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OYO CEO Ritesh Agarwal said India wasn't considered a massive opportunity by the world 10 years ago but now it's the "apple of everyone's eye". "I think starting up in India was one of the best decisions I have ever made," Agarwal stated. He further listed India's achievements this year and said the country "hosted probably the most successful" G20. | OYO ke CEO Ritesh Agarwal ne kaha ki 10 saal pehle duniya Bharat ko ek badi opportunity ke roop mein nahi dekhti thi, lekin aaj yeh sabki aankhon ka taara ban gaya hai. "Mujhe lagta hai ki Bharat mein startup shuru karna mere liye sabse behtareen faislon mein se ek tha," Agarwal ne kaha. Unhone is saal Bharat ki uplabdhiyon ko ginate hue kaha ki desh ne "shayad sabse safal" G20 ka aayojan kiya. |
European space startup The Exploration Company has chosen ISRO's PSLV rocket to launch a small prototype named 'Bikini' in January 2024. The mission aims to test the startup's capabilities to enter low-Earth orbit and return back to Earth. The startup initially selected French firm Arianespace for the mission but its rocket Ariane 6's development got delayed. | European space startup, The Exploration Company, ne ISRO ke PSLV rocket ko chuna hai ek chhote prototype 'Bikini' ko January 2024 mein launch karne ke liye. Is mission ka maqsad startup ki capabilities ko test karna hai, taaki low-Earth orbit mein enter karke wapas Earth par aa sake. Pehle, startup ne French firm Arianespace ko is mission ke liye select kiya tha, lekin uske rocket Ariane 6 ka development delay ho gaya. |
Jammu and Kashmir's Lieutenant Governor Manoj Sinha said a new startup policy for the union territory will be notified by the next month. A one-time assistance of up to ���20 lakh as seed funding will be provided to J&K government-recognised startups, Sinha said. Up to ���50 lakh per incubator will be provided to boost the incubator infrastructur | Jammu aur Kashmir ke Lieutenant Governor Manoj Sinha ne kaha hai ki agle mahine tak Union Territory ke liye ek nayi startup policy notify ki jayegi. J&K sarkar dwara manayata prapt startups ko seed funding ke roop mein ek baar ke liye ���20 lakh tak ki sahayata pradan ki jayegi, Sinha ne kaha. Incubator infrastructure ko majboot karne ke liye pratyek incubator ko ���50 lakh tak ki sahayata pradan ki jayegi, |
Kiwi Camara is stepping down as CEO of CS Disco, a legal tech firm he co-founded in 2013. Camara, 39, is known for being one of the highest paid US CEOs and earning more than Apple CEO Tim Cook in 2022, at $110 million. He became the youngest-ever graduate of Harvard Law School at the age of 19 in 2004. | Kiwi Camara, jo ki CS Disco ke co-founder hain, apne CEO ke pad se istifa de rahe hain. CS Disco ek legal tech firm hai jo unhone 2013 mein shuru ki thi. Camara, jo 39 saal ke hain, apne uncha payment ke liye mashhoor hain aur 2022 mein Apple ke CEO Tim Cook se bhi zyada, $110 million kamaye the. Unhone 2004 mein sirf 19 saal ki umar mein Harvard Law School se sabse kam umar mein graduate hone ka record banaya tha. |
Elon Musk-led SpaceX launched 22 more Starlink satellites to low-Earth orbit, completing its 65th launch of 2023. A Falcon 9 rocket, carrying the satellites, lifted off from Cape Canaveral Space Force Station in Florida. The Falcon 9's first stage came back to Earth for a landing about 8.5 minutes after liftoff. It landed on SpaceX's 'Just Read the Instructions' droneship. | Elon Musk ke netritva mein SpaceX ne 22 aur Starlink satellites ko low-Earth orbit mein launch kiya, jo 2023 ka 65th launch tha. Ek Falcon 9 rocket, jo in satellites ko le ja raha tha, Cape Canaveral Space Force Station, Florida se uda. Falcon 9 ka pehla stage lift-off ke lagbhag 8.5 minutes baad wapas prithvi par aaya. Yeh SpaceX ke 'Just Read the Instructions' droneship par land hua. |
Odisha government's Startup Odisha initiative has launched a ���100 crore fund called Odisha Startup Growth Fund, which will be managed by the Small Industries Development Bank of India (SIDBI). The state government will infuse more money into the fund once the existing amount gets deployed, Startup Odisha said. A ���10 crore seed fund for Odisha's incubation centre was als | Odisha sarkar ke Startup Odisha initiative ne ���100 crore ka fund launch kiya hai, jise Odisha Startup Growth Fund kaha jaayega. Yeh fund Small Industries Development Bank of India (SIDBI) dwara manage kiya jaayega. Rajya sarkar is fund mein aur paisa dalegi jab yeh existing amount deploy ho jaayega, yeh baat Startup Odisha ne kahi. Ek ���10 crore ka seed fund bhi announce kiya gaya hai Odisha ke incubation cen |
Zomato's subsidiary in the Slovak Republic has initiated the process of liquidation, the food delivery startup said in an exchange filing. The subsidiary named Zomato Slovakia has zero turnover and a net worth of ���2.2 lakh, Zomato said. The dissolution of Zomato Slovakia won't affect the revenue of Zomato, the filing s | Zomato ki Slovak Republic mein sthit subsidiary ne liquidation ka process shuru kar diya hai, yeh food delivery startup ne ek exchange filing mein kaha. Subsidiary ka naam Zomato Slovakia hai, jiska turnover zero hai aur net worth ���2.2 lakh hai, Zomato ne bataya. Filing ke mutabik, Zomato Slovakia ka dissolution Zomato ke revenue ko prabhavit nahi k |
Grocery delivery startup Dunzo has deferred employees' salaries for June and July to November amid an ongoing fund crunch, according to reports. Dunzo was supposed to start disbursing salaries from September 4 and had said it would do so "batch-wise". It had earlier deferred salaries to the first week of October after being unable to raise funds. | Grocery delivery startup Dunzo ne apne employees ki June aur July ki salaries ko November tak defer kar diya hai, fund crunch ke chalte, reports ke mutabik. Dunzo ko September 4 se salaries disburse karna shuru karna tha aur kaha tha ki yeh "batch-wise" kiya jayega. Pehle bhi, Dunzo ne salaries ko October ke pehle hafte tak defer kiya tha jab woh funds raise karne mein asafal rahe the. |
Cash-strapped Dunzo is likely to vacate its office space in Bengaluru to save costs, Co-founder and CEO Kabeer Biswas told employees. Dunzo was initially supposed to clear all dues on July 20, but multiple delays later, Biswas has set November as the new deadline. This move comes amid Dunzo struggling to manage its cash flow situation. | Cash-strapped Dunzo apne Bengaluru office space ko vacate karne ka plan bana raha hai taaki costs save ki ja sakein, yeh baat Co-founder aur CEO Kabeer Biswas ne employees ko batayi. Pehle Dunzo ko apne saare dues 20 July tak clear karne the, lekin kai delays ke baad, Biswas ne November ko nayi deadline set kiya hai. Yeh kadam uss waqt uthaya gaya hai jab Dunzo apni cash flow situation ko manage karne mein struggle kar raha hai. |
Actress Deepika Padukone has invested in specialty coffee brand Blue Tokai Coffee Roasters. The investment was made through her entity Ka Enterprises. While the amount of funding was not disclosed, the startup said that Padukone was part of its $30 million Series B funding round. Blue Tokai had raised Series B round earlier this year, led by A91 Partners. | Actress Deepika Padukone ne specialty coffee brand Blue Tokai Coffee Roasters mein investment kiya hai. Yeh investment unki entity Ka Enterprises ke through kiya gaya hai. Funding ka amount disclose nahi kiya gaya, lekin startup ne kaha ki Padukone unke $30 million Series B funding round ka hissa thi. Blue Tokai ne is saal ke shuruaat mein Series B round raise kiya tha, jo A91 Partners ne lead kiya tha. |
JPMorgan Chase, the top arranger of equity sales in India this year, wants to expand beyond dealmaking and help finance startups. The bank's deals include Mankind Pharma's IPO, which was one of 2023's biggest IPOs. JPMorgan plans to work with firms that are pioneers in their sectors, developing new products or services, Senior Country Officer for India Kaustubh Kulkarni said. | JPMorgan Chase, jo is saal India mein equity sales ka top arranger hai, ab dealmaking ke aage badhkar startups ko finance karna chahta hai. Bank ke deals mein Mankind Pharma ka IPO bhi shamil hai, jo 2023 ke sabse bade IPOs mein se ek tha. JPMorgan ka plan hai ki wo un firms ke saath kaam kare jo apne sectors mein pioneers hain aur naye products ya services develop kar rahe hain, yeh baat Senior Country Officer for India, Kaustubh Kulkarni ne kahi. |
A total of 11 Indian firms, including JSW Infrastructure and Yatra Online, are aiming to raise over ���10,000 crore via IPOs in September this year. Of the 11 firms, three (Ratnaveer Precision Engineering, EMS Limited and Rishabh Instruments) have already completed their IPOs. This week, RR Kabel, Samhi Hotels, Zaggle Prepaid and Yatra Online aim to raise over ��� | Is mahine, September mein, 11 Indian companies, jismein JSW Infrastructure aur Yatra Online bhi shaamil hain, IPOs ke zariye ���10,000 crore se zyada uthana chahti hain. In 11 companies mein se, teen (Ratnaveer Precision Engineering, EMS Limited aur Rishabh Instruments) ne apne IPOs pehle hi poore kar liye hain. Iss hafte, RR Kabel, Samhi Hotels, Zaggle Prepaid aur Yatra Online milkar ���4,600 crore se zyada uthana ka lakshya |
About 40 online gaming firms will get show-cause notices for alleged tax evasion after the Supreme Court stayed a Karnataka High Court order quashing a ���21,000-crore GST evasion notice to Gameskraft, Moneycontrol reported. Since activities of Gameskraft and other gaming firms are identical, authorities had held back notices. Two ���3,000-crore tax evasion notices have already been sent t | Moneycontrol ke mutabik, Supreme Court ne Karnataka High Court ke faisle ko rok diya hai, jisme ���21,000-crore GST chori ke notice ko Gameskraft ke khilaf khatam kar diya gaya tha. Is faisle ke baad, lagbhag 40 online gaming companies ko tax chori ke aarop mein show-cause notices bheje jayenge. Gameskraft aur doosri gaming companies ki activities ek jaise hone ke karan, adhikariyon ne notices ko ab tak roka hua tha. Do ���3,000-crore tax chori ke notices pehle hi do companies ko bheje ja |
