In a dramatic turn of events, BluSmart, once hailed as India’s pioneering all-electric ride-hailing service, has suspended its operations. This development not only disrupts the lives of thousands of drivers and customers but also casts a shadow over the country’s ambitious electric vehicle (EV) goals. The downfall of BluSmart underscores systemic challenges within India’s EV … Read more
Warren Buffett, one of the most renowned investors of all time, has built his legacy on making well-calculated investment decisions. However, even the Oracle of Omaha is not immune to mistakes. One of the most notable examples of this is his tumultuous relationship with the airline industry. From initial optimism to complete divestment, Buffett’s investment … Read more
coto, a leading emotional wellness platform offering 24/7 live consultations, has announced the appointment of Shefali Anurag as its co-founder. Previously serving as Vice President of Marketing, Shefali will continue to spearhead the brand’s marketing strategies while expanding her role to drive the company’s growth, innovation, and global presence. Strengthening coto’s Vision for Emotional Wellness … Read more
The Indian pet market has experienced unprecedented growth, reaching a value of USD 9.95 billion in FY2023. Driven by an increasing number of pet owners and rising incomes, the market is poised for sustained growth, with a compound annual growth rate (CAGR) of 5.65% projected during the forecast period. By FY2031, the market is estimated … Read more
In just three years, Zepto has become the poster child of India’s burgeoning quick commerce industry. The startup’s staggering $1.3 billion fundraising spree in 2024, accounting for 10% of all funding raised in the year, has solidified its position as a force to be reckoned with. Not only did Zepto outpace established players like Swiggy … Read more
In the ever-evolving world of beauty and personal care, Mamaearth has firmly established itself as a pioneer in clean, toxin-free products. Celebrating its 8th anniversary, the brand has emerged as one of India’s top three skincare brands, boasting a portfolio of over 200 products and a loyal customer base spread across 18,000+ pin codes nationwide. … Read more
In a world dominated by food delivery giants like Zomato and Swiggy, WAAYU, a Pune-based startup, is shaking up the industry with a revolutionary idea: zero commission for restaurants. Backed by the Open Network for Digital Commerce (ONDC), WAAYU empowers restaurants to retain their hard-earned profits while offering customers quality, convenience, and variety. WAAYU’s Revolutionary … Read more
The remarkable journey of Code Effort Private Limited, founded by brothers Naman and Vipul Gupta in 2015, showcases how innovation and determination can tackle environmental challenges. This Noida-based startup is leading the way in addressing one of the world’s most littered pollutants—cigarette butts—while creating sustainable livelihoods. The Problem: Tackling Cigarette Waste The Gupta brothers observed … Read more
Honasa Consumer Ltd., the holding company of Mamaearth, The Derma Co., Aqualogica, Dr Sheths announces the strategic acquisition of the assets of CosmoGenesis Labs (CosmoGenesis Cosmetics a sole proprietorship firm). With this acquisition, Honasa takes a significant leap in research driven innovation and underscores the capabilities to stay ahead of the curve in terms of … Read more
BankBazaar has emerged as the highest-funded startup in April, securing $9.6 million in investments. The fintech sector in India attracted $29 million in April, bringing the total investments in CY2024 to $203 million, according to data compiled by BFSI consulting firm The Digital Fifth. A significant portion of this funding was directed towards companies specializing … Read more
Dharampal Satyapal Foods Ltd. (DSFL), the confectionery arm of DS Group, has achieved a significant milestone by surpassing INR 1,000 crores in annual sales turnover for FY 2023-24. DS Group is the second-largest confectionery player in the non-chocolate category and one of the largest and fastest-growing Indian confectionery companies. It holds a leadership position in … Read more
Millions of young Indians from smaller towns and villages chase their dreams in bustling metros like Mumbai, Delhi, and Bangalore. These cities offer career opportunities, but at a steep cost. Exorbitant rents, high living expenses, and long commutes eat away at hard-earned salaries. The High Price of Opportunity: A recent report by the National Housing … Read more
Superfoods Valley, a leading nutrition and food-tech start-up headquartered in Bengaluru, announces the launch of its second product, Good Monk: Healthy 50+. This scientifically formulated nutrition mix addresses issues related to gut health, energy levels, bone health, and mental function. It’s packed in an easy-to-carry small sachet and harnesses the power of 20 carefully selected Nutrients … Read more
Hinduja Global Solutions (HGS), a prominent player in the business process management (BPM) and digital media industries, has announced its unaudited financial results for the first quarter of the fiscal year 2024. Listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), HGS has shown commendable growth and adaptability in the … Read more
Pristyn Care, the leading healthcare provider, is delighted to announce significant employee expansion in the last quarter. The company has strengthened its workforce by welcoming 600 talented individuals on board. To fuel its expansion, Pristyn Care has strategically hired 500 care coordinators, strengthening its operations and driving business growth. Additionally, the company has brought on … Read more
TVS Credit Services Limited, a leading NBFC in India, has recently disclosed its unaudited financial results for the first quarter of FY24, concluding on June 30, 2023. During this period, the company’s Assets Under Management (AUM) reached an impressive Rs. 21,924 Crore, marking a significant increase of Rs. 6,528 Crore from the previous year’s June … Read more
