Noida Mirror & News Magazine & : Startup

HealthKart raises $153 million from ChrysCapital, Motilal Oswal Alternates

Editor — Thu, 28 Nov 2024 15:05:39 +0530

HealthKart also announced an employee ESOP buyback worth Rs 55 crore, the company's first liquidity event

Wardwizard partners with SpeedForce to boost Joy e&bike service, reach

Editor — Thu, 28 Nov 2024 15:05:38 +0530

SpeedForce, which operates in over 350 locations and services around 150 vehicles per outlet monthly, will now provide sales and service support for Joy e-bikes

The Good Glamm Group completes 100% acquisition of The Moms Co

Editor — Thu, 28 Nov 2024 15:05:38 +0530

This comes on the heels of the group's completion of its Sirona transaction and increases in shareholding in other portfolio brands Organic Harvest and Winkl

Reliance&backed Addverb to launch next&gen humanoid robots in 2025

Editor — Thu, 28 Nov 2024 15:05:37 +0530

Founded in 2016, Addverb provides smart end-to-end robots for warehouses and industrial automation

''From back&office sites, Indian GCCs becoming innovation hubs now''

Editor — Thu, 28 Nov 2024 15:05:36 +0530

India's global capability centres (GCCs) are projected to become a $100 billion industry by 2030, employing over 2.5 million professionals, according to industry data

Insurtech firm Zopper raises $25 mn in to ramp up its digital infra

Editor — Thu, 28 Nov 2024 15:05:36 +0530

The funds will also accelerate growth in the firm's current bancassurance offerings and enhance its post sales and servicing capabilities for Zopper's device and appliance protection businesses

Quick commerce major Zepto is India's most funded startup in 3 years

Editor — Thu, 28 Nov 2024 15:05:35 +0530

IPO-bound company has raised $1.35 billion in 2024

Crypto or not: Industry to focus on user protection, licensing regime

Editor — Thu, 28 Nov 2024 15:05:34 +0530

A consultation paper on the crypto sector is expected to suggest clarity on regulations after WazirX breach, says CoinSwitch co-founder

MakeMyTrip launches multi¤cy payment options to boost inbound tourism

Editor — Thu, 28 Nov 2024 15:05:34 +0530

The new payment feature enables users to pay for flights and hotel bookings in major global currencies, including the US dollar, Euro, British pound, and more

Co&living startup Truliv debuts in Bengaluru with nearly 1,000 beds

Editor — Thu, 28 Nov 2024 15:05:33 +0530

Adopting a cluster-based growth approach, Truliv plans to expand its operations by adding 1,500 more beds over the next 18 months, bringing its total to 2,500 beds

GenAI startups see 3.4x funding surge in September quarter: Nasscom

Editor — Thu, 28 Nov 2024 15:05:32 +0530

In Q2 FY24, the total funds raised stood at $15 million across nine rounds, driven primarily by enterprise applications and Agentic AI

ShopDeck raises $8 mn to support sellers across Tier&II,&III cities

Editor — Thu, 28 Nov 2024 15:05:32 +0530

This capital will drive ShopDeck's mission to empower small and mid-sized businesses, many of which are emerging brands exploring D2C for first time, to achieve profitability and scale

Bengaluru startup EMOBI unveils low&speed 2W with multipurpose battery

Editor — Sat, 16 Nov 2024 16:05:40 +0530

With this launch, EMOBI aims to capture 20-25 per cent of the market share in India's B2B last-mile delivery sector over the next three years

WazirX reports 40% assets dip in reserves after July security breach

Editor — Sat, 16 Nov 2024 16:05:40 +0530

The decline in WazirX's holdings comes as the firm undergoes restructuring after a cyberattack led to the theft of over $230 million in July

Fintech major BharatPe rolls out investment platform 'Invest BharatPe'

Editor — Sat, 16 Nov 2024 16:05:39 +0530

The Delhi-based fintech launched digital gold in partnership with Safegold, enabling customers to purchase and sell gold digitally

Zinc raises $25.5 million in seed funding from Nexus Venture Partners

Editor — Sat, 16 Nov 2024 16:05:38 +0530

The funding will enable Zinc to drive product innovation and expand its offerings

EvoluteIQ secures $20 million funding to fuel growth and innovation

Editor — Sat, 16 Nov 2024 16:05:38 +0530

This funding will support EvoluteIQ's plan to enhance its AI automation platform and expand operations globally

BLive EZY deploys 1,000 premium electric vehicles to cater festive demand

Editor — Sat, 16 Nov 2024 16:05:37 +0530

BLive EZY on Wednesday said it has deployed 1,000 units of premium EVs to cater to the festive demand in the quick commerce segment. As the festive season drives a surge in online shopping, India's quick commerce market is set for exponential growth, Blive EZY said. Moreover, during peak times, consumers expect their orders in as little as 10-15 minutes, making ultra-fast delivery essential, it added. "With festive demand for quick commerce deliveries at an all-time high, BLive EZY has deployed 1,000 premium electric vehicles (EVs) tailored to meet the dynamic requirements of this growing industry," it said. "Our customised EV fleet solution is a perfect answer that addresses both the rapid delivery challenges of today's consumers and the sustainability goals of modern businesses," said Samarth Kholkar, CEO and co-founder of BLive. Driven by platforms like Swiggy Instamart, Blinkit, and Zepto, the sector is projected to reach USD 5.5 billion by 2025, according to the strategy ...

BS BFSI Summit: 'Higher PE/VC funding boosts governance excellence'

Editor — Sat, 16 Nov 2024 16:05:36 +0530

Bain Capital's Kotecha highlighted that the strongest indicator of PE's value is the long-term track record and measurable impact on portfolio companies

Spot AI secures $31 mn, launches Video AI Agents for enhanced surveillance

Editor — Sat, 16 Nov 2024 16:05:36 +0530

Video AI Agents transform cameras from passive observers into proactive problem solvers and can autonomously identify issues and trigger responses without the need for human intervention

UnifyApps raises $20 mn Series A to deliver AI agents across enterprise

Editor — Sat, 16 Nov 2024 16:05:35 +0530

UnifyApps integrates deeply with all SaaS applications within an enterprise, making it easy for enterprises to view and manage all their data in a single place

Supply chain startup Zetwerk considers raising $1 billion through IPO

Editor — Sat, 16 Nov 2024 16:05:34 +0530

Zetwerk's technology platform helps connect suppliers and customers in areas such as aircraft engine manufacturing, consumer electronics and home appliances