BYJU'S said it has invested the residual term loan B in "high-grade fixed income assets" after reports claimed it hid $533 million in Camshaft Capital Fund, once run from an IHOP in Miami. "Credit Agreement with lenders doesn't prohibit or restrict usage, movement or investment of funds disbursed thereunder," BYJU'S said. BYJU'S clarified it's still the funds' beneficiary owner. | BYJU'S ne kaha hai ki unhone bacha hua term loan B "high-grade fixed income assets" mein invest kiya hai, jabki reports mein yeh dawa kiya gaya tha ki unhone $533 million ko Camshaft Capital Fund mein chhupaya tha, jo pehle Miami ke ek IHOP se chalaya jata tha. BYJU'S ne kaha, "Lenders ke saath Credit Agreement funds ke usage, movement ya investment ko prohibit ya restrict nahi karta." BYJU'S ne spasht kiya ki woh ab bhi funds ke beneficiary owner hain. |
Cash-strapped Dunzo has partnered with OneTap, an RBI-registered NBFC, to pay August salaries to employees. "Please be assured that this partnership is between Dunzo and OneTap, and hence, all repayment liability rests solely with Dunzo...For team members, this will be treated as a regular salary credit with no interest or repayment obligations," Dunzo's email to employees on Wednesday said. | Cash-strapped Dunzo ne OneTap ke saath partnership ki hai, jo ek RBI-registered NBFC hai, taaki August ki salaries employees ko di ja sakein. "Kripya nishchint rahein ki yeh partnership sirf Dunzo aur OneTap ke beech hai, aur isliye, saari repayment liability sirf Dunzo par hi hai... Team members ke liye, yeh ek regular salary credit ke roop mein treat kiya jayega bina kisi interest ya repayment obligations ke," Dunzo ne Wednesday ko apne employees ko email mein kaha. |
Gaming startup Gameskraft is likely to get a demand notice with penalty from the Central Board of Indirect Taxes and Customs (CBIC) over alleged tax evasion of ���21,000 crore, Moneycontrol repo"The assessing officer will send the tax demand. Why would there be a delay?...It was held back...because of Karnataka HC's order," a senior government official reportedly said. | Gaming startup Gameskraft ko Central Board of Indirect Taxes and Customs (CBIC) se ���21,000 crore ke alleged tax evasion par ek demand notice aur penalty milne ki sambhavana hai, Moneycontrol ne report "Assessing officer tax demand bhejenge. Koi deri kyun hogi?...Yeh roka gaya tha...Karnataka HC ke order ke karan," ek senior government official ne kaha. |
BYJU'S hid $533 million in three-year-old Camshaft Capital Fund that once said its principal place of business was an IHOP pancake restaurant in US' Miami, Bloomberg reported citing lenders' lawsuit. Camshaft, founded by William Morton, received the money despite a lack of formal investment training. Luxury cars like 2023 Ferrari Roma are registered in Morton's name since transfer, lenders said. | BYJU'S ne $533 million ko chhupaya ek teen saal purane Camshaft Capital Fund mein, jo kabhi apna principal place of business US ke Miami mein ek IHOP pancake restaurant ko batata tha, Bloomberg ne lenders ke lawsuit ka hawala dete hue report kiya. Camshaft, jo William Morton dwara sthapit kiya gaya tha, ne yeh paisa prapt kiya bina kisi formal investment training ke. Lenders ne kaha ki 2023 Ferrari Roma jaise luxury cars Morton ke naam par registered hain jab se yeh transfer hua hai. |
Hygiene and wellness startup Pee Safe has raised around ���25 crore, partially closing its Series B round with a total size of about ���50 crore. The funding was led by Natco Pharma Limited and Zerodha founders Nikhil and Nithin Kamath's Rainmatter Health. The startup also raised ���25 crore in its pre-Series B funding r | Hygiene aur wellness startup Pee Safe ne lagbhag ���25 crore ikattha kiye hain, apne Series B round ka pehla hissa close karte hue, jiska total size lagbhag ���50 crore hai. Yeh funding Natco Pharma Limited aur Zerodha ke founders Nikhil aur Nithin Kamath ke Rainmatter Health ke dwara lead ki gayi hai. Is startup ne 2021 mein apne pre-Series B funding round mein bhi ���25 crore |
Paytm will not require funding in the near future as the mobile payments firm has ���8,300 crore of cash balance and is confident of becoming sustainable owing to the free cash "We have zero debt, and we are very healthy from a balance sheet standpoint," Group CFO Madhur Deora told shareholders at the company's annual general meeting.
| Paytm ko nikat bhavishya mein funding ki zarurat nahi hogi kyunki mobile payments firm ke paas ���8,300 crore ka cash balance hai aur yeh free cash flow ke karan sustainable banne mein confident"Hamare paas zero debt hai, aur hamari balance sheet ke nazariye se hum bahut healthy hain," Group CFO Madhur Deora ne company ke annual general meeting mein shareholders ko bataya. |
Karnataka Transport Minister Ramalinga Reddy on Tuesday said the state government "is examining" the possibility of imposing a ban on bike-taxi operator Rapido. He further stated that any operator, who is operating in the state illegally without securing necessary permissions, would be banned. He added that some related matters are currently in court. | Karnataka ke Transport Minister Ramalinga Reddy ne Tuesday ko kaha ki state government "is examining" bike-taxi operator Rapido par ban lagane ki sambhavnayein dekh rahi hai. Unhone aage kaha ki koi bhi operator, jo bina zaroori permissions ke state mein illegal tarike se operate kar raha hai, us par ban lagaya jayega. Unhone yeh bhi bataya ki kuch related matters abhi court mein hain. |
Zerodha CEO Nithin Kamath said the brokerage might not have existed without net neutrality. "The exponential growth of [India's] technology and startup ecosystem would not have been possible without [net neutrality]," Kamath stated. "The destiny of our increasingly digital nation is tied to the internet remaining open, accessible and neutral for everyone," he added. | Zerodha ke CEO Nithin Kamath ne kaha ki brokerage shayad net neutrality ke bina exist nahi kar pati. "India ke technology aur startup ecosystem ka exponential growth net neutrality ke bina sambhav nahi hota," Kamath ne kaha. "Hamare digital hoti desh ka bhavishya is baat se juda hai ki internet sabke liye khula, accessible aur neutral rahe," unhone joda. |
US chip startup Enfabrica, working on networking chips for artificial intelligence data centres, has raised $125 million in venture capital, with backing from NVIDIA. Enfabrica was founded by executives from Broadcom and Alphabet's Google. Enfabrica has designed a network chip that aims to connect the different pieces of a data centre together in new ways to solve that problem.
| US chip startup Enfabrica, jo networking chips pe kaam kar rahi hai artificial intelligence data centres ke liye, ne $125 million venture capital mein raise kiye hain, NVIDIA ke backing ke saath. Enfabrica ko Broadcom aur Alphabet's Google ke executives ne found kiya tha. Enfabrica ne ek network chip design kiya hai jo data centre ke alag-alag pieces ko naye tareeke se connect karne ka aim rakhta hai, taaki is problem ko solve kiya ja sake. |
Elon Musk-led SpaceX's Starlink internet service is likely to receive telecom department's approval this month to start operations in the country. Starlink's proposal for a Global Mobile Personal Communication by Satellite (GMPCS) services licence will be discussed at a high-level meeting later this month, The Times of India reported. The meeting is likely to approve the proposal, the report said. | Elon Musk ke netritva waale SpaceX ka Starlink internet service is mahine mein desh mein operations shuru karne ke liye telecom department ki manzoori milne ki sambhavana hai. Starlink ka Global Mobile Personal Communication by Satellite (GMPCS) services licence ke liye prastaav is mahine ke ant mein ek uchch star ki baithak mein charcha kiya jayega, The Times of India ne report kiya. Report ke anusaar, yeh baithak prastaav ko manzoori de sakti hai. |
Dabur International Director Gaurav Burman has acquired 7.5% stake in recently-founded mental health startup Mitsu. The Mumbai-based startup offers self-therapy programmes to help people grappling with depression. Burman, who also joined Mitsu's board, said the startup's science-based approach helps people in a confidential and affordable manner. Reportedly, he has also invested in Taco Bell. | Dabur International ke Director, Gaurav Burman ne haal hi mein sthapit mental health startup, Mitsu mein 7.5% stake acquire kiya hai. Mumbai-based yeh startup self-therapy programmes offer karta hai, jo logon ko depression se ladne mein madad karte hain. Burman, jo ab Mitsu ke board mein bhi shamil ho gaye hain, ne kaha ki startup ka science-based approach logon ko ek confidential aur affordable tareeke se madad karta hai. Khabar yeh bhi hai ki unhone Taco Bell mein bhi invest kiya hai. |
Lenskart subsidiary Neso Brands has invested $4 million in Paris-based eyewear brand Le Petit Lunetier. As part of the investment, Neso has acquired a stake in the brand, which was founded by former Google executive J��r��mie Encaoua and optician Elie Attias. Neso CEO Bjorn Bergstrom and Lenskart CEO Peyush Bansal will join the board of Le Petit L | Lenskart ki subsidiary, Neso Brands, ne Paris-based eyewear brand Le Petit Lunetier mein $4 million invest kiye hain. Is investment ke part ke roop mein, Neso ne brand mein ek stake acquire kiya hai, jo former Google executive J��r��mie Encaoua aur optician Elie Attias dwara found ki gayi thi. Neso ke CEO, Bjorn Bergstrom, aur Lenskart ke CEO, Peyush Bansal, Le Petit Lunetier ke board mein shami |
