Greaves Electric has offered to pay 125 crore for violating FAME subsidy regulations

Greaves Electric Mobility (previously Ampere Electric Vehicles) has proposed to reimburse the subsidy it received under the 10,000 crore Faster Ado...

Thursday, 19 October 2023, 00:30 Hrs

EV startup Okaya launches Motofaast e-scooter in the Indian market

Okaya EV, an electric vehicle start-up, introduced the Motofaast e-scooter in the Indian market and labeled the 2-wheeler a "fusion between a ...

Thursday, 19 October 2023, 09:10 Hrs

Asics Innovation hosts a pitch event to encourage business collaboration with startups

The ASICS Corporation has announced that ASICS Ventures Corporation will host a pitch event with Indian startups with the theme "ideas for col...

Thursday, 19 October 2023, 06:02 Hrs

Video Editing Startup VideoVerse Acquires AI-powered design system Optikka

An AI-powered design system called Optikka was recently acquired by VideoVerse, a SaaS startup specializing in video editing. By increasing its med...

Wednesday, 18 October 2023, 01:07 Hrs

Fintech Startup Perfios creates 62 millionaires with ESOP Buyback Worth Rs 154 Crore

Perfios, a B2B SaaS fintech business, recently held an ESOP (employee stock