Odisha startup Bon V Aero launches fully autonomous drone logistics service

Editor — Sat, 16 Nov 2024 16:05:34 +0530

An Odisha-based startup Bon V Aero has launched a fully autonomous logistics drone service called Air Orca. The launch of the drone service was made in the presence of venture capitalist Tim Draper. "Today's launch of Air Orca marks an important advancement for India's logistics sector and for us as an Odisha-based company", said Satyabrata Sathapathy, CEO of Bon V Aero said on Saturday. "Developing and manufacturing this drone indigenously has allowed us to tailor it for India's specific needs. Tim Draper's support strengthens the impact of this launch, and we are grateful for his involvement as we aim to extend Air Orca's benefits to both civilian and defence applications across India," Sathapathy said. Tim Draper said: "It's exciting to witness the launch of Air Orca here in Odisha. Autonomous drones like Air Orca provide practical solutions for modern logistics by expanding reach, flexibility and reliability with myriad use cases from disaster response to high-altitude operatio

Razorpay launches venture investment programme in partnership with VCs

Editor — Sat, 16 Nov 2024 16:05:33 +0530

Early-stage ventures could see potential fundraising of up to $1 million as part of the programme

Ola Electric wrongly claims to solve service issues, CCPA initiates probe

Editor — Sat, 16 Nov 2024 16:05:32 +0530

The National Consumer Helpline has reportedly received over 10,000 complaints against Ole Electric regarding product quality and after-sales service in the past year

Startups are like upstarts, they end up burning strategy: Rajiv Bajaj

Editor — Sat, 16 Nov 2024 16:05:32 +0530

The biggest difference between established brands and many startups and is while the former build strategy, brand, and technology, the latter are more like upstarts that end up burning the same things, Bajaj Auto Managing Director Rajiv Bajaj said on Thursday. "There are three terminologies here. Startup; then there is a word which I like to call most of them, which is upstart. Then us, the winners or the champions," Bajaj said while speaking at the CNBCTV18 Global Leadership Summit here. He said those who enter a market without a strategy are "upstarts" and end up burning everything -- from their brand and technology to products. "Upstarts are those who don't have a build-strategy. They have a burn strategy. They burn technology -- their batteries. They burn brands by reducing price every month. They burn products in their factory, in the trucks, at the dealerships, on the road," he said. On the contrary, he said, "startups are those who have built a strategy. They build technolog

Drone startup Airbound raises $1.7 million funding, to focus on deliveries

Editor — Sat, 16 Nov 2024 16:05:31 +0530

Airbound will deploy its R&D efforts to initially focus on medical deliveries and then expand into other areas such as food and groceries

Vecmocon raises $10 million in the first phase of Series A funding

Editor — Sat, 16 Nov 2024 16:05:30 +0530

The vehicle intelligence firm will use the funding to expand its reach in various market segments, including electric two-wheelers, three-wheelers, light commercial vehicles (LCVs), and buses

Niti Aayog's WEP partners with Urban Company for women empowerment

Editor — Sat, 16 Nov 2024 16:05:30 +0530

Niti Aayog's Women Entrepreneurship Platform (WEP) has partnered with Urban Company to empower women salon and beauty parlour owners, an official statement said on Friday. According to the statement, WEP, under its award-to-reward initiative, launched the pilot to support women MSMEs to scale up their businesses in the beauty and wellness sector. Women entrepreneurs will be offered training across six key ecosystem needs, including skilling, legal and compliance, access to finance, market, and business development services, along with mentorship and networking, it added. A baseline study conducted by MicroSave Consulting identified four key sectors with more than 1,00,000 women MSMEs -- beauty & wellness, textile manufacturing, retail trade and food & beverages. The statement said this pilot initiative aims to develop process templates by leveraging insights and learnings gathered through the programme and upscaling women MSMEs nationwide. Urban Company will spearhead the ...

Early bird result for Q2FY25 signals a continued slowdown in India Inc

Editor — Sat, 26 Oct 2024 13:32:22 +0530

7% top-line growth in Q2 slowest in 5 qtrs; bottom-line expands 5%

Dairy&tech startup Stellapps raises $26 million in series C funding

Editor — Sat, 26 Oct 2024 13:32:21 +0530

Stellapps' dairy-tech is deployed in over 42,000 villages, enabling the movement of more than 14 million litres of milk every day

Zomato's CEO Deepinder Goyal launches health, wellness startup 'Continue'

Editor — Sat, 26 Oct 2024 13:32:21 +0530

Goyal, who has long expressed interest in health and wellness, has previously invested $10 million in Alpha Wave-backed Ultrahuman-a startup that makes health tracking wearables

WazirX moved over $73 million crypto after data breach: CoinSwitch

Editor — Sat, 26 Oct 2024 13:32:20 +0530

While WazirX did not deny the allegation in its official statement, it added that CoinSwitch should instead provide users real-time tracking tracking of proof of reserves and wallet addresses

Sharad Sanghi's AI cloud startup Neysa raises $30 mn in Series A funding

Editor — Sat, 26 Oct 2024 13:32:19 +0530

This investment builds on Neysa's successful $20 million seed round earlier this year

Great Learning registers 23% revenue growth at $118 million in FY24

Editor — Sat, 26 Oct 2024 13:32:19 +0530

EdTech company Great Learning on Monday said it has registered a 23 per cent year-on-year growth in revenue to USD 118 million (about Rs 992 crore) in the financial year 2024. The company said it has registered growth on account of upskilling demand for artificial intelligence and business gains in the US and Europe. "Revenue was USD 118 million, and both EBITDA and net profit were positive for the fiscal year," the company said in a statement. Great Learning was acquired by Byju's in 2021. In Oct 2023, its financial lenders took control of Byju's ownership in Great Learning to safeguard and protect it, the statement said "The company's noteworthy performance in FY24 comes on the back of its emergence as a leading global provider of AI upskilling while maintaining a sharp focus on profitability. Great Learning continues to see robust growth in international markets, such as North America and Europe," the statement said. Founded 11 years ago, Great Learning offers professional ...