CEO Vijay Shekhar Sharma said Paytm now has more than a million shareholders across India. Paytm's present share price of ���866 is nowhere close to the issue price of ���2,150. However, its stock has jumped over 97% from 52-week low of ���438.35 "Our mission is to serve half a billion Indians...When Paytm grows, India grows," Sharma stated. | CEO Vijay Shekhar Sharma ne kaha hai ki Paytm ke ab Bharat bhar mein ek million se zyada shareholders hain. Paytm ka vartaman share price ���866 hai, jo issue price ���2,150 ke aas-paas bhi nahi hai. Lekin, iska stock 52-week low ���438.35 (November 2022) se 97% se zyada badh chuka hai"Hamara mission hai aadha billion Bharatiyon ki seva karna... Jab Paytm badhta hai, tab Bharat badhta hai." |
Paytm President and COO Bhavesh Gupta said there's no definite timeline for resuming operations of Paytm Payments Bank, which was barred from onboarding new merchants in 2022. Gupta said he's hopeful the embargo will be lifted by March 2024. RBI had directed the bank to appoint an IT audit firm to conduct a comprehensive audit of its IT system. | Paytm ke President aur COO Bhavesh Gupta ne kaha hai ki Paytm Payments Bank ke operations ko resume karne ke liye koi definite timeline nahi hai. Yeh bank 2022 mein naye merchants ko onboard karne se roka gaya tha. Gupta ne ummeed jatayi hai ki yeh embargo March 2024 tak hata liya jayega. RBI ne bank ko yeh nirdesh diya tha ki ek IT audit firm ko appoint karein jo unke IT system ka comprehensive audit kare. |
BYJU'S is undertaking a strategic review of all assets to sell non-core subsidiaries and put more focus on core profitable segments like K-12 education, Moneycontrol reported. This comes amid reports of the edtech unicorn planning to repay its $1.2 billion term loan in under six months. BYJU'S has reportedly already put its subsidiaries Great Learning and Epic on sale. | BYJU'S apne sabhi assets ka ek strategic review kar raha hai taaki non-core subsidiaries ko bech sake aur core profitable segments jaise K-12 education par zyada focus kar sake, Moneycontrol ne report kiya. Yeh kadam us samay uthaya gaya hai jab reports aa rahi hain ki edtech unicorn apna $1.2 billion ka term loan chhe mahine se kam samay mein chukane ki yojna bana raha hai. BYJU'S ne reportedly apni subsidiaries Great Learning aur Epic ko bechne ke liye already market mein rakh diya hai. |
Ashneer Grover has responded after a non-cognisable offence information report was filed over his claim that Indore bought the top rank in the Centre's cleanliness survey. "Sorry to Indore. You've got great people and city. But politicians everywhere have got no chill," he wrote on X. "File an FIR. I don't care...I'm not a push over...won't be bullied," he added. | Ashneer Grover ne apna jawab diya hai jab ek non-cognisable offence information report file hui unke daave par ki Indore ne Centre ke cleanliness survey mein top rank kharidi thi. "Indore se maafi chahta hoon. Aapke log aur sheher bahut acche hain. Lekin neta har jagah thoda zyada hi serious hain," unhone X par likha. "FIR file karo. Mujhe koi farak nahi padta...main koi aasan shikaar nahi hoon...mujhe dara nahi sakte," unhone aur kaha. |
Indian fintech unicorn Razorpay has acquired BillMe, a Mumbai-based digital invoicing and customer engagement startup. This marks the payment and banking solution provider's eighth acquisition. Razorpay's device users/offline merchants can now generate digital invoices, replacing paper bills. Founded in 2018, BillMe has catered to businesses like McDonald's, Burger King, Baggit and Cin��po | Indian fintech unicorn Razorpay ne Mumbai-based digital invoicing aur customer engagement startup BillMe ko acquire kar liya hai. Yeh payment aur banking solution provider ka aathva acquisition hai. Ab Razorpay ke device users/offline merchants digital invoices generate kar sakte hain, jo paper bills ko replace karenge. 2018 mein founded, BillMe ne McDonald's, Burger King, Baggit aur Cin��polis jaise businesses ko cater kiya |
Revenue management startup Chargebee has laid off 10% of its global workforce or about 100-120 employees, Inc42 reported. The SaaS unicorn also fired 10% of its staff in November last year. The latest job cut was driven by technology and market shifts across the industry, the report said, citing Chargebee CEO Krish Subramanian. | Revenue management startup Chargebee ne apne global workforce ka 10% yaani lagbhag 100-120 employees ko lay off kar diya hai, Inc42 ne report kiya. SaaS unicorn ne pichle saal November mein bhi apne staff ka 10% fire kiya tha. Report ke mutabik, Chargebee ke CEO Krish Subramanian ne kaha ki latest job cut technology aur market shifts ke karan hua hai jo industry mein ho rahe hain. |
BYJU'S has put upskilling platform Great Learning and reading platform Epic on sale to repay its $1.2 billion debt, as per reports. The edtech unicorn is reportedly looking to generate around $1 billion from the sale of its two subsidiaries. This comes amid reports that BYJU'S has proposed to repay its entire term loan in less than six months. | BYJU'S ne apne upskilling platform Great Learning aur reading platform Epic ko bechne ka faisla kiya hai, taki apne $1.2 billion ke karz ko chuka sake, reports ke mutabik. Edtech unicorn reportedly apne in do subsidiaries ke bechne se lagbhag $1 billion generate karne ki soch raha hai. Yeh sab us samay ho raha hai jab reports aa rahi hain ki BYJU'S ne apne poore term loan ko chhe mahine se kam samay mein chukane ka prastaav rakha hai. |
Intercity food delivery services startup JustMyRoots has acquired regional packaged food delivery startup The State Plate (TSP). "I'm���excited to see what we...can achieve tog" TSP CEO Muskaan Sancheti said. TSP featured on 'Shark Tank India Season 1' and went on to receive funding from Lenskart CEO Peyush Bansal. Ex-cricketer Sourav Ganguly recently picked up a minority stake in JustMyRoots. | Intercity food delivery services startup JustMyRoots ne regional packaged food delivery startup The State Plate (TSP) ko acquire kar liya hai. TSP ke CEO Muskaan Sancheti ne kaha, "Main...excited hoon dekhne ke liye ki hum...saath milkar kya achieve kar sakte hain." TSP 'Shark Tank India Season 1' mein feature hua tha aur Lenskart ke CEO Peyush Bansal se funding bhi mili thi. Ex-cricketer Sourav Ganguly ne haal hi mein JustMyRoots mein minority stake kharida hai. |
Bengaluru-based fintech unicorn Perfios signed a deal to raise around ���1,900 crore from Kedaara Capital via primary fund raise and secondary sale. This marks one of the largest investments in an Indian B2B SaaS company this year, Perfios said. Sabyasachi Goswami, CEO of the 15-year-old company, "This investment will help us in strengthening...digital transformation journey of our partners." | Bengaluru-based fintech unicorn Perfios ne Kedaara Capital ke saath ek deal sign ki hai jisse company ko lagbhag ���1,900 crore ka fund raise hoga, primary fund raise aur secondary sale ke madhyam se. Perfios ne kaha ki yeh is saal ki sabse badi investments mein se ek hai kisi Indian B2B SaaS company mein. 15 saal purani company ke CEO, Sabyasachi Goswami ne "Yeh investment humein apne partners ke digital transformation journey ko majbooti dene mein madad karega." |
Early-stage venture capital firm ���First Cheque��� has taken a partial exit from Bengaluru-based jewellery startup GIVA. It had invested an undisclosed amount in GIVA in 2019. The exit has given the VC firm 75 times return of the initial investment, Investment Lead Prateek Agarwal said. D2C brand GIVA was founded in 2019 by Nikita Prasad, Ishendra Agarwal and Sa | Early-stage venture capital firm First Cheque ne Bengaluru-based jewellery startup GIVA se partial exit liya hai. First Cheque ne 2019 mein GIVA mein ek undisclosed amount invest kiya tha. Is exit ne VC firm ko initial investment par 75 times return diya hai, yeh baat Investment Lead Prateek Agarwal ne kahi. D2C brand GIVA ko 2019 mein Nikita Prasad, Ishendra Agarwal aur Sachin Shetty ne found kiya tha. |
CEO Elon Musk announced that SpaceX has fulfilled Federal Aviation Administration's 57 requirements for the second test flight of the world's most powerful rocket, Starship. "Congrats to SpaceX," Musk tweeted. This comes after the US flight regulator closed its probe of the first flight mishap and asked SpaceX to take measures, like increasing fire suppression capacity, to launch Starship again. | CEO Elon Musk ne announce kiya hai ki SpaceX ne Federal Aviation Administration ke 57 requirements ko pura kar liya hai, jo duniya ke sabse powerful rocket, Starship ke doosre test flight ke liye zaroori the. "Congrats to SpaceX," Musk ne tweet kiya. Yeh tab aaya hai jab US flight regulator ne pehle flight mishap ki probe ko close kar diya aur SpaceX ko kuch measures lene ko kaha, jaise ki fire suppression capacity ko badhana, taaki Starship ko dobara launch kiya ja sake. |
Just eight exchanges handle 90% of all cryptocurrency trading volume, led by Binance, according to data compiled by Kaiko. Binance is followed by OKX, Coinbase, Upbit, Bybit, KuCoin, Huobi and Kraken crypto trading volume. Overall, both spot volumes and market depth are heavily concentrated on just 8 platforms, which have stayed pretty consistent over the years, Kaiko said. | Kaiko dwara ikattha ki gayi data ke anusaar, kewal aath exchanges 90% cryptocurrency trading volume ko handle karte hain, jismein sabse aage Binance hai. Binance ke baad OKX, Coinbase, Upbit, Bybit, KuCoin, Huobi aur Kraken ka naam aata hai. Kul milaakar, spot volumes aur market depth dono hi sirf in 8 platforms par kendrit hain, jo saalon se lagbhag ek jaise bane hue hain, Kaiko ne kaha. |
Elon Musk-led SpaceX has launched 22 more Starlink satellites to low-Earth orbit. A Falcon 9 rocket, carrying the satellites, lifted off from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida. The Falcon 9's first stage came back to Earth for a landing about 8.5 minutes after liftoff. It landed on SpaceX's 'A Shortfall of Gravitas' droneship. | Elon Musk ke netritva mein SpaceX ne 22 aur Starlink satellites ko low-Earth orbit mein launch kiya hai. Ek Falcon 9 rocket, jo in satellites ko le ja raha tha, Cape Canaveral Space Force Station ke Space Launch Complex 40 se Florida mein uda. Falcon 9 ka pehla stage liftoff ke lagbhag 8.5 minutes baad wapas prithvi par aaya. Yeh SpaceX ke 'A Shortfall of Gravitas' droneship par land hua. |
