A significant portion of the latest financing round comprises secondary share sales, conducted at a lower valuation of around $750-800 million. In contrast, the primary funding infusion was executed at a flat valuation of $1.4 billion. While secondaries are typically…
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Per data shared by executive search firm Longhouse Consulting, the year saw a trend in the startup ecosystem of some leaders choosing to move away from their cofounder roles to take on senior executive positions, bringing their entrepreneurial expertise to…
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Indian startups saw a funding revival in 2024, reaching $11.3 billion, slightly up from $10.7 billion in 2023. While VC firms have ample capital, they are cautiously deploying funds, prioritizing profitability and strong governance. Zepto led funding with $1.4 billion,…
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Director General of Foreign Trade Santosh Kumar Sarangi said that the department of commerce has been “struggling” to convince the finance ministry regarding the relevance of the Interest Equalisation Scheme (IES) and the extent to which it is maintaining manufacturing…
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Mohandas Pai criticizes stagnant wages for entry-level IT workers, highlighting a mere 15% increase since 2011 despite significant CEO compensation growth. He emphasizes the need for fair wages, especially for the bottom 60% of earners, advocating for higher minimum wages…
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Markets regulator Sebi has decided to defer the ESG disclosure deadline for value chain partners of listed companies by one year until FY26, giving more time to them to comply with the Business Responsibility and Sustainability Reporting (BRSR) requirements.
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