CCPA orders Ola to offer refund choices, provide auto ride receipts

Editor — Sat, 26 Oct 2024 13:32:18 +0530

The Central Consumer Protection Authority (CCPA) has directed ride-hailing platform Ola to implement consumer-friendly changes, including offering refund options and providing receipts for auto rides, the regulator said on Sunday. The CCPA, led by Chief Commissioner Nidhi Khare, observed that Ola's no-questions-asked refund policy only provided coupon codes for future rides, without giving consumers a choice for bank account refunds. "This (practice) violates consumer rights," the CCPA said in a statement. "The no-question-asked refund policy cannot mean that the company incentivises people to simply use this facility for taking another ride." The regulator also mandated Ola to issue bills or invoices for all auto rides booked through its platform, citing the absence of such documentation as an "unfair trade practice" under the Consumer Protection Act, 2019. Following the CCPA's intervention, Ola has implemented several changes, including displaying contact details of grievance an

India's startups need more than growth; focus on governance also crucial

Editor — Sat, 26 Oct 2024 13:32:17 +0530

Some of the most prominent startups are struggling to build the governance structures they need to handle their rapid growth

Avaana raises $135 mn for climate fund to fuel climate&tech startups

Editor — Sat, 26 Oct 2024 13:32:17 +0530

Avaana Capital, India's climate-focused venture capital firm, has managed to infuse Avaana Climate and Sustainability Fund with USD 135 million, thanks to support from renowned institutional investors, including the Green Climate Fund (GCF), said a senior official from the company on Wednesday. In a press statement, Anjali Bansal, partner at Avaana Capital, said, "The support we've received from leading global and domestic institutional investors underscores the importance of innovation in driving climate action and delivering long-term impact. The Avaana Climate & Sustainability Fund will help build the next generation of climate-first companies to transform key sectors and make meaningful progress toward a sustainable future." According to her, the fund focuses on three core sectors that account for 90 per cent of India's carbon emissions: Energy and Resource Management, Mobility and Supply Chains, and Sustainable Agriculture and Food Systems. Bansal said India is one of the ...

WazirX reports 40% asset decline in first PoR after July security breach

Editor — Sat, 26 Oct 2024 13:32:16 +0530

The decline in WazirX's holdings comes as the firm undergoes restructuring after a cyberattack led to the theft of over $230 million in July

Zepto in talks to raise $100&150 mn from domestic investors ahead of IPO

Editor — Fri, 18 Oct 2024 13:32:44 +0530

In the past 14 months, Zepto has raised over $1.2 billion in funding to strengthen its balance sheet for its stock market debut, expected sometime next year

Optimistic Capital launches India's first microbrewery&focused fund

Editor — Thu, 17 Oct 2024 15:39:23 +0530

India's microbrewery sector is expected to triple by 2030, with over 1,000 microbreweries projected, compared to around 300 in 2024

Visa processing platform Atlys raises $20 million in Series B funding

Editor — Thu, 17 Oct 2024 15:39:22 +0530

The fresh capital will fuel Atlys' expansion strategy, empowering the company to enhance its product and engineering capabilities, enter new markets, and scale operations globally

Indian startup funding dips 7% to $7.6 billion in first nine months of 2024

Editor — Thu, 17 Oct 2024 15:39:21 +0530

Funding rounds declined to 1,036 from 1,579 during the same period, according to data from market intelligence platform Tracxn's India Tech 9M 2024 report

Nurix AI raises $27.5 mn in funding round led by Accel, General Catalyst

Editor — Thu, 17 Oct 2024 15:39:21 +0530

Startup founded this year will use the financing on technology and business expansion

Pepsales raises $1.1 million in a round led by Chiratae Ventures

Editor — Thu, 17 Oct 2024 15:39:20 +0530

The firm said it is targeting the global enterprise application software market, which has an estimated annual sales and marketing expense exceeding $190 billion

Flexible office space operators got $820 mn PE funding since 2017: Report

Editor — Thu, 17 Oct 2024 15:39:19 +0530

Flexible office space operators have received USD 820 million worth private equity funding since 2017 driven by rising demand from corporates, according to Knight Frank. In its report released on Wednesday, real estate consultant Knight Frank India said the Private Equity (PE) investments in India's flexible office space sector have fluctuated significantly. "From 2017 to 2018, investments grew steadily from USD 25 million to USD 49 million, rising sharply to USD 113 million in 2019, driven by investors like CLSA Capital and Peak XV Partners." However, investments fell to USD 11 million in 2020 and USD 6 million in 2021 due to Covid-19, it added. "A resurgence occurred in 2022, reaching USD 595 million, supported by deals from Hillhouse Capital and Actis, but dropped sharply to USD 13 million. In 2024, one deal secured USD 8 million," the consultant said. The report noted that flex-space operators have taken on lease an estimated 52.9 million sq ft (msf) from 2017 to the first hal

Zepto retains first place in LinkedIn's 2024 list of India's Top Startups

Editor — Thu, 17 Oct 2024 15:39:19 +0530

Quick commerce platform Zepto, for the second consecutive year, has been ranked first in LinkedIn Top Startups India List 2024 -- an annual ranking of emerging companies where professionals want to work. The list draws insights from data based on actions of more than 1 billion LinkedIn members globally. It measures startups based on four pillars: employment growth, engagement, job interest and attraction of top talent. Zepto was followed by compliance firm Sprinto and cloud storage management platform Lucidity. "This year's Top Startups list is a true reflection of India's burgeoning entrepreneurial ecosystem. Bengaluru continues to thrive with half of the Top Startups headquartered in the city. "14 startups (out of 20) are new entrants in this year's list and several first-time categories like biofuel, compliance and mental health point to the diversity of career opportunities for professionals eyeing the world of startups," Nirajita Banerjee, Career Expert and Head of Editorial a

Zerodha profit jumps 61.5% in FY24; CEO warns of regulatory challenges

Editor — Thu, 17 Oct 2024 15:39:18 +0530

However, anticipates 30-50% drop in revenue next fiscal due to regulatory headwinds

Startup firm Whatfix raises $125 mn in Series E round led by Warbug Pincus

Editor — Thu, 17 Oct 2024 15:39:18 +0530

Supporting 80+ Fortune 500 companies, Whatfix registered top-decile performance with a 4.5x increase in annual recurring revenue since 2021 round, with new products contributing 15 per cent of revenue

AI healthcare firm Qure.ai completes $65 mn Series D funding round

Editor — Thu, 17 Oct 2024 15:39:17 +0530

The investment will expedite expansion into the US market and other geographies, increase investment into foundational AI models and enable complementary med-tech company acquisitions

LinkedIn's top Indian startups 2024: Zepto leads as India's newest unicorn

Editor — Thu, 17 Oct 2024 15:39:16 +0530

According to a report by Global Data, Indian startups raised around $7.5 billion in venture capital funding from January to August 2024 alone

