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With a goal of 10 million lives covered by 2025, insurtech platform Plum has announced that it will invest $6 million over the course of the next 24 months to enter the personal insurance market. Atul Mishra has been selected to lead the sector. Plum said in the news release
According to a prominent media outlet, Vishesh Khurana, a cofounder of Shiprocket, has been appointed as an advisor by San Francisco-based cryptocurrency trading platform Kraken, which is planning to relaunch its services in India. According to the report, Khurana will oversee Kraken's operations in India. According to reports,
Majorana 1, the first quantum chip in the world constructed using a novel Topological Core design, was unveiled by Microsoft. This invention is a major step towards creating quantum computers that can solve challenging real-world issues in a matter of years as opposed to decades as previously predicted. Utilising the
In a Series B fundraising round headed by Ektha.com, Bengaluru-based pet food company Dogsee Chew has raised $8 million (INR 69.4 crore), with participation from Shivanssh Holdings and the Poddar Family office. The money will be used by the manufacturer of natural pet treats to increase production capacity
In order to improve collaboration in the exploration and exploitation of vital minerals, especially lithium, Argentina and India have formally established a partnership. According to a press release from the ministry, the deal was signed on February 19, in front of Raúl Alejandro Jalil, the governor of Catamarca, Argentina, and
On February 17, the Enforcement Directorate (ED) temporarily seized INR 10.63 crore in real estate in accordance with the Prevention of Money Laundering Act (PMLA), 2002. The late Amit Bhardwaj is the owner of these assets. According to the agency's statement on 19 February, the attached properties
The telecom departments of Andhra Pradesh and Maharashtra have fined telecom major Bharti Airtel around INR 8 lakh. Bharti Airtel stated in an exchange filing on February 20 that it has been fined INR 6.59 lakh by the Andhra Pradesh telecom department for allegedly violating subscriber verification standards. The
According to reports, the financially troubled The Good Glamm Group (GGG) is in negotiations to sell digital media platform ScoopWhoop to marketing firm Wubba Lubba Dub Dub (WLDD). According to a media report, WLDD has provided a term sheet, and due diligence is presently being conducted. The report went on
The newest model in the iPhone 16 series, the iPhone 16e, has been released in India by iPhone manufacturer Apple. Pre-orders for the February 19-launched iPhone 16e will open in 59 countries, including India, on February 21. According to the business, the newest smartphones will go on sale on February
On 21 February, as the standoff between the striking workers and management approached its fifteenth day, Samsung India claimed that a group of workers attempted to disrupt operations at its Sriperumbudur plant, and now the company has asked the Tamil Nadu government for assistance in ensuring smooth operations. Maintaining a
According to reports, the Center's soon-to-be-notified electric vehicle (EV) policy will require foreign automakers to allocate just 5% of their overall foreign investment in the nation to the development of charging infrastructure. The measure is intended to guarantee that EV manufacturers invest more in vehicle manufacturing rather than
About $1.5 billion worth of cryptocurrency tokens were taken from Bybit by hackers in what the digital asset exchange called the worst crime in the history of the sector. The CEO of Bybit, Ben Zhou, said in a post on X that Ethereum tokens were being stolen from the
According to a news agency, Kerala Chief Minister Pinarayi Vijayan has outlined a bold strategy for the state's startup ecosystem, aiming to generate 1 lakh jobs through 15,000 new businesses by 2026. In his opening remarks at the Invest Kerala Global Summit (IKGS) in Kochi, he stated
In an attempt to increase its footprint in India, Meta is establishing a new office in Bengaluru and is currently searching for artificial intelligence product and engineering positions in the city. Major tech companies like Google, Microsoft, and Amazon have already begun establishing engineering and product teams in Bengaluru and
According to reports, Delta Electronics, a Taiwanese power and energy management company, is spending $500 million to increase its footprint in India. According to a top official who spoke with a media agency, the investment, which was made public in 2015 as part of the "Make in India"
By giving angel funds access to a larger pool of accredited investors, the Securities and Exchange Board of India (SEBI), the market watchdog, hopes to broaden the definition of qualified institutional buyers (QIB). The SEBI further suggested lifting the angel fund restriction of 200 investors in its February 21 consultation
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If you're considering venturing into the fashion industry and want to explore the world of clothing brand franchises, you're in the right place. India's retail sector is thriving, and clothing franchises offer a lucrative opportunity to tap into this booming market. Clothing franchises have
Elon Musk-led electric vehicle manufacturer Tesla is allegedly finalising two locations for its showrooms in Delhi and Mumbai, marking another milestone in the company's efforts to establish a foothold in India. According to sources cited by an international news agency, the company has decided on locations for its
A mobile application developed by the Reserve Bank of India (RBI) will provide users with access to over 11,000 distinct sets of economic data about the Indian economy. The RBIDATA app allows users to download statistics for analysis and includes information on data source, unit of measurement, frequency, and
Triptronic is a cutting-edge app developed by Aravam Tech Solutions Pvt Ltd to meet the increasing need for tech-driven, eco-friendly, and effective employee transportation solutions for companies. During the launch ceremony, the brand demonstrated how Triptronic combines electric vehicles, cutting-edge technology, and real-time updates to provide a holistic solution catered
One-Time Mandate (OTM) via the Unified Payments Interface (UPI) is now permitted for insurance businesses by the Insurance Regulatory and Development Authority of India (IRDAI). Policyholders will be able to block money in their bank accounts for particular transactions thanks to this function. According to IRDAI, funds are transferred from
Through its Indian distributor, Redington (India) Limited, SaaS fintech giant Zaggle has teamed up with Google to launch a scheme that would increase business productivity while giving staff members access to high-end technology through structured lease alternatives. By integrating with Zaggle's employee benefits plan, this application, Smart Employee
Prior to its anticipated 2026 IPO, the firm that makes Bira 91 beer rebranded itself from B9 Beverages Private Ltd. to B9 Beverages Ltd. According to a media report, the company had to write off INR 80 crore in inventory and cease sales for a few months as a result
According to a media outlet, the Department of Telecommunications (DoT) has ordered all social media companies, including Meta, Instagram, Google, and X, to take down particular apps or content that help users commit violations of the Telecommunications Act of 2023. This warning comes after some social media influencers were reported