO Energy EMO Energy plans to utilize the fresh funds to expand its energy solutions for […]
Bharti Airtel And Vodafone To Transfer Entire Stake In JV To IBus
Telecom operators Bharti Airtel and Vodafone Idea have reportedly signed a share purchase agreement with iBus Network and Infrastructure Pvt Ltd after transferring their entire stake in the joint venture, Firefly Networks Ltd. According to an exchange filing report cited by The Economic Times, both telecom companies currently hold a 50% stake in Firefly Networks. […]
CCI Vs Flipkart, Amazon: Supreme Court Transfers 24 Seller Petitions To Karnataka High Court
On Monday, January 6, the Supreme Court transferred petitions filed by sellers against Amazon and Flipkart, alleging anti-competitive practices, to a single bench of the Karnataka High Court. According to reports, the Supreme Court consolidated all pending petitions on this matter and directed that these cases will now be heard together by the Dharwad bench […]
Indian Startups In 2024: 16 Charts That Capture The Year In Review
As we step into 2025, the Indian startup ecosystem stands at an exciting crossroads, fueled by the turbulence and triumphs of the past year. The year 2024 marked a transformative phase, showcasing the maturity of Indian startups as they navigated the journey from ambition to reality. Year 2024 For Startups One of the most notable […]