Top 5 private equity players invested $9 billion in in first half of 2024

Editor — Thu, 17 Oct 2024 15:39:16 +0530

The PE major has invested over $8 billion in the country through more than 30 deals, making it a force to reckon with. It has said it would invest around $5 billion this year in India

Swiggy's quick commerce arm Instamart outpaces food delivery biz growth

Editor — Thu, 17 Oct 2024 15:39:15 +0530

The quick commerce vertical's GOV is already at 40 per cent of food delivery GOV, despite being launched six years later

Wakefit enters Rs 1,000 crore revenue club, returns to Ebitda profitability

Editor — Thu, 17 Oct 2024 15:39:14 +0530

The sleep solutions company records a 24 per cent jump in revenue since the last financial year and remains on track to maintain its growth trajectory

Swiggy Instamart starts 24x7 free delivery in Delhi NCR for festival season

Editor — Thu, 17 Oct 2024 15:39:14 +0530

The quick commerce platform aims to meet growing demand by offering rapid delivery of thousands of products within 10-15 minutes, day and night, in Delhi, Gurgaon, and Noida, the company said

Chennai&based Refex to raise Rs 927 crore through preferential issue

Editor — Thu, 17 Oct 2024 15:39:12 +0530

This funding comes at an opportune time as Refex continues to innovate in logistics for ash management, addressing environmental challenges associated with thermal power plant operations

Swiggy launches 10&minute food delivery service Bolt in six key cities

Editor — Thu, 17 Oct 2024 15:39:11 +0530

Bolt offers popular dishes like burgers, hot beverages, cold beverages, breakfast items, and biryani that require minimum preparation time

Zoom Phone service launched in Pune, to be expanded to other major cities

Editor — Thu, 17 Oct 2024 15:39:11 +0530

Sankarlingam added that, globally, Zoom Phone amassed five customers with over 100,000 seats in Q1 FY25

Exicom acquires US EV charging company Tritium for nearly Rs 310 crore

Editor — Thu, 17 Oct 2024 15:39:10 +0530

Home grown EV charging solutions firm Exicom has acquired US-based DC fast charging technology company Tritium for USD 37 million, or about Rs 310 crore, a senior company official said. Exicom managing director Anant Nahata told PTI that the company is setting up a manufacturing unit in Hyderabad where it will use DC (Direct Current) fast charging technology of Tritium to develop solutions for electric vehicles. The Hyderabad facility is expected to be operational by the end of 2025. "This strategic investment highlights Exicom's robust positioning in international markets and our commitment to expanding operational capabilities across diverse geographies. The comprehensive deal encompassing four key regions'?the UK, the Netherlands, the United States, and Australia'?amounts to USD 37 million," Nahata said. Exicom has absorbed the entire workforce of 300 people at Tritium in the company. "With the integration of Tritium's 300 talented individuals, Exicom will leverage synergies an

Magicpin largest food delivery app on ONDC, logs 150,000 orders daily

Editor — Thu, 17 Oct 2024 15:39:09 +0530

Hyperlocal delivery startup says performance in September proves growing market share in major cities

XDLINX Space Labs raises $7 mn in seed funding from Lucky Investments

Editor — Thu, 17 Oct 2024 15:39:09 +0530

Founded in 2022 in Hyderabad, XDLINX Space Labs aims to make satellite technology accessible to a broader range of clients

60% of unicorn founders in India are first time founders, says study

Editor — Thu, 17 Oct 2024 15:39:08 +0530

29% founder took two attempts to build their first Unicorn

India's regulatory reform could hasten homecoming of IPO&bound startups

Editor — Thu, 17 Oct 2024 15:39:07 +0530

Many of the dozens of Indian startups that once chose to be based abroad for better access to capital and smaller tax bills are now queuing to return home

Beyond business: How Ratan Tata batted for Indian startup ecosystem

Editor — Thu, 17 Oct 2024 15:39:07 +0530

He once said he viewed these investments as a 'learning experience'

Delhi or Bengaluru? Another CEO gives verdict on best city for startups

Editor — Thu, 17 Oct 2024 15:39:06 +0530

Following Zomato CEO Deepinder Goyal's remark on Delhi being a better option for startups, Bombay Shaving Company CEO Shantanu Deshpande has also seconded Goyal

Gaming unicorn Games24x7 looks to branch out as technology platform

Editor — Thu, 17 Oct 2024 15:39:05 +0530

The program will provide mentorship, masterclasses, networking, and funding opportunities, along with credits worth $500,000 from over 30 technology partners

IPO&bound Oyo rejigs its top leadership team with five elevations

Editor — Thu, 17 Oct 2024 15:39:05 +0530

Sonal Sinha, who joined Oyo in 2015, will be responsible for overseeing Oyo's international business operations, revenue, and spearheading strategic initiatives across the US

AI focused robotic startup Perceptyne secures $3 million in seed funding

Editor — Thu, 17 Oct 2024 15:39:04 +0530

Perceptyne operates in the space of AI-driven, semi-humanoid robots for industrial automation

Logistics automation firm Elixia raises $1 mn in funding round led by JIIF

Editor — Thu, 17 Oct 2024 15:39:03 +0530

Logistics automation startup Elixia has raised USD 1 million (about Rs 8.4 crore) in a funding round led by JITO Incubation and Innovation Foundation (JIIF). Other investors include Motilal Oswal (Motilal Oswal Financial Services), Vimal Shah (Bidco Oil), Sparsh Jain (JG Group), Vinod Dugar (RDB Group) and Vimal Khinvasara (WMA Group), Ashok Shah (vtransgroup) and Amit Chandwar (K M Trans Logistics). The company aims to use the new funding to expand in the Middle East, offering advanced logistics solutions for local businesses. This investment will also enhance their product offerings by integrating Generative AI and Machine Learning to boost multimodal visibility and operational efficiency, the company said in a statement. *** Robotics startup Perceptyne raises USD 3 mn * Deeptech robotics startup Perceptyne has raised USD 3 million (about Rs 25 crore) in a funding round led by Endiya Partners and Yali Capital. Whiteboard Capital and other angel investors also participated in t

Payments major PhonePe launches firecracker insurance policy for Diwali

Editor — Thu, 17 Oct 2024 15:39:02 +0530

The plan can be purchased on the PhonePe app and provides coverage to families by insuring up to four family members, including the user, their spouse, and up to two children

