Startups | Entrepreneurs | Business | Funding News

Amara Raja Batteries reports 39% increase in Revenues over previous year in Q1 of FY23

Startuppr August 8, 2022August 8, 2022News Leave a comment

Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major reported profit before tax of ₹ 176.96 Crores for Q1 of FY 23 which is a growth of 33% over the previous quarter. The Earnings per Share (EPS) for Q1 of FY 23 was at ₹ 7.70. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended June 30, 2022 June 30, 2021 Revenue from operations 2,620.00 1,885.86 Profit before tax 176.96 167.04 The company witnessed robust demand in the … Continue reading “Amara Raja Batteries reports 39% increase in Revenues over previous year in Q1 of FY23”

WOOT FACTOR HOSTS THE 6TH EDITION OF THE GODREJ VIKHROLI CUCINA AND FOOD BLOGGER ASSOCIATION OF INDIA’S ICONIC INDIA FOOD BLOGGERS AWARDS (IFBA) 2022

Startuppr July 28, 2022July 28, 2022Event Leave a comment

WOOT Factor Brands Architects – an experiential, strategic communication and an event company – ideated, conceptualized and executed the 6th edition of India Food Bloggers Awards(IFBA) 2022, organised jointly by food platform – Godrej Vikhroli Cucina and Food Blogger Association of India (FBAI). The event aimed to target bloggers, media, and chefs with assistance from various fun and engaging activities. Held at the exclusive Jio World Drive in BKC at the Nine Dine area, the event’s primary concept was to drive … Continue reading “WOOT FACTOR HOSTS THE 6TH EDITION OF THE GODREJ VIKHROLI CUCINA AND FOOD BLOGGER ASSOCIATION OF INDIA’S ICONIC INDIA FOOD BLOGGERS AWARDS (IFBA) 2022”

Cashfree Payments launches GSTIN Verification to help businesses verify GSTIN of vendors and partners

Startuppr July 28, 2022July 28, 2022News Leave a comment

● In addition to GSTIN Verification, Cashfree Payments enables authentication of bank accounts, PAN, UPI, IFSC, and Aadhaar as part of its Verification Suite Leading payments and API banking solutions company, Cashfree Payments announced that it has launched GSTIN Verification as a part of its Verification suite. This feature is an addition to the authentication suite that allows verification of Bank accounts, Aadhar, PAN, UPI, and IFSC. Cashfree Payments’ GSTIN verification will enable businesses to verify the identity of vendors and partners in … Continue reading “Cashfree Payments launches GSTIN Verification to help businesses verify GSTIN of vendors and partners”

Zipteams raises $700,000 in seed funding led by IndiaQuotient, to continue focus on deep conversational intelligence for inside sales teams

Startuppr July 26, 2022July 26, 2022Funding News Leave a comment

The funding will enable Zipteams to further strengthen their engineering and machine learning teams to accelerate product development and expand footprints across India and US Zipteams, a leading conversational intelligence platform for inside sales and customer success teams, today announced the successful closure of $700K seed funding led by IndiaQuotient and a group of angel investors. Zipteams uses AI to make customer conversations more contextual, engaging, and fruitful by enabling sales teams to bring the right data points to their … Continue reading “Zipteams raises $700,000 in seed funding led by IndiaQuotient, to continue focus on deep conversational intelligence for inside sales teams”

Simpl partners with Nicobar to enable Pay-in-3

Startuppr July 26, 2022July 26, 2022PR Leave a comment

Pay-in-3 empowers customers to shop with ease and pay later in 3 easy equal installments at no extra charge Simpl, India’s leading 1-click checkout network, has announced a partnership with Nicobar, a popular Indian lifestyle brand with products ranging across clothing, home, and travel. This association offers Nicobar’s customers a split payment option through Simpl’s Pay-in-3 feature. ‘Pay-in-3’ is a unique offering from the Simpl product family that benefits D2C brands such as Nicobar. It comes with a host of value-added features … Continue reading “Simpl partners with Nicobar to enable Pay-in-3”

Spotnana Raises $75M in Series B Funding to Rebuild the Antiquated Infrastructure of the Travel Industry

Startuppr July 26, 2022July 26, 2022Funding News Leave a comment

Company’s Travel-as-a-Service Platform Drives Transformative Change in the Trillion-Dollar Travel Industry and Powers Unparalleled Travel Experiences Spotnana, a leading provider of cloud-based travel technology, today announced it has raised $75M in Series B funding to continue building its breakthrough travel platform. The round was led by Durable Capital Partners LP, with participation from existing investors Madrona Venture Group, Blank Ventures, ICONIQ Growth, and Mubadala Capital. Spotnana was founded by two Indian entrepreneurs: Sarosh Waghmar, a serial entrepreneur with more than … Continue reading “Spotnana Raises $75M in Series B Funding to Rebuild the Antiquated Infrastructure of the Travel Industry”