Paytm CEO Vijay Shekhar Sharma said the adoption of the New Delhi Declaration at the G20 Summit is like "hosting a fabulous World Cup and winning the final trophy too". He said it was an acknowledgment of India as global leader and key negotiator for global South. The New Delhi Declaration was adopted after G20 leaders arrived at a consensus. | Paytm ke CEO Vijay Shekhar Sharma ne kaha ki G20 Summit mein New Delhi Declaration ka apna lena aisa hai jaise "ek shandar World Cup host karna aur final trophy bhi jeetna". Unhone kaha ki yeh Bharat ko ek global leader aur global South ke liye ek mahatvapurn negotiator ke roop mein manane ka ek swaroop hai. New Delhi Declaration ko tab apnaya gaya jab G20 ke netaon ne ek sahmati par pahuncha. |
Indian entrepreneur Nikhil Kamath took to social media to hail the G20 Summit 2023, which is being hosted by India. Kamath, the Co-founder of stock broking startup Zerodha, said, "Incredible to see #G20India2023 and the body language of how India's position in the world is changing." Several world leaders, including US President Joe Biden, are attending the summit. | Indian entrepreneur Nikhil Kamath ne social media par G20 Summit 2023 ki tareef ki, jo Bharat mein host kiya ja raha hai. Kamath, jo stock broking startup Zerodha ke Co-founder hain, ne kaha, "Bahut hi shandar hai dekhna #G20India2023 aur kaise Bharat ki duniya mein sthiti badal rahi hai." Kai vishwa neta, jismein US President Joe Biden bhi shamil hain, is summit mein shamil ho rahe hain. |
Billionaire SpaceX owner Elon Musk, while referring to his disagreement with a government request to activate Starlink in Ukraine for a drone strike on Russian fleet, said Starlink wasn't meant to be involved in wars. According to his biographer Walter Isaacson, Musk said, "How am I in this war?...[Starlink] was so people can watch Netflix and chill...and do peaceful things." | Billionaire SpaceX ke owner Elon Musk ne, Ukraine mein Russian fleet par drone strike ke liye Starlink ko activate karne ki sarkari request se apni asahmati vyakt karte hue kaha, "Starlink yudh mein shamil hone ke liye nahi bana tha." Unke jeevani lekhak Walter Isaacson ke anusaar, Musk ne kaha, "Main is yudh mein kaise shamil ho gaya?... [Starlink] to isliye tha ki log Netflix dekh sakein aur relax kar sakein... aur shaantipurn cheezein kar sakein." |
SpaceX said the world's most powerful rocket, Starship, exploded after it sustained fires from leaking propellant in the Super Heavy booster, which eventually severed connection with primary flight computer. "This led to a loss of communications...and control of [Starship]," SpaceX said. Starship's self-destruction was delayed despite its autonomous safety system (AFSS) issuing a destruct command. | SpaceX ne kaha ki duniya ka sabse shaktishaali rocket, Starship, vispotit ho gaya jab isne Super Heavy booster se propellant leak hone ke karan aag pakad li. Isne aakhirkaar primary flight computer ke saath connection ko tod diya. "Isse communications aur Starship ka control kho gaya," SpaceX ne kaha. Starship ka self-destruction delay ho gaya tha, yadyapi uska autonomous safety system (AFSS) ne destruct command issue kiya tha. |
Income Tax Department has responded after Ashneer Grover questioned the notices being sent to startups seeking income tax return details of shareholders. "Why will companies have ITR of shareholders," Grover had asked. "Section 68 of Income-tax Act, 1961...places initial onus on assessee-company to prove...identity and creditworthiness of investor, and genuineness of transaction," it responded. | Income Tax Department ne jawab diya hai jab Ashneer Grover ne startups ko bheje ja rahe notices par sawal uthaya tha, jo shareholders ke income tax return details maang rahe the. Grover ne pucha tha, "Companies ke paas shareholders ke ITR kyun honge?" Department ne jawab diya, "Income-tax Act, 1961 ke Section 68 ke tahat... shuruati zimmedari assessee-company par hoti hai ki woh investor ki pehchaan aur creditworthiness, aur transaction ki genuineness ko sabit kare." |
Former Infosys CFO TV Mohandas Pai, while replying to Ashneer Grover's post about the Income Tax Department demanding shareholders' three-year I-T returns (ITRs), said "tax terrorism" is increasing. "This is against what you [PM Narendra Modi] have stood for. Please intervene," Pai said. "Again, this is misleading," Pai said in reply to I-T Department's explanation regarding Grover's post on X. | Former Infosys CFO TV Mohandas Pai ne Ashneer Grover ke post ka jawab dete hue kaha ki Income Tax Department shareholders se teen saal ke I-T returns (ITRs) maang raha hai, jo "tax terrorism" ko badhava de raha hai. Pai ne kaha, "Yeh aapke [PM Narendra Modi] ke vichar ke khilaf hai. Kripya hastakshep karein." I-T Department ke Grover ke post par diye gaye spashtikaran ke jawab mein Pai ne kaha, "Phir se, yeh galat disha mein le ja raha hai." |
World's richest man Elon Musk said he doesn't know what US aviation regulator FAA's 63 corrective actions for the world's most powerful rocket Starship are. Musk was replying to an X user who said it's "odd" that Musk hasn't seen the "63 item punch list required for a launch license". "Maybe it's in the mail or something," Musk said. | Duniya ke sabse ameer insaan, Elon Musk, ne kaha hai ki unhe nahi pata ki US aviation regulator FAA ke 63 corrective actions kya hain jo duniya ke sabse powerful rocket, Starship, ke liye hain. Musk ek X user ko jawab de rahe the jinhone kaha tha ki yeh "odd" hai ki Musk ne "63 item punch list required for a launch license" nahi dekhi. "Shayad yeh mail mein ya kuch aur hoga," Musk ne kaha. |
Zerodha CEO Nithin Kamath said some finfluencers are doing "outright fraud" and actions should be taken against them through a regulatory framework. Stating that finfluencers hold substantial power, Kamath added that Zerodha can't alone take a stance in this matter as it could backfire against the business. He said SEBI's consultation paper on finfluencers is in the right direction. | Zerodha ke CEO Nithin Kamath ne kaha hai ki kuch finfluencers "outright fraud" kar rahe hain aur unke khilaf ek regulatory framework ke zariye action lena chahiye. Kamath ne yeh bhi kaha ki finfluencers ke paas kaafi power hoti hai. Unhone yeh bhi joda ki Zerodha akela is maamle mein stance nahi le sakta kyunki yeh business ke khilaf backfire kar sakta hai. Kamath ne kaha ki SEBI ka consultation paper finfluencers par sahi disha mein hai. |
US Federal Aviation Administration (FAA) said SpaceX's Starship rocket won't get launch clearance until a "mishap investigation" is completed. The world's most powerful rocket drew scrutiny after its debut launch ended in an explosion. "FAA will not authorise another Starship launch until SpaceX implements the corrective actions identified during the mishap investigation," the regulator said. | US Federal Aviation Administration (FAA) ne kaha hai ki SpaceX ka Starship rocket tab tak launch clearance nahi paayega jab tak "mishap investigation" complete nahi ho jaati. Duniya ka sabse powerful rocket apni pehli launch ke baad explosion hone par scrutiny mein aa gaya. "FAA tab tak doosri Starship launch ko authorise nahi karega jab tak SpaceX mishap investigation ke dauraan identify ki gayi corrective actions ko implement nahi karta," regulator ne kaha. |
CRED CEO Kunal Shah said the growth of India's fintech ecosystem was driven by loss-making companies. "A bulk of the UPI growth has come subsidised and [through] a lot of other entities supporting these growth stories," Shah stated. He further said the majority of the unicorns that have managed to cross $100-$200 million in revenue are fintechs. | CRED ke CEO Kunal Shah ne kaha ki Bharat ke fintech ecosystem ka vikas loss-making companies ke dwara prerit hua hai. "UPI growth ka ek bada hissa subsidised hai aur kai anya entities ne in growth stories ko support kiya hai," Shah ne kaha. Unhone aage kaha ki adhiktar unicorns jo $100-$200 million ka revenue paar kar chuke hain, woh fintechs hain. |
Ashneer Grover shared a screenshot of an Income Tax Department notice asking multiple startups (including some in his portfolio) to furnish shareholders' three-year I-T returns (ITRs). Calling it "interesting", Grover asked why startups will have shareholders' ITRs and why individuals would share them with a private firm. Notice mentions establishing creditworthiness as reason for demanding ITRs. | Ashneer Grover ne ek screenshot share kiya hai jisme Income Tax Department ka notice dikhaya gaya hai. Yeh notice kai startups (jinme se kuch unke portfolio mein hain) se shareholders ke teen saal ke I-T returns (ITRs) maang raha hai. Grover ne isse "interesting" karte hue poocha hai ki startups ke paas shareholders ke ITRs kyun honge aur individuals ek private firm ke saath apne ITRs kyun share karenge. Notice mein creditworthiness establish karne ko ITRs maangne ka reason bataya gaya hai. |
OYO CEO Ritesh Agarwal, in an old video he shared on X, said lives of a lot of people who haven't raised capital might be "so much more easier" than his own. Agarwal further suggested that aspiring founders shouldn't raise capital for the sake of raising it. Investors are investing because of founders' innovation, he said in the video. | OYO ke CEO, Ritesh Agarwal, ne ek purane video mein jo unhone X par share kiya tha, kaha ki un logon ki zindagi jo capital raise nahi karte, shayad "bahut zyada aasan" hoti hai unki apni zindagi se. Agarwal ne aage yeh bhi kaha ki aspiring founders ko sirf capital raise karne ke liye capital raise nahi karna chahiye. Investors founders ki innovation ke wajah se invest kar rahe hain, unhone video mein yeh kaha. |
