Introduction In a significant development, Wipro Ltd., one of India’s leading IT services companies, has announced its plans to acquire the U.S.-based IT consulting firm Applied Value Technologies (AVT) for $40 million. This strategic acquisition aligns with Wipro’s vision to ...
Community @ 100X Venture Hub Latest Articles
Swiggy Launches ‘Scenes’ for Live Events and Ticketing Amid Rivalry with Zomato
Food delivery giant Swiggy, led by Sriharsha Majety, has introduced a new feature called ‘Scenes’ within its main app, focusing on live events and ticketing. This launch comes shortly after rival Zomato debuted its standalone experiences app, District, intensifying competition ...
India’s Business Activity Surges to 4-Month High: HSBC Flash PMI Hits 60.7 in December
Introduction India’s business landscape ended the year on a strong note as the HSBC Flash Purchasing Managers’ Index (PMI) climbed to a robust 60.7 in December, marking a 4-month high. This impressive performance reflects rising demand, improved production, and a ...
Swiggy and Zomato's Strategic Push into Processed Food & Lightning-Fast Delivery
Introduction The food delivery landscape in India has witnessed significant evolution, with Swiggy and Zomato leading the charge in transforming consumer habits. Over the years, these platforms have revolutionized the convenience of food delivery by offering a diverse menu, from ...
Mobikwik IPO: A Business Perspective on Opportunities, Challenges, and Future Outlook
In December 2021, Mobikwik, one of India’s leading fintech platforms, filed for its initial public offering (IPO), sparking significant interest from investors and market analysts. The company, which specializes in mobile payments, digital wallets, and financial services, has long been ...
Fibroheal Woundcare Secures Rs 6.3 Crore Funding to Scale Silk-Based Medical Devices
Bengaluru-based Fibroheal Woundcare, a pioneering Indian startup in silk protein-based wound management, has raised Rs 6.3 crore in funding from promoters and a new group of investors, including prominent surgeons, medical professionals, and bankers. Additionally, the company has received a ...
Uber Launches ‘Uber Moto Women’ in Bengaluru for Safer and Inclusive Rides
American ride-hailing giant Uber has introduced a women-only bike taxi service, ‘Uber Moto Women,’ in Bengaluru, Karnataka. The initiative is aimed at addressing women’s safety and mobility concerns while creating flexible earning opportunities for female drivers. This unique service ...
Zerodha Crosses $1B in Revenue for FY24, Sees 89% Surge in Profit Despite Upcoming Challenges
Zerodha, India’s largest retail stock brokerage, has achieved an extraordinary milestone by surpassing $1 billion (₹9,372 crore) in revenue for the fiscal year 2024. This remarkable achievement underscores the company’s dominant position in India’s competitive online brokerage market. Additionally, Zerodha ...
Godrej’s Smart Locks and Home Security Products: Pioneering the Future of Home Automation in India
Introduction: The Rise of Home Automation in India The smart home revolution is rapidly gaining momentum across the globe, with technology-driven innovations making everyday life more convenient, secure, and efficient. India, a growing hub for tech-savvy consumers, is no exception ...
Tata Consumer Products Sets a New Standard with Sustainable Packaging Innovations
Introduction: The Shift Towards Sustainability in FMCG Sustainability has emerged as a central pillar of corporate responsibility in recent years, with consumers increasingly demanding eco-friendly products. This trend is particularly noticeable in the Fast-Moving Consumer Goods (FMCG) sector, where environmental ...