Two flagship startup programmes launched in Karnataka; to tackle funding challenges

Karnataka Information Technology Minister Priyank Kharge on Tuesday launched two flagship programmes—'ELEVATE 2024' and KAN (Karnataka Acceleration Network)—aimed at empowering startups to tackle funding challenges and scale their operations.According to…

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Temasek-backed spacetech Skyroot sees 2X revenue growth in FY24 amid widening losses

Temasek-backed spacetech firm Skyroot Aerospace witnessed about a two-fold increase in revenue in FY24, although its losses widened due to a rise in expenses.The Hyderabad-based company reported Rs 29 crore…

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Lockton gets IRDAI nod to acquire Arihant Insurance Broking

Privately held insurance brokerage firm Lockton has received regulatory approval from the Insurance Regulatory and Development Authority of India (IRDAI) to acquire Arihant Insurance Broking Services Limited.This marks Lockton's strategic…

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Razorpay posts nearly 5X increase in PAT in FY24 as payment gateway biz soars

Omnichannel payments platform Razorpay said its payment gateway (PG) business clocked 24% year-on-year revenue growth in FY24 at Rs 2,068 crore despite regulatory restrictions on onboarding new merchants for the…

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Courteney Cox, Jennifer Aniston fondly remember Mathew Perry on his death anniversary

It’s been a year since Matthew Perry—who played the role of Chandler Bing in the popular TV sitcom Friends—passed away. Members of the Friends cast have paid warm tributes to…

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