Founder Rakesh Deshmukh Exits Indus OS Amid PhonePe Partnership Launch
Rakesh Deshmukh, one of the co-founders of Indus OS, has stepped down from his role as the company gears up for a significant partnership with PhonePe...
Indonesian EV Battery Startup Swap Energy Raises $22M
In a significant development for the Indonesian electric vehicle (EV) ecosystem, Swap Energy, a pioneering EV battery startup, has successfully secured $22 million in a Series A funding round...
Tata Pay Secures RBI Payment Aggregator License
Tata Group's digital payments venture, Tata Pay, has achieved a significant milestone by obtaining the coveted Payment Aggregator (PA) license from the Reserve Bank of India (RBI)...
Subramanyam Reddy Steps Down as CEO of KnowledgeHut: An Era Ends
Subramanyam Reddy, the founder and chief executive of KnowledgeHut, a subsidiary of upGrad, bids farewell after a dedicated tenure of nearly 13 years...
Binny Bansal’s OppDoor: A Global Gateway for E-commerce Expansion
Flipkart co-founder Binny Bansal has ventured into the e-commerce ecosystem once again with his latest startup, OppDoor...
Level Access Acquires Israeli Startup UserWay in Nearly $99 Million Deal
Arlington-based Level Access has entered into an agreement to acquire Israeli startup UserWay in a cash deal valued at nearly $99 million...
Zomato’s New Year Controversy Sparks Debate
As 2023 gave way to 2024, Zomato, India's prominent online food delivery platform, experienced a record-breaking surge in New Year's Eve orders... But...
India Launches ‘XPoSat’ for Black Hole and Neutron Star Study
India successfully launched the X-ray Polarimeter Satellite (XPoSat) on January 1, 2024, at 09:10 am IST from the Satish Dhawan Space Center in Sriharikota...
A Roadmap for Indian Startups in 2024
As the startup ecosystem in India reflects on the challenges and triumphs of the past year, anticipation and optimism pave the way for 2024...
Debt Financing Surges in African Startups, Bridging Funding Gaps
In a transformative trend, startups across Nigeria and other African countries have secured a staggering $2 billion in debt financing over the past decade, significantly mitigating funding gaps in the…