Bengaluru Startup Laid Off 40-50 Employees to Manage Financial Strain

Bengaluru Healthtech Startup Cuts 20% of Workforce to Curb Losses, according to INC42 report. The Layoff affected 40-50 employees, The company has taken these major steps to avoid company losses. Dozee was started in 2015 by Mudit Dandwate and Gaurav Parchani, now facing financial losses and difficulties. According to sources, the layoffs were not based…

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Zerodha-backed Rainmatter invests Rs 10 Crore each in Boson Whitewater and TruNativ

Zerodha-backed Rainmatter, known for its strategic investments in innovative startups, has announced significant funding for two promising companies, Boson Whitewater and TruNativ. The investment firm, established by Zerodha’s founders to support impactful ventures, is injecting Rs 10 Crore into each of these startups, marking a significant step in its mission to nurture companies that align…

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Fampay launches Namaspay: A UPI app for Foreign Travelers in India

In a significant move to cater to the growing number of foreign tourists visiting India, Fintech startup Fampay has launched Namaspay, a UPI (Unified Payments Interface) app designed specifically for International Travelers. This innovative application aims to simplify digital payments for foreigners, enabling them to navigate the Indian Market with ease and convenience. Namaspay allows…

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Union Cabinet Approves Kaynes Semicon’s Proposal for Rs 3,300 Crore Semiconductor Unit in Gujarat

The Union Cabinet has given the green light to Kaynes Semicon’s proposal to establish a state-of-art semiconductor unit in Gujarat. With an investment of Rs 3,300 Crore, this initiative marks a significant step towards bolstering India’s position in the global semiconductor Industry. The plant, which will be located in Dholera, Gujarat, aims to not meet…

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Applied Materials

US-based Applied Materials to Establish a Center of Excellence in AI and Data Science in Tamil Nadu, to create 500 jobs

Applied Materials, A leading US-based company specializing in materials engineering solutions, has announced plans to establish a Center of Excellence (CoE) in Artificial Intelligence (AI) and Data Science in Tamil Nadu, India. This strategic move underscores the company’s commitment to leveraging cutting-edge technology to drive innovation and efficiency in the semiconductor and display manufacturing industries….

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Blue-Tokai-Coffee-Raises-35-Million-in-Series-C-Funding-led-by-Verlinvest

Blue Tokai Coffee Raises $35 Million in Series C Funding led by Verlinvest

Blue Tokai Coffee, one of India’s leading specialty coffee brands, has successfully raised $35 Million in its latest Series C funding round, led by Belgian investment firm Verlinvest. This sustainable infusion of capital marks a significant milestone in Blue Tokai’s Journey, demonstrating investor confidence in the brand’s vision and its potential to dominate the specialty…

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Sourav Joshi Joins Lava International as Brand Ambassador

Sourav Joshi Joins Lava International as Brand Ambassador

Sourav Joshi India’s fastest-growing vlogger on YouTube with 28.9 million subscribers, joins Lava International as their brand ambassador. Mr. Puravansh Maitreya, Marketing Head at Lava International Ltd., emphasized that this collaboration aims to connect with young consumers and align with their values through the brand’s products and services. In the era of social media influence,…

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