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Rebel Foods is planning an IPO in 2026 as it expands its operations, currently managing 350 kitchens across 70 cities in India and 27 international locations. The company, known for brands like Faasos and Oven Story Pizza, has reduced its net loss by 42% while increasing revenue by 19% in FY24. Recently, it launched QuickiES, a 15-minute food delivery service, and emphasizes technology for maintaining food quality.
O’Be Cocktails, an Indian ready-to-drink cocktail brand founded in 2019, has shut down after failing to secure a buyer for over a year. The company, which operated in nine states and was backed by notable investors, faced challenges in a commoditized market that hindered its premium vision and sustainability.
Mumbai-based fruit and vegetable delivery startup Pluckk has raised $10 million in its Series A funding round from Euro Gulf Investment. The funds will be used for growth initiatives and to repay inter-corporate deposits. Founded in 2021, Pluckk offers over 400 products and operates in major Indian cities through its app and platforms like Amazon, Swiggy, and Zepto.
The Karnataka government has selected 101 startups for its Elevate initiative, providing a total of Rs 25 crore in seed funding. This move aims to bolster innovation and support the startup ecosystem in the region.
OpenAI is required to complete its transition to a for-profit model by the end of the year to secure the full $40 billion funding target. This strategic shift is crucial for the company's financial goals and future growth.
India's journey towards a Central Bank Digital Currency (CBDC) reflects valuable lessons learned from global challenges faced by similar initiatives. Despite these setbacks, there remains significant potential for India to successfully implement its CBDC, positioning it as a leader in the digital finance landscape.
India is advocating for the Financial Action Task Force (FATF) to ease regulations to facilitate the growth of the Unified Payments Interface (UPI). This move aims to enhance digital payment systems and promote financial inclusion across the country.
Warren Buffett's Berkshire Hathaway holds a record $334 billion in cash, prompting speculation about his strategy amid potential market downturns. This reflects a history of patience and valuation-based investing, seizing opportunities during economic uncertainty.The Transmission and Distribution Conclave, organized by ETEnergyworld and CTC Global, focused on energy transition and grid resilience. Experts discussed investment opportunities in India's energy sector, emphasizing the need for innovation and collaboration to enhance infrastructure and integrate renewable energy effectively.
Vodafone Idea's strategy of offering the cheapest plans alongside a robust 4G network is under scrutiny as subscriber statistics reveal the effectiveness of this approach. The company's ability to attract and retain customers amidst fierce competition will be pivotal for its future growth and sustainability.
Vodafone Idea has encountered a new challenge as the Department of Telecommunications (DOT) has put its spectrum surrender plan on hold. This development adds to the ongoing difficulties faced by the telecom operator in navigating regulatory hurdles.
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Rebel Foods plans IPO in 2026 amid rapid expansion and revenue growth
07:20 30.03.2025
indian cocktail brand obe cocktails shuts down after sale struggles
06:00 30.03.2025
Pluckk secures 10 million dollars in series A funding for growth initiatives
04:00 30.03.2025
Karnataka government selects 101 startups for seed funding of 25 crore
01:24 30.03.2025
OpenAI aims for profit transition to secure 40 billion funding by 2025
22:42 29.03.2025
India's central bank digital currency journey and its potential for success
22:18 29.03.2025
India seeks FATF support to enhance UPI growth potential
20:51 29.03.2025
advancing grid infrastructure for renewable energy integration and sustainable growth
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19:42 29.03.2025
Vodafone Idea's Affordable Plans and 4G Network Performance Analysis
19:29 29.03.2025
Vodafone Idea's spectrum surrender plan faces delay from regulatory authorities
14:18 29.03.2025
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