The Indian investor ecosystem, which faced significant challenges in 2023, has seen a remarkable recovery in 2024. Venture capital (VC) firms, despite witnessing a continued exodus of partners, have managed to absorb the instability thanks to the promise of attractive returns. The Indian startup landscape has been further bolstered by the emergence of high-profile IPOs, […]
Rohan Mirchandani, the co-founder of the popular D2C food and beverage company Epigamia, has tragically passed away at the age of 41 due to a heart attack. The company officially confirmed the news of his demise, expressing deep sorrow over the loss. Rohan Mirchandani Passed Away Rohan, along with Uday Thakker, Ganesh Krishnamoorthy, and Rahul […]
This week, global stock markets experienced a significant shift in sentiment following the U.S. Federal Reserve’s update about a 25-basis-point interest rate cut. However, the Fed hinted at a slower pace of rate cuts in 2025, which dampened investor optimism. This cautious outlook reverberated across international markets, influencing investor behavior and creating uncertainty. Indian Market […]
The Indian government has initiated the second round of bids for the India AI Mission, an ambitious program aimed at fostering an artificial intelligence (AI) ecosystem in the country. This mission focuses on critical areas such as watermarking and labeling, ethical AI practices, and risk assessment. Mission Primary Objective The primary objective of the mission […]
Between December 17 and 20, Indian startups collectively raised $171.2 million across 20 deals. While this marks a significant achievement, it reflects a 73% drop compared to the previous week’s $635.8 million raised through 25 deals. Unlike the previous week, this period saw no mega funding rounds, signaling a cautious approach from investors as the […]
Earlier this month, the court issued an order restricting the Serious Fraud Investigation Office (SFIO) from taking any action against Hero Electric. Additionally, the court put a halt to ongoing investigations. Some weeks ago, the court allowed the company to send a settlement proposal to the ministry. Hero Electric Big News The investigation began in […]