Weekly Startup Funding News: Indian startups raised $275 Mn this week; from Snabbit to CapGrid
The startup ecosystem in India had a mixed picture during the third week of January 2025. Even though the amount...
Weekly Business News: From Wingify Acquisition to Zomato’s ESOP Expansion
Everstone Capital Acquires Wingify: A Boost for India’s SaaS Sector An important turning point for India's SaaS sector was reached...
Everstone Acquires Majority Stake in SaaS Startup Wingify for $200 Mn
In a landmark deal for India’s software-as-a-service (SaaS) industry, private equity firm Everstone Capital has acquired a majority stake in...
Paytm Rejects Claims of ED Notice in Cryptocurrency Scam Case
The massive digital payments company Paytm has vehemently denied recent media claims that it is connected to a bitcoin scam...
Tata Electronics Invests $150 Mn for 60% Stake in Pegatron India
Tata Electronics Private Limited (TEPL), a wholly-owned subsidiary of Tata Sons, stated that it has purchased a controlling 60% investment...
Infosys Pocharam Campus Expansion to Generate 17,000 Jobs in Hyderabad
Infosys, one of the leading suppliers of IT services in India, has announced a major expansion of its Hyderabad campus...
Zomato Expands ESOPs, Grants 4.17 Crore Stock Options Worth ₹903.82 Cr
In an effort to attract and retain top people, Zomato, one of India's top foodtech companies, has announced a significant...
India’s First Indigenous Semiconductor Chip to Debut in 2025
When India releases its first domestic semiconductor chip in 2025, it will mark a significant milestone. At the World Economic...
HUL Acquires 90.5% of Minimalist in a Landmark ₹2,955 Cr Deal
In a historic move in India's direct-to-consumer (D2C) market, Hindustan Unilever Limited (HUL) paid ₹2,955 crore in pure cash to...
Telecom Industry Braces for 15%+ Tariff Hike by Late 2025
With a substantial pricing increase of more than 15% anticipated by late 2025, India's telecom sector is poised for a...