The company’s total expenses also increased to Rs 14,149 crore in FY24 from Rs 13,325 crore in FY23.
The deal marks IFC’s first investment to finance energy-efficient (EE) machinery for MSMEs in India.
The scheme gives preference to first-time participants and units from remote locations such as from aspirational districts and also from…
Earnings before interest, tax, depreciation and amortisation increased to Rs 856 crore from Rs 403 crore. However, expenses also increased…
Existing investors, including Xponentia Capital, Finsight Ventures, Harbourfront Capital, and Pegasus India Evolving Opportunities Fund, also participated in the round.
The company aims to launch a micro-satellite constellation capable of capturing space data and providing real-time insights to government and…
Founded in 2023, Induz provides secure, encrypted data management within confidential computing environments, ensuring that neither cloud providers nor Induz…
The company said it has bought a 50 per cent stake in an all-cash deal in Walnut which offers technology…
Founded in 2019, drone technology provider Marut Drones is also exploring disaster management and surveillance applications other than its key…
Obtaining necessary identifiers like TAN, GSTIN, DIN, etc., ensures compliance with tax deduction, goods trade, and corporate governance requirements.
Delhi alone expected to see Rs 1.5 lakh crore business across 4.5 lakh weddings this year.
Brainbees Solutions, which operates baby-care retailer FirstCry, saw its valuation jump 44% on the listing day to Rs 32,783 crore…
The total priority credit to MSMEs in September was 15.2 per cent of India’s non-food credit of Rs 171 lakh…
Sports nutrition startup Nutrabay claims that its private label has achieved an 80% growth in revenue over the last year,…
One of the other winners of the startup battle is an18-year-old first year student of Computer Science and Data Analytics…
E-commerce company Meesho on Wednesday reported in FY24 results with operating cash flow turning positive to Rs 232 crore from…
Nordea Growth Fund, DCAP Select and PH ventures also participated in the round. The company said new funds will help…
CAIT Secretary General Praveen Khandelwal said in a statement that a decline in Diwali-related Chinese product sales is expected to…