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Healthtech startup Ultrahuman Raises $35mn in series B The funding round saw participation from VC firms Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave Incubation and Zomato founder Deepinder Goyal.

JSW's newest EV bet: e-buses and e-trucks The group will manufacture these vehicles in Odisha, where it has committed an investment of ₹40,000 crore to set up an integrated electric vehicle manufacturing facility

Pocket FM rings in its largest fundraise with a $103-million round The audio entertainment platform’s valuation has nearly doubled in the latest fundraise led by Lightspeed Ventures

Is funding winter nearing its end? Experts predict resurgence for Indian startups After enduring a prolonged funding winter, the Indian startup ecosystem is poised for a resurgence, with industry experts predicting funding inflows between $8bn-$12bn in 2024, marking a potential reversal of the...

5G users consume 3.6 times more data than 4G users The 5G traffic has shown substantial growth across all telecom circles, with metro circles leading the charge and reaching a 20% share in the overall mobile data traffic, says Nokia’s Mobile Broadband Index (MBiT)

Peak market returns a thing of past: Aditya Birla Sun Life AMC's Patil The CIO expects only 10-12% market returns in 2024 and is positive on banking, automobiles, industrials, consumer discretionary, information technology, and healthcare

PM Modi at Startup Mahakumbh: Youth driving India's startup ecosystem, becoming ‘job creators, not job seekers’ PM Modi at Startup Mahakumbh: On the startup ecosystem in India, Prime Minister Narendra Modi highlighted how the psyche has changed from wanting to be “job seekers” to being “job...

Arzooo operations stall amid funding crunch The number of employees at the company dropped from about 300 in January 2023 to about 100 in December 2023, according to data research platform Crediwatch. Several laid-off employees said they hadn't received their pending salaries or full and final...

Serentica wants $300 million. A stake sale is likely. Gurugram-headquartered Serentica had earlier raised $650 million from private equity firm KKR

NaBFID considers $4.8 billion worth of bond sale to double loan disbursements NaBFID is likely to sell bonds with tenors spanning from 10 to 20 years in the financial year starting April 1, sources told Bloomberg.

SBI Card declares interim dividend of ₹2.50/share for FY24 SBI Cards and Payment Services, in an exchange filing, said the interim dividend will be credited on or before April 17, 2024.

Zomato 'Pure Veg' Mode: No more colour segregation for fleets, says CEO Deepinder Goyal In a post on the social media site X, Zomato's CEO Deepinder Goyal gave an update on the startup's pure veg fleet and its colour distinction strategy.

Zomato ‘Pure veg mode’: CEO Deepinder Goyal rolls back ‘green' fleet after backlash. 10 points Zomato ‘Pure veg mode’: CEO Deepinder Goyal says the new 'Pure Veg Fleet' will continue to wear red instead of green as originally announced

Startup Mahakumbh: Prime Minister Narendra Modi attending event today. Top 10 Updates about the event Startup Mahakumbh: Prime Minister Narendra Modi described the event as a forum which brings together stakeholders from the world of startups, innovators and upcoming entrepreneurs.

New-age companies Meesho, Pine Labs and Zepto eyeing shift of base to India, says report For many eyeing the shift, the allure of higher valuations in the Indian market remains a significant driver, despite the hefty tax considerations.

Amazon Prime Video announces new slate for India With the commissioning of original content slowing in India, many platforms are playing it safe by securing star-studded films to ensure returns, and experimenting with shows that release episodes regularly

Zomato launches 'pure veg mode' in sharp deviation from earlier stance, Deepinder Goyal delivers orders Citing the reason for the launch of ‘Pure Veg Mode’ and ‘Pure Veg Fleet’, Goyal said that it was done based on the feedback from vegetarian customers.

Alakh sir, can PhysicsWallah ace the profit test? The edtech unicorn has a rare distinction—it is profitable. But, its struggles are mounting. The company’s marketing and other expenses are shooting up, as it expands in the offline coaching market. Some students are also questioning its quality...

Engrail raises $157 million in funding for anxiety meds sans the side effects The precision neuroscience company is working on treatment of anxiety disorders and depression

Zomato 'pure veg mode' leaves netizens split: 'Casteist, criminal' move vs 'amazing initiative' Netizens said that the move would lead to attacks on regular Zomato riders in 'pure veg' housing societies