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ProcMart Elevates Finance & Strategy Head Sachin Jain To Cofounder

India, May 19 -- B2B-focussed procurement marketplace ProcMart has elevated its finance and strategy head Sachin Jain to the position of cofounder. In his new role, Jain will help in expanding ProcMa... Read More


GrowX Mints 17X Returns On Partial Exit From Pixxel

India, May 19 -- B2B and deeptech-focussed VC firm GrowX Ventures Fund has partially exited its investment in spacetech startup Pixxel with a colossal 17X return. GrowX first participated in Pixxel's... Read More


Centre Receives 70 Applications For Electronics Component Manufacturing Scheme

India, May 19 -- The government has reportedly received 70 applications for its INR 22,919 Cr electronics component manufacturing scheme. Union minister Ashwini Vaishnaw confirmed the development, hi... Read More


New-Age Tech Stocks Gain $7 Bn Amid Broader Market Bull Run, Zaggle & ixigo Surge

India, May 18 -- Buoyed by positive developments on the geopolitical front and better-than-expected Q4 results, the Indian equity market saw one of the best trading weeks in recent years. After a mass... Read More


BYJU'S Cofounders Allege Threats & Pressure Tactics

India, May 18 -- The cofounders of troubled edtech startup BYJU'S, Byju Raveendran and Divya Gokulnath, have accused certain entities of orchestrating a targeted campaign of intimidation and pressure ... Read More


Ola Krutrim Engineer's Death By Suicide Raises Toxic Workplace Red Flags

India, May 18 -- Reader discretion is advised The following article contains reporting around a death by suicide. If you or any of your loved ones need help or are in mental distress, please reach ou... Read More


Swiggy's Instamart Engine Needs To Kick On

India, May 18 -- Food delivery giant Swiggy finds itself at a critical juncture, and it's almost a make-or-break time for its big bet on quick commerce. Despite getting a thumbs-up from brokerages fo... Read More


Will India Get Squeezed Between Trump And Apple?

India, May 18 -- The theatre surrounding Apple's manufacturing tussle between India and China got another twist this past week, courtesy of US President Donald Trump. Trump's recent pronouncements, e... Read More


Josh, DailyHunt Parent VerSe Innovation Lays Off 350 Employees

India, May 18 -- VerSe Innovation, the parent of DailyHunt and Josh, has laid off nearly 350 employees as part of a broader "strategic" restructuring exercise. In a statement, a company spokesperson ... Read More


From Farmley To Stashfin - Indian Startups Raised $152 Mn This Week

India, May 17 -- After a week of spike, funding trends in the Indian startup ecosystem dwindled again in the second week of the ongoing month. Between May 12 and 17, startups cumulatively raised $151.... Read More