“Maharashtra Government Try To Draft Artificial Intelligence Policy Soon”
The Maharashtra government is actively considering drafting its own independent Artificial Intelligence (AI) policy to establish itself as a leading player in the rapidly evolving AI sector. This significant move was announced by the state’s IT Minister, Ashish Shelar, during a recent meeting with IT department officials. Ashish Shelar Statement As reported by Economic Times, […]
“PB Fintech Shares Soar To All Time High, Market Cap Approaches $12 Billion”
PB Fintech, the parent company of the popular insurance technology platform Policybazaar, witnessed a significant surge in its stock price on January 2. During trading hours on the Bombay Stock Exchange (BSE), the stock rose by over 5%, reaching a new all-time high of ₹2,230 per share. PB Fintech’s Stock Update Despite some fluctuations during […]
Exclusive: Suniel Shetty-Backed Klassroom Edutech Secures Funding To Boost AI Expansion
Educational OTT platform Klassroom has successfully raised an undisclosed amount in a pre-series funding round led by ah! Ventures. The funding round also saw participation from prominent investors such as LetsVenture, Hem Securities, Meteor Ventures, and Growth Sense Fund. This investment marks a significant milestone for the startup as it sets its sights on accelerated […]
“Accel Company Secures $650 Million For New India-Focused Fund”
Silicon Valley-based venture capital firm Accel has reportedly raised $650 million for its 8th Indian fund. This substantial capital will enable Accel to broaden its investment strategies in the rapidly growing South Asian market, as per recent reports. Accel Reputation Accel, renowned for its impressive unicorn portfolio, includes companies like Moneyview, Flipkart, Swiggy, and Moglix. […]
“Market Milestone: 13 Startups Garner Over ₹29,000 Crore Through IPOs In 2024”
A successful Initial Public Offering (IPO) is not solely determined by a company’s readiness but also hinges on the enthusiasm of investors. The year 2024 has proven to be a remarkable period for the Indian startup public listing landscape, excelling on both fronts. This dual achievement has positioned 2024 as an exceptional year in terms […]
“Despite 14% Rise In Deals, Bengaluru Startup Funding Hits 9-Year Low In 2024”
After hitting a historic low in 2023, the Indian startup ecosystem has shown significant recovery signs in 2024. The total funding raised by Indian startups has grown year-on-year to $12 billion in 2024, signaling renewed investor interest and confidence in the sector. Funding Update However, the undisputed startup hub of the country, Bengaluru, has witnessed […]