Zee Entertainment Enterprises Ltd Undergoes Leadership Changes in Technology Division

March 16, 2024/

Zee Entertainment Enterprises Ltd (ZEEL) has announced significant changes in its technology and data vertical following the resignation of its president and group chief technology officer, Nitin Mittal. This development comes amidst strategic shifts initiated by managing director and CEO, Punit Goenka, indicating a new direction for the company’s technological operations. The departure of Nitin Mittal follows closely on the heels of Rahul Johri, president of business, who recently left the company…

BLOG, FINANCIAL NEWS, STARTUP

AuthPay Raises $450K in Pre-Seed Funding Led by SCOPE VC: Revolutionizing Fintech

March 11, 2024/

In a significant stride towards revolutionizing the fintech landscape, AuthPay, a burgeoning startup, has announced the successful closure of a pre-seed funding round, securing a substantial $450K investment led by SCOPE VC. This infusion of capital marks a pivotal moment in AuthPay’s journey, empowering the company to accelerate its growth trajectory and unlock new avenues of innovation within the fintech sector. Founded in July 2020, AuthPay has swiftly emerged as a trailblazer…

BLOG, LOCAL NEWS, MUMBAI

Understanding Economic Offences: The Case of Ashesh Mehta and Shivangi Mehta

March 11, 2024/

The denial of bail for Ashesh Mehta and Shivangi Mehta sheds light on the intricate nature of economic offences and the repercussions they entail within the legal framework of India. The duo, accused of defrauding investors to the tune of Rs300 crore, faces a series of allegations brought forth by the Economics Offence Wing (EOW) of the Mumbai Police. Ashesh Mehta and Shivangi Mehta were apprehended by authorities in December, following investigations…

DELHI/NCR, INDIAN POLITICS, LOCAL NEWS

Delhi Launches ‘Mukhyamantri Mahila Samman Yojana’: Empowering Women Through Financial Independence

March 6, 2024/

In a significant move towards women empowerment, Delhi Finance Minister Atishi unveiled the ‘Mukhyamantri Mahila Samman Yojana’ during her budget presentation for the fiscal year 2024-25 in the Delhi Assembly. Under this pioneering initiative, women above 18 years of age will receive ₹1,000 monthly, aiming to provide financial autonomy to over 50 lakh women in the capital city. With an allocated budget of ₹2,000 crore, the scheme signifies a pivotal step towards…

BUSINESS, FINANCIAL NEWS

India’s Economy Surges 8.4% in Q3 2023-24: A Glimpse into Economic Dynamics

February 29, 2024/

India’s recent economic report for the October-December period of 2023 has stunned economists and analysts alike, with a remarkable surge of 8.4% GDP growth, marking the fastest pace witnessed in six quarters. This exceptional performance, surpassing all estimates, is attributed in part to a notable upswing in manufacturing activity, as indicated by government-released data. Economists’ prognostications fell short, with forecasts pegged at 6.6% in a Reuters poll, underscoring the magnitude of India’s…

BLOG, LOCAL NEWS

Ashneer Grover’s Compassionate Response: A Reflection on Nithin Kamath’s Health Journey

February 28, 2024/

In a digital age marked by the hustle and bustle of entrepreneurship, it’s easy to become ensnared in the relentless pursuit of success, often at the expense of one’s well-being. Recently, the fintech community was reminded of the importance of prioritizing health and self-care when Nithin Kamath, the co-founder of Zerodha, shared a candid account of his battle with a mild stroke. Amidst the outpouring of support and well-wishes from social media…

BLOG, FINANCIAL NEWS, LOCAL NEWS

Insights from Aviom Housing Finance Founder Kajal Ilmi at VCCircle Limited Partners Summit 2024

February 27, 2024/

The VCCircle Limited Partners Summit 2024 in Mumbai provided a platform for industry leaders like Kajal Ilmi, Founder and Managing Director of Aviom Housing Finance, to share invaluable insights into building impact-oriented enterprises and navigating the evolving landscape of private equity and venture capital. Ilmi’s journey with Aviom Housing Finance, backed by equity capital from prominent investors such as Gojo & Company, C4D Asia Fund, Sabre Partners, Nuveen, and others, exemplifies the…

BLOG, LOCAL NEWS, NEWS

Nithin Kamath’s Health Scare: A Wake-Up Call for Prioritizing Wellness

February 27, 2024/

The recent revelation by Nithin Kamath, CEO of Zerodha, about experiencing a ‘mild stroke’ has sparked conversations about the importance of prioritizing health and wellness, even for individuals leading busy and active lifestyles. Kamath’s candid disclosure and subsequent updates on his health have resonated deeply with many, prompting reflections on the delicate balance between professional commitments and personal well-being. In his viral post, Kamath shared insights into his health scare, attributing possible…

FINANCIAL NEWS, LOCAL NEWS, NEWS

Navigating Financial Outlooks: Insights from Trideep Bhattacharya, Chief Investment Officer – Equities, Edelweiss AMC

February 26, 2024/

In an ever-evolving economic landscape, the importance of strategic foresight and diversified investment approaches cannot be overstated. Trideep Bhattacharya, Chief Investment Officer – Equities at Edelweiss AMC, shares his perspectives on the financial outlook for the upcoming fiscal year 2024-2025 and sheds light on India’s resilience amidst global economic challenges. Diversification: A Shield Against Volatility Trideep Bhattacharya underscores the critical role of diversification across asset classes, sectors, and geographies in mitigating potential…

FINANCIAL NEWS, LOCAL NEWS, NEWS, STARTUP

Beautywise Raises Rs 6.5 Crore in Funding Round: A Step Towards Beauty and Wellness Innovation

February 26, 2024/

In a significant development for the beauty and wellness industry, startup Beautywise has successfully raised Rs 6.5 crore in a funding round led by AC Ventures, with co-leadership from Fluid Ventures, Real Time Angel Fund (RTAF), GSF, and participation from LetsVenture Angel Fund. The funding round also saw support from a diverse array of prominent investors, including Dinesh Agarwal, Murugavel Janakiraman, and Akshay Ghulati, among others. Beautywise, founded by Anousha Chauhan and…

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