India Sees Registration of 185,000 Companies in 2023-24

More than 185,000 companies were registered in the country last fiscal, higher than the count recorded in the year-ago period...

Startup Funding in April Rises 21% on Year to USD 564 Million

New-age startups logged a total funding value of about USD 563.5 million in April 2024, up 21% from the same month a year ago...

UPI Transactions Decline in April

Unified Payment Interface (UPI) transactions fell 0.7% month-on-month in April, data from the National Payments Corporation o...

Government Discusses Cybersecurity & Digital Financial Fraud with Fintechs

The Department of Financial Services (DFS), Ministry of Finance, in collaboration with the Indian Cyber Crime Coordination Ce...

Groww Gets the Go-Ahead to Operate as a Payment Aggregator from RBI

Groww Pay, the UPI payments platform of Fintech unicorn broking firm Groww, has received in-principle authorisation from the ...

NFTFN Secures USD 500,000 in First Phase of its Fundraise Campaign

NFTFN, a fintech entity in the web3 arena, has completed the initial phase of its fundraising, securing USD 500,000 by distributing USD 10 million NFTFN tokens at USD 0...

HDFC Bank Approves INR 60,000 Crore Fund Raise via Debt Instruments for FY25

Mumbai: HDFC Bank’s board of directors, on April 20, approved the annual renewal of long-term bonds and perpetual debt ...

Aditya Birla Capital Creates a Stir by Launching its Omnichannel D2C Platform 'ABCD'

Aditya Birla Capital is targeting to add 30 million new customers in the next three years through a digital platform launched...

ADB Predicts 7% Growth in India’s GDP Growth Forecast

The Asian Development Bank (ADB) on Thursday, April 11 raised India’s GDP growth forecast for the current fiscal to 7% ...

Filter Capital Closes its First Funds at INR 800 Crore

Mumbai: Filter Capital, a technology-focused investment firm, has closed its first fund, Filter Capital India Fund I, with a ...

SingleInterface Raises USD 30 Million in Funding from Asia Partners, PayPal Ventures

New Delhi: SingleInterface, a hyperlocal marketing-to-commerce software player, raised USD 30 million in financing in its fir...

CoinSwitch Parent Launches Stock Broking App, to Compete with Zerodha, Groww

The company PeepalCo, which runs the CoinSwitch brand, announced the release of Lemonn, a new stock investing app, on Tuesday...

India Ranked Third Globally Among Improved Business Destinations: Report

According to an Economist Intelligence Unit (EIU) report, Greece, Qata...

India’s Forex Reserve Reaches an All-Time High with an Increase of $140 Million

India's forex reserves increased by USD 140 million to touch its all-time high of USD 642.631 billion during the week end...

BillDesk Records a 9.6% Jump in FY23 Revenue, Profit Down 5.1%

Mumbai: Fintech firm BillDesk reported a net...

Kotak Mahindra Bank Acquires Sonata Finance for INR 537 crore

Kotak Mahindra Bank has acquired NBFC Sonata Finance Pvt Ltd for INR 537 crore. Sonata is operating in 10 states through 549 ...

Shanghai Cooperation Organisation Start-Up Forum to be Held in India in January’25

New Delhi: The commerce and industry ministr...

Enser Communications Lists at 2.9% Premium to IPO Price on NSE Emerge

Mumbai: Enser Communications Ltd, a provider...

2023 Marks Record Year for Hugo Boss - Targeted Line Improvements in Fiscal Year 2024

HUGO BOSS looks back on its business's performance during the fiscal year 2023. I...

Kalānkit Unveils Exclusive Women's Day Sunglass Covers by Drishti Satsangi Set to Shine

Kalānkit, the brand synonymous with creativity and elegance, is set to make waves this Women's Day with an exclusive cor...

Based in Udaipur, Fashion Brand Beyoung Partners with GoKwik to Increase the COD Reach across the nation and reduce Return loss

Beyoung is a leading brand of fashion recognized for its stylish and budget-friendly clothing range and has signed an allianc...

Geoff Seeley joins PayPal as Chief Marketing Officer

Geoff Seeley, the chief marketing officer of PayPal, an innovative financial technology company, has been appointed. He overs...

The Latest in Startup Funding

Naman Finance, SIDBI invest in space tech startup Digantara

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Japanese's Mizuho Bank acquires 15 pc stake in Credit Saison India for Rs 1,200 crore

Bharat Mandapam is set to host the historic "Startup Mahakumbh" In an extraordinary event of ...

Over 1000 Startups, Investors and Incubators Converge at Startup Mahakumbh for Unprecedented Exchange of Ideas

Bharat Mandapam is set to host the historic "Startup Mahakumbh" In an extraordinary event of ...

Vijay Shekhar Sharma resigns from Paytm Payments Bank board

Vijay Shekhar Sharma has stepped off his position as a part-time non-executive chairman, as well as a board member for Paytm ...

NMTronics and IIT Kanpur Launch Center of Excellence for Electronics Manufacturing at IITK Campus

KANPUR, India. NMTronics India Pvt. Ltd. is a pioneer in providing end-to-end solutions for electronic manufacturing and the ...

Supply disruptions due to risk aversion and the high-interest rates are a skewed advantage for SMEs: Dun & Bradstreet

MUMBAI, India, Feb. 26, 2024. It is the Economy Observer report by Dun & Bradstreet, a major worldwide provider of data f...

Amazon India and GAME ink MoU under Saheli Program ahead of International Women's Day

To encourage women to become digital entrepreneurs from India, Amazon India has joined forces together with the Glo...

