Commerce Minister Piyush Goyal recently announced that more than 7 lakh sellers and service providers have joined the Open Network for Digital Commerce (ONDC). Taking to the social media platform X, he highlighted that these sellers represent over 600 cities and towns across India. ONDC  The state-backed ONDC has successfully processed over 15 crore transactions, […]

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, 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 […]

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 […]

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. […]

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 […]