Neuron7.ai secures $44 million in Series B led by Smith Point Capital

Editor — Thu, 17 Oct 2024 15:39:01 +0530

The firm operates in Bengaluru and plans to scale operations in India, targeting 10x growth in 2024

Jewellery retailer GIVA raises Rs 255 cr in Series B funding round

Editor — Thu, 17 Oct 2024 15:39:01 +0530

Jewellery retailer GIVA on Monday said it has raised Rs 255 crore in a funding round, as it looks to expand its offline presence and bolster its lab-grown diamond offerings. The extended Series B funding round was led by Premji Invest, Epiq Capital, and Edelweiss Discover Fund, with participation from GIVA's top management. GIVA plans to use the funds for expansion across India and to enable strategic investor exits, the company said in a statement. The round facilitated partial exits for early investors A91 Partners and India Quotient. "Our focus remains steadfast on holding our position as the number one silver jewelry player in the market, while further fortifying our lab-grown diamond segment," GIVA Founder and CEO Ishendra Agarwal said. The company also aims to broaden its gold offerings and consolidate its market presence, Agarwal added. GIVA did not disclose the new valuation or the size of the stakes sold by existing investors.

GenAI start&up landscape witness broad&based growth, crosses 240 in H1 2024

Editor — Thu, 17 Oct 2024 15:39:00 +0530

Net funding addition of $152 million since H1 CY2023, cumulative funding grows over $750 million since 2023, according to Nasscom report

BPEA Credit rebrands to Ascertis Credit, expands focus on Asia markets

Editor — Thu, 17 Oct 2024 15:38:59 +0530

The firm has raised four funds and invested over $1 billion in performing credit, primarily focusing on India and Southeast Asia

Temasek seeks CCI approval to buy stake in foodtech firm Rebel Foods

Editor — Thu, 17 Oct 2024 15:38:59 +0530

Singapore's sovereign wealth fund Temasek Holdings has sought approval from the Competition Commission of India (CCI) for acquiring a stake in foodtech company Rebel Foods. Temasek Holdings, through its arm Jongsong Investments Pte, is acquiring a stake in Rebel Foods -- which owns Faasos, Behrouz Biryani, Oven Story and other cloud kitchens. "The proposed transaction entails the subscription of certain compulsorily convertible preference shares and the acquisition of equity share capital of the Rebel Foods Pvt Ltd (Target)," said a notice filed with the CCI on October 11. The proposed transaction is in the nature of an acquisition of shares, voting rights and falls under the Competition Act, 2002, Temasek said in the notice. "...transaction does not give rise to any competition law concerns irrespective of the manner in which the markets are defined," it added. However, to help fair trade regulator CCI in its assessment of the proposed transaction, Temasek has identified several

Top 10 Must&Visit Places in Noida for an Unforgettable Experience.

parul — Thu, 17 Oct 2024 14:55:43 +0530

Noida, a bustling city in the Delhi-NCR region, is known for its modern architecture, business hubs, and vibrant lifestyle. While it's primarily recognized as a commercial center, Noida also offers a variety of attractions for both locals and tourists. From entertainment parks to serene nature spots, here are the top 10 places to visit in Noida that promise an unforgettable experience.

1. Worlds of Wonder (WOW)

Worlds of Wonder is one of the most popular amusement parks in Noida, perfect for families and thrill-seekers. The park features a wide range of rides, including roller coasters and water slides, as well as a dedicated area for kids. With its vibrant atmosphere and fun activities, WOW guarantees a day filled with excitement.

2. Okhla Bird Sanctuary

Located on the banks of the Yamuna River, the Okhla Bird Sanctuary is a paradise for bird watchers and nature lovers. Home to over 300 species of birds, including migratory birds in winter, the sanctuary offers beautiful walking trails and birdwatching opportunities. It's an ideal spot for those looking to connect with nature.

3. The Great India Place Mall

For shopping enthusiasts, The Great India Place Mall is a must-visit destination. This sprawling mall features a mix of national and international brands, a food court, and a multiplex cinema. It's a perfect place to shop, dine, and unwind with friends and family.

4. Noida Golf Course

If you’re a golf lover or just enjoy spending time outdoors, the Noida Golf Course is an excellent choice. Spanning over 97 acres, this lush green golf course provides a tranquil environment for golfing, walking, or simply relaxing. The beautiful landscapes make it a perfect escape from the city's hustle and bustle.

5. Botanical Garden

The Botanical Garden in Noida is a serene retreat that showcases a variety of plant species and medicinal herbs. With its well-maintained lawns and pathways, it's an excellent spot for picnics, leisurely walks, and enjoying nature. The garden is also a great place for photography enthusiasts.

6. DLF Mall of India

As one of the largest malls in India, DLF Mall of India is a shopping and entertainment hub. It offers an extensive range of brands, from luxury to affordable options, along with a variety of dining experiences. With attractions like a bowling alley and an indoor adventure park, it’s a perfect destination for a day out.

7. ISKCON Noida

For a spiritual experience, ISKCON Noida is a peaceful place to visit. The temple is dedicated to Lord Krishna and offers visitors a chance to engage in prayer, meditation, and cultural programs. The serene environment and beautiful architecture make it a must-visit for those seeking tranquility.

8. Stupa 18 Art Gallery

Art lovers will enjoy a visit to Stupa 18 Art Gallery, which showcases contemporary artwork by Indian artists. The gallery hosts various exhibitions and cultural events, making it a great spot to explore modern and traditional art forms. It’s an excellent place to appreciate creativity and engage with the local art community.

9. Atta Market

For those who love street shopping and trying local delicacies, Atta Market in Sector 18 is a popular destination. The market is filled with shops selling clothing, accessories, and electronics at reasonable prices. Don’t miss the chance to indulge in some delicious street food while you're there!

10. Snow World

Located within DLF Mall of India, Snow World offers a unique indoor winter experience. Visitors can enjoy snow slides, ice skating, and play in the snow, all in a temperature-controlled environment. It’s a fun escape, especially for families looking to beat the heat and experience a winter wonderland.

Noida is more than just a business hub; it’s a city that offers a diverse array of attractions for everyone. Whether you’re an adventure enthusiast, a nature lover, or someone looking to shop and dine, Noida has something for you. So, plan your visit and explore these must-see places for an unforgettable experience!

