Entrepreneur India: Page 2

News and Trends

IMF Urges Deeper Structural Reforms to Strengthen India's Growth Outlook

As per the report, continued fiscal discipline will be crucial in rebuilding financial buffers, easing debt service, and ensuring macroeconomic stability.

News and Trends

Glance and Google Cloud Partner to Bring AI-Powered Experiences to Smartphone Lock Screens

Through this partnership, Glance will tap into Google Cloud's AI solutions, including Gemini's intelligence capabilities and Imagen's advanced image generation technology via Vertex AI.

Entrepreneurs

The Data Revolutionist: Himanshu Pandey, Founder and CEO, Segumento

In the ever-evolving world of startups, Himanshu Pandey is a name worth remembering. Their story is not just about innovation; it's about impact, one data point at a time. As Segumento continues to grow, Pandey remains focused on his mission: to empower businesses through data-driven solutions.

News and Trends

India's Family Businesses Drive 40% of Private Philanthropy Contributing INR 18,000 Cr to CSR: Report

The philanthropic endeavors of India's family businesses are not merely acts of charity but are strategic investments in the nation's future. Their focused and professional approach to giving is setting new benchmarks, ensuring that philanthropy in India is both impactful and sustainable.

Entrepreneurs

The Cosmonaut: Manu J. Nair, Co-Founder & CEO, Ethereal Exploration Guild

Manu J. Nair, Co-Founder & CEO, Ethereal Exploration Guild, alongside co-founders Prashant and Shubhayu, is on a mission to make space more accessible. Their flagship project? The Razor Crest Mk-1, the world's first fully reusable medium-lift rocket. With groundbreaking technology and an ambitious vision, they're setting out to democratize space for emerging nations and the global economy alike.

Entrepreneurs

Harvesting Hope: Arjun Ahluwalia, Co-Founder and CEO, Jai Kisan

Picture this, in bustling metro cities, securing a loan for a gadget is as simple as a few swipes on an app. But just a few hundred kilometers away, farmers struggle to get credit for essentials like seeds and fertilizers. For Arjun Ahluwalia, this stark disparity was the spark that ignited the creation of Jai Kisan.

News and Trends

EaseMyTrip Invests in Madhya Pradesh's First Inter-City Electric Bus Tender Worth INR 200 Crore

The newly deployed buses will feature zero-carbon emissions, minimal noise pollution, and cutting-edge technology, ensuring a seamless travel experience. Passengers can expect real-time tracking, sanitized cabins, onboard entertainment, and punctual departures, making travel more efficient and comfortable.

News and Trends

Healthcare Global Enterprises Announces Strategic Investment by KKR Worth $400 Million

As part of the deal, KKR will purchase up to 54 per cent of HCG's equity from CVC Asia V at a price of INR 445 per share.

News and Trends

Geniemode Secures $50 Million in Series C Funding

The round was spearheaded by Multiples Alternate Asset Management, with additional participation from Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures.

News and Trends

KiranaPro On-Boards PV Sindhu as Brand Ambassador and Investor

Beyond lending her name to the brand, PV Sindhu will take an active role in KiranaPro's mission to bridge the digital divide for small retailers. She will also be the official brand ambassador during IPL 2025.

News and Trends

Marico Eyes Double-Digit Growth in FY25 Amid Price Hikes and Strong Volume Gains

In the December quarter, Marico reported a 5.2 per cent increase in net profit, with consolidated revenue from operations rising by 15.35 per cent to INR 2,794 crore. Gupta attributed this performance to consistent quarterly volume growth, noting that the core Parachute brand experienced positive volume increases.

News and Trends

How Fintechs Seized the Day at Mahakumbh

India's digital payment ecosystem has seen unprecedented growth, with UPI transactions surpassing 16 billion in December 2024. Maha Kumbh reflected this trend as pilgrims increasingly adopted cashless payment methods.

News and Trends

India's Private Sector Growth Hits Six-Month High in February: HSBC Flash PMI

While manufacturing output also improved, the PMI report dipped slightly from 57.7 in January to 57.1 in February due to competitive pressures. However, the manufacturing index remained well above its long-run average of 54.1, indicating continued expansion.

News and Trends

India's Forex Reserves Decline by $2.5 Billion After Three-Week Rise

Foreign currency assets (FCA), which constitute the largest share of the reserves, recorded a sharp fall of $4.515 billion, bringing the total down to $539.591 billion

News and Trends

Uttar Pradesh Leads MSME Growth: Report

The Uttar Pradesh Micro, Small & Medium Enterprises Promotion Policy 2022 offers significant incentives to encourage MSME growth, particularly in backward regions. Capital subsidies range from 10 per cent to 25 per cent, capped at INR four crore per unit, with additional benefits for SC/ST and women entrepreneurs.