HealthifyMe Records Fiscal Improvement with a 10% Drop in Losses Amidst Revenue Surge HealthifyMe, a prominent health technology startup, has demonstrated fiscal resilience with a notable reduction in total losses for the financial year ending March 31, 2023. The company reported a commendable 10% decrease in losses, marking a decline from Rs 157 crore in …
Groww’s Strategic Move Domicile Shift to India through Cross-Country Merger Raises Tax Questions Indian investment platform Groww is charting a strategic course by planning to shift its domicile to India through a cross-country merger. The move involves merging its US holding company, Groww Inc, with the Indian entity, Billionbrains Garage Ventures. While this shift holds …
ONDC Pioneering Digital Transformation in India’s E-Commerce Landscape In a significant move towards digital innovation and inclusivity, the Indian government’s Department for Promotion of Industry and Internal Trade launched the Open Network for Digital Commerce (ONDC) in 2021. This visionary initiative is poised to reshape the e-commerce industry by establishing a robust digital network designed …
Inito Secures Funding to Propel Global Expansion and Advance AI-Driven Diagnostics Inito, a pioneering health tech company, has successfully secured funding to fuel its ambitious plans for global expansion and technological advancement. The funds will be allocated to support the growth of its hormone test, enhance analytical capabilities through artificial intelligence (AI), and facilitate research …
WeWork India Expands Footprint in South India with Two New Facilities in Bengaluru and Hyderabad In a strategic move to strengthen its presence in South India, co-working giant WeWork India has secured a lease for 2.72 lakh sq ft of office space, spanning across Bengaluru and Hyderabad. The new spaces are set to accommodate approximately …