CRED CEO Kunal Shah revealed that he has invested an average of $50,000 each in 70-80 fintechs so far. Shah said, "I only invest in startups as a way of paying it forward. I don't invest necessarily for financial returns." He further revealed that instead of in-person meetings, he now discusses over email or WhatsApp and makes his investment decisions. | CRED ke CEO Kunal Shah ne yeh reveal kiya hai ki unhone ab tak 70-80 fintechs mein har ek mein average $50,000 invest kiya hai. Shah ne kaha, "Main sirf startups mein invest karta hoon ek tarike se pay it forward karne ke liye. Main zaroori nahi ki financial returns ke liye invest karta hoon." Unhone yeh bhi bataya ki ab woh in-person meetings ke bajaye, email ya WhatsApp par discuss karte hain aur apne investment decisions lete hain. |
The government shared graphics showing progress of India's technology and startups. They stated that India has over 25,000 technology startups and had over 108 unicorns (till December 2022). They added that 47% startups have at least one woman director. India's supply of graduates is 4-4.5 times that of US and technology sector's projected FY23 revenue was $245 billion, they added. | Sarkar ne kuch graphics share kiye hain jo Bharat ke technology aur startups ke progress ko dikhate hain. Unhone bataya ki Bharat mein 25,000 se zyada technology startups hain aur December 2022 tak 108 se zyada unicorns the. Unhone yeh bhi kaha ki 47% startups mein kam se kam ek mahila director hai. Bharat ke graduates ki supply US se 4-4.5 guna zyada hai aur technology sector ka projected FY23 revenue $245 billion hai, unhone yeh bhi joda. |
Swiggy's former CTO Dale Vaz on Friday announced that his new wealthtech startup Aaritya Technologies has raised seed funding. "I am grateful and humbled to announce that we closed VC seed funding...with both Accel and Elevation Capital coming onboard," Vaz posted on X. "Our angel allocation will be finalised and closed soon," he further stated. | Swiggy ke former CTO, Dale Vaz ne Friday ko announce kiya ki unka naya wealthtech startup, Aaritya Technologies, ne seed funding raise ki hai. "Main bahut hi abhaari aur vinamra hoon yeh announce karte hue ki humne VC seed funding close kar li hai... Accel aur Elevation Capital dono onboard aa gaye hain," Vaz ne X par post kiya. "Hamari angel allocation bhi jald hi finalise aur close ho jayegi," unhone aage kaha. |
CRED CEO Kunal Shah said because unicorns are "mythical", we should stop worshipping them. "We have to worship people who've built companies without capital. We shouldn't celebrate people like Kunal Shah way more than...founders who've built very profitable companies," Shah said. "We're entering a very problematic time...that nobody believes they can do a startup till they have capital," he added. | CRED ke CEO Kunal Shah ne kaha ki kyunki unicorns "mythical" hote hain, humein unki pooja karna band kar dena chahiye. "Humein un logon ki pooja karni chahiye jinhone bina capital ke companies banayi hain. Humein Kunal Shah jaise logon ko zyada celebrate nahi karna chahiye... un founders ke mukable jinhone bahut profitable companies banayi hain," Shah ne kaha. "Hum ek bahut problematic samay mein pravesh kar rahe hain... jahan koi bhi nahi maanta ki wo startup kar sakta hai jab tak uske paas capital na ho," unhone joda. |
Anuj Rathi, Swiggy's Senior Vice President of revenue and growth, has quit after seven years. This comes after Swiggy CTO Dale Vaz's exit in May and Marketing VP Ashish Lingamneni's exit in April. Rathi joined Swiggy when it was a two-year-old startup and has led divisions like product management, growth marketing, Swiggy Labs, events, ads and alcohol delivery. | Swiggy ke Senior Vice President of Revenue and Growth, Anuj Rathi, ne saat saal ke baad apna pad chhod diya hai. Yeh khabar Swiggy ke CTO Dale Vaz ke May mein exit aur Marketing VP Ashish Lingamneni ke April mein exit ke baad aayi hai. Rathi ne Swiggy join kiya tha jab yeh sirf do saal purani startup thi aur unhone product management, growth marketing, Swiggy Labs, events, ads aur alcohol delivery jaise divisions ko lead kiya hai. |
Ola Electric has signed an agreement to raise $140 million from existing investors including Temasek Holdings, Mint reported. The agreement was signed on Monday and the funds will be credited within four-five days. The funding round reportedly saw Temasek Holdings investing $90 million, valuing Ola Electric at $5.4-$5.5 billion, up from its $5-billion valuation in January 2022. | Ola Electric ne ek agreement sign kiya hai jisse company ko apne existing investors, jisme Temasek Holdings bhi shamil hai, se $140 million ka fund milega, Mint ne report kiya. Yeh agreement Monday ko sign kiya gaya aur funds agle chaar-paanch dinon mein credit ho jayenge. Is funding round mein Temasek Holdings ne reportedly $90 million invest kiye hain, jisse Ola Electric ki valuation $5.4-$5.5 billion ho gayi hai, jo January 2022 mein $5 billion thi. |
OYO's India CEO Ankit Gupta and Europe head Mandar Vaidya have left the startup ahead of its planned IPO, OYO said. Gupta, who had joined OYO in 2019, had served as its India CEO for about a year before quitting in March this year. Vaidya too had joined OYO in 2019 and had begun heading its Europe division in 2021. | OYO ke India CEO Ankit Gupta aur Europe head Mandar Vaidya ne startup chhod diya hai, IPO ke pehle, OYO ne kaha. Gupta, jo 2019 mein OYO join kiye the, ne lagbhag ek saal tak India CEO ke roop mein seva di, aur phir is saal March mein resign kar diya. Vaidya bhi 2019 mein OYO join kiye the aur 2021 se Europe division ko head kar rahe the. |
WeWork CEO David Tolley said the US-based office space-sharing startup is renegotiating nearly all of its leases with landlords and plans to exit "unfit and underperforming" locations. WeWork had warned last month that there was "substantial doubt" about its ability to stay in business. "We intend to remain in the majority of our buildings and markets," Tolley said. | WeWork ke CEO David Tolley ne kaha hai ki US-based office space-sharing startup apne lagbhag sabhi leases ko landlords ke saath phir se negotiate kar raha hai aur "unfit aur underperforming" locations ko chhodne ka plan bana raha hai. Pichle mahine WeWork ne chetavani di thi ki uske business mein bane rehne ki kshamata par "substantial doubt" hai. Tolley ne kaha, "Hum apni adhikansh buildings aur markets mein bane rehne ka irada rakhte hain." |
Finance Ministry has notified valuation methodology for calculating 28% GST on online gaming and casinos. The notification said the value of supply of online gaming shall be the total amount paid to or deposited with the supplier, including virtual digital assets. It added that supply value in casinos will include amount paid for purchase of tokens, chips, coins or tickets. | Finance Ministry ne online gaming aur casinos par 28% GST calculate karne ke liye valuation methodology notify ki hai. Notification mein kaha gaya hai ki online gaming ki supply ka value, supplier ko paid ya deposited total amount hoga, jisme virtual digital assets bhi shamil honge. Isme yeh bhi add kiya gaya hai ki casinos mein supply value mein tokens, chips, coins ya tickets ke purchase ke liye paid amount bhi shamil hoga. |
Zerodha Co-founder Nikhil Kamath said trading is like dating. When asked about his worst investment, he said, "It is infectious...Like dating. Trading is like dating. It almost feels like markets have emotions. And they have a way to draw you in." He added, "They���re always nicer at the begi" Kamath has invested ���150 crore in online gaming company Nazara Technol | Zerodha ke Co-founder Nikhil Kamath ne trading ko dating ke jaisa bataya. Jab unse unke sabse kharab investment ke baare mein poocha gaya, toh unhone kaha, "Yeh infectious hai... Jaise dating. Trading bilkul dating ke jaisi hai. Aisa lagta hai jaise markets ke bhi emotions hote hain. Aur inka ek tareeka hota hai aapko apni taraf kheenchne ka." Unhone aur kaha, "Shuruaat mein yeh hamesha zyada achhe lagte hain." Kamath ne online gaming company Nazara Technologies mein ���150 crore invest kiye |
Starship, the world's most powerful rocket, is ready to launch and awaiting US aviation regulator FAA's approval, billionaire Elon Musk said. The 121-metre-high rocket capable of producing 5,000 metric tonnes of thrust will form a part of NASA's Artemis mission to return astronauts to the Moon. The rocket's previous flight ended in an explosion about four minutes after its launch. | Starship, duniya ka sabse powerful rocket, launch ke liye tayaar hai aur US aviation regulator FAA ki approval ka intezaar kar raha hai, yeh billionaire Elon Musk ne kaha. 121-metre-high yeh rocket jo 5,000 metric tonnes ka thrust produce karne ki capability rakhta hai, NASA ke Artemis mission ka hissa banega jisme astronauts ko Moon par wapas bhejne ka plan hai. Rocket ki pehli flight launch ke lagbhag chaar minute baad ek explosion mein khatam ho gayi thi. |
Zerodha CEO Nithin Kamath, while talking about hard work and if it guarantees success, said that it took him 20 years to become successful. "I started trading in 1997. Zerodha started in 2010. All our success came in 2016. So it took us 20 years," Kamath said. "Today, we can have 5 days/week," he added. | Zerodha ke CEO, Nithin Kamath ne, mehnat aur uske safalta ki guarantee ke baare mein baat karte hue kaha ki unhe safal hone mein 20 saal lage. "Maine 1997 mein trading shuru ki thi. Zerodha 2010 mein shuru hui. Hamari saari safalta 2016 mein aayi. Toh humein 20 saal lage," Kamath ne kaha. "Aaj, hum 5 din/hafta kaam kar sakte hain," unhone joda. |
Peak XV Partners MD Rajan Anandan said the ongoing funding winter cannot be compared to funding which startups received during COVID-19 pandemic. "This is what normal looks like...If you have a once-in-a-100-years summer and then you [say later], 'Oh my God! It's really cold.' That's not the case," Anandan said. It's a great time to build and invest, he added. | Peak XV Partners ke MD Rajan Anandan ne kaha ki jo funding winter abhi chal raha hai, usko COVID-19 pandemic ke dauran jo funding startups ko mili thi, usse compare nahi kiya ja sakta. "Yeh normal hai... Agar aapko 100 saalon mein ek baar summer mile aur phir aap [baad mein] kahen, 'Oh my God! Bahut thand hai.' Toh yeh sahi nahi hai," Anandan ne kaha. Unhone yeh bhi kaha ki yeh ek accha samay hai build aur invest karne ke liye. |
