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ZEE has formed an equity partnership with Bullet, a startup specializing in content and technology. This collaboration aims to enhance ZEE's offerings in the digital space, leveraging Bullet's innovative solutions to drive growth and engagement in the media sector.
Sanlayan Technologies has successfully raised ₹186 crore in a Series A funding round aimed at scaling its indigenous defence technology. This significant investment underscores the growing interest and potential in the defence tech sector within India.
Rapido is set to raise INR 125 crore from Nexus, marking a significant investment in the startup's growth. This funding round highlights the increasing interest in the Indian startup ecosystem as companies seek to expand their operations and enhance their market presence.
Naagin, a food brand focused on Indian flavors, has raised ₹18 Crores in a pre-Series A funding round led by 360 ONE Asset, with participation from returning investor 8i and 12 angel investors. Founded in 2019, the company aims to elevate Indian chillies globally and will use the funds for factory expansion, team growth, R&D, and marketing. With a strong consumer base and innovative products, Naagin is set to redefine the hot sauce market while enhancing its domestic and export presence.
Roomstory.ai, India's first AI-powered interior shopping assistant, has secured ₹3 Crores in pre-seed funding led by Rukam Sitara Fund, with participation from Aakash Anand and Wolfpack Labs. The funds will enhance AI capabilities, launch a website and mobile app, and foster a community of interior design enthusiasts. Co-founders Ekatva Jain, Sahil Lunia, and Punit Jain aim to bridge the gap between inspiration and shopping, tapping into a rapidly growing market projected to reach $76 billion in India by 2027.
Shares of Eternal and Swiggy have declined following Rapido's decision to undercut food delivery commissions. This move has intensified competition in the food delivery market, impacting the stock performance of established players.
Nexus Venture is set to invest Rs 125 crore in Rapido as the company prepares to launch its food delivery service. This significant funding marks a strategic move to expand Rapido's offerings in the competitive delivery market.
VinFast reported a 149.9% increase in Q1 2025 revenue, totaling 16,306.4 billion dong (US$656.5 million), despite a net loss of 17,693.8 billion dong (US$712.4 million), up 15% from the previous year. The company delivered 36,330 EVs, a 296% year-on-year rise, and is focusing on expanding in Asia while diversifying its product offerings to meet the needs of emerging markets.
Future Generali India Life is approaching breakeven, with a notable increase in its individual new business premium, which rose by 19% to reach Rs 476 crore for FY25. This growth reflects the company's strengthening position in the competitive insurance market.
Eternal and Swiggy are facing challenges as Rapido disrupts the food delivery market by significantly undercutting delivery commissions. This shift in pricing strategy could reshape competitive dynamics within the industry, prompting established players to reassess their business models.
IND
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ZEE forms equity partnership with tech startup Bullet to enhance content offerings
18:40 09.06.2025
Sanlayan Technologies secures 186 crore funding to enhance defense technology
18:36 09.06.2025
Rapido secures 125 crore investment from Nexus for expansion
18:25 09.06.2025
naagin secures 18 crores in funding to elevate indian flavors globally
16:30 09.06.2025
AI powered interior platform Roomstory.ai secures 3 crores in funding
16:00 09.06.2025
food delivery stocks fall as rapido lowers commission rates
15:54 09.06.2025
Nexus Venture invests 125 crore in Rapido for food delivery expansion
15:01 09.06.2025
VinFast reports significant revenue growth despite rising net losses in Q1 2025
14:43 09.06.2025
Future Generali India Life approaches breakeven with significant premium growth
14:42 09.06.2025
Rapido disrupts food delivery market by lowering commission rates
14:05 09.06.2025
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