Introduction The Premier Energies IPO opened for subscription on August 27, 2024, offering an exciting opportunity for investors in India. But before diving into this, let’s understand the basics of an IPO and how it works, especially if you are new to the world of investments. What is an IPO? An IPO, or Initial Public…
Ola Electric’s Market Share Declines Amid Rising Competition from TVS and Bajaj Ola Electric has enjoyed a strong presence in India’s electric two-wheeler market. However, according to a recent report by Jefferies, Ola Electric’s market share has taken a hit. The company’s market share fell from 49% in the March-June quarter to 33% in August…
Mumbai, the so called financial capital of India is a hub of startups. The dynamic ecosystem helps start ups grow in Mumbai. According to StartupBlink, there are around 1,044 Mumbai based startups and represents around 13% of India’s startups. The ecosystem of Mumbai plays a very important role in India’s Startup ecosystem scene. Let us…
Oyo Rooms, a well-known name in the budget hotel industry, has achieved a major milestone. The company has reported its first-ever profit after tax (PAT) of Rs. 229 crore for the financial year 2023-24 (FY24). This accomplishment is particularly significant, as it comes after a steep 75% drop in Oyo’s valuation. Despite the challenges, Oyo…
TOP 10 EMERGING STARTUPS OF DELHI IN 2024 Delhi, the vibrant capital of India, has rapidly become a thriving hub for startups. With its dynamic entrepreneurial spirit and access to resources, the city is witnessing a surge in innovative ventures. In 2024, several emerging startups in Delhi are making significant strides across various industries. Here,…
Introduction Hyderabad-based all-electric intercity bus start-up Fresh Bus has raised Rs 87.5 crore ($10.5 million) as a part of its Series A funding round. This milestone will massively accelerate the company’s dream of making sustainable and environment-friendly travel solutions across inter-city travel in India. The investment, classified as part of a Series A round, was…
Introduction Ather Energy has recently become India’s latest unicorn, marking a significant achievement in the country’s electric vehicle (EV) industry. With a $71 million (Rs 600 crore) funding round led by the National Investment and Infrastructure Fund (NIIF), Ather Energy’s valuation has surged to $1.3 billion (Rs 10,900 crore). This achievement places Ather Energy in…
Introduction In today’s busy world, we need everything quickly. Blinkit understands this well. Blinkit is known for delivering groceries in just 10-15 minutes. Now, Blinkit has introduced a new service to make life even easier for people in Gurgaon and Delhi. If you need passport photos fast, Blinkit now delivers them in just 10 minutes!…
Introduction Canon India has taken a significant step towards empowering India’s youth. By launching new Skill Development Centres in Kapashera, Delhi, and Andheri East, Mumbai, Canon India aims to improve job opportunities for young people. This initiative aligns with the Skill India mission and promises to uplift the lives of many young individuals living in…
The Incident Gaurav Munjal, CEO of Unacademy, recently made headlines for the wrong reason. During a video announcement, he revealed that the company would not be providing salary hikes for the second consecutive year. While such news is typically met with disappointment, it was Munjal’s choice of clothing that caught the public’s attention. He wore…