26 jul’22 ,TUESDAY In total, Apple sold more than 1.2 Mn iPhones in the country in the second quarter of 2022, representing a 94% YoY growth The growth was largely led by sales of iPhone 12 and iPhone 13: CMR Apple iPad shipments surged 34% YoY, with the company selling 2 Lakh devices in the …
Apple Shipped 1 Mn ‘Made In India’ iPhones In Q2; iPhone 12, 13 Lead Sales: Report Read More »
26 jul’22 ,TUESDAY Reliance Jio, Airtel, Vi and Adani can bid up to 9X of their deposits; thus bidding INR 1.26 Lakh Cr, INR 49,500 Cr, INR 19,800 Cr and INR 900 Cr, respectively With Vi’s continuing financial struggles, the telecom company is not expected to spend much during the auction While Reliance Jio is …
5G Auction: Jio, Airtel, Voda Idea & Adani Ready War Chest For INR 1.9 Lakh Cr Bidding Read More »
26 jul’22 ,TUESDAY The fund will invest up to INR 3 Cr per startup, primarily in segments such as fintech, healthTech, edtech, foodtech, consumertech, D2C and EVs Peaceful Progress will look to fund 15-20 early-stage startups in the next three to four years The fund raised the initial corpus from more than 15 angel investors …
Peaceful Progress Announces First Close Of INR 50 Cr Fund For Early-Stage Startups Read More »
26 jul’22 ,TUESDAY Community-led crypto trading platform Crypso has raised $3 million (about Rs 24 crore) in seed funding from Hashed Emergent, Athera Venture Partners, Better Capital, and Whiteboard Capital. Prominent angel investors, including Polygon founders Sandeep Nailwal and Jaynti Kanani, and Cred founder Kunal Shah, also participated in in the round. Founded earlier this …
Crypto trading platform Crypso raises $3 million in funding from Hashed Emergent, others Read More »
25 jul’22 ,MONDAY Retail ecommerce management platform CommerceIQ has acquired UK-headquartered digital shelf analytics (DSA) provider e.fundamentals. CommerceIQ provides software to brands to help them perform better on ecommerce platforms such as Amazon. CommerceIQ became the 12th Indian startup unicorn of this year in March when it raised $115 million in funding led by SoftBank …
Ecommerce SaaS startup CommerceIQ acquires DSA provider e.fundamentals Read More »
25 jul’22 ,MONDAY Auto financing start-up Moove on Monday announced its entry into the Indian market with the launch of operations in Mumbai, Hyderabad and Bengaluru. The company, which is Uber’s largest vehicle supply partner in Europe, the Middle East and Africa, has launched operations in the country as part of its global expansion. Nigeria-born …
Auto financing startup Moove forays into Indian market Read More »
25 jul’22 ,MONDAY Before 10 AM on Monday (July 25), the shares had bottomed out at INR 46.05 apiece, the lowest-ever price Zomato’s market cap has fallen to INR 36,195 Cr ($4.54 Bn), well below its last private valuation of $5.4 Bn Zomato recorded INR 1,222.5 Cr in losses in FY22, 50% higher than INR …
Zomato M-Cap Falls Below $5 Bn, Share Price Hits Record Low Of INR 46 Read More »
25 jul’22 ,MONDAY Under the second fund, Xponentia will invest up to INR 100 Cr in 8-10 startups Xponentia is planning to raise an additional INR 750 Cr for the final closure of the fund It invests in startups that work in finance, healthcare, consumer and B2B sectors Private equity company Xponentia Capital Partners has …
Xponentia Capital’s Second Fund Raises INR 365 Cr To Back 8-10 Startups Read More »
25 jul’22 ,MONDAY Online learning platform for kids Creative Galileo on Thursday announced it has raised $7.5 million in a funding round led by Kalaari Capital, Affirma Capital, East Ventures, Valiant Employee Investment Fund, and angel investors. The Series A round brings its valuation to $40 million, which is over three-fold higher compared to its …
Creative Galileo, an edtech platform for kids, raises $7.5M in a Series A round Read More »
25 jul’22 ,MONDAY The goal of the report was to promote and appreciate sub-ecosystems that are creating jobs and livelihood opportunities with indigeneity at creativity level Karnataka has been the top state receiving over 45% of the total FDI in the country and raising over $21 Bn in startup funding in 2021 Apart from investment, …
Rise In Domestic Funding & FDI Inflow Make Karnataka First On India Innovation Index Read More »