The Supreme Court stayed a Karnataka High Court order quashing a ���21,000-crore show-cause notice to Gameskraft Technologies by DG of GST Intelligence (DGGI). DGGI said in five years, Gameskraft has collected ���70,000 crore as bet money from about 45 lakh players. It added that according to an SC ruling, a game being played for stakes is sub | Supreme Court ne Karnataka High Court ke us order ko stay kar diya hai jo ���21,000-crore ka show-cause notice Gameskraft Technologies ko DG of GST Intelligence (DGGI) dwara quash kar raha tha. DGGI ne kaha ki pichle paanch saalon mein, Gameskraft ne lagbhag 45 lakh players se ���70,000 crore bet money ke roop mein ikattha kiya hai. Unhone yeh bhi joda ki SC ke ek ruling ke anusaar, agar koi game stakes ke liye khela ja raha hai, toh us par GST la |
SEBI Chairperson Madhabi Puri Buch said the market regulator expressed in its recent consultation paper that it respects freedom of speech but if finfluencers "cross that line and it becomes enticement...then that's not okay". She added that a fintech platform that "seduces people" and "makes them lose their shirt" and their hard-earned money should know by itself that it's wrong. | SEBI ke Chairperson Madhabi Puri Buch ne kaha ki market regulator ne apne recent consultation paper mein yeh vyakt kiya hai ki woh freedom of speech ka samman karta hai, lekin agar finfluencers "us line ko cross karte hain aur yeh enticement ban jata hai...toh yeh theek nahi hai". Unhone yeh bhi kaha ki ek fintech platform jo "logon ko lubhata hai" aur "unhe unka sab kuch gawa deta hai" aur unki mehnat ki kamai ko khatam kar deta hai, usse khud hi yeh samajh lena chahiye ki yeh galat hai. |
SpaceX CEO Elon Musk took a $1-billion loan from the space startup in the same month that he acquired Twitter, which was recently rebranded to X, The Wall Street Journal reported. The loan, backed by some of Musk's SpaceX stock, was approved in October and was drawn down in the same month. Musk returned the loan with interest in November. | SpaceX ke CEO Elon Musk ne usi mahine mein space startup se $1-billion ka loan liya jab unhone Twitter ko acquire kiya, jo abhi haal hi mein X ke naam se rebrand hua hai, The Wall Street Journal ne report kiya. Yeh loan, jo Musk ke kuch SpaceX stock se backed tha, October mein approve hua aur usi mahine mein draw down kiya gaya. Musk ne November mein interest ke saath yeh loan wapas kar diya. |
Zoho CEO Sridhar Vembu on Wednesday asked why people, who changed the names of Madras to Chennai and Calcutta to Kolkata, are objecting to changing India's name to Bharat. "The name 'India' is an English invention, just like the names 'Madras', 'Calcutta' or 'Bombay'. Bharat, Bharatham in Tamil, is the name we use in our languages," Vembu said. | Zoho ke CEO Sridhar Vembu ne budhwar ko yeh sawal uthaya ki jo log Madras ka naam Chennai aur Calcutta ka naam Kolkata karne mein koi aitraaz nahi karte, woh Bharat ka naam India se badalne par kyon virodh kar rahe hain. "India naam ek angrezi avishkar hai, bilkul waise hi jaise Madras, Calcutta ya Bombay ke naam hain. Bharat, jo Tamil mein Bharatham hai, woh naam hai jo hum apni bhashaon mein istemal karte hain," Vembu ne kaha. |
CaratLane Founder Mithun Sacheti recalled that late veteran investor Rakesh Jhunjhunwala told him that he'll have Jhunjhunwala's respect when he manages to turn CaratLane around and still deliver the growth he aimed for. "That left a very deep imprint on my mind," Sacheti said. He added that Jhunjhunwala initially asked him, "Why would you lose money trying to sell jewellery?" | CaratLane ke Founder, Mithun Sacheti ne yaad kiya ki late veteran investor, Rakesh Jhunjhunwala ne unhe kaha tha ki jab woh CaratLane ko turnaround karne mein safal ho jayenge aur phir bhi woh growth deliver karenge jo unhone aim ki thi, tab unhe Jhunjhunwala ka samman milega. "Is baat ne mere man par bahut gehra prabhav dala," Sacheti ne kaha. Unhone yeh bhi bataya ki shuruaat mein Jhunjhunwala ne unse poocha tha, "Aap jewellery bechne ki koshish mein paise kyun kho rahe hain?" |
BYJU'S has missed its own deadline to disburse performance-linked income, which the edtech startup's senior executive Mrinal Mohit had said would be paid with September salaries, Moneycontrol reported. Performance-linked income is paid to employees every quarter and BYJU'S hasn't been disbursing this since September 2022. Employees claimed they haven't been given incentives either. | BYJU'S ne apni khud ki deadline miss kar di hai performance-linked income disburse karne ki, jo edtech startup ke senior executive Mrinal Mohit ne kaha tha ki September ki salaries ke sath di jayegi, Moneycontrol ne report kiya. Performance-linked income har quarter employees ko di jati hai aur BYJU'S ne ye September 2022 se disburse nahi ki hai. Employees ka kehna hai ki unhe incentives bhi nahi diye gaye hain. |
Infosys ex-CFO Mohandas Pai said BYJU'S CEO Byju Raveendran is "a fantastic entrepreneur" but fell back on compliance. "It is true that when you grew so fast in 3-4 years, you didn't build the structures to make you a $22 billion company," Pai stated. He added that he joined BYJU'S advisory council after the startup asked for his help. | Infosys ke ex-CFO Mohandas Pai ne kaha ki BYJU'S ke CEO Byju Raveendran "ek shandar entrepreneur" hain, lekin compliance ke maamle mein piche reh gaye. "Yeh sach hai ki jab aap 3-4 saalon mein itni tezi se bade, toh aapne woh structures nahi banaye jo aapko $22 billion ki company banate," Pai ne kaha. Unhone yeh bhi bataya ki unhone BYJU'S ke advisory council ko join kiya jab startup ne unse madad maangi. |
Asset financing firm Grip Invest has filed FIRs against cloud kitchen startup BigSpoon's senior management and directors over non-payment of rental dues, YourStory reported. Legal action has also been initiated against the startup, the report said, citing Grip Invest's email to investors. BigSpoon Founder and CEO Kapil Mathrani has reportedly been untraceable. | Asset financing firm Grip Invest ne cloud kitchen startup BigSpoon ke senior management aur directors ke khilaf FIRs file ki hain, rental dues ka payment na karne ke mamle mein, YourStory ne report kiya. Legal action bhi startup ke khilaf shuru kiya gaya hai, report ke mutabik, Grip Invest ke investors ko bheje gaye email ka hawala dete hue. BigSpoon ke Founder aur CEO Kapil Mathrani reportedly ab tak untraceable hain. |
Paytm Founder Vijay Shekhar Sharma said if it wasn't for Paytm, he would have started an electric vehicle (EV) business. On being asked if he had to start over, which sector would he have chosen, Sharma said, "I had a three-hour-long discussion with...Sachin Bansal...I had told him to either do an electric vehicle ecosystem play or a financial ecosystem play." | Paytm ke Founder Vijay Shekhar Sharma ne kaha ki agar Paytm nahi hota, toh woh ek electric vehicle (EV) business shuru karte. Jab unse poocha gaya ki agar unhe dobara shuru karna padta, toh kaunsa sector chunte, Sharma ne kaha, "Meri ek teen ghante lambi discussion hui thi...Sachin Bansal ke saath...Maine unhe kaha tha ki ya toh ek electric vehicle ecosystem play karo ya ek financial ecosystem play." |
Zerodha Co-founder Nikhil Kamath said the biggest act of patriotism "in a modern capitalistic world today" is to pick Indian-made products, even if they're slightly inferior in quality. Replying to Kamath's statement on his podcast-interview, Peak XV Partners MD Rajan Anandan said, "I think that's a really bad strategy. You want to win on the best product." | Zerodha ke Co-founder Nikhil Kamath ne kaha ki aaj ke modern capitalistic world mein sabse bada deshbhakti ka kaam yeh hai ki hum Indian-made products ko chunen, chahe woh quality mein thode kamzor hi kyun na ho. Kamath ke is statement ka jawab dete hue, Peak XV Partners ke MD Rajan Anandan ne unke podcast-interview mein kaha, "Mujhe lagta hai yeh ek bahut hi kharab strategy hai. Aapko best product ke saath jeetna chahiye." |
CaratLane Co-founder and former CEO Mithun Sacheti said the startup's first store was "terribly wrong" as it was completely tech-focused and had little jewellery in it. He added that even the second store was wrong as its architecture was unsuitable for everyday jewellery. The company finally solved all of these issues with its third store, he stated. | CaratLane ke Co-founder aur former CEO, Mithun Sacheti ne kaha ki startup ka pehla store "bahut galat" tha kyunki yeh poori tarah se tech-focused tha aur isme jewellery bahut kam thi. Unhone yeh bhi kaha ki doosra store bhi galat tha kyunki uska architecture everyday jewellery ke liye suitable nahi tha. Unhone bataya ki company ne in sabhi issues ko apne teesre store ke saath finally solve kar liya. |
Sheikh Tahnoon bin Zayed Al Nahyan, a key member of Abu Dhabi's ruling family, reached an agreement to bankroll banker Rajeev Misra's new $6.8 billion fund, Bloomberg reported. Misra, CEO of SoftBank Investment Advisers, set up the $6.8-billion fund One Investment Management (OneIM). It invests across the capital structure, in a range of asset classes, industries, and geographies. | Sheikh Tahnoon bin Zayed Al Nahyan, jo Abu Dhabi ke ruling family ke ek mahatvapurn sadasya hain, ne banker Rajeev Misra ke naye $6.8 billion fund ko finance karne ke liye ek samjhauta kiya hai, Bloomberg ne report kiya. Misra, jo SoftBank Investment Advisers ke CEO hain, ne $6.8-billion fund One Investment Management (OneIM) ko sthapit kiya. Yeh fund capital structure ke across, kai asset classes, industries, aur geographies mein invest karta hai. |
Razorpay CEO and Co-founder Harshil Mathur said fintech companies should learn compliance in the early stage because later it becomes harder. "Once the business starts expanding, it's better to get early on," Mathur said. If fintech companies are entering this space, then it is important for them to learn compliance in a basic fashion, he added.
