As part of its ongoing Series D round, insurtech startup RenewBuy has successfully raised $40 million from Dai-ichi Life Holdings, Inc. This Indian company stands out for its ability to

With a 70% decline in investment since FY22, Indian entrepreneurs are experiencing a financial winter, requiring them to reduce the burn rate and accelerate their route to profitability. According to Redseer’s examination of 100 unicorns, the number of profitable unicorns will increase from 30 in FY22 to 55 in FY27. 

Youth fashion company Styched has strategically acquired casual sneaker startup Flatheads with the goal of solidifying its position, as a player in the fashion industry. Flatheads is known for its expertise, in sneakers while Styched operates with a unique approach that eliminates waste, inventory, and warehousing. This acquisition will bolster Styched’s sneaker collection. Broaden its reach in the market.

Minister of State (MoS) for Science and Technology Jitendra Singh emphasized the pivotal role played by the private sector in India’s space economy highlighting that there are now 140 Indian space tech startups operating in India, which is a significant achievement due to the country’s liberalized space policies.

Through expanded cooperation with Microsoft, KPMG aims to invest $2 billion in artificial intelligence and cloud services across its business lines internationally over the next five years, the latest effort by a Big Four accounting firm to double down on the technologies.

Utkarsh Small Finance Bank has successfully raised Rs 223 crore from anchor investors prior to its initial share sale.

Zepto is an Indian startup is on track to become the first unicorn of 2023 in the country. Thanks to an expected $150 million Series E funding round. Led by StepStone Group and supported by Nexus Venture Partners. This funding will elevate Zepto’s valuation to $1.3 billion. The swift commerce delivery startup has garnered recognition for its commitment to delivering groceries within 10 minutes.

The UK government’s proposed reforms were presented by Finance Minister Jeremy Hunt. Seek to unleash a substantial amount of money from pension funds. The goal is to stimulate investments in early-stage companies and ultimately bolster economic growth. Furthermore, these changes aim to enhance pensioners’ returns by giving them the opportunity to invest in unlisted startups.

With a total net worth of $4.06 billion, four Indian-origin women reached the Forbes list of America’s 100 richest self-made women. With a total net worth of $4.06 billion, four

Cricket legend Sourav Ganguly has recently become a proud part owner of the food delivery startup, JustMyRoots. In addition to his ownership stake Ganguly has also signed an endorsement deal

Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, feels that India is well-positioned to produce 1 lakh unicorns and 10-20 lakh startups in the future. 

BYJU’S The well-known ed-tech startup. Is currently facing a period of uncertainty due to demands from investors for the removal of its founder and CEO. Byju Raveendran.