Swedish defense major Saab has initiated the construction of its new manufacturing facility in India, marking a significant milestone in bilateral relations between Sweden and India. The groundbreaking ceremony for the facility, located in the State of Haryana at MET City in Jhajjar, Haryana, underscores Saab’s commitment to establishing a strong presence in the Indian defense industry. The establishment of the facility, under the newly formed company Saab FFVO India Pvt Ltd,...
Jashid Hameed, a visionary entrepreneur hailing from Kochi, has embarked on a transformative journey with his wife, Prithvi Kini, to pioneer wellness through the innovative exploration of mushrooms. Their brainchild, Nuvedo, an agri-tech startup founded in 2021 in Bengaluru, is poised to revolutionize the agricultural landscape while unlocking the medicinal potential of mushrooms. Jashid Hameed’s Entrepreneurial Odyssey:A luminary in his own right, Jashid Hameed brings a wealth of experience and expertise to...
In the dynamic world of sports retail, Decathlon stands out not only for its exceptional products and services but also for its unwavering commitment to fostering diversity, inclusion, and empowerment within its workforce and the broader community. Piyush Khattar, the Country People Leader at Decathlon Sports India, spearheads this transformative journey, leading a diverse team of over 5000 members across various functions. In an exclusive interview, Piyush sheds light on Decathlon’s holistic...
Shark Tank India, the acclaimed platform for budding entrepreneurs to pitch their ideas to seasoned investors, has become a beacon of hope and a source of inspiration for many aspiring business owners. However, behind the glitz and glamour of television lies the harsh reality of rejection and resilience, as highlighted by Vibhuti Arora, the founder of House of Beauty, in her candid revelation about her experience on the show. In a recent...
The recent announcement by Byju Raveendran, founder of the renowned edtech giant Byju’s, has sent shockwaves through the industry and sparked concerns among employees and investors alike. In a letter addressed to the company’s staff on March 2, Raveendran disclosed the unsettling news that Byju’s would be unable to disburse salaries to its employees due to a legal dispute with certain investors. The Salient Points Raveendran’s letter outlined several key points that...
In a significant milestone for financial wellness and literacy, Zactor Tech has successfully secured pre-seed funding at a valuation of $3 million. The funding round, co-led by High Net Worth Individuals (HNIs), underscores the confidence in Zactor’s vision to modernize personal finance through technology. Founded in 2023 by Abhishek Walia and Shivam Parihar, Zactor Tech is dedicated to reshaping the landscape of personal finance by leveraging digital platforms. Their innovative approach covers...
From Sundar Pichai to Satya Nadella, Indian-origin CEOs are making waves across the corporate world, steering some of the most influential companies to unprecedented success. Their stories of perseverance, innovation, and leadership serve as beacons of inspiration for aspiring entrepreneurs and executives worldwide. Sundar Pichai: Transforming Google and Beyond Sundar Pichai’s journey from humble beginnings to the helm of Google exemplifies the power of ambition and strategic vision. As CEO, Pichai continues...
Google found itself embroiled in a contentious dispute with the Indian government over the removal of several indigenous apps from its Play Store platform. The unfolding saga, which captured headlines over the weekend, has illuminated the power dynamics between tech giants and regulatory bodies, prompting crucial discussions about monopolistic practices and the safeguarding of homegrown startups. Following the intervention of the Narendra Modi government, Google swiftly restored all the removed Indian applications....
In a recent announcement at the Mobile World Conference in Barcelona, Google DeepMind CEO Demis Hassabis addressed the temporary pause of the company’s artificial intelligence image generator, Gemini, and outlined plans for its relaunch in the coming weeks. The decision to suspend access to Gemini came after users reported instances of historically inaccurate images, including portrayals of racially diverse US Founding Fathers and Nazis. While the intention behind Gemini was to showcase...
The saga of Theka Coffee epitomizes the resilience and tenacity of its founders, Bhupinder Madan and Abhishek Acharya, who refused to succumb to setbacks and transformed adversity into opportunity. In the inaugural season of Shark Tank India, Bhupinder Madan pitched Theka Coffee, seeking Rs 50 lakh in funding for a 5% equity stake in the company. Despite impressing the sharks with their product, the founders left the show without a deal. However,...
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