Udaan in Talks with M&G Prudential for Equity Round, Valuation Expected to Dip Below $2 Billion Udaan, the Indian B2B e-commerce platform, is currently in discussions with UK-based savings and investment firm M&G Prudential to spearhead an upcoming equity round. The fresh investment, estimated to range from $100 million to $150 million, is anticipated to …
Byju’s The EdTech Giant’s Growth and Challenges Byju’s, the renowned EdTech giant that revolutionized education in India, has experienced a tumultuous journey marked by remarkable growth and significant challenges. The company’s initial growth was propelled by an aggressive marketing strategy that helped it capture a substantial market share. However, this rapid expansion came at a …
India’s Push for Self-Sufficiency Partnership to Boost Electronics Manufacturing India is on the verge of a transformative step to fortify its electronics manufacturing capabilities, reduce dependence on imports, and bolster self-sufficiency in this vital sector. A strategic partnership is set to drive chip manufacturing within the country, marking a significant shift in India’s electronics landscape. …
From Hovercrafts to High-Flying Success The Evolution of India’s ideaForge Founded as a college project at the prestigious Indian Institute of Technology (IIT) Bombay in 2004, ideaForge has charted an extraordinary journey of innovation and transformation. Ankit Mehta and Rahul Singh, the visionaries behind the venture, initially embarked on a mission to create a hovercraft. …
Infosys Launches Global Generative AI Labs to Drive Industry-Specific AI Solutions Infosys, a leading global technology services company, is gearing up to make significant strides in the world of artificial intelligence (AI). The company has announced its plans to establish a series of Global Generative AI Labs, dedicated to the development of industry-specific AI solutions …