KisaanSay Raises $2 Million to Revolutionize Farm-to-Table Food in India
Summary: Kisaan Say, India’s first cross-category direct-from-origin food brand, has raised $2 million in a pre-seed funding round led by Jungle Ventures via its First Cheque@Jungle platform, with participation from senior food industry leaders. Co-founded by Nitin Puri, Manoj Karki, and Vaishali Mehta, the brand partners with 20 farmer collectives, benefiting over 50,000 farmers. KisaanSay…
Sarla Aviation, a Bengaluru-based aerospace startup, has raised $10 million in funding led by Accel, with participation from notable angel investors.
Summary: Sarla Aviation, a Bengaluru-based aerospace startup, has raised $10 million in funding led by Accel, with participation from notable angel investors. Founded in 2024, the company aims to address urban congestion through electric air taxis. Its first prototype, Shunya, designed for six passengers and a pilot, will debut at the Bharat Mobility Global Expo….
Ola Electric Faces Leadership Changes as CTO and CMO Resign Amid Restructuring Efforts
Bengaluru, India – Ola Electric, the prominent electric vehicle (EV) maker, announced the resignation of two key executives, Chief Technology Officer (CTO) Suvonil Chatterjee and Chief Marketing Officer (CMO) Anshul Khandelwal, effective December 27, 2024. Both leaders cited personal reasons in their resignation letters addressed to the company’s management. In their letters, Khandelwal and Chatterjee expressed…
Crypto Investment Platform BitSave Secures Pre-Series A Funding from Leo Capital
Crypto investment platform BitSave has successfully closed its pre-Series A funding round, securing an undisclosed amount from Leo Capital. The platform, founded in 2022 by former core team members of Koinex—Zakhil Suresh, Sajal Sharma, Asif Kattakath, and Vishnu Karthkeyan—aims to simplify long-term crypto investments by offering passive investment products, including a flagship crypto index product…
Mamaearth Parent Honasa Loses Unicorn Status Amid Slowing Growth and Share Price Plunge
Honasa Consumer, the parent company of Mamaearth, has lost its unicorn status as its stock price has tumbled nearly 29% in recent sessions. This sharp decline, which has wiped out significant market value, has raised concerns about the company’s financial health and future prospects. As of now, Honasa’s market capitalization stands at ₹7,721 crore (approximately…
AIESEC’s Startup Summit 2024: Pioneering Opportunities for Future Entrepreneurs
Hyderabad, India – AIESEC, the world’s leading youth-run organization, is set to host the Startup Summit 2024 at Jawaharlal Nehru Technological University on the 2nd and 3rd of August. This highly anticipated event aims to inspire and empower budding entrepreneurs with big dreams and groundbreaking ideas, offering a unique platform for innovation, learning, and networking….
In a strategic move to enhance India’s startup ecosystem, Finance Minister Nirmala Sitharaman announced the abolition of the angel tax on July 23, 2024.
Summary: In a bid to enhance the startup ecosystem and promote innovation in India, Finance Minister Nirmala Sitharaman announced the removal of the angel tax. The angel tax, introduced in 2012 under Section 56(2)(viib) of the Income Tax Act, imposed a tax on premiums paid by investors above the fair market value of shares in…
A global Microsoft outage affected users across various sectors, including banks, airlines, and media broadcasters, on Friday.
A global Microsoft outage affected users across various sectors, including banks, airlines, and media broadcasters, on Friday. The disruption, occurring just hours after Microsoft began addressing an issue with its Microsoft 365 apps and services, led to widespread reports of service failures. Despite Microsoft’s updates suggesting improvements, outages continued globally. In Australia, major banks, airlines,…
Top 10 Technology Startups in India
Discover the top 10 technology startups revolutionizing India’s business landscape. Explore innovative solutions, disruptive technologies, and success stories driving India’s startup ecosystem forward. India has emerged as a vibrant hub for technology startups, showcasing innovation and disruption across various sectors. From e-commerce to fintech, healthcare to agritech, these startups are reshaping industries and pushing boundaries….
Top 10 Angel Investor Networks in India
Discover India’s top 10 angel investor networks empowering startups nationwide. Explore key networks fostering innovation and growth in the Indian entrepreneurial ecosystem. In recent years, India has emerged as a hotbed of entrepreneurial activity, with startups spanning diverse sectors from technology to healthcare and beyond. Fueling this growth are angel investors, individuals who provide capital…