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In a vibrant leap forward, Bengaluru-based home dĂ©cor startup Vaaree has clinched $4.6 million in a pre-Series A funding round, signaling robust investor confidence in its mission to transform India’s home furnishing landscape. This infusion of capital, led by PeerCapital and bolstered by prominent investors, positions Vaaree to accelerate its innovative approach to curated, tech-driven…
Bengaluru, India – July 14, 2025: Ola Electric reported a sharp 49.6% year-on-year drop in Q1 FY26 revenue to â‚ą828 crore, down from â‚ą1,644 crore in the same quarter last year. Its consolidated net loss widened by 23.3% to â‚ą428 crore, driven by a steep fall in vehicle deliveries, which dropped to 68,192 units from…
​Summary: Billionaire Harsh Goenka recently shared a video of Reliance Industries Chairman Mukesh Ambani quoting Swami Vivekananda’s philosophy on success. In the video, Ambani highlights Vivekananda’s principle of dedicating oneself entirely to a single idea, emphasizing that this focus has been key to his achievements. The message underscores the power of unwavering commitment in leadership…
Summary: Apple is expanding its retail presence in India by opening four new stores in Mumbai, Delhi NCR, Bengaluru, and Pune. The company has begun hiring for these locations, reinforcing its commitment to the Indian market. This move aims to enhance customer experience and strengthen Apple’s growing foothold in India. Apple is strengthening its retail…
Summary: Zinka Logistics Solutions, the parent company of BlackBuck, has received two tax notices totaling Rs 14.2 crore from the Bengaluru Commercial Taxes Office and the Deputy Commissioner of Income Tax (TDS). BlackBuck, which went public last November, plans to appeal both orders, asserting a strong case on merit. The company remains committed to compliance…
Summary: The State Bank of India (SBI) has set a target to achieve net-zero emissions by 2055, coinciding with its centenary year, as announced by Chairman C.S. Setty at the SBI Green Marathon Season 5 event. The marathon, with over 10,000 participants, promoted environmental sustainability. SBI has been actively supporting green initiatives, including financing renewable…
Summary: Tata Consultancy Services (TCS) is set to implement annual salary hikes in March 2024, effective from April 2025, with increases ranging between 4% and 8%. These hikes are tied to employees’ compliance with the company’s return-to-office (RTO) mandate introduced in early 2024. The IT sector is witnessing a slowdown in salary increments due to…
Summary: Union Minister Jyotiraditya Scindia announced that India is set to lead the development of next-gen 6G technology, reinforcing its global telecom leadership. Speaking at the ET Now Global Business Summit, he praised India’s record-fast 5G rollout, covering 99% of districts and 82% of the population in just 22 months. Scindia also revealed that 6G…
Summary: Deputy Governor of Japan’s Yamanashi Prefecture, Ko Osada, announced that a delegation of 250 Japanese CEOs will visit Uttar Pradesh to explore investment opportunities. During a meeting with Chief Minister Yogi Adityanath, Osada highlighted the state’s strong law and order, good governance, and rapid economic growth as key factors attracting Japanese interest. The visit…
Summary: Foodtech startup Mealawe, known for its AI-driven personalized meal kits, has raised $1 million in a seed funding round led by a network of Shark Tank founders and angel investors. Founded in 2023, the company aims to simplify meal planning by blending technology with convenience and sustainability. The funding will be used to enhance…