News and Trends
Log9 Materials Signs MoU With Quantum Energy Limited; Unveils 2W EV 'BzinessliteInstaCharged by Log9'
The two deem it to be India's fastest-charging two-wheeler commercial electric vehicle (CEV), and it will be powered by Log0's RapidX 2000 batteries, going from zero to 80 per cent charging in 12 minutes.
Byju's Minority Investor Blackrock Cuts Startup Valuation To $8.4 Billion
Since October 2022, this is the second time Blackrock has reduced the fair value of the company
We Have Set the Gold Standards in Industry: Rajesh Gopinathan
A day before Rajesh Gopinathan steps down as the CEO and hands over the baton to K Krithivasan on June 1, Gopinathan recounted the high points during his 22 years tenure
AjnaLens To Develop a Mixed Reality Learning Ecosystem With Qualcomm's Snapdragon Spaces XR Developer Platform
Intending to build an accessible XR ecosystem, Snapdragon Spaces is ideal for creating learning and development solutions which need spatial understanding, anchoring virtual data to real-world surroundings, and making the training more immersive and impactful.
BCG India Appoints Rahul Jain As New System Leader
According to a statement by the company, Jain takes over from Alpesh Shah who will move into a regional leadership position leading BCG's CEO advisory in Asia-Pacific
G20 Members To Define Startups In a Common Framework
As per the report, the focus of the Goa meeting will be to build consensus on the Draft Policy Communique, which the Startup20 recently published and seeking public views
Fintech Unicorn Razorpay Launches Turbo UPI For Faster Online Payments
The newly launched product claims to allow customers of online merchants to make UPI payments directly without getting redirected to a third-party UPI app during checkout
LetsShave Crosses $6 Million Funding Rounds With Wipro India's Investment
The company has plans to use the funds to expand its online business in India, focusing primarily on hair removal with products aligned ahead, foraying into foreign markets, and taking baby steps in offline channels in India
Mukesh Ambani-Backed EV Firm Altigreen Expects To Raise INR 700 Crore Funding
The Indian electric cargo vehicle manufacturer reportedly expects to ramp up production and invest in new models
India has the Potential To Become a Factory For the World: McLaren
In India McLaren has witnessed double-digit sales in FY23 with a market share of 25 per cent
Are Startup IPOs Back on Track?
Negative sentiment because of the global downturn has kept startups away from pursuing their IPO dreams
Bollywood Actor Tiger Shroff Invests In Revenant Esports
The company plans to utilize the investment to bolster their esports rosters, content creators, and bootcamp infrastructure as well as invigorate their ambition of cementing
Digital Trackside: F1 Ticket Provider Platinum Group Launches NFT Tickets For Fans
The NFT tickets were announced ahead of Monaco Grand Prix scheduled from May 26 to 28 and will now be available for all the upcoming 16 races.
Rolls Royce To Cut Thousands Of Jobs: Report
As per reports, the luxury car manufacturer has hired consultants led by McKinsey & Co. to advise on the same
Telcos Increases SMS Tariff By 25% For Overseas Tech Firms
As per the report, the firms have urged TRAI to advise telecom operators to levy domestic rates on them as their server is in India and they have an Indian subsidiary, which serves Indian consumers