Founded in 2011 by Krishna, Anand Prakash, Saurabh Saxena, and Pulkit Jain, the K12 edtech firm became a unicorn in September 2021 after raising $100 million in a funding round led by Temasek-backed impact investing fund ABC World Asia. In…
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The Centre’s Department for Promotion of Industry and Internal Trade (DPIIT) and Hafele India Pvt Ltd have signed a Memorandum of Understanding to strengthen India’s manufacturing and innovation ecosystem by empowering product startups, MSMEs, and entrepreneurs, according to an official statement issued on Thursday.
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Reserve Bank of India may give a record dividend to the government. This could offset tax revenue shortfalls due to slow growth. Economists predict a payout between 3 to 3.5 trillion rupees. The windfall will help bridge the gap in…
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Leading industry bodies, including FICCI, are urging the Commerce Ministry to extend the RoDTEP scheme for AA, EOU, and SEZ units beyond February 5, 2025, at least until September 30, 2025.
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In a recent address, Prosus CEO Fabricio Bloisi underscored the tremendous potential within India’s market landscape. The firm has made substantial investments, reaping substantial rewards. The successful IPO of Swiggy marked a pivotal moment for the company. Additionally, Prosus’s investment…
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INDIA-DEBT/Indian firms look homewards for borrowings as local yields fall, global appetite stays weak
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