Artificial intelligence-powered integrated market research platform provider Entropik has secured $25 million in Series B funding led by Bessemer Venture Partners and SIG Venture Capital. Its existing investor Bharat Innovation…
Category: Companies
Adani Power Q3 net profit slumps 96% to Rs 8.7 cr as fuel costs rise
Adani Power, the power generating arm of the Adani Group, posted consolidated net profit of Rs 8.7 crore in the three months ended Dec 31, down from Rs 218 crore…
TotalEnergies CEO says it has not signed contract on new Adani hydrogen venture
European multinational energy major TotalEnergies has not yet signed any new contract announced last year to extend its partnership with Adani Group to the production of green hydrogen, CEO Patrick…
Ikea slashes product prices in India by 16-39%
Swedish furniture retailer Ikea has cut prices on a sizable part of its over 9,000 articles on offer in India. The price cuts range from 16-39 per cent across various…
Aero India exhibition: Airbus to hire fresh engg, IT talent at Bengaluru event, to create 13,000 fresh jobs
European aerospace major Airbus is planning to recruit fresh engineering and IT talent at Aero India in Bengaluru, where it is planning to host a public meet-and-greet session. Aero India…
Big relief for Flipkart India! Karnataka HC grants interim stay on demand exceeding Rs 1,100 crore
Karnataka High Court (HC) on Wednesday granted an interim stay to Flipkart India on demand of over Rs 1,100 crore. Additionally, the HC also mentioned in its interim order that…
‘Jio Cinema and Voot might not merge anytime soon’
Amidst rumors that Viacom18 is likely to merge its flagship OTT platform Voot with JioCinema to live-stream the Indian Premier League 2023, a company spokesperson said that the two platforms…
Alembic Pharma lowers US sales guidance from $500 mn to $300 mn for next 3-4 years
Facing headwinds due to US drug regulatory compliance issues, coupled with price erosion in the US market, Alembic Pharmaceuticals has reduced its US sales outlook from $400-500 million to around…
Aditya Birla Group forays into premium casual dining space
The Aditya Birla Group has announced its foray into the premium casual dining space, a fast-growing segment in the organised food services market, in collaboration with chef-restaurateur, Rahul Akerkar. The…
Lendingkart acquires personal loans app Upwards; Chinese investor Shunwei Capital to exit
SME-focused digital lending platform Lendingkart has acquired instant loans provider Upwards in a deal estimated at Rs 100-120 crore. This comes amidst the Indian government’s crackdown on loan apps with…