Droom, Badshah Partner for Millennial, Gen Z Engagement
Droom, a leading online marketplace for buying and selling used cars in India, has announced a strategic partnership with popular rapper Badshah. This collaboration goes beyond a typical brand endorsement deal, with Badshah becoming an investor in Droom. The move signals Droom’s intent to solidify its position as the go-to platform for millennial and Gen […]
Gensol Engineering Wins Rs 520 Cr Solar Project in Maharashtra
Gensol Engineering, a prominent player in India’s solar power sector, has secured a groundbreaking contract – a turnkey EPC order valued at Rs 520 crore for a 100 MW (megawatt) solar photovoltaic (PV) power project in Maharashtra. This achievement marks a significant milestone for Gensol, representing their largest project to date. Project Details and Environmental […]
GRID INDIA Granted Miniratna Status
Grid Controller of India Limited (GRID-INDIA) has secured a landmark achievement by being conferred the prestigious Miniratna Category-I Central Public Sector Enterprise (CPSE) status. This recognition, bestowed by the Ministry of Power on March 21, 2024, underscores GRID-INDIA’s critical role in ensuring a stable and efficient national power grid. Miniratna Status a Hallmark of Excellence […]
Axis Mutual Fund, Enparadigm Launch AI Learning
Mumbai, India – March 22, 2024 – In a move poised to reshape employee development within the Indian financial services sector, Axis Mutual Fund, a leading asset management company with over ₹2.6 lakh crore in Assets Under Management (AUM), has joined forces with Enparadigm, a pioneer in AI-driven experiential learning solutions. This groundbreaking partnership signifies […]
Airtel Payments Bank Introduces Smart Watch Payment
Airtel Payments Bank is shaking up the traditional payment landscape with a feature-rich smartwatch designed for ultimate convenience. Partnering with Noise, a leading Indian smartwatch brand, and Mastercard, a payment technology giant, Airtel Payments Bank offers a sleek and secure way to make contactless payments using your wrist. Beyond Payments: A Feature Powerhouse The Airtel […]
DBS Bank India Launches $250M Support for Start-ups
DBS Bank India has made a resounding statement of confidence in India’s burgeoning startup scene. On March 21, 2024, the bank unveiled a substantial $250 million lending commitment specifically dedicated to fostering the growth of “new-age” startups and “new economy” companies. This strategic initiative underscores DBS Bank India’s unwavering commitment to nurturing a vibrant environment […]
IPL Gets Targeted Ads via Tata Play, Star Sports
In a move that promises to shake up the advertising landscape of Indian television, Star Sports and Tata Play have announced a groundbreaking partnership. This industry-first initiative will see the introduction of targeted advertising during the upcoming Indian Premier League (IPL) season. This means advertisers can now ditch the scattershot approach and strategically reach high-value […]
MUDRA Loan Scheme: Rs 27.75 Lakh Crore Disbursed
The Pradhan Mantri MUDRA Yojana (PMMY), a game-changing initiative launched in 2015 to provide institutional credit to micro and small enterprises (MSEs), has achieved a remarkable milestone. As of November 24, 2023, over Rs 27.75 lakh crore worth of loans have been disbursed under the scheme, significantly impacting over 47 crore small and new entrepreneurs […]
Pocket FM Secures $103M Funding with Lightspeed
Pocket FM, a rising star in India’s audio entertainment scene, has secured a substantial $103 million in its Series D funding round, led by Lightspeed Venture Partners with participation from Stepstone Group. This latest windfall brings Pocket FM’s total funding to a noteworthy $196.5 million and propels their valuation to an impressive $750 million. This […]
DroneAcharya, Hadron Aviation Team Up for Drone Diplomas
The Indian drone industry is on an upward trajectory, with the Drone Federation of India (DFI) predicting a market size of ₹30,000 crore (US$4.02 billion) by 2026. This growth is fueled by the integration of drones in various sectors – agriculture for crop monitoring and precision spraying, filmmaking for captivating aerial cinematography, disaster management for […]