Wearing a large gold bracelet studded with gems and a gold chain around his neck, Siddha Akshar eschews the stereotypes usually associated with yoga gurus. Akshar Yoga founder and yogi Akshar (41), has trained sports personalities like Sunil Gavaskar, the Phogat sisters and many Bollywood celebrities. How did Akshar, born in a humble army family, … Read more
Contract manufacturing startup Zetwerk, led by Khosla Ventures and IndiGo Airlines co-founder Rakesh Gangwal, has raised $70 million in its latest funding round at a valuation of $3.1 billion. Other investors in this round included Baillie Gifford, Greenocks and Avenir Growth. Zetwerk previously raised $20 million in March 2024, bringing its total raised for the … Read more
Multiples, an alternative asset management company, has acquired a minority stake in INSTANT-XP, a tech-enabled B2B express logistics company. INSTANT-XP, founded by brothers Rajveer Singh and Jasveer Singh, is an express logistics company. It has proprietary functional technology for customers, consignors, truckers, drivers and other stakeholders in the logistics ecosystem. “INSTANT-XP is a proxy play … Read more
Ola Electric will open 3,200 stores on December 25, quadrupling the brick-and-mortar store footprint of the electric two-wheeler. This will bring the company’s total store count to 4,000. With the expansion, Ola Electric aims to bring its products closer to households, part of the company’s new #SavingsWalaScooter campaign. On December 2, the company said it … Read more
Brokerage platforms Zerodha and Paytm Money have launched their respective Margin Trading Facilities (MTF), enabling customers to leverage borrowed funds for stock purchases. Zerodha has introduced MTF products with caution about the associated risks, while Paytm Money seeks to attract retail investors with limited-time 1% interest. In a social media post, Zerodha co-founder and CEO … Read more
As 2025 approaches, it’s a perfect time for a little soul-searching about our careers and aspirations. While it’s easy to get swept up in the excitement of our professional dreams and ambitions, it’s important to face some hard truths that can impact our paths ahead. Here are 10 powerful insights you can consider as you … Read more
Indian fintech startup Velocity will allocate Rs 200 crore to support the development of cloud kitchens and restaurants operating on food delivery platforms such as Zomato and Swiggy. The initiative, set to roll out in 2025, will provide cash flow-based financing to food and beverage brands looking to expand operations, purchase equipment or invest in … Read more
fund Climate-tech startup Fitsol raises $1M in seed funding from Transition VC Fitsol, a decarbonization platform designed for the manufacturing industry, has raised $1 million in a seed funding round from Transition VC. Fitsol will use the raised capital to accelerate growth by enhancing its flagship platform Kyoto’s AI for advanced analytics and lifecycle assessment, … Read more
Quick commerce unicorn Zepto has elevated Shashank Shekhar Sharma to lead the company as CXO for Zepto Cafe, as the quick bites offering has seen good demand. In his new role, Sharma will be responsible for cafe operations, expanding its footprint, equipment procurement and quality control as well as overseeing Zepto Cafe’s end-to-end customer experience. … Read more
As online shoppers across India are increasingly gravitating towards digital payments, cash remains king, according to a report by D2C enabler SaaS platform, Shopflow. About 40% of all ecommerce orders are processed through UPI, second only to cash-on-delivery (COD) orders, which declined marginally from 46.5% to 45.6% in 2023-24. However, this does not take into … Read more