"Noida Nightlife: 10 Must&Visit Bars and Clubs for an Epic Night Out"

parul — Tue, 08 Oct 2024 14:29:56 +0530

Noida's Best Bars and Clubs: A Guide to Unforgettable Nights

If you're looking for the perfect spot to unwind after a long day or to party the night away, Noida has plenty of exciting bars and clubs to offer. From high-energy nightclubs to cozy lounges and elegant rooftop bars, Noida’s nightlife scene caters to a wide variety of tastes. Whether you're a fan of live music, prefer a quiet drink with friends, or want to hit the dance floor, this guide will help you discover the top 10 bars and clubs in the city. Get ready for an unforgettable night out!

1. Time Machine

One of Noida’s most popular bars, Time Machine offers a retro-industrial vibe with a mix of futuristic design elements. Known for its extensive cocktail menu and live DJ performances, it’s the perfect spot for a fun night with friends.

What to expect: Signature cocktails, live DJ nights, and vibrant décor.

2. Imperfecto Ruin Pub

Located in Gardens Galleria, Imperfecto Ruin Pub is a quirky spot that combines rustic charm with lively entertainment. The rooftop bar offers stunning views, and their eclectic music line-up keeps the crowd energized all night.

What to expect: Bohemian décor, rooftop views, and a mix of music genres.

3. The Irish House

For fans of hearty food and beer, The Irish House is a cozy pub that serves up an authentic Irish experience. With great happy hour deals and a welcoming atmosphere, it’s an ideal spot to start your night.

What to expect: A wide range of beers, hearty pub food, and a laid-back ambiance.

4. Sutra Gastropub

A lively gastropub in Sector 38, Sutra is known for its energetic vibe, great music, and a wide selection of drinks. It’s perfect for those who enjoy live bands and DJs while sipping on expertly crafted cocktails.

What to expect: Live music, creative cocktails, and a youthful crowd.

5. Lord of the Drinks

As one of Noida’s trendiest nightclubs, Lord of the Drinks offers a dynamic party environment. Known for its huge dance floor, signature drinks, and thrilling atmosphere, it’s a must-visit for party-goers.

What to expect: Electric dance floor, signature drinks, and DJ performances.

6. Raasta Noida

Raasta is all about laid-back vibes and good times. With its reggae-inspired ambiance, colorful décor, and chilled-out atmosphere, it’s the ideal place to relax with friends and enjoy great cocktails.

What to expect: Reggae music, unique cocktails, and a relaxed setting.

7. The Smoke Factory

This industrial-style bar offers a mix of good food, craft cocktails, and a party atmosphere. The Smoke Factory is popular for its live performances and DJ nights, making it a go-to destination for a lively night out.

What to expect: Industrial décor, live performances, and delicious cocktails.

8. Skyhouse

Skyhouse is a rooftop bar that offers not just great views but also an eclectic menu and a laid-back atmosphere. It’s perfect for a chill evening with friends or a romantic night out under the stars.

What to expect: Rooftop ambiance, panoramic views, and fusion food.

9. Quantum

For those who love to dance, Quantum is one of Noida’s most iconic nightclubs. It’s famous for hosting international DJs, offering a high-energy dance floor, and an unforgettable party atmosphere.

What to expect: Big-name DJs, a massive dance floor, and an electric vibe.

10. The Beer Cafe – Biggie

Known for its extensive range of beers from around the world, The Beer Cafe – Biggie is the ultimate destination for beer enthusiasts. With its casual vibe and great selection of drinks, it’s a fantastic place to kickstart your night.

What to expect: A huge beer selection, casual ambiance, and relaxed hangout.

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Final Thoughts Whether you’re looking for a place to relax with friends or dance until the early hours, these top 10 bars and clubs in Noida offer something for everyone. From live performances to rooftop views, each venue has its own unique charm that will make your night one to remember. So gather your friends, and explore Noida’s vibrant nightlife scene!

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This content provides a mix of descriptions, what to expect, and a friendly tone to engage readers. Let me know if you'd like to make any adjustments or additions!

Top 10 Innovative Startup Ideas to Launch in Noida

parul — Mon, 07 Oct 2024 20:44:45 +0530

Top 10 Innovative Startup Ideas to Launch in Noida

Noida, one of India's fastest-growing cities, has become a thriving hub for startups and entrepreneurs. With a rapidly developing infrastructure, easy access to talent, and a tech-savvy population, the city offers a fertile ground for innovative business ideas. If you're looking to start a new venture in Noida, here are 10 promising startup ideas to consider.

1. Tech-Based Solutions and SaaS Platforms

With Noida’s proximity to IT hubs like Delhi and Gurugram, launching a Software as a Service (SaaS) platform or providing tech-based solutions for businesses is a great option. Whether it's customer management software, cloud-based solutions, or AI-driven applications, tech startups can find immense opportunities here.

2. E-Commerce and Online Marketplaces

E-commerce continues to dominate the Indian startup ecosystem, and Noida is no exception. You can create niche e-commerce platforms catering to specific sectors like organic products, local artisans, or eco-friendly goods. Leveraging Noida’s strong logistics network will help you scale rapidly.

3. Health and Wellness Startups

The demand for health and wellness solutions has skyrocketed post-pandemic. Startups offering fitness apps, mental health counseling services, or telemedicine platforms can tap into the growing market in Noida. With an urban and health-conscious population, this sector is ripe for innovation.

4. Co-working Spaces and Business Incubators

With Noida emerging as a startup hub, entrepreneurs need affordable and flexible office solutions. Co-working spaces or startup incubators that provide not just space but also mentorship, networking opportunities, and funding access could be highly successful. Catering to freelancers, small teams, and early-stage startups could make this a profitable venture.

5. Eco-Friendly and Sustainable Businesses

Sustainability is a major trend across the globe, and Noida is no different. Startups focused on eco-friendly products, waste management, recycling solutions, or green energy solutions could capture the attention of both consumers and businesses alike. Eco-conscious businesses will be in demand as cities push toward sustainability goals.

6. EdTech Platforms

Education technology (EdTech) continues to grow, especially in cities like Noida where the demand for quality education is high. Startups focusing on skill development, K-12 learning, language training, or even professional certification courses can find a big market here. Online tutoring services or educational apps could also be highly scalable.

7. FoodTech and Cloud Kitchens

The food industry is constantly evolving, and with the rise of online food delivery services, cloud kitchens have become a viable business option. Noida’s vibrant workforce and student population make it a great place for food startups. You could focus on healthy meals, quick bites, or even niche cuisines that cater to the city's diverse population.