| Razorpay ke CEO aur Co-founder Harshil Mathur ne kaha ki fintech companies ko shuruati daur mein hi compliance seekhni chahiye, kyunki baad mein yeh mushkil ho jata hai. "Jab business expand karna shuru karta hai, toh pehle se hi tayar rehna behtar hota hai," Mathur ne kaha. Agar fintech companies is shetra mein pravesh kar rahi hain, toh unke liye basic tareeke se compliance seekhna zaroori hai, unhone joda. |
CaratLane Founder Mithun Sacheti said Tiger Global proposed its investment in the jewellery startup via LinkedIn and initially, Sacheti thought it was a scam. He said Tiger Global ex-Partner Lee Fixel sent a message saying, "CaratLane is of interest to us. We'd love to talk to you." "Who calls you and says I want to give you money?" said Sacheti. | CaratLane ke Founder, Mithun Sacheti ne kaha ki Tiger Global ne jewellery startup mein apna investment LinkedIn ke zariye propose kiya tha, aur shuru mein Sacheti ko laga ki yeh ek scam hai. Unhone bataya ki Tiger Global ke ex-Partner, Lee Fixel ne ek message bheja tha jisme likha tha, "CaratLane mein humein interest hai. Hum aapse baat karna chahenge." Sacheti ne kaha, "Kaun aapko call karta hai aur kehta hai ki main aapko paise dena chahta hoon?" |
Pepperfry has appointed Co-founder and COO Ashish Shah as the new CEO after the demise of former chief Ambareesh Murty. Murty passed away last month after suffering a cardiac arrest in Leh. The furniture startup also announced that it has raised $23 million in funding from existing shareholders, including institutional investors and family offices. | Pepperfry ne apne Co-founder aur COO, Ashish Shah ko naya CEO appoint kiya hai, pichle chief Ambareesh Murty ke nidhan ke baad. Murty ka pichle mahine Leh mein cardiac arrest ke baad dehant ho gaya tha. Furniture startup ne yeh bhi announce kiya hai ki unhone apne existing shareholders, jisme institutional investors aur family offices shamil hain, se $23 million ka funding raise kiya hai. |
BharatPe is reportedly in talks with existing investors to raise $100 million in a new equity funding round. The fintech startup last raised a major round in 2021 at a nearly $2.9 billion valuation, but the new round is being negotiated at a lower valuation, The Economic Times reported. This comes amid a number of top-level exits at the startup. | BharatPe reportedly apne existing investors ke saath baatcheet kar raha hai taaki naye equity funding round mein $100 million raise kar sake. Fintech startup ne aakhri baar 2021 mein ek major round raise kiya tha, jab uski valuation lagbhag $2.9 billion thi. Lekin, Economic Times ke mutabik, naye round ki baatcheet lower valuation par ho rahi hai. Yeh sab tab ho raha hai jab startup mein kai top-level exits dekhne ko mil rahe hain. |
Ashneer Grover reacted to BharatPe CBO Nishant Jain's exit, saying, "Ratio of board members (retired uncles) to CXO is now the highest among all startups (no one is left at CXO level)." "Four board members oversee the work of one CXO. Not a single CXO stuck around to work with Sri Sri Rajnish Kumar (Chairman Sahib)!" he added. | Ashneer Grover ne BharatPe ke CBO Nishant Jain ke exit par pratikriya dete hue kaha, "Board members (retired uncles) aur CXO ka ratio ab sabhi startups mein sabse zyada hai (CXO level par koi nahi bacha hai)." Unhone aage kaha, "Chaar board members ek CXO ka kaam dekh rahe hain. Ek bhi CXO Sri Sri Rajnish Kumar (Chairman Sahib) ke saath kaam karne ke liye nahi tik paaya!" |
BharatPe's Chief Business Officer (CBO) Nishant Jain has quit the company after more than three years. He has joined Angel One as its Executive Director and CBO (Assisted Business). His resignation follows a series of senior-level departures at BharatPe in the past year. Recently, Dhruv Dhanraj Bahl stepped down as the CBO of the merchant lending business at BharatPe. | BharatPe ke Chief Business Officer (CBO) Nishant Jain ne company chhod di hai, teen saal se zyada ka samay bitane ke baad. Ab unhone Angel One join kiya hai Executive Director aur CBO (Assisted Business) ke roop mein. Unka isteefa BharatPe mein pichle ek saal mein hue kai senior-level ke resignations ke baad aaya hai. Haal hi mein, Dhruv Dhanraj Bahl ne bhi BharatPe ke merchant lending business ke CBO ke pad se isteefa diya tha. |
Zerodha Co-founder Nikhil Kamath said no one should buy shares based on his purchases. "I think people have to make up their own minds because my intent with my investments is really long-term," Kamath said. Talking about his investment in Nazara Technologies, Kamath said, "For me, [Nazara] was the only play...because it's the only listed company in India's gaming sector." | Zerodha ke Co-founder Nikhil Kamath ne kaha ki kisi ko bhi unke shares kharidne ke aadhar par apne shares nahi kharidne chahiye. "Mujhe lagta hai logon ko apne faisle khud lene chahiye kyunki mere investments ka maksad sach mein long-term hai," Kamath ne kaha. Apne Nazara Technologies mein investment ke baare mein baat karte hue, Kamath ne kaha, "Mere liye, [Nazara] hi ek matra option tha...kyunki yeh Bharat ke gaming sector mein listed company hai." |
OpenAI CEO Sam Altman has become the first foreigner to receive Indonesia's Golden Visa with a 10-year stay permit. The visa will let Altman avail services like priority immigration checks, a prolonged stay permit and ease of entry and exit to Indonesia. "With Golden Visa, Indonesian government expects Altman to contribute to developing AI in Indonesia," a government statement said. | OpenAI ke CEO Sam Altman pehle videshi ban gaye hain jinhone Indonesia ka Golden Visa prapt kiya hai, jo unhe 10 saal tak rehne ki anumati dega. Is visa ke zariye Altman ko priority immigration checks, lambi avadhi ka stay permit aur Indonesia mein aane-jaane mein asani jaise suvidhayein milengi. Sarkari bayan mein kaha gaya, "Golden Visa ke saath, Indonesian sarkar ummid karti hai ki Altman Indonesia mein AI ke vikas mein yogdan denge." |
B2B e-commerce platform Udaan, founded by former senior Flipkart executives Amod Malviya, Sujeet Kumar and Vaibhav Gupta in 2016, announced that two senior executives have decided to step down. CTO Gaurav Bhalotia has decided to step down. Meanwhile, CBO (Essentials division) Vivek Gupta, who has decided to step away from day-to-day operations, will remain an advisor to Udaan's board. | B2B e-commerce platform Udaan, jo 2016 mein former senior Flipkart executives Amod Malviya, Sujeet Kumar aur Vaibhav Gupta dwara sthapit ki gayi thi, ne announce kiya hai ki do senior executives ne apne pad se isteefa dene ka faisla kiya hai. CTO Gaurav Bhalotia ne apne pad se isteefa dene ka faisla kiya hai. Wahi, CBO (Essentials division) Vivek Gupta, jo day-to-day operations se alag hone ka faisla kiya hai, Udaan ke board ke advisor ke roop mein bane rahenge. |
Bengaluru-based startup Fold Money has apologised after it was criticised for its "rude" and "passive aggressive" response to a user who pointed out flaws in the company's app in beta stage. The startup's Founder Nash Vail said the situation "was just poorly handled". When asked about why they didn't delete the tweets, he said, "We...want to acknowledge we f***ed up." | Bengaluru-based startup Fold Money ne maafi maangi hai jab unhe ek user ke dwara company ke app ke beta stage mein flaws point out karne par "rude" aur "passive aggressive" response dene ke liye criticize kiya gaya. Startup ke Founder Nash Vail ne kaha ki yeh situation "bas galat tareeke se handle hui". Jab unse poocha gaya ki unhone tweets kyun nahi delete kiye, toh unhone kaha, "Hum...yeh maanana chahte hain ki humne galti ki." |
Hero MotoCorp on Monday announced its board has approved an investment of up to ���550 crore in EV startup Ather Energy via its rights issue. The transaction is expected to be completed by the end of September, as per an exchange filing. In January last year, Hero MotoCorp announced an investment of up to ���420 crore in A | Hero MotoCorp ne Monday ko announce kiya ki unke board ne EV startup Ather Energy mein ���550 crore tak ke investment ko approve kar diya hai, jo rights issue ke zariye hoga. Exchange filing ke mutabik, yeh transaction September ke end tak complete hone ki umeed hai. Pichle saal January mein, Hero MotoCorp ne Ather Energy mein ���420 crore tak ke investment ka announceme |
Paytm Founder and CEO Vijay Shekhar Sharma on Monday said he is open to increasing his stake in the fintech firm if there are sellers. "I will jump at any opportunity to buy more equity in Paytm," Sharma told Reuters. Recently, Sharma became the single largest shareholder in the company by buying a stake from Chinese firm Antfin. | Paytm ke Founder aur CEO Vijay Shekhar Sharma ne Monday ko kaha ki agar koi sellers hain toh woh apna stake badhane ke liye tayar hain. "Mujhe Paytm mein aur equity kharidne ka koi bhi mauka milega toh main zaroor fayda uthaoonga," Sharma ne Reuters ko bataya. Haal hi mein, Sharma ne Chinese firm Antfin se stake kharid kar company mein single largest shareholder ban gaye hain. |
A video shows SpaceX's Dragon capsule streaking across the night sky moments before splashing down off the coast of Florida on Monday. The capsule safely carried four astronauts of NASA's SpaceX Crew-6 mission back to Earth from the International Space Station (ISS). The astronauts spent six months on the ISS and completed hundreds of scientific experiments. | Ek video mein dikhaya gaya hai ki SpaceX ka Dragon capsule raat ke aasman mein chamakta hua dikh raha hai, kuch hi palon mein Florida ke coast ke paas paani mein girte hue. Yeh capsule NASA ke SpaceX Crew-6 mission ke chaar astronauts ko surakshit roop se wapas prithvi par le aaya. Yeh astronauts chhe mahine tak International Space Station (ISS) par rahe aur unhone kai scientific experiments ko poora kiya. |
