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Crypto Investment Platform BitSave Secures Pre-Series A Funding from Leo Capital

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…

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Mamaearth Parent Honasa Loses Unicorn Status Amid Slowing Growth and Share Price Plunge

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…

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AIESEC’s Startup Summit 2024: Pioneering Opportunities for Future Entrepreneurs

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….

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The Indian government has abolished the angel tax, formally known as Section 56(2)(viib) of the Income Tax Act, which was introduced in 2012 to target investments in unlisted companies.

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…

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Global Microsoft Outage Hits Banks, Airlines, and Broadcasters

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,…

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Top 10 Technology Startups in India

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….

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Top 10 Angel Investor Networks in India

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…

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Top 10 Mutual Fund Companies in India

Top 10 Mutual Fund Companies in India

Explore the top 10 mutual fund companies in India, featuring expert insights on performance, reliability, and investment options. Choose wisely for your financial goals.Investing in mutual funds has become increasingly popular in India, offering investors a diversified and professionally managed approach to wealth creation. With numerous mutual fund companies vying for attention, it’s crucial to…

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Top 10 Apparel Brands in India

Top 10 Apparel Brands in India

Discover the top 10 apparel brands in India, featuring iconic names known for their quality and style. Explore the latest trends and popular choices in Indian fashion. India, a land of diverse cultures and rich heritage, has emerged as a global hub for fashion and apparel. From traditional craftsmanship to cutting-edge designs, Indian apparel brands…

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