Triton EV to Manufacture Hydrogen-Run Two-Wheelers and Three-Wheelers

Startuppr July 22, 2022July 22, 2022Electric Vehicles Leave a comment

Triton Eelectric Vehicle is all set to enter into the hydrogen-run two-wheeler and three-wheeler segments also. Triton EV believes in the value and needs for clean and sustainable energy solutions for modern world mobility. With this announcement Triton EV has become the first auto manufacturer in India to foray into Hydrogen-run two-wheelers and three-wheelers segment. Triton EV has decided to make this foray at a time when India’s smart mobility is becoming globally acclaimed success story. The manufacturing of these … Continue reading “Triton EV to Manufacture Hydrogen-Run Two-Wheelers and Three-Wheelers”

Woot Factor Brand Architects executes the LIT Credit Card launch of The AU Small Finance Bank

Startuppr July 22, 2022July 22, 2022PR Leave a comment

Woot Factor Brand Architect, Woot Factor Brand Architects – an experiential, strategic communication and an event company, successfully conceptualized and executed the launch of AU Small Finance Bank LIT (Live-It-Today) credit card at the Trident, BKC, Mumbai on 22nd June 2022, alongside Sanjay Aggrawal, MD & CEO, AU Small Finance Bank, Mayank Markande, SBU head, AU Small Finance Bank, Uttam Tibrewal, Executive Director, AU Small Finance Bank and Rishi Dhariwal, Group head Liability, AU Small Finance Bank The LIT Credit Card, the newly launched product from AU Small Finance … Continue reading “Woot Factor Brand Architects executes the LIT Credit Card launch of The AU Small Finance Bank”

Simpl partners with Zymrat to offer Pay-in-3 services

Startuppr July 19, 2022July 19, 2022PR Leave a comment

Simpl, India’s leading 1-click checkout network, has partnered Zymrat to facilitate Pay-in-3 feature for customers of the popular D2C performance wear brand. Commenting on the partnership, Simpl Co-Founder and CEO, Nitya Sharma said, “We are delighted that Zymrat has joined our 20k+ and growing merchant partner network. Simpl users now have access to yet another formidable D2C brand. Pay-in-3 allows D2C brands to provide greater convenience and ease of payments to their customers, thus providing the best consumer experience.” ‘Pay-in-3’ is the … Continue reading “Simpl partners with Zymrat to offer Pay-in-3 services”

Mahindra Electric celebrates 50000 electric 3-wheelers milestone

Startuppr July 19, 2022July 19, 2022General Leave a comment

India’s No.1 electric 3-wheeler company achieves the milestone with its Treo and e Alfa range. Mahindra Electric Mobility Limited (MEML), the last mile mobility arm of the Mahindra Group, celebrates its 50000 electric 3-wheeler customers milestone this month. Mahindra Electric started its electric 3-wheeler journey with the e Alfa Mini in 2017, and since then has successfully launched the Treo, Treo Yaari, Treo Zor, and e Alfa Cargo. Out of all the electric Mahindra 3-wheelers sold, the Treo range has … Continue reading “Mahindra Electric celebrates 50000 electric 3-wheelers milestone”

Residential demand in Bengaluru increased 18.8% QoQ while supply grew 6.7% QoQ, reveals Magicbricks PropIndex Report Q2, 2022

Startuppr July 19, 2022July 19, 2022News Leave a comment

Average residential prices increased 1.6% QoQ Preference for bigger homes with 3BHK constituting 49% of the total demand and 43% of the total supply In Bengaluru, demand (searches) for residential real estate increased 18.8% QoQ, supply (listings) grew by 6.7% QoQ and average property prices increased 1.6% QoQ, revealed Magicbricks’ PropIndex Report Q2, 2022. Further, 3 BHK configurations dominated Bengaluru’s residential market, accounting for 49% and 43% of the demand and supply, respectively. Properties priced in the range of INR 5,000 … Continue reading “Residential demand in Bengaluru increased 18.8% QoQ while supply grew 6.7% QoQ, reveals Magicbricks PropIndex Report Q2, 2022 “

Zupee appoints Ashwani Rana as Chief Public Policy Officer

Startuppr July 14, 2022July 14, 2022PR Leave a comment

Ashwani previously held the position of Director, Public Policy Meta (Facebook) Zupee, a skill-based mobile gaming platform, has announced the appointment of Ashwani Rana as the Chief Public Policy Officer. Ashwani joins Zupee from Meta (Facebook) where he was Director of Public Policy for more than six years. Before Meta, he was with Bharti Airtel for more than a decade as their Chief Regulatory Office (Operations). He has worked closely with top trade organizations in the country and headed … Continue reading “Zupee appoints Ashwani Rana as Chief Public Policy Officer”

ACC’s DISHA helps create a better world by empowering communities

Startuppr July 14, 2022July 14, 2022News Leave a comment

· Outreach programme to communities empowers them through employment, skill development · Trained and placed with jobs for more than 200 rural youth in 8 tribal villages in West Singhbhum District, Jharkhand ACC Ltd., one of India’s most innovative and sustainable cement makers, has been continuously contributing back to society and the community through various initiatives and outreach programmes. DISHA, which focuses on eliminating unemployment among people in host communities, covering automotive technician, electrician, life skills, sewing machine operator and picker & … Continue reading “ACC’s DISHA helps create a better world by empowering communities”

Bengaluru among the leading three Tier-I cities with maximum demand for health insurance: Just Dial Consumer Insights

Startuppr July 14, 2022July 14, 2022News Leave a comment

– Demand growth rate for health insurance in Tier-II cities almost double of Tier-I – Delhi, Bengaluru, and Mumbai were the leading three Tier-I cities with maximum demand for health insurance – Demand for travel insurance jumps up by 44% on the back of international travel boom Demand for health insurance in India shot up by 321% post- Covid, with Star Health, Max Bupa, Aditya Birla, HDFC Ergo, and Acko dominating the leading five searched and sought-after insurance brands, according to … Continue reading “Bengaluru among the leading three Tier-I cities with maximum demand for health insurance: Just Dial Consumer Insights”

Clensta raises ₹30 million as debt from Caspian Impact Investments

Startuppr July 14, 2022July 14, 2022Funding News Leave a comment

Aims to touch 5 crore households in 5 years, thereby reaching a revenue of ₹ 1000 crore The company plans to use these funds to expand the D2C business and continues to work towards creating social and environmental impact in a responsible, transparent and sustainable manner Clensta, a Gurgaon-based new-age start-up focusing on personal and home care products has raised ₹30 million as debt from impact investors Caspian. In addition to this, Clensta had also raised ₹20 crore funding from Hem Angels, … Continue reading “Clensta raises ₹30 million as debt from Caspian Impact Investments”

Aditya Birla Sun Life Insurance launches ABSLI Fixed Maturity Plan

Startuppr July 14, 2022July 14, 2022General Leave a comment

~ A Non- Linked, Non-Participating Individual Savings Life Insurance Plan that gives you FD beating returns~ Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), announces the launch of a new-age savings solution ABSLI Fixed Maturity Plan (UIN 109N135V01), a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. This plan is designed to offer policyholders short & long-term financial security by integrating FD beating returns and protection. ABSLI Fixed … Continue reading “Aditya Birla Sun Life Insurance launches ABSLI Fixed Maturity Plan”

Honda Motorcycle & Scooter India appoints Kyndryl as technology partner

Startuppr July 14, 2022July 14, 2022News Leave a comment

Agreement to elevate company’s IT Infrastructure for enhanced Security and Data availability Honda Motorcycle and Scooter India (HMSI) recently announced its exclusive collaboration with Kyndryl (NYSE: KD), world’s largest IT infrastructure services provider, to elevate its IT and security transformation journey across HMSI’s manufacturing plants. Currently, Kyndryl manages infrastructure services for plant production applications, enterprise and dealer management systems for all the dealers. Bringing operational efficiency with an agile and improved customer service experience, the company’s renewed alliance with Kyndryl … Continue reading “Honda Motorcycle & Scooter India appoints Kyndryl as technology partner”

Raymond Limited appoints Atul Singh, a consumer industry veteran to lead the Group

Startuppr July 13, 2022July 13, 2022News Leave a comment

India’s leading textile, apparel, retail and real estate conglomerate announced the appointment of Atul Singh to lead the Group, signalling a significant step towards creating a future ready organisation. As Raymond is gearing to mark its centenary year in 2025 the company is on a transformation journey by strengthening its leadership by bringing in diverse experience on board. The Nomination and Remuneration Committee of Raymond Limited has recommended his appointment as Executive Vice Chairman to the Board of Raymond Limited subject … Continue reading “Raymond Limited appoints Atul Singh, a consumer industry veteran to lead the Group”

Piaggio Vehicles launches Apé NXT+ : The Mileage Ka Raja

Startuppr July 12, 2022July 12, 2022PR Leave a comment

Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group and India’s leading manufacturer of small commercial vehicles launched an innovative new product in the Passenger Segment – the all new Apé NXT+ The Apé NXT+ is a high mileage three-wheeler giving an Industry Best Fuel Efficiency of upto 50km/KG for the CNG version. The indigenously researched and developed vehicle is equipped with very stylish aesthetic elements which provide it a contemporary and refreshed looks compared … Continue reading “Piaggio Vehicles launches Apé NXT+ : The Mileage Ka Raja”

CEAT launches ultra-high-performance tyre SportDrive in India

Startuppr July 12, 2022July 12, 2022News Leave a comment

CEAT Ltd., India’s leading tyre manufacturer has launched its ultra-high-performance tyre range – CEAT SportDrive and CEAT SportDrive SUV for the luxury segment in India. The product, first introduced in the European market in 2017, has been customized for Indian road conditions. CEAT’s SportDrive range of tyres are specifically designed keeping in mind the requirements of luxury sedans and SUVs in the Indian automotive market. The carefully crafted SportDrive ensures superior control and comfort. Its asymmetric tread pattern with MRC … Continue reading “CEAT launches ultra-high-performance tyre SportDrive in India”