Our FinTech startups? They aren’t just making waves; they’re tossing the old rulebook out the window and, honestly, setting the whole banking world on fire. I mean, think about it: over 6,600 FinTech ventures are waging this incredible, full-frontal assault on what we used to call “traditional banking.” And guess what’s fuelling this absolute digital…
Listen up, because India’s Union Budget 2024, unveiled by our very own Finance Minister Nirmala Sitharaman, is honestly a pretty bold bet. We’re talking a massive wager on our incredible startups and, just as crucially, our vast network of small businesses. The goal? To truly ignite our already bustling $350 billion ecosystem, which, believe it…
last year was a pretty rough ride for some of India’s startups. You might remember the buzz around a few big names, then the quiet disappearance. It was tough. Funding, the very lifeblood of these ventures, absolutely tanked – a staggering 42% drop to just $7 billion amidst a brutal global economic slump. Our vibrant…
Step into Delhi’s bustling markets or even the quiet, serene villages of Tamil Nadu, and you’ll spot it: a vibrant green wave sweeping across India’s startup landscape. It’s pretty exciting, actually. In 2024, more than 3,000 green startups were busy turning genuine sustainability into serious, profitable business. Just look at the numbers: the clean energy…
Mumbai, Maharashtra – Alright, let’s talk about India’s startup world in 2025. Something genuinely interesting is brewing. It’s a quiet, but powerful, rebellion: founders are opting out of the venture capital race and choosing to build their businesses the good old-fashioned way – bootstrapping. Think about it: with global economic jitters tightening purse strings, VC…
July 3, 2024 Ultimate Kronos Group (UKG), a prominent player in the staffing software sector, has executed a significant round of layoffs, affecting approximately 2,200 employees. The layoffs, amounting to about 14% of its workforce, were disclosed in an email sent by UKG CEO Chris Todd on July 3, just ahead of the July 4…
3 July 2024 Another round of layoffs has been announced by Redmond, Washington-based Microsoft as part of its ongoing staff restructuring. The computer behemoth, renowned for its wide-ranging product offerings and global presence, has not released precise employment figures for those impacted by these recent layoffs. Information about the Layoffs It has been reported that…
The National Company Law Tribunal (NCLT) has mandated that the troubled edtech giant Byju’s pay outstanding worker salaries regardless of its funding situation. If the tribunal’s warning was ignored, the Institute of Chartered Accountants of India (ICAI) would perform an audit. Following the NCLT’s Bengaluru bench’s consideration of a workers’ plea seeking restitution for unpaid…
In response to new US subsidies intended to boost local manufacture of electric cars (EVs), Chinese automakers are turning to Morocco. Chinese companies have made significant investments in this North African nation in an effort to benefit from the $7,500 credit offered to US automobile buyers. These investments are concentrated in Morocco because of its…
By the conclusion of the fiscal year (FY28), leading health insurance provider Star Health and Allied Insurance Co Ltd hopes to have doubled its gross written premium (GWP) to ₹30,000 crore. This difficult goal will be achieved by increasing market penetration in both urban and rural areas. The gross domestic product (GWP) of the Chennai-based…
