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8i Ventures has raised $50 million for its Fund II. 8i is a Mumbai & Bangalore based early stage fund that backs founders creating fintech and consumer category leaders in India.So far its partners have backed 28 seed to early...

Swiggy, India's most popular on-demand delivery service, announced today that it plans to invest USD 700 million in Instamart, its quick grocery delivery service. Swiggy Instamart, which began operations in Gurugram and Bangalore in 2020, today serves consumers in...

Ola is investing up to Rs 786.1 crore in Ola Financial Services (OFS), which will now become a 100 percent subsidiary of the ride-hailing company, According to regulatory documents. ANI Technologies will now acquire 100% of Ola Financial Services in...

New Hiring Report by Teamlease about the hiring outlook in India, companies are optimistic about their employment plans this quarter as a result of the lifting of pandemic-related limitations and the resulting performance of the internet and retail sectors.The...

WhatsApp Payments will witness a phenomenal growth as the Facebook-owned messaging platform, has received permission from NPCI to expand its payments user base to 40 million.WhatsApp has 400 million users, and the new feature will help the network compete...

On Monday, the Bombay high court ordered the Centre to provide an update on the proposed cryptocurrency in India law that is slated to be introduced during Parliament's current winter session.The order came while the court was considering public...

BIRAC (Biotechnology Industry Research Assistance Council) which has invited proposals under BIRAC i4 and PACE for development, validation and pre-commercialization of products/technologies in areas of #healthcare, #agriculture, energy and environment, veterinary sciences has announced the last date for submission...

India is growing into a data-rich digital economy in financial services and insurance. Data Structuring according to business, tech leaders are vital to the success of Indian Banking and Financial Sector. The emergence of data-rich digital economy has opened tremendous...

Intelligent Retail is the future of the Retail business, according a new survey by Daachini Technologies. Indian food tech sector is expanding at a CAGR of ~39% according to a report by ResearchAndMarkets. This demonstrates the growth of the...

Considering that India is the third-largest startup ecosystem in the world, India has to face many challenges to address various business challenges. Here we list the top-9 challenges faced by startups in India are:1) Health of the Entrepreneurial...