Top Stories
Swiggy to offer 1-hour delivery in a bid to outwit rivals
Swiggy, the Indian food delivery giant, is expanding its services to include one-hour e-commerce delivery in a bid to compete with rivals Flipkart and Amazon. The company is currently piloting the new service in Gurugram, a city located just...
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MoD initiates reforms in AHSP to boost defence industry
Indian defence companies allowed to own and account for final designs/specifications as AHSP. Simplified mechanism to represent all stakeholders. DGQA to notify detailed procedure in two months. Rationalisation of entire list and transfer of AHSP to industry advised by...
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G20 New Definition of Startups to Solve Taxation & Valuation Issues
G20 new definition of startups is on the anvil that has the potential to solve several challenging issues. The Group of Twenty (G20) nations is planning to establish a universal definition for startups in an effort to resolve taxation...
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PhonePe and Pi Ventures Secure $100M and ₹100Cr Funding Deals
April 2023, Funding Deals of the week: PhonePe, the digital payments platform based in Bengaluru, has raised $100 million in a funding round led by General Atlantic, while Pi Ventures, an early-stage investor, announced the close of its second...
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How to Secure Funding for Your Startup: Options and Strategies for Success
Starting a new business is an exciting journey, but it requires significant funding for your startup to become successful. While some entrepreneurs may have their own savings or support from family and friends, many others require external funding to...
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Meta’s WhatsApp Announces 3 New Major Updates Coming in 2023
WhatsApp, the popular instant messaging app owned by Meta, is set to release three new features in 2023 that will revolutionize the way users share status updates, create channels, and manage contacts. These updates are expected to enhance the...
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PMMY Scheme Details: What you need to know
The Pradhan Mantri MUDRA Yojana (PMMY) has been a game-changer for micro-enterprises in India since its inception in 2015. The scheme aimed to facilitate easy collateral-free micro-credit of up to ₹10 lakh to non-corporate, non-farm small and micro entrepreneurs...
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Indian SaaS Firms to Benefit from a New $100M Iron Pillar Global Cloud Fund
Iron Pillar Fund, a new global cloud fund plans to invest $8 million to $12 million across eight to 10 companies over a period of 30 months. The fund will focus on global Software-as-a-Service (SaaS) companies with an Annual...
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Curefoods secures INR 300 Cr to fuel offline expansion, drive growth in Tier I, II cities
Curefoods, a startup specializing in cloud kitchens, has raised INR 300 crore in a funding round. With this infusion of funds, Curefoods plans to expand its brands into offline formats and increase its presence in northern and western...
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India announces 50 GW renewable energy target, new bid trajectory
In a significant move towards achieving its goal of having 500 GW of installed renewable energy capacity from non-fossil fuel sources by 2030, the Indian government has declared a bidding trajectory for renewable energy that will add 50 GW...
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Indian Startup OrbitAID Sets New Satellite Servicing Benchmark
December 23, 2024: OrbitAID Aerospace, an innovative startup focused on satellite servicing, has successfully tested its groundbreaking Standard Interface...
