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“Parliamentary Panel Criticizes IT Ministry Surrendering Half Of Semiconductor Funds”
The Government of India has been actively promoting the semiconductor and display manufacturing ecosystem through its revised program. The Ministry of Electronics and IT allocated a budget of ₹1,503.36 crore for financial year 2024. However, as of March 31, 2024, only ₹681.11 crore of this allocation has been utilized. Underutilization Of Funds The Parliamentary panel […]
“ZunRoof Secures ₹20 Crore Funding for Rooftop Solar Solutions Expansion”
ZunRoof, a promising rooftop solar solutions startup, has made headlines with a significant milestone in its growth journey. The company recently raised ₹20 crore in a funding round led by Godrej Family Office and ANBG Enterprises LLP, showcasing strong investor confidence in its potential. The round also saw participation from angel investor Ravindernath Chadha, further […]
“Analyzing Aye Finance DRHP: Shareholding Structure And Leadership Insights”
Founded in 2014, Aye Finance has emerged as a leading player in the business loan sector in India. The company specializes in providing financial support to micro and small businesses, particularly in North India. With its innovative and inclusive approach, Aye Finance has become the go-to platform for entrepreneurs seeking hassle-free loans to grow their […]
“Quantum Technology Startup Quanfluence Secures $2 Million Funding Led By Pi Ventures”
Quantum Technology has emerged as the number one tech company in India, leveraging quantum mechanics to revolutionize devices used in critical fields like cybersecurity and logistics. By harnessing the power of quantum computing, the company is paving the way for advanced and secure technological solutions, setting a benchmark in innovation. Quantum Technology Raised Fund Recently, […]
“Easebuzz, A B2B Fintech Startup, In Talks To Raise ₹200 Crore”
A significant update has emerged regarding the business-to-business (B2B) fintech startup, Easebuzz. According to reports, the company is in discussions to raise ₹200 crore in a new funding round. The news, highlighted by Moneycontrol sources, has drawn attention within the industry. Easebuzz Progress Easebuzz, known for offering seamless payment solutions and financial services to businesses, […]
“Starlink Device Found Amidst Arms Cache In Conflict-Hit Manipur”
A significant development has emerged involving a Starlink device, raising security concerns in India. While the specific model of the device remains unclear, authorities are investigating how it reached Manipur. This comes on the heels of a legal notice served to Starlink in early December 2024. Starlink Device News The legal action was initiated after […]