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Amod Malviya, a co-founder of the B2B marketplace Udaan, has launched a new business called Pre6 two months after leaving Udaan's board. Malviya shared an announcement on LinkedIn that reads, "New beginnings!" and included a photo of the founding team. To incorporate the new Bengaluru-based firm,
The Indian startup environment is steadily improving in 2024 after plunging to a seven-year financing low during the extended funding winter of 2023. At $12 billion, the total amount of money raised by Indian entrepreneurs increased 20% year over year (YoY), reaching levels last observed in 2020. The main highlight
According to a media outlet, Kabeer Biswas, a cofounder of the hyperlocal delivery service Dunzo, is expected to become the chief of operations at Flipkart Minutes. Following the departure of numerous other cofounders, including Mukund Jha, Dalvir Suri, and Ankur Agarwal, in recent months, Dunzo has been going through a
Ayush Mathur, an early team member of the hotel and travel-tech company OYO, and Mayank Kumar, an education leader and co-founder of upGrad, have joined forces as co-founders to develop BorderPlus, a talent mobility platform that links blue-collar workers to opportunities throughout the world. After working at the Parthenon Group
Resilient Innovations, the parent company of fintech giant BharatPe, is apparently seeking to sell its ownership of Unity Small Finance Bank (Unity SFB). According to a media report, which cited people familiar with the situation, the business is considering selling 25% of its bank holding in order to earn $800
According to many news sources, Reliance Retail, the biggest shareholder in the struggling hyperlocal firm Dunzo, has wiped off its $200 million investment in the business. Following the company's liquidity crunch and withdrawal from rapid commerce during the last 24 months, Reliance is also not engaged in any
According to a media outlet, Zepto, a quick commerce platform, is expected to submit its initial public offering (IPO) draft papers in March or April of this year. The delivery company has already obtained the necessary authorisations to relocate its headquarters from Singapore to India. The business stated that the
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This article has been contributed by Ishan Sahni, Co-Founder & CEO, Comswoms Media. As we conclude 2024 with valuable marketing insights; we turn our focus to 2025, a year that promises to be shaped by transformative trends driven by technological progress, strategic brand growth, and shifting consumer habits. With technology
In an effort to further promote the third-largest startup ecosystem globally, the recently established Startup Policy Forum (SPF) has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT). Through this partnership, the two organisations hope to increase manufacturing capacity in India, promote innovation, accelerate technology adoption, and
According to various media reports, Zepto, the unicorn of rapid commerce, has established Zepto Marketplace Private Limited as a new company to streamline its business practices before going public later this year. Currently, the business uses a business-to-business (B2B) form of operation. Under a licensing arrangement for consumer-facing sales, its
For small and medium-sized businesses (SMEs) in the industrial and infrastructure industries, the Gurugram-based B2B marketplace OfBusiness has introduced Nexizo, a new AI-powered discovery tool. Through the use of cutting-edge AI technology, the platform seeks to expedite procurement procedures, simplify the process of finding qualified buyers, and offer market insights
Amarendra Sahu, the co-founder and former CEO of the home renting platform NestAway, has taken an uncommon step for a startup founder by filing a criminal lawsuit against his fellow co-founders Jitendra Jagadev and Smruti Parida, as well as lead investors Tiger Global, Goldman Sachs, and Chiratae Ventures. In his