Naman Bansal

Indkal Technologies Raises 300 Crores in Series A Funding

The series A round led by Aries Opportunities Fund and other strategic investors. Indkal will utilize the proceeds to expand is product offerings and strengthen sales and service network. Hyderabad, June 13, 2024: Indkal Technologies Private Limited, one of India’s fastest-growing consumer electronics startups has raised $36 million (approximately 300 crores INR). The round was led by Mauritius based Aries …

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Minister Sridhar Babu Inaugurates Innovera Pharma’s New Site in New Jersey During USA Visit

India, 13th June 2024 – In a significant stride towards helping Telangana companies and entrepreneurs scale globally, Minister Sridhar Babu inaugurated Innovera Pharma’s latest site in New Jersey, USA, during his recent visit. The roots of this robust collaboration were established during a key meeting at the World Economic Forum (WEF) in Davos wherein Hon’ble Chief Minister Mr. Revanth Reddy …

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Colruyt Group India invests INR 150M into Pavestone Technology Fund

Hyderabad, India, June 13th, 2024: Colruyt Group India, part of the EUR 9.9 billion Belgium-based Colruyt Group, has committed to invest INR 150 million to Pavestone Technology Fund, a SEBI-registered AIF with a target Corpus of INR 900 crore. This marks the second investment for Colruyt Group India in their portfolio of VC investments after pi Ventures in 2023. Hari …

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Kotak Life partners with Mahindra Finance to offer Life Insurance to customers

Bengaluru, June 13, 2024: Kotak Mahindra Life Insurance Company Ltd. (“Kotak Life”) today announced its corporate agency partnership with Mahindra & Mahindra Financial Services Limited (“Mahindra Finance”), one of India’s leading Non-Banking Finance Companies. The partnership will benefit over 10 million customers of Mahindra Finance by offering a wide range of tailor-made life insurance solutions provided by Kotak Life. The …

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Tata Steel and Australia’s Monash University sign MoU to set up sustainability-focused Centre for Innovation

~ Centre will focus on decarbonisation, resource recovery from sustainable sources, and technologies towards smart manufacturing ~ ~ Will provide educational and professional opportunities for students and academia, and foster the exchange of knowledge and talent between India and Australia ~ Bengaluru, June 13, 2024: Tata Steel and Australia’s Monash University have signed a Memorandum of Understanding (MoU) to set …

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ZELIO Ebikes Launches Affordable X Men Low-Speed Electric Scooter in Five Variants, Starting from INR 64,543 Ex-Showroom

The X Men scooters boast a powerful 60/72V BLDC motor, sipping just 1.5 units of electricity per charge for efficient performance 13th June 2024: ZELIO Ebikes, a leading EV two-wheeler startup, has launched its new low-speed electric scooter, X Men, marking a key addition to its innovative product lineup. Available in five distinct variants, the X Men scooters are priced …

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SportsBaazi records 100% revenue increase during IPL 2024 and 1.5x surge in engagement during the first week of T20 World Cup

Average time spent on the platform increased by over 2X, from 11 minutes to 26 minutes Virat Kohli, Jasprit Bumrah, Travis Head and Sunil Narine were the most picked players in the fantasy gaming category India, 13 June 2024: SportsBaazi, India’s premier sports gaming platform, since its inception has been working towards elevating the sports gaming experience; shifting the phenomenon …

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Association of Indian Forging Industry (AIFI) appoints Mr. Ashwani Jotshi as Secretary General

Mumbai, June 13, 2024: The Association of Indian Forging Industry (AIFI), the General Body of the Indian Forging Industry in India has announced the appointment of Mr. Ashwani Jotshi as its new Secretary General. With an illustrious career spanning over three decades at the Automotive Component Manufacturers Association of India (ACMA), Mr. Jotshi brings a wealth of experience and a …

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Omega Seiki Mobility Partners with Orbitsys Technologies for Dealer Management System to gain Faster Insights and Improve Productivity

New Delhi, 13th June 2024: Omega Seiki Mobility (OSM) and Orbitsys Technologies have partnered today for the Dealer Management System. Orbitsys DMS’s cutting-edge software and OSM’s industry-leading electric vehicles come together to provide dealers with a powerful suite of tools for exceptional performance in both sales and service. This partnership will help OSM in creating a fully integrated cloud-based solution …

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TeamLease Foundation and Relaxo Footwears Limited Celebrate the Graduation of the First Batch from the Employability Enhancement Training Program

India, June 13th, 2024 – TeamLease Foundation, the CSR arm of TeamLease Group, proudly announces the successful graduation of the first batch of 25 trainees from the employment-linked training program in the retail sector. This transformative initiative, funded by Shri Mool Chand Dua Memoria Society under the aegis of Relaxo Footwears Limited, aims to enhance employability among local youths and …

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