Swiggy Prepares for IPO with Name Change and Strategic Appointments

February 25, 2024/

In a strategic move ahead of its highly anticipated initial public offering (IPO), Swiggy, the leading player in India’s food delivery market, has announced a significant change in its registered name. Formerly known as Bundl Technologies Private Limited, the company will now operate under the name Swiggy Private Limited, pending approval from the Registrar of Companies (RoC). The decision to rebrand aligns with Swiggy’s objective to establish a stronger corporate identity closely…

BUSINESS, SCIENCE, TECH

Rise of the Robo Titans: Jeff Bezos, Nvidia, and More Fuel Figure AI’s Futuristic Pursuits

February 25, 2024/

In a groundbreaking development shaping the future of artificial intelligence and robotics, Figure AI, a startup specializing in human-like robots, has garnered significant investments from tech titans including Jeff Bezos and Nvidia. The infusion of funds from these prominent players underscores the burgeoning interest in innovative AI-driven solutions and underscores a pivotal moment in the evolution of intelligent robotics. Backed by industry heavyweights like ChatGPT-maker OpenAI and Microsoft, Figure AI is currently…

LOCAL NEWS

Tackling Overfishing: A Crucial Step Towards Sustainable Fisheries

February 25, 2024/

As the World Trade Organization (WTO) prepares for its upcoming ministerial conference in Abu Dhabi, negotiations on a new global agreement to address fisheries subsidies have reached a pivotal stage. The draft text, forged through recent deliberations at the WTO headquarters in Geneva, holds the promise of curbing subsidies that contribute to overcapacity and overfishing in the world’s oceans. India, often portrayed as a challenging voice in trade talks, has emerged as…

BUSINESS, LOCAL NEWS

Unveiling the Marketing Maestro: A Glimpse into Shetty’s Storied Career

February 24, 2024/

In the dynamic realm of marketing and e-commerce, few names command as much respect and admiration as Shetty’s. With a multifaceted skill set encompassing P&L management, E-commerce, digital strategy, and more, Shetty emerges as a luminary whose expertise has left an indelible mark on the industry. Before assuming his current role at Swiggy, Shetty held the prestigious position of Chief Marketing Officer (Global) at Stader Labs, where his visionary leadership and strategic…

BUSINESS, FINANCIAL NEWS, NEWS

Nvidia Hits $2 Trillion Market Valuation: A Tech Milestone Driven by AI Demand

February 24, 2024/

Nvidia, the leading chipmaker, achieved a historic milestone on Friday, February 23, as its market valuation soared to $2 trillion for the first time. This remarkable feat comes amid a relentless surge in demand for Nvidia’s chips, fueled by the ongoing tech rally on Wall Street and the widespread adoption of artificial intelligence (AI) technologies. The ascent to the $2 trillion mark followed Nvidia’s blockbuster quarterly report and robust revenue forecast, which…

BUSINESS, FINANCIAL NEWS

Uber CEO Dara Khosrowshahi Explores Collaborative Opportunities with Adani Group During India Visit

February 24, 2024/

Uber CEO Dara Khosrowshahi’s recent visit to India has sparked anticipation and excitement as the tech giant explores potential collaborations with Indian business magnate Gautam Adani and his conglomerate, the Adani Group. The meeting between Khosrowshahi and Adani signals a shared vision for the future of mobility and sustainable development in India. During their interaction, both Khosrowshahi and Adani expressed admiration for India’s dynamic growth narrative and underscored their commitment to contributing…

BUSINESS, FINANCIAL NEWS

Yulu Raises $19.25 Million in Equity Funding: A Boost for Electric Two-Wheeler Mobility

February 24, 2024/

Yulu, the six-year-old electric two-wheeler company, has secured a significant boost with a $19.25 million equity funding round from existing investors Magna and Bajaj Auto Ltd. This infusion of capital underscores Yulu’s commitment to enhancing last-mile connectivity and advancing electric vehicle (EV) technology in urban areas. The additional funding will empower Yulu to sustain its growth trajectory and bolster its market leadership position by expanding its fleet of vehicles, operational footprint, and…

BLOG, FINANCIAL NEWS, LOCAL NEWS

Riding the Renewable Wave: A Glance Back at the Clean Energy Surge

February 24, 2024/

Just a few years ago, renewables were basking in the limelight. The combination of rock-bottom interest rates and advancing technologies had ushered in a golden era for clean power. Harnessing the sun and wind, which come free of charge, became increasingly cost-effective as the price of solar panels and wind turbines plummeted. The trajectory of renewables was marked by a remarkable decline in the levelised cost of electricity (LCoE) between 2010 and…

BUSINESS, STARTUP

Exploring the Latest Episode of Shark Tank India: Unveiling Face Yoga as an Alternative to Plastic Surgery

February 24, 2024/

In the latest episode of Shark Tank India, viewers witnessed a compelling pitch by an entrepreneur specializing in face yoga. Vibhuti Arora, the founder of House of Beauty India, took the spotlight as she presented her innovative approach to skincare and beauty enhancement. With judges Aman Gupta, Namita Thapar, Anupam Mittal, Vineeta Singh, and Amit Jain in attendance, the episode promised insightful deliberations and thought-provoking discussions. The Pitch:Vibhuti Arora’s pitch revolved around…

BUSINESS, GLOBAL BLEND, STARTUP

From Microsoft to Plant Care Entrepreneur: The Story of Aabesh De and Flora

February 23, 2024/

In a tale that underscores the transformative power of passion and innovation, Aabesh De, former Microsoft employee turned entrepreneur, took a leap of faith to pursue his dream of revolutionizing plant care. His journey, from corporate corridors to the lush green world of flora, culminated in a triumphant appearance on Shark Tank US, where he secured a deal worth $300,000 for his venture, Flora. A Blossoming Idea: The seeds of Flora were…

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