Google Pay SoundPod Introduced to help Small Businesses

In response to recent changes in the regulatory environment, Google Pay has launched its Google Pay SoundPod, to improve the ...

The Fintech Giant Razorpay announced to shift of its base to India, eying an IPO soon

RazorPay, one of India's best-known payment platforms, is poised for success and could potentially list on an Indian stoc...

Byju Raveendran under Siege: Karnataka High Court will decide the Fate

The long-awaited EGM Of Byju's conducted on Friday 23rd February 2024. The shareholders voted to remove Byju Raveendran as well as his relatives from Byju's board.Shareholders who opposed C...

Ministry of Food Processing Industries Reaches New Heights in 2023

The food processing industry in India is expanding at a rapid rate The Ministry of Food Processing Industries has implemented remarkable initiatives and reached key mil...

TECH START-UPS QUARTERLY INVESTMENT FACTBOOK Q4 CY2023 by NASSCOM

Tech Start-ups Quarterly Investment Factbook Q4 CY2023” is a Nasscom- Zinnov quarterly funding update on Tech start-ups highlighting key trends and facts about th...

The MSME sector contributes significantly to India's GDP and manufacturing output.

As per government data, the share of MSMEs in GDP grew from 29.7% in 2017-18 to 29.1% in 2021-22. Their contribution to manufacturing output reduced marginally from 37....

The Government e-Marketplace (GeM) has recorded a Gross Merchandise Value (GMV) of Rs 3 lakh crore within 11 months of 2023-24 fiscal year, surpassing last year's GMV of Rs 2 lakh crore.

Conceptualized under PM Modi's vision of 'Minimum Government, Maximum Governance', GeM was launched in 2016 to provide transparent and efficient public proc...

Union Minister of Education, Dharmendra Pradhan, inaugurated the two-day 100 Cube Start-up Conclave at IIT Bhubaneswar's Research and Entrepreneurship Park (REP)

In his address, Pradhan emphasized providing an enabling ecosystem for talented youth with a whole-of-society approach. He stated that initiatives like 100 Cube Odisha ...

LEAD Group Inducts Industry Stalwarts into Its Leadership Team

Mumbai - LEAD Group, India’s leading School Edtech unicorn, has announced that it has appointed seasoned leaders Arvind Singhal and Arpit Jain as Chief Growth Off...

Vijay Shekhar Sharma - PayTM a saga of success and controversies

The problems of fintech Paytm, founded by Vijay Shekhar Sharma, are not going away. Taking tough action against Paytm Payments Bank, the Reserve Bank of India (RBI) has...

Credit Guarantee Fund Trust (CGFT) sets record in FY 2023-24

The financial year 2023-24 was unprecedented for Micro and Small Enterprises (MSEs). Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has provided a...

UPI is Now Accepted in France

Mumbai/Toulouse, 2nd February 2024: NPCI International Payments Limited (NIPL) in partnership with Lyra, a French leader in securing e-commerce and proximity payments, ...

The interim budget 2024 extends tax benefits for Startup World

1st February, New Delhi. The interim budget for 2024-25 has proposed to extend the tax benefit offered to startups, sovereign and pension funds, and certain investment ...

Tata Power Renewable Energy Limited Lights up Asia’s Largest Tea Estate with Innovative Solar Power Technology

The first-ever installation of on-ground bifacial modules captures sunlight from both sides of the panels, leading to increased energy generation. Generate an estimated...

Vice President Applauds Jammu & Kashmir's Startup Surge: Embracing Biotech Revolution and Entrepreneurial Triumphs

In a resounding address at the Expo on "Emerging Start-Up Trends in North India", the Vice President Shri Jagdeep Dhankhar celebrated the transformative strid...

Dharmendra Pradhan and Yogi Adityanath Unveil Educational Renaissance: Launch 928 PM SHRI Schools in Lucknow

In a historic stride towards transforming the educational landscape, Union Minister for Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan,...

NHPC Pioneers Green Energy Revolution: Inks Rs. 4,000 Crore Deal for 750 MW Kuppa Pumped Hydro Storage Project with Gujarat Power Corporation Limited

In a groundbreaking move towards sustainable energy solutions, NHPC, India's premier hydropower company, has taken a giant leap by signing a Memorandum of Understan...

PM Vishwakarma and UAP Propel MSME Growth: Ministry of MSME's Impactful Review 2023

In a significant stride towards bolstering the Micro, Small, and Medium Enterprises (MSME) sector, the Ministry of MSME conducted a comprehensive review for the year 20...

D2C Fashion Boom: India's $100 Billion Market Targets Innovation-Hungry Consumers

India's burgeoning direct-to-consumer (D2C) market, poised to hit $100 billion by 2025, has experienced exponential growth in recent years, fueled by factors such a...

Fueling Growth: India's MSME Sector Attracts Foreign Investments Amidst Robust Government Initiatives

In a bid to boost the Micro, Small, and Medium Enterprises (MSME) sector, the Ministry of MSME in New Delhi highlights its investor-friendly policies, facilitating Fore...

Udyam Registration Portal Soars with 15.5 million Employments, Khadi and Village Industries Lead 'Vocal for Local' Surge

As of December 8, 2023, the Udyam Registration Portal has witnessed a significant milestone, recording a total employment of 15,55,17,930 since July 1, 2020, including ...

Empowering Innovators: India Boosts MSME Sector with Robust R&D Initiatives

In a significant move to catalyze innovation and transform ideas into marketable products, the Government of India has championed Research and Development (R&D) in ...

CGTMSE Catalyst: Empowering 78 Lakh MSMEs Through Credit Guarantee Impact

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has significantly impacted the Micro and Small Enterprises (MSMEs) landscape by approving and e...