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Angel tax scrapped: India's startup ecosystem gets a major boost. Learn what angel tax is, its impact, and how its removal will foster innovation and investment.
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Angel Tax Scrapped: A Boost For India’s Startup Ecosystem

What is Angel Tax? The angel tax, formally known as Section 56(2)(viib) of the Income Tax Act, was a controversial tax imposed on investments made

Discover how Priyanka Agarwal Chopra, Managing Partner at IIMA Ventures, is shaping India's startup ecosystem. Learn about her journey from engineer to impact investor and her role in supporting innovative entrepreneurs. Explore IIMA Ventures' commitment to fostering growth and success in the startup world.
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Tamil Nadu’s Billion-Dollar Boost For Space Startups

A New Era for India’s Space Industry Tamil Nadu is making a significant stride in India’s space sector by announcing a Rs 1,000 crore venture

Bengaluru-based Stable Money, offering high-interest fixed deposits, secures Rs 123 crore in Series A funding led by RTP Capital. Existing investors Lightspeed India and Matrix Partners also participated. The fresh capital will fuel expansion and product development.
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Stable Money Raises Rs 123.56 Crore In Series A Funding

Bengaluru-based wealthtech startup Stable Money has secured Rs 123.56 crore in a Series A funding round. The investment was led by Cyprus-based RTP Capital, with

Spanish travel tech startup Exoticca secures €60 million in Series D funding to simplify and reduce costs for complex tour packages. The platform offers a digital solution for booking flights, hotels, activities, and more in one place.
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Exoticca Secures €60 Million To Revolutionize Multi-Day Tour Booking

Spanish travel tech startup Exoticca has raised a substantial €60 million in Series D funding led by Quadrille Capital. This investment is set to propel

Finance Minister Nirmala Sitharaman delivering the Budget 2024 speech in Parliament."
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Budget 2024: A Boost For India’s Startup Ecosystem

The Union Budget 2024-25 introduced several measures aimed at fostering growth and development in India’s startup ecosystem. One of the most significant announcements was the

Snapdeal founders Kunal Bahl and Rohit Bansal score big with a 200x return on their Rs 57 lakh investment in Urban Company. Titan Capital, their investment firm, cashes out Rs 111 crore in a lucrative exit deal. Learn about this successful investment and the growing Indian startup ecosystem.
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Urban Company Reports Strong Growth And Reduced Losses

Gurugram-based home service platform, Urban Company, has announced impressive financial performance for the fiscal year ending March 2024. The company reported a significant 30% year-on-year

Investors and the startup community in India are excitedly awaiting the first Union Budget of Modi 3.0, with high expectations for the repeal of the divisive angel tax scheme. This opinion is the result of years of insufficient relief policies that haven't succeeded in considerably reducing the compliance load on new businesses. The Finance Ministry has the final say, but the Commerce Ministry has suggested eliminating the angel tax—a move that the startup sector has long called for.
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Awaits Modi 3.0’s First Budget: Hopes High For Angel Tax Removal

Investors and the startup community in India are excitedly awaiting the first Union Budget of Modi 3.0, with high expectations for the repeal of the

The rise of HCL matched India's slow opening up to the world economy. The business offered software development, IT consulting, and outsourcing services to take advantage of the growing demand for IT services. HCL's clients expanded along with India's reputation as a proficient and reasonably priced source of IT expertise.
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From Garage To Global Giant: The HCL Story

HCL Technologies: India’s Silicon Valley Pioneer HCL Technologies is a giant in the center of India’s rapidly developing technology sector. Its rise from a modest

In a surprising turn of events, cybersecurity startup Wiz has rejected a staggering $23 billion acquisition offer from tech giant Google. The decision comes despite the offer representing a substantial premium over Wiz's last private valuation of $12 billion.
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Wiz Declines Google’s $23 Billion Takeover Bid

In a surprising turn of events, cybersecurity startup Wiz has rejected a staggering $23 billion acquisition offer from tech giant Google. The decision comes despite
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Budget 2024: How Logistics Startups are Banking on Infrastructure Push to Drive Growth

India’s logistics startups are agog as Finance Minister Nirmala Sitharaman prepares to unveil the Union Budget for 2024 on July 23. Since the logistics industry