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Some of the firm's investments include startups such as Myntra, Lenskart, CureFit, PolicyBazaar, FirstCry, and Bounce. [ 4 ] [ 5 ] On August 21, 2020, it was announced that CDC Group , a UK Government owned development finance institution had committed $10 million in Chiratae ventures' Fund IV , which focuses on early stage technology enabled ...
Startups have made attempts to launch lunar rovers and are analysing satellite images to uses in agriculture and climate. Bangalore is the home of India's first electric car brand, Reva was acquired by a large domestic car company, Mahindra & Mahindra. Several startups in automotive services, marketplaces are situated in the city.
This is a list of unicorn startup companies: In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal, [1] Fortune Magazine, [2] CNNMoney/CB Insights, [3] [4] TechCrunch, [5] PitchBook/Morningstar, [6] and Tech in Asia ...
In April 2024, Ola announced it was pulling out of all international markets – UK, Australia and New Zealand markets with only a few days notice. [21] [22] In May 2024, Ola migrated from Microsoft Azure to its own cloud platform Krutrim. [23] In July 2024, Ola shifted from Google Maps to a new in-house mapping tool, Ola Maps.
Dreamplug Technologies Pvt. Ltd. d/b/a CRED is an Indian fintech company, based in Bangalore. [2] [3] [4] Founded in 2018 by Kunal Shah, [5] [6] it is a reward-based credit card payments app. [7] CRED also allows users to make house rent payments [8] and provides short-term credit lines. [9] As of 2024, the company is valued at around $6.4 ...
In January 2024, Swiggy laid off 400 employees, or 6% of its workforce, ahead of IPO. [30] [31] In April 2024, Swiggy converted itself into a public limited company [32] and confidentially filed for an initial public offering. [33] Swiggy launched its initial public offering (IPO) in November 2024 at ₹390 per share, valuing the company at $11 ...
Unlike a business-to-consumer (B2C) model where brokers contribute supply and the startup focuses on demand, a C2C approach necessitates the company to handle both supply and demand. [5] The company's C2C model employs a proprietary property discovery algorithm , considering commute and livability scores, along with property features.
Log9 Materials is an Indian nanotechnology company, headquartered in Bangalore, [2] operating in the areas of sustainable energy and filtration.With 16 patents around Graphene, Log9 Materials has developed Aluminium–air battery, aluminium fuel cells for both mobility and stationary energy applications.