ISRO chief says rising interest in building next SpaceX in India

Speaking about the rising interest in private sector space exploration, ISRO Chairman Dr Sreedhara Panicker Somanath revealed that many are eager to build the next SpaceX in India.He highlighted that…

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Swiggy launches kitchen equipment procurement service for restaurants

Food delivery and quick commerce major Swiggy has launched its kitchen equipment procurement service to connect restaurant partners with reliable vendors, it said in a blog post. The move aims to…

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Startup news and updates: Daily roundup (November 20, 2024)

FUNDING NEWSTaqtics raises $1.2M in seed fundraiseTaqtics, a SaaS platform for retail and restaurants, has raised $1.2 million in seed funding led by Sprout Venture Partners and Capital-A.“With this funding,…

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NBFC-Factor India Factoring to leverage Yubi’s tech stack to power trade finance

End-to-end debt lifecycle company Yubi Group has partnered with trade finance company India Factoring to expand cross-border trade receivables financing for Indian SMEs. The collaboration aims to enhance the NBFC-Factor's…

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Q-commerce logistics startup Blitz raises Rs 40 Cr in Series A round led by IvyCap Ventures

Blitz, a quick commerce logistics enabler, has raised Rs 40 crore in a Series A round led by IvyCap Ventures Advisors Private Limited. Existing investors India Quotient and Alteria Capital,…

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Sebi mulls stricter rules for SME IPOs; proposes raising minimum application size

Markets regulator Sebi on Tuesday proposed stricter rules for SME IPOs by setting a minimum issue size for companies going public, doubling the minimum application size and introducing a "draw…

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Follow KYC guidelines or face regulatory action: RBI deputy governor to banks

The RBI Deputy Governor, Swaminathan J, has asked banks to follow KYC guidelines with both "precision and empathy", failing which regulatory actions will be taken against them by the central…

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