8. FinTech Solutions

India's fintech sector is booming, and Noida provides a perfect base to launch financial technology startups. From mobile wallets to payment gateways, personal finance management apps, and digital lending platforms, there are numerous opportunities to tap into the growing digital payments landscape.

9. Smart Home Solutions

As urbanization increases, so does the demand for smart home solutions. Noida’s growing population and rising middle class present an excellent opportunity for startups offering home automation products, energy-efficient solutions, and smart appliances. From security systems to energy management, smart homes are the future.

10. Content Creation and Digital Marketing Agencies

With the digital revolution transforming how businesses operate, digital marketing and content creation are in high demand. Startups that provide SEO services, social media management, video production, or influencer marketing can thrive in Noida, especially by serving other startups and local businesses.

Conclusion

Noida’s booming economy and startup-friendly environment make it an ideal place to launch your entrepreneurial journey. From tech-driven innovations to health and wellness or eco-friendly solutions, there are myriad opportunities to explore. Success in these sectors requires identifying a market gap, staying ahead of trends, and delivering innovative solutions tailored to the needs of the local population. The startup ecosystem in Noida is still growing, and now is the perfect time to ride the wave of innovation.

Understanding SEO: A Comprehensive Guide

Editor — Mon, 07 Oct 2024 20:13:42 +0530

Understanding SEO: A Comprehensive Guide

Introduction to SEO

Search Engine Optimization (SEO) is a digital marketing strategy aimed at enhancing a website's visibility on search engines like Google, Bing, and Yahoo. The primary goal of SEO is to increase organic traffic by improving the ranking of web pages in search engine results pages (SERPs). In today's digital landscape, having a robust SEO strategy is crucial for businesses and content creators to reach their target audience effectively.

Why is SEO Important?

Increased Visibility: Higher rankings in search results lead to increased visibility. Most users tend to click on the first few links they see, making it essential to rank high.
Organic Traffic: SEO helps drive organic traffic, which is more sustainable and cost-effective compared to paid advertising.
Credibility and Trust: Websites that appear at the top of search results are often perceived as more credible and trustworthy by users.
Better User Experience: Good SEO practices enhance user experience, leading to higher engagement and lower bounce rates.
Competitive Advantage: A well-optimized site can outperform competitors, attracting more customers and generating more leads.

Key Components of SEO

Keyword Research:
- Identify relevant keywords and phrases that potential customers use to search for products or services.
- Use tools like Google Keyword Planner, Ahrefs, or SEMrush to find high-volume and low-competition keywords.
On-Page SEO:
- Optimize individual web pages to rank higher and earn more relevant traffic.
- Key elements include:
  - Title Tags: Ensure each page has a unique and descriptive title tag incorporating target keywords.
  - Meta Descriptions: Write compelling meta descriptions that summarize the content and encourage clicks.
  - Header Tags: Use header tags (H1, H2, H3) to structure content and make it easier for search engines to understand.
  - Content Optimization: Create high-quality, relevant, and engaging content that addresses user intent and includes keywords naturally.
Technical SEO:
- Ensure that the website is technically sound and optimized for search engines. Key aspects include:
  - Website Speed: Optimize images and use caching to improve loading times.
  - Mobile-Friendliness: Ensure the website is responsive and provides a good user experience on mobile devices.
  - XML Sitemap: Create and submit an XML sitemap to help search engines index your site effectively.
  - Robots.txt File: Use a robots.txt file to guide search engines on which pages to crawl and index.
Off-Page SEO:
- Build the website’s authority and credibility through external factors. This includes:
  - Backlinking: Acquire high-quality backlinks from reputable websites to boost authority.
  - Social Signals: Engage on social media platforms to increase visibility and drive traffic to your site.
  - Guest Blogging: Write guest posts on authoritative sites to gain exposure and backlinks.
Local SEO:
- Optimize your online presence to attract more business from relevant local searches. Key strategies include:
  - Google My Business: Create and optimize your Google My Business listing.
  - Local Keywords: Incorporate local keywords in your content and metadata.
  - Reviews and Ratings: Encourage satisfied customers to leave positive reviews.

SEO Best Practices

Regularly Update Content: Keep content fresh and relevant by regularly updating it and adding new information.
Monitor Analytics: Use tools like Google Analytics and Google Search Console to track website performance and identify areas for improvement.
Focus on User Experience: Ensure a seamless user experience by optimizing site navigation, layout, and load times.
Stay Informed: Keep up with the latest SEO trends, algorithm updates, and best practices to stay competitive.

Conclusion

SEO is a vital component of digital marketing that can significantly impact your website's visibility, traffic, and overall success. By understanding and implementing effective SEO strategies, businesses and content creators can enhance their online presence, attract more visitors, and achieve their marketing goals. Whether you are just starting or looking to improve your existing strategy, focusing on SEO will yield long-term benefits.

Digital Marketing: The Future of Business Growth

Editor — Mon, 07 Oct 2024 19:31:40 +0530

What is Digital Marketing?

Digital marketing refers to the promotion of products or services using digital channels such as websites, social media, search engines, email, and mobile apps. Unlike traditional marketing, digital marketing offers more targeted, data-driven approaches that allow businesses to reach their customers in a personalized and measurable manner.

Importance of Digital Marketing

Global Reach: Digital marketing breaks geographical barriers, allowing businesses to reach global audiences without the need for physical presence.
Cost-Effective: Digital marketing is more budget-friendly than traditional marketing. Small businesses can start with minimal investment and scale up gradually.
Targeted Audience: Digital platforms enable precise audience targeting based on demographics, behavior, interests, and geography, ensuring that marketing efforts reach the right people.
Measurable Results: Digital marketing tools like Google Analytics and social media insights offer real-time data on campaign performance, helping businesses refine their strategies.
Improved Conversion Rates: With methods like email marketing, retargeting, and personalized content, businesses can improve their conversion rates and foster customer loyalty.

Key Digital Marketing Strategies

Search Engine Optimization (SEO): SEO involves optimizing website content to rank higher on search engines like Google. By targeting the right keywords, businesses can attract organic traffic and increase visibility.
Social Media Marketing: Platforms like Facebook, Instagram, LinkedIn, and Twitter offer businesses the opportunity to engage with their audience, build brand awareness, and promote products/services through paid ads and organic content.
Content Marketing: High-quality, valuable content such as blogs, videos, infographics, and podcasts can drive traffic, engage customers, and establish authority in the industry.
Email Marketing: Email remains one of the most effective digital marketing tools. Personalized email campaigns help businesses nurture relationships with customers, promote products, and encourage repeat sales.
Pay-Per-Click Advertising (PPC): PPC ads, such as Google Ads, allow businesses to bid on keywords and pay for each click they receive. This can drive immediate traffic and generate leads.
Affiliate Marketing: Companies can partner with affiliates to promote their products and reward them for each sale or lead they generate.
Influencer Marketing: Collaborating with influencers helps brands reach their target audience through trusted voices in the industry.

