Meet the two founders who joined hands to create a Rs 200 Cr fashion brand

In 2014, two professionals from vastly different worlds took a leap of faith and entered the competitive world of fashion. Ragini Roy, with her deep understanding of customer preferences and fashion, and Shrikant Chandak, a numbers-driven entrepreneur, came together with a shared vision: to create a brand that would redefine ethnic fashion for modern Indian … Read more

Startup news and updates: Daily roundup (September 17, 2024)

PVV Srinivasa Rao joins Atria Convergence Technologies as CEO ACT Fibernet (Atria Convergence Technologies Ltd.), a fiber-focused wired broadband ISP (Internet Service Provider), has appointed PVV Srinivasa Rao (Srini) as its new Chief Executive Officer (CEO). In this role, Srini will guide ACT Fibernet into its next phase of growth, continuing to build on the … Read more

AWS, Vodafone Idea suspend BYJU’S services due to nonpayment of dues

Service providers such as Amazon Web Services (AWS) and Vodafone Idea have suspended their services to BYJU’S due to unpaid dues, as the troubled edtech firm faces mounting challenges, including multiple legal battles and a severe liquidity crisis. BYJU’S has not paid AWS for at least two months, and has not recharged its commercial calling … Read more

Nexus Venture Partners sells 5.97% stake in India Shelter Fin for Rs 482 Cr

Venture capital firm  Nexus Venture Partners on Monday divested a 5.97% stake in India Shelter Finance Corporation for Rs 482 crore through open market transactions. The Gurugram-based India Shelter Finance Corporation focuses on first-time home loan buyers in the low- and middle-income group in Tier-II and Tier-III cities of India. US-based Nexus Venture Partners, … Read more

This Bengaluru-based startup’s AI agent helps streamline the jobs of sales professionals

For any B2B organisation, the role of Sales Development Representatives (SDRs) and Business Development Representatives (BDRs) is paramount. While SDRs reach out to new leads for outbound sales, BDRs are essential for growth as they find lucrative ventures for a business. Like all industries, the job of sales professionals in business development too has been … Read more

The art of staying agile in the beverage market

The journey of a startup is rarely smooth sailing. Navigating the uncertain terrain for positioning a brand, securing funding, and carving a niche in the dynamic market presents several challenges. These hurdles become even more daunting when the market itself becomes a moving target, constantly evolving with changing consumer preferences, technological advancements, and unforeseen disruptions. … Read more

Veefin steps up acquisition spree with Rs 125 Cr purchase of EpikIndifi

White-labeled supply chain finance and digital lending services provider Veefin Solutions has acquired a banking-focused software solutions company EpikIndifi in a Rs 125 crore cash and equity swap deal, extending its acquisition spree. In an interview with YourStory, Gautam Udani, Chief Operating Officer & Wholetime Director of Veefin Solutions said four key factors drive the … Read more

Piyush Goyal Launches BHASKAR: India’s Largest Startup Registry to Empower Over 1.46 Lakh Startups

On September 16, 2024, Union Minister Piyush Goyal officially launched the Bharat Startup Knowledge Access Registry (BHASKAR), this initiative aims to centralise and enhance collaboration among various stakeholders within the entrepreneurial landscape. As India continues to emerge as a global hub for innovation, BHASKAR is set to play a pivotal role in shaping the future … Read more