Tech-enabled mental health startup Lissun has raised $1.3 million (���10.75 crore) in a seed funding round led by Inflection Point Ventures and Zerodha's Rainmatter Capital. The Gurugram-based startup has received a total funding of $2.3 million so"We are a product-first company and build our products to deliver mental health effectively...and affordably," Co-founder Tarun Gupta said. | Tech-enabled mental health startup Lissun ne seed funding round mein $1.3 million (���10.75 crore) raise kiye hain, jo Inflection Point Ventures aur Zerodha ke Rainmatter Capital dwara lead kiya gaya. Gurugram-based startup ne ab tak total $2.3 million funding receive ki hai. Co-founder Tarun Gupta ne "Hum ek product-first company hain aur hum apne products ko is tarah se banate hain ki mental health ko effectively aur affordably deliver kar sakein." |
Brij Singh has stepped down as a General Partner (GP) of Rebright Partners. He said he'll start a "new chapter" as the Founder of Bengaluru-based tech startup 'Snow Mountain AI'. In July, Singh had tweeted, "Spent two months...[trying] to register a [company] in India [and] it's still not done...Time may be coming for me to move back to the US." | Brij Singh ne Rebright Partners ke General Partner (GP) ke pad se isteefa de diya hai. Unhone kaha ki woh Bengaluru-based tech startup 'Snow Mountain AI' ke Founder ke roop mein ek "naya adhyay" shuru karenge. July mein, Singh ne tweet kiya tha, "Do mahine bita diye...[koshish karte hue] India mein ek [company] register karne ke liye [aur] abhi tak nahi hua...Shayad samay aa gaya hai ki main wapas US chala jaun." |
IndiGo operator InterGlobe Aviation on Monday announced its board has approved the creation of a new subsidiary with an investment of up to ���30 crore. The subsidiary, which will be located in Gujarat's GIFT City, will finance aviation assets, a filing stated. As per reports, it will invest in startups in areas like aviation, travel, hospitality and transport | IndiGo operator InterGlobe Aviation ne Monday ko announce kiya ki unke board ne ek naye subsidiary banane ki manzoori de di hai, jismein ���30 crore tak ka investment hoga. Filing ke mutabik, yeh subsidiary Gujarat ke GIFT City mein located hogi aur aviation assets ko finance karegi. Reports ke mutabik, yeh subsidiary aviation, travel, hospitality aur transportation jaise areas mein startups mein invest k |
Zerodha Co-founder Nikhil Kamath said the gaming and e-sports industry will grow much bigger in the next 10 years. "[It] will grow at a pace faster than the old-school content," Kamath stated. His remarks come as gaming company Nazara Technologies announced it'd issue shares worth ���100 crore to Zerodha's founders Nikhil and Nithin K | Zerodha ke Co-founder Nikhil Kamath ne kaha hai ki gaming aur e-sports industry agle 10 saalon mein bahut zyada badhegi. "Yeh purane tareeke ke content se bhi zyada tezi se badhegi," Kamath ne kaha. Unka yeh bayan tab aaya jab gaming company Nazara Technologies ne ghoshna ki ki woh Zerodha ke founders Nikhil aur Nithin Kamath ko ���100 crore ke shares issue k |
Zomato announced that its Czech Republic-based subsidiary, Lunchtime, has started the liquidation process. Lunchtime, which has a net worth of ���28.2 lakh, is not a material subsidiary of Zomato and its dissolution won't affect the food delivery startup, an exchange filing said. The subsidiary doesn't have any active business operations, the filing | Zomato ne announce kiya hai ki uski Czech Republic-based subsidiary, Lunchtime, ne liquidation process shuru kar diya hai. Lunchtime, jiska net worth ���28.2 lakh hai, Zomato ki material subsidiary nahi hai aur iski dissolution se food delivery startup par koi asar nahi padega, ek exchange filing mein kaha gaya. Filing mein yeh bhi bataya gaya ki subsidiary ke paas koi active business operations nahi |
Nazara Technologies' board approved to issue shares worth ���100 crore to Zerodha's founders Nikhil and Nithin Kamath, the gaming company said on September 4. The latest investment takes Nikhil's stake in the company to about 3.5% from 1%, with Nikhil stating that he plans to raise his stake further in the future. The company's stock rose by 11.38% to � | Nazara Technologies ke board ne ���100 crore ke shares Zerodha ke founders, Nikhil aur Nithin Kamath ko issue karne ki manzoori de di hai, yeh gaming company ne 4 September ko kaha. Is naye investment ke baad, Nikhil ka stake company mein lagbhag 1% se badhkar 3.5% ho gaya hai. Nikhil ne kaha hai ki woh future mein apna stake aur badhane ka plan kar rahe hain. Company ka stock 11.38% badhkar ���846 par p |
Four astronauts of NASA's SpaceX Crew-6 mission splashed down on Earth in the Atlantic Ocean after six months in space. They travelled to Earth in SpaceX Dragon spacecraft at over 27,000 km/hour. While aboard the International Space Station, they conducted scientific investigations and technology demonstrations. Shortly before the splashdown, NASA tweeted, "Who says you can never go home again?" | NASA ke SpaceX Crew-6 mission ke chaar astronauts chhe mahine space mein rehne ke baad Atlantic Ocean mein Earth par splashdown kiya. Unhone SpaceX Dragon spacecraft mein 27,000 km/hour se zyada ki speed se Earth ki taraf safar kiya. International Space Station par rehte hue, unhone scientific investigations aur technology demonstrations ko anjaam diya. Splashdown se thodi der pehle, NASA ne tweet kiya, "Who says you can never go home again?" |
Elon Musk-led SpaceX launched 21 Starlink satellites to low-Earth orbit on Sunday (EDT). A Falcon 9 rocket, carrying the satellites, lifted off from NASA's Kennedy Space Center in Florida. Following stage separation, Falcon 9's first stage landed on SpaceX's 'Just Read the Instructions' droneship. With this, SpaceX completed its 62nd mission of 2023, surpassing last year's record of 61 missions. | Elon Musk ke netritva mein SpaceX ne Sunday (EDT) ko 21 Starlink satellites ko low-Earth orbit mein launch kiya. Ek Falcon 9 rocket, jo in satellites ko le ja raha tha, NASA ke Kennedy Space Center, Florida se uda. Stage separation ke baad, Falcon 9 ka pehla stage SpaceX ke 'Just Read the Instructions' droneship par safalta se land hua. Iske saath hi, SpaceX ne 2023 ka apna 62nd mission pura kiya, jo pichle saal ke 61 missions ke record ko paar kar gaya. |
SpaceX CEO Elon Musk said the company plans to launch 10 Falcon flights per month by the end of this year and 12 flights per month next year. His statement comes after SpaceX matched its last year's record of 61 launches on Saturday. "SpaceX has delivered around 80% of all Earth payload mass to orbit in 2023," Musk said. | SpaceX ke CEO Elon Musk ne kaha hai ki company ka plan hai is saal ke end tak har mahine 10 Falcon flights launch karne ka aur agle saal har mahine 12 flights launch karne ka. Unka yeh bayan tab aaya jab SpaceX ne pichle saal ke 61 launches ka record is Saturday ko match kiya. "SpaceX ne 2023 mein lagbhag 80% Earth payload mass ko orbit mein deliver kiya hai," Musk ne kaha. |
Apple-backed satellite communications company Globalstar has signed a $64 million launch contract with Elon Musk's SpaceX. As per a filing, SpaceX will launch satellites for Globalstar in 2025. Last year, Apple announced that the majority of its $450 million investment to support its Emergency SOS via satellite feature for iPhone 14 models will go to Globalstar. | Apple-backed satellite communications company Globalstar ne Elon Musk ki SpaceX ke saath $64 million ka launch contract sign kiya hai. Ek filing ke mutabik, SpaceX 2025 mein Globalstar ke liye satellites launch karega. Pichle saal, Apple ne announce kiya tha ki uske $450 million investment ka majority hissa, jo iPhone 14 models ke liye Emergency SOS via satellite feature ko support karne ke liye hai, Globalstar ko milega. |
Pegasystems, the startup founded by American billionaire Alan Trefler, is reportedly set to lay off approximately 4% of its employees (around 240 people) from various locations. This will be the 40-year-old company's second round of layoffs this year. Pegasystems said the job cuts, which will affect go-to-market roles, aim to simplify its client engagement and support its business strategy. | Pegasystems, jo ki American billionaire Alan Trefler dwara sthapit ki gayi thi, reportedly lagbhag 4% apne employees (lagbhag 240 log) ko alag-alag locations se lay off karne ja rahi hai. Yeh 40 saal purani company ka is saal ka doosra round of layoffs hoga. Pegasystems ne kaha ki yeh job cuts, jo go-to-market roles ko prabhavit karenge, ka uddeshya apne client engagement ko simplify karna aur apni business strategy ko support karna hai. |
After SpaceX launched its 61st rocket mission of the year to match last year's record, CEO Elon Musk tweeted, "Great work by the SpaceX team." The 61st launch was achieved when the company launched 13 satellites to low-Earth orbit on Saturday for Space Development Agency. "SpaceX has delivered 80% of all Earth payload mass to orbit in 2023," Musk noted. | SpaceX ne is saal apna 61st rocket mission launch karke pichle saal ka record match kar liya hai. Is mauke par, CEO Elon Musk ne tweet kiya, "SpaceX team ka shandar kaam." 61st launch tab achieve hua jab company ne 13 satellites ko low-Earth orbit mein Saturday ko Space Development Agency ke liye launch kiya. Musk ne yeh bhi note kiya, "SpaceX ne 2023 mein sabhi Earth payload mass ka 80% orbit mein deliver kiya hai." |