The Future of Digital Marketing

The future of digital marketing lies in automation, personalization, and artificial intelligence (AI). AI-powered tools can analyze customer behavior, predict trends, and automate tasks like content creation and email campaigns. Video marketing, interactive content, and voice search optimization are also becoming increasingly popular as consumers shift towards more engaging formats.

In conclusion, digital marketing is an essential tool for businesses to stay competitive in the digital age. Whether you're a small startup or an established enterprise, investing in the right digital marketing strategies can help you grow, engage customers, and drive revenue

Metastable Materials plans to expand high&yield battery recycling capacity

Editor — Thu, 11 Apr 2024 07:11:50 +0530

Founded in October 2021, the company's current manufacturing facility, located in Bangalore, holds a capacity to extract 5 tonnes of materials per day

Investor funding in edtech driving unwarranted behaviour: Byju's Aakash CEO

Editor — Thu, 11 Apr 2024 07:11:50 +0530

Investors' funding in the edtech space is driving an unwarranted behaviour which is not good for the industry, Byju's Aakash Education Services Ltd (AESL) Managing Director and CEO Deepak Mehrotra has said. Speaking to PTI, Mehrotra also said that digital alone can't meet aspirations of medical and engineering students looking to get into premium institutions, and it is important to address requirement of new learners. "Investors' funding is very clearly driving behaviours which are not good for anyone, I only hope sanity prevails," said Mehrotra who was appointed AESL's CEO on Monday. He was replying to a query about the need for consolidation in the edtech and test preparatory space where there has been a lot of changes in the business models of several firms. During the edtech's growth stage, several brick-and-mortar test preparatory firms entered the online space, while online education firms added brick-and-mortar centres. Mehrotra said digital alone is not enough to address

Info Edge&backed Funstop Games clocks 5 mn+ downloads for Ram Mandir game

Editor — Thu, 11 Apr 2024 07:11:49 +0530

The Shri Ram Mandir Game is a casual game that enables users to manage and build their own Ram Mandir in a 3D simulation environment

Cornerstone Ventures launches second fund worth $200 mn for B2B startups

Editor — Thu, 11 Apr 2024 07:11:49 +0530

Through the fund, investments will be made across stages, with a focus on early growth stage VC bets

Sharad Sanghi's AI cloud startup Neysa raises $20 mn in seed funding

Editor — Thu, 11 Apr 2024 07:11:49 +0530

Neysa is the second entrepreneurial stint of Sharad Sanghi, considered to be pioneer of the Indian cloud computing space

Binny Bansal's Three State Ventures invests Rs 207 crore in Curefoods

Editor — Tue, 09 Apr 2024 07:28:51 +0530

The funding would help the startup to compete with firms like Rebel Foods, Biryani by Kilo and EatClub

India bright on global players's radar, optimistic on future: Falguni Nayar

Editor — Tue, 09 Apr 2024 07:28:51 +0530

India is beeping on the radar of global players with strong drivers like young, aspiring population, rising income levels, and resilient infrastructure and digital networks, Nykaa founder and CEO Falguni Nayar said on Monday, adding she is extremely "optimistic" and "confident" about the future. In an exclusive interview with PTI, the self-made billionaire also said the recent instances of corporate governance lapses in some well-known startups will lead to greater scrutiny by investors (in the ecosystem), and asserted that governance agenda has to be set out very early in an entrepreneurial journey. Any compromise on governance just because a company is growing or chasing size and scale cannot be justified, she emphasised. Nykaa, she added, has been very strong on governance. Nayar - the top boss at omnichannel beauty and fashion retailer Nykaa - said her entrepreneurial journey - which started at the age of almost 50 - has been "amazing" and advised aspiring entrepreneurs to be .

Facebook co&founder's B Capital closes $750 mn fund for late&stage startups

Editor — Tue, 09 Apr 2024 07:28:50 +0530

It will make investments in companies specialising in technology, healthcare, climate technology

India will have an upper hand in AI: PM Modi at Startup Mahakumbh

Editor — Tue, 09 Apr 2024 07:28:49 +0530

The prime minister Modi said that he is making use of AI technology for his election campaign

Startup Mahakumbh: Fintechs must abide by regulations, say investors

Editor — Tue, 09 Apr 2024 07:28:49 +0530

The advice comes at a time when the Reserve Bank of India has cracked its whip to get erring fintech's to comply to the existing rules

CY24 trend so far: Two unicorns, but funding to startups down 29%

Editor — Tue, 09 Apr 2024 07:28:48 +0530

India 4th-largest recipient of funding

Venture capital major Accel aims to invest in 25 Indian startups: Prashanth

Editor — Tue, 09 Apr 2024 07:28:48 +0530

May launch India-focused fund in a few years

Fintech startup Yenmo secures $500,000 investment from Y Combinator

Editor — Tue, 09 Apr 2024 07:28:48 +0530

Yenmo offers a full-stack API (application programming interface) solution for other companies to integrate loans against mutual funds into their products

Investors oppose Byju's March 29th EGM, NCLT denies any immediate relief

Editor — Tue, 09 Apr 2024 07:28:48 +0530

A group of aggrieved investors have opposed an extraordinary general meeting on March 29, called by Think and Learn, owner of Byju's brand, before company tribunal NCLT, Bangalore but failed to get any immediate relief, according to sources. Byju's has called the extraordinary general meeting (EGM) on March 29, to increase authorised share capital of the company following the recent USD 200 million rights issue. "Investors who are miffed by Byju's approached NCLT, Bangalore to stay the EGM called by the company, but the court denied any immediate relief. The tribunal has listed the matter for hearing on March 28," a source said. Query sent to Byju's and some of the lead investors elicited no reply. A group of four investors of Byju's has filed an oppression and mismanagement suit against the management of the company before the National Company Law Tribunal (NCLT), Bengaluru Bench, seeking to oust the founders, including CEO Byju Raveendran, and appoint a new board. Besides, the s

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