During the Union Budget 2025 speech on Saturday (Feb 1, 2025), Finance Minister Nirmala Sitharaman announced a fresh round of the Fund of Funds for Startups (FFS) with a corpus of 10,000 crore, underscoring the government’s determination to bolster innovation and entrepreneurship in India.

Bhavish Aggarwal-led EV giant Ola Electric recently introduced its third-generation S1 scooter lineup, unveiling a wide range of models priced from 79,999 up to 1,69,999.

Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 in Parliament, announced that the foreign direct investment (FDI) in the insurance sector would be raised from 74% to 100%.

Bengaluru-based Ola Electric has reported a 25% market share in India’s electric two-wheeler segment for the month of January 2025, as the Bhavish Aggarwal-led company registered 24,341 units (according to VAHAN data).

In a move that has drawn attention across the country’s digital payments sector, the government has sharply reduced its budget for incentives aimed at promoting RuPay debit cards and low-value BHIM-UPI transactions.

In a major announcement during the Union Budget 2025, Finance Minister Nirmala Sitharaman unveiled a new scheme that will offer term loans of up to 2 crore for first-time entrepreneurs.

Between January 27 and February 01, 2025, as many as 21 startups from diverse sectors raised $191.44 million in funding from investors.