Press Room

Nexus Venture Offloads 5.97% Stake in India Shelter Finance, Shares Drop 7.81%

Gurugram-based India Shelter Finance Corporation (ISFC) has seen a notable transaction as Nexus Venture Partners, its largest shareholder, sold a 5.97% stake for ₹482 crore via open market transactions. The shares were sold through two bulk deals on the...

Redcliffe Labs Secures $42M in Series C Funding, Aims for Tier II & III Expansion

Redcliffe Labs, an omnichannel diagnostics provider, has successfully raised $42 million in its Series C funding round, led by Denmark-based IFU, which contributed $20 million. Existing investor LeapFrog added $15 million, while HealthQuad and Spark Growth Ventures also participated.This...

How the OTT Industry Has Transformed Entertainment in India and Globally

The Over-the-Top (OTT) industry has revolutionized the way we consume entertainment, ushering in a new era characterized by on-demand access and diverse content. This transformation has significantly impacted both urban and rural audiences, redefining traditional media consumption and bridging...

MeitY Unveils Second Cohort of Samridh Scheme to Accelerate 125 Startups

The Ministry of Electronics and Information Technology (MeitY) has launched the second cohort of the Startup Accelerators of MeitY for Product Innovation, Development, and Growth (Samridh) scheme, aimed at supporting 125 promising startups. This initiative seeks to accelerate the...

Piyush Goyal Proposes Industry-Led Non-Profit for Start-Up India Initiatives

Commerce and Industry Minister Piyush Goyal has proposed the creation of a non-profit company to consolidate all initiatives under the Start-Up India program, with the goal of streamlining efforts to support the country's thriving startup ecosystem. Speaking at the...

DailyObjects Secures ₹86 Crore Funding in Major Round Led by 360 One Ventures

Gurugram-based Direct-to-Consumer (D2C) lifestyle and tech accessories brand, DailyObjects, has successfully raised ₹86 crore (over $10 million) in a recent funding round led by 360 One Ventures. This investment marks the company’s first significant funding infusion in 30 months.The...

US Lenders Reject Byju Raveendran’s Debt Claims, Demand Full Repayment

US lenders, represented by Glas Trust, have strongly rejected claims made by Byju Raveendran, founder of Think and Learn (TLPL) and owner of BYJU’S, regarding the company's debt obligations. Raveendran recently asserted that BYJU’S has a verified debt of...

Max Healthcare Acquires 64% Stake in Jaypee Healthcare for ₹1,660 Crore

Max Healthcare Institute Ltd., a prominent healthcare services provider based in New Delhi, has entered into a strategic partnership with Lakshadweep Group, the promoter group of Jaypee Healthcare Limited (JHL), which is currently under the Corporate Insolvency Resolution Process....

COLORS Gujarati Unveils RangRatri 2024 with ‘Assal Navratri’ Theme

Navratri 2024 is set to become more exciting and colorful with the return of RangRatri 2024, the highly anticipated second season of COLORS Gujarati’s Navratri celebration. Starting on October 3, the festival brings together the traditional essence of Gujarati...

Viacom18 Launches ‘Perks Against Mundanity’ to Revolutionize Employee Benefits

In a groundbreaking move, Viacom18 has unveiled Perks Against Mundanity, an industry-first employee benefits program aimed at increasing engagement and satisfaction through a game-inspired format. This initiative reflects the company's people-first philosophy, transforming standard benefits into an interactive journey...

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X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities

In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...
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