GBA Capital Allocates $10 Billion for Web3 Fund
Chinese venture capital firm GBA Capital has unveiled ambitious plans to launch a $10 billion Web3 fund, with a strategic emphasis on supporting startups in virtual reality (VR), the metaverse,…
IIT Madras Aims High: Targets Incubating 100 Startups in 2024
The Indian Institute of Technology Madras (IIT Madras) has set an ambitious goal to incubate a minimum of 100 startups across diverse sectors in the year 2024...
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...