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Author: Himanshu Sindhi
In a significant move to bolster cross-border innovation, Maruti Suzuki India Limited has signed a Memorandum of Understanding (MoU) with the Japan External Trade Organization (JETRO). This collaboration aims to facilitate business opportunities and mutual access to the startup and innovation ecosystems of both India and Japan. Key Highlights of the MoU This MoU represents a forward-looking step toward building a global startup network that thrives on innovation, mutual support, and shared vision between India and Japan.
In a landmark achievement, the Adani Group has redefined India’s infrastructure landscape by posting its highest-ever financial performance in FY25. The conglomerate reported an EBITDA of ₹89,806 crore (~$10.5 billion), marking an 8.2% year-on-year increase. Excluding one-time income, the growth stands at an impressive 18%, underscoring the group’s strategic focus and execution capabilities. Key Financial Highlights of FY25 These figures reflect a decade-long strategic shift towards sustainable infrastructure, energy efficiency, and digital transformation. Diversified Portfolio Performance The Adani Group’s balanced approach across various sectors has been pivotal to its success: Each segment has contributed significantly, propelling the group towards a…
India’s startup ecosystem has witnessed a paradoxical trend: while the country ranks third globally in startup activity and has attracted over $150 billion in funding between 2014 and 2024, a staggering number of startups have ceased operations. According to data, nearly 30,000 startups shut down in just two years, highlighting systemic issues that go beyond mere capital infusion. Key Factors Contributing to Startup Failures
India is setting its sights on becoming a developed nation by 2047, and at the heart of this vision lies the National Manufacturing Mission. Unveiled by BVR Subrahmanyam, CEO of NITI Aayog, during the Annual Business Summit of the Confederation of Indian Industry (CII) in New Delhi, this mission aims to transform India’s manufacturing landscape and drive economic growth. Key Highlights of the National Manufacturing Mission Strategic Focus Areas
In a landmark development for India’s fintech landscape, Razorpay has officially completed its long-anticipated reverse flip, relocating its parent company’s domicile from the United States to India. This strategic shift aligns with the company’s roadmap toward an Initial Public Offering (IPO) and affirms its commitment to building and scaling in India. Key Highlights of Razorpay’s Reverse Flip “Yes, we’ve officially completed our reverse flip, and we couldn’t be more proud. It is more than a structural move; it’s a powerful signal of belief,” said Shashank Kumar, Co-founder of Razorpay. “We started Razorpay with a dream to build for India, and…
1 Finance, a Mumbai-based personal finance advisory startup, has announced an Employee Stock Ownership Plan (ESOP) buyback at a valuation of ₹450 crore—just three years after its inception. The milestone marks a significant liquidity event and sets a precedent in India’s startup ecosystem, especially for firms at such an early stage. Key Highlights of the ESOP Buyback “Our vision has always been rooted in sustainable and inclusive financial well-being—not just for our clients, but for our colleagues too,” said Jeet Marwadi, Founder and Managing Director of 1 Finance. “The ESOP Buyback Program is a reaffirmation that wealth creation must begin…
As generative AI tools quietly become embedded in everyday workflows, enterprises are struggling with the rising risks of data leaks, compliance breaches, and soaring infrastructure costs. In response, Unbound, a security-first AI infrastructure startup, has raised $4 million in seed funding to help organizations take back control of their AI usage. Highlights of the Funding and Founders What Unbound Solves What Makes Unbound Different Results So Far Global and India-Specific Growth Plans “India is known for cost-efficient innovation. Just like the Mars mission cost less than the movie Gravity, our clients are seeing similar cost-performance gains in AI,” said Rajaram…
In one of the largest capital raises in the AI productivity space this year, Grammarly, led by India-origin CEO Shishir Mehrotra, has secured $1 billion in non-dilutive funding from its long-time backer General Catalyst. The fresh capital infusion underscores Grammarly’s transition from a writing tool into a horizontal AI productivity platform for individuals and enterprises alike. Key Highlights of the Funding Deal Grammarly’s Evolving Product Strategy Integration with Coda Strategic Backing from General Catalyst “We are confident that this extension of our partnership will create significant long-term value,” said Hemant Taneja, CEO of General Catalyst.“Grammarly’s evolution is a testament to…
KiranaPro, a quick commerce platform integrated with the Open Network for Digital Commerce (ONDC), has acquired augmented reality startup Likeo in an all-stock deal valued at $1 million. This strategic acquisition is set to supercharge KiranaPro’s BLACK app, a fashion-centric platform built for Gen Z shoppers, by integrating AI-powered virtual try-on experiences. Key Highlights of the Acquisition Why This Move Matters Leadership Perspectives “BLACK is not just an app — it’s a cultural movement,” said Deepak Ravindran, Founder and CEO of KiranaPro.“With Likeo’s technology, we’re offering a mirrorless shopping journey that is both fun and highly personalized.” “With BLACK, we…
Unicommerce eSolutions Limited, a leading e-commerce enablement SaaS platform, has announced two key leadership hires as part of its strategy to strengthen operational efficiency and deepen market engagement. The company has onboarded Abhishek Mangaraj as Senior Director – Customer Success and Divya Sharma as Director – Marketing, marking a significant move to scale its customer-centric and brand-building efforts across India and international markets. Key Appointments and Their Roles Leadership Statement “We are delighted to welcome Divya and Abhishek to the Unicommerce team,” said Kapil Makhija, MD & CEO, Unicommerce eSolutions Limited. “Both bring rich and diverse experience that aligns with…