New Delhi [India], August 29: Sunfox Technologies, the health tech startup recognized for its appearance on Shark Tank India, has raised an additional Rs 15 crore in a pre-series funding round. The round was led by existing investor Venture Catalyst, alongside new investors such as Finvolve
Global brokerages such as Citi, UBS, and Ventura Securities noted in their research reports that the approval removes regulatory overhangs and positions the company for a strong recovery as it enters its next phase. Further, these firms added that the development puts the company back on its
GlobalData's E-Commerce Analytics highlights that the value of India's e-commerce market is projected to rise from Rs 12.2 trillion (USD 147.3 billion) in 2024 to an impressive Rs 24.1 trillion (USD 292.3 billion) by 2028. This translates to a compound annual growth rate (CAGR) of 18.7 per c
The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced government spending ahead of the elections, which is likely to dampen growth in some service sectors, financial, real estate, and professional services are expected to have performed well.
The Indian data centre sector is experiencing unprecedented growth driven by AI-led demand. Currently, India hosts approximately 1,300 AI companies, with AI expected to significantly increase the need for high-density server racks, ranging from 5 to 50 kW.
New Delhi [India], August 29: On the afternoon of August 25, 2024, Shree Vishwnath Kanti Devi Institute, in collaboration with the International Youth Development Foundation (IYDF), organized a heartwarming charity event at the Jiwan Sanwardhan Foundation in Titewala, India. The event aimed
Prime Minister Narendra Modi on Wednesday hailed decisions taken by the union cabinet including that of building 12 Industrial nodes or cities under the National Industrial Corridor Development Programme (NICDP), saying that it will provide significant infrastructure boost apart from enhanci
Boston Consulting Group (BCG) has prepared a flagship report titled 'Building Bridges for the Next Decade of Finance', where it noted that revenues in the Indian fintech sector are projected to reach USD 190 billion by 2030, contributing to over 20 per cent of all banking revenues.
Mumbai (Maharashtra) [India], August 28: Aditya Birla Capital Digital Limited ("ABCDL"), the digital-first arm of India's leading financial services conglomerate, Aditya Birla Capital, today, announced the launch of a suite of three new product offerings - DigiGold Gifting, Family Health Sca
Mumbai (Maharashtra) [India], August 28: Founded in 1971 by Tarachand Mehta and incorporated in 1996, Khazanchi Jewellers Limited has emerged as a prominent name in the Indian jewellery industry. Based in Chennai, Tamil Nadu, KJL has built a strong reputation for its exquisite range of gold,
Bengaluru (Karnataka) [India], August 28: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it is collaborating with the Stanford University Institute for Human-Centered Artificial Intelligence (Stanford HAI
In a major effort to enhance agricultural infrastructure across the country and support the farming community, the government has introduced a range of measures to broaden the scope of the AIF scheme. These initiatives aim to include more eligible projects and integrate additional supportive