As the year 2025 dawns, India’s burgeoning tech ecosystem is poised to present unprecedented investment opportunities. With the startup culture maturing rapidly, the country has become a hotspot for both domestic and international investors seeking to tap into the innovation ...
Community @ 100X Venture Hub Latest Articles
Ola Electric’s Executive Exits and Its Impact on Stock Performance
Introduction Shares of Ola Electric fell as much as 4.6% during intraday trading on December 30, closing at INR 85.93, following a series of high-profile executive exits. The recent resignations of CMO Anshul Khandelwal, CTPO Suvonil Chatterjee, and CHRO ...
Axis Bank Manager and Associates Embezzle INR 12.5 Cr from CRED’s Parent Company
Introduction In a significant financial fraud case, the Bengaluru police arrested an Axis Bank relationship manager, Vaibhav Pithadiya, and three associates from Gujarat for allegedly embezzling INR 12.5 Cr from Dreamplug Paytech Solutions, the parent company of fintech unicorn ...
Impact on Quick Commerce Operation
Introduction Jitendra Bagga, Vice President of Central Operations at Zepto, has resigned after a nine-month tenure. Joining the quick commerce startup in April 2024, Bagga oversaw key warehousing projects, including mother hubs and line haul operations, during a period ...
Srinivas Yanamandra’s Resignation from Paytm and Its Organizational Impact
Introduction Paytm, one of India’s leading fintech companies, announced the resignation of its Head of Compliance, Srinivas Yanamandra, effective February 28, 2025. Yanamandra, who joined Paytm in April 2022, has decided to pursue academic research opportunities, marking a shift ...
Zomato's Dominance in the Food Delivery Market – FY24 Performance and Future Outlook
Introduction Zomato, one of India’s leading food delivery platforms, has significantly strengthened its position in FY24, surpassing its closest rival, Swiggy. With over 50% of its revenue coming from food delivery, Zomato’s ability to adapt to shifting consumer preferences ...
AI Adoption in India – Perplexity CEO’s Meeting with PM Narendra Modi
Introduction Artificial Intelligence (AI) is shaping the future of global industries, offering transformative solutions to complex challenges. India, with its growing technological ecosystem, is poised to become a leader in AI innovation and adoption. On December 28, 2024, Aravind Srinivas, ...
Jodhpur’s Role in Rajasthan’s Digital and Agricultural Revolution
Introduction This case study examines how Jodhpur, a historic city in Rajasthan, is emerging as a hub of innovation and entrepreneurship. The Digital Rajasthan Yatra 2024 has brought attention to Jodhpur’s blend of rich cultural heritage and modern technological ...
MapmyIndia's Global Expansion with Hyundai AutoEver Joint Venture Introduction
This case study explores how MapmyIndia, a leading geotech startup, is strategically expanding its global presence through a $4 Mn investment in a joint venture (JV) with Hyundai AutoEver, a subsidiary of Hyundai Motor. The JV, named PT Terra ...
Shiprocket’s $26 Mn Funding Round: Strengthening India’s Logistics Ecosystem
Introduction This examines how Shiprocket, a leading logistics startup in India, is leveraging a $26 Mn funding round to enhance its operational capabilities and scale its business. The funding, led by KDT Ventures, also includes participation from prominent global ...