Edtech startup Freadom raises $2.5 million from Capital A, others
Medilytix Digital Desk: Edtech startup Freadom said that it has raised $2.5 million in a funding round led by Capital A and a clutch of marquee investors. The investors include…
January 16 to be celebrated as ‘National Startup Day’ in India: PM Modi
Medilytix Bureau: As part of the Azadi ka Amrit Mahotsav, Prime Minister Narendra Modi interacted with over 150 startups from all around the country, over a video call. He announced…
MeitY seeks applications for DLI scheme for semiconductor chip design
Medilytix Bureau: Ministry of Electronics and Information Technology (MeitY) is now seeking applications from 100 domestic companies, start-ups and MSMEs under its Design Linked Incentive (DLI) scheme, a month after…
India’s passenger vehicle exports jump 46% in Apr-Dec; Maruti Suzuki leads
Medilytix Bureau: Passenger vehicle exports from India increased 46 per cent in the first nine months of the current fiscal year, with Maruti Suzuki India leading the segment with dispatches…
AICTE, 5ire partner to launch the world’s biggest happiness blockchain
Medilytix Digital Desk: Blockchain network 5ire announced on Saturday that it has collaborated with India’s technical and higher education regulator AICTE to create the world’s biggest happiness blockchain named, YourOneLife…
Metro Brands Q3 results: Net profit up 53% to Rs 102 crore
Medilytix Bureau: Footwear retailer Metro Brands on Saturday reported a 53.3 per cent year-on-year (YoY) rise in consolidated net profit for October-December quarter at Rs 102 crore. The company’s revenue…
Apple India may cross Rs 30,000 crore revenue in FY2022
Medilytix Bureau: After clocking record sales last year, consumer technology giant Apple is set to break its own sales record in FY2022 in India. Buoyed on continued surge in demand…
Mindtree stock slips 5% despite healthy Q3 earnings
Medilytix Bureau: Mindtree share price slipped over 5% today despite the firm reporting a healthy set of earnings in Q3 of the current fiscal. The IT services company posted a…
HDFC Bank Q3 profit jumps 18% to Rs 10,342 crore
Medilytix Bureau: The country’s largest private sector lender HDFC Bank on Saturday reported an 18.1 per cent rise in its standalone net profit at Rs 10,342.20 crore for the third…
Ola upgrading its S1 scooter customers to S1 Pro hardware: Bhavish Aggarwal
Pratibha reports Bhavish Aggarwal, Ola CEO on Saturday said that Ola Electric is upgrading its Ola S1 electric scooter customers to the hardware of its Ola S1 Pro scooters. Aggarwal…