The Derma Co., a skincare brand under Honasa Consumer Limited, has reached an annual revenue rate of Rs 500 crore.ARR stands for Annual Recurring Revenue and represents the total amount…
When Pavel and Nikolai Durov launched Telegram in August 2013, they were not just introducing another messaging app; they were making a statement on privacy, a commodity increasingly scarce in…
Online food delivery platform Zomatohas increased its platform fee by 25% to Rs 5 per order. The company has also suspended its intercity delivery service, Intercity Legends.These developments come on…
Wealth and asset management firm Lighthouse Cantonhas launched its latest fund—the LC GenInnov Global Innovation Fund—for companies set to grow in the era of generative artificial intelligence (GenAI).The Singapore-headquartered company…
Piyush Gupta, one of the operating leaders at Peak XV Partners, has left the firm to start his own fund, four people familiar with the matter told TC. Gupta joined…
For decades, India has been heavily reliant on imports to meet its defence equipment needs, making it the world's largest defence importer. However, the country is now on a path…
Hello,India banned TikTok in 2021. Now, the US is doing the same. The US House of Representatives passed a bill that would require TikTok-owner ByteDance to sell the popular social media…
Buckle up, economics enthusiasts, because India's economic landscape is presenting a fascinating paradox. On one hand, the International Monetary Fund (IMF) recently revised India's GDP growth forecast upwards to 7.4%…
iPhone maker Apple through its vendors is expected to employ over 5 lakh people in India over the next three years, according to government sources.At present, Apple's vendors and suppliers…
With a view to widen the market and foster adequate protection from healthcare expenses, insurance regulator IRDAI has removed the age limit of 65 years for individuals buying health insurance…