Startup Updates

Shickwheel’s Shark Tank Triumph: Net Worth, Founder Journey, and Funding Success

In 2024, Shickwheel, an innovative mobility startup, captured national attention on ABC’s Shark Tank, securing a transformative deal that propelled its growth. Founded by entrepreneur Sarah Thompson, the company’s unique…

Startup News

Creativefuel Acquires Hasley India and Pataakha in a Landmark Digital Entertainment Deal

Summary: Indore-based Creativefuel has acquired two of India’s most prominent YouTube channels, Hasley India and Pataakha, in a deal that came together within just one week. The acquisition was sparked…

Startup News

OpenAI Secures $40 Billion Funding from SoftBank, Valued at $300 Billion

Summary: OpenAI has secured $40 billion in funding from SoftBank, marking the largest capital raise in startup history and raising its valuation to $300 billion (₹25 lakh crore). SoftBank will…

Startup News

Winston, the Shark Tank-Funded Beauty Brand, Mysteriously Disappears from Social Media

Summary: Winston, the beauty appliance brand that secured a ₹1 crore deal on Shark Tank India Season 2, has mysteriously disappeared from social media. The company erased its online presence,…

Startup News

Tata Motors Unveils Ambitious Plan to Expand India’s EV Charging Network

Summary: Tata Motors has announced a plan to expand India’s electric vehicle (EV) charging network, targeting 400,000 charging points by 2027. Under its “Open Collaboration 2.0” initiative, the company’s EV…

Startup News

Lam Research to Invest Rs 10,000 Crore in India, Says Minister Ashwini Vaishnaw

Summary: US-based semiconductor company Lam Research has announced an investment of over Rs 10,000 crore in India, marking a significant step in the country's semiconductor journey. Union Minister Ashwini Vaishnaw…

Startup News

Upstox Reports ₹1,311 Crore Revenue in FY 2024, Achieves 25% Growth

Summary: Stock broking startup Upstox reported ₹1,311 crore ($158 million) in revenue for FY 2024, a 25% increase from ₹1,051 crore in the previous year. The growth was driven by…

Funding Alert

OpenAI CEO Sam Altman to Visit India on February 5

Summary: OpenAI CEO Sam Altman is set to visit India on February 5, nearly two years after his last trip in 2023. During his visit, Altman is expected to meet…

Funding Alert

Snabbit Secures $5.5 Million to Transform India’s Home Services Industry with On-Demand Solutions

Summary of Snabbit’s Funding Announcement: Snabbit, an on-demand home services app, has raised $5.5 million in a Series A funding round led by Elevation Capital, with participation from Nexus Venture…

Funding Alert

BlueMedix Secures $5 Million Pre-Series Funding to Drive National Expansion

Summary: BlueMedix, a leading retail pharmacy chain in Eastern India, has raised $5 million in a pre-series funding round led by a Dubai-based family fund. With 130 stores across Bihar, Jharkhand,…