Founded in 2020, BizDateUp allows angel investors to back Indian startups with a capital as low as INR 1 Lakh Just last week, cricketers Rahul Dravid and Zaheer Khan, tennis star Rohan Bopanna, director Karan Johar, among others picked up stakes in the foodtech major This comes close on the heels of Swiggy submitting its updated DRHP with SEBI last week for an INR 3,750 Cr IPO
Amazon (AMZN, Tech30) has filed for a patent for beehive-like towers that would serve as multi-level fulfillment centers for its delivery drones to take off and land. The facilities would be built vertically to blend in with high rises in urban areas. Amazon envisions each city would have one. The patent application, filed in December 2015 and published on Thursday by the U.S. Patent and Trademark Office, features several drawings of these buildings, such as the beehive, a cylinder-shaped center and one that looks like a UFO
Without a doubt, sushi is one of Japan's greatest gastronomical gifts to the world. Almost poetic in its simplicity, good sushi relies on two things: the freshness of the ingredients and the knife skills of the chef. Whether you like your raw fish draped over bite-sized balls of vinegared rice, rolled up in toasted nori seaweed or pressed into fat rectangular logs, delicious sushi can be found in every price range.The sushi at Sushisho Masa in Roppongi is nothing short of perfection. At around ¥20,000 ($200) per person, it's a splurge, but perfection doesn't come cheap.
For FY24, Wakefit claims to have registered an EBITDA profit of INR 65 Cr It also claimed to have witnessed a 24% jump in its revenue in the fiscal, touching INR 1,017 Cr In FY23, the startup reported a net loss of INR 146 Cr, up 37% from the INR 107 Cr loss it incurred in FY22
Edtech major Unacademy announced promotion of Abhishek Pipara as the CFO for Unacademy Centres Pipara in his new role will look into driving efficiency, unit economics and profitability at the centre level He has joined Unacademy in 2018 and has completed more than 6 and a half years in the edtech company
Swiggy faces potential GST liabilities to the tune of INR 326.7 Cr from DGGI, Pune for allegedly not paying the tax levy on the delivery fee collected from customers Cofounder and CEO Sriharsha Majety received a notice last year from Deputy Labour Commissioner, Lucknow over allegations of employing child labourers As per Swiggy’s updated DRHP with SEBI, its IPO will comprise a fresh issuance of shares worth up to INR 3,750 Cr and an OFS component of up to 18.53 Cr shares
Vedantu has secured INR 19.25 Cr ($2.4 Mn) in a mix of debt and equity financing from Stride Ventures Debt Fund II. While INR 17.5 Cr was raised in debt, the remaining INR 1.75 Cr was in equity. Vedantu's operating revenue stood at INR 152.5 Cr in FY23, down 8% from INR 166 Cr in the previous year.
Founder and CEO Bhavish Aggarwal also said that the listed EV maker will train 1 Lakh third-party mechanics under its “Network Partner Program” Ola Electric also plans to leverage AI to offer “proactive maintenance and remote diagnostics” tools for its customers, which will be rolled out with MoveOS 5 in October
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Bengaluru startup gains access to IN-SPACe testing facilities Read more at: deccanherald...
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