AI-focused venture studio BrahmVeda Ventures buys Vedvaani

AI-focused venture studio BrahmVeda Ventures buys Vedvaani

AI-focused venture studio BrahmVeda Ventures buys Vedvaani BrahmVeda Ventures, a new AI company builder, has bought Vedvaani, an AI-powered astrology app. The deal includes both cash and company shares. Three sharp minds – Vipul Kapoor, Nachiket Patel, and Kashyap Pandya – lead BrahmVeda Ventures. They want to use AI to make everyday tasks easier for…

GalaxEye has closed $10 Million Funding

GalaxEye has closed $10 Million Funding

India is leading nowadays in terms of innovation. GalaxEye is a rising Indian spacetech startup. GalaxEye has closed $10 Million Funding to Drive Satellite Data Innovation. This funding will help GalaxEye advance its satellite technology for Earth observation.  MountTech Growth Fund, Kavachh, a key tech-focused fund in India, led the funding round. The strong backing…

BlackBuck to Launch IPO on Dalal Street this November 13

BlackBuck to Launch IPO on Dalal Street this November 13

INTRODUCTION Flipkart-backed logistics platform BlackBuck to Launch IPO on Dalal Street this November 13. The company, known for its digital trucking services, aims to raise ₹1,114.72 crore through a mix of fresh equity shares and an Offer for Sale (OFS) from existing investors. BlackBuck has set its IPO price range between ₹259 and ₹273 per…

Zomato and Swiggy Breached Competition Laws, Finds CCI Probe

Zomato and Swiggy Breached Competition Laws, Finds CCI Probe

INTRODUCTION Zomato and Swiggy are two big food delivery platforms of India. Both the startups have come under scrutiny by the Competition Commission of India (CCI). This reveals that the startups have used some exculsivity contracts with restaurant partners to breach the antitrust laws. Zomato and Swiggy Breached Competition Laws for their own benefits. This…

Sharan Hegde’s The 1% Club Fires 15% Workforce

Sharan Hegde’s The 1% Club Fires 15% Workforce

INTRODUCTION 1% Club Fires 15% Workforce and Sharan Hegde received a lot of criticism after this. This marks a major cost-cutting exercise for the startup. The decision affected nearly 30 employees. 1% club is a rapidly growing fintech startup. It offers some tools that can help you manage your finances. For example, you can calculate…

Are AI Detectors Accurate?

Are AI Detectors Accurate?

AI detectors have become popular tools to identify computer-generated content. These tools claim to differentiate between human and AI-generated content. Many students and professionals now use them to make sure their work is recognised as authentic. The growing use of AI writing has increased the importance of AI detectors. But how well do they really…

Paytm has launched a UPI statement download Feature

Paytm has launched a UPI statement download Feature

Introduction Paytm has launched a UPI statement download feature to support users in managing expenses and tax filing. This tool is common in developed countries. But Paytm has launched this feature now in Indian market. This tool provides detailed transaction statements in a simple PDF format. Users can select specific date ranges, including entire financial…

Boldfit Raises INR 110 Cr to Expand Its Product Line

Boldfit Raises INR 110 Cr to Expand Its Product Line

INTRODUCTION Boldfit is a D2C firm. The startup is based in Bengaluru. Boldfit, raises INR 110 Cr ($13 Mn) from Californian venture capital firm, Bessemer Venture Partners. After receiving this funding, Boldfit can invest in product development. Moreover, this will help in brand visibility in the market. There are plans to open physical stores within…

The Hosteller raises Rs 48 crore in funding for nationwide expansion

The Hosteller raises Rs 48 crore in funding for nationwide expansion

The Hosteller is a backpacker hosteller chain. The journey of the startup began in 2014 and since then it has been working really hard. It specialises trips and workations. In 2015, a new hostel was launched in Jaipur. Since then, they have opened a lot of hostel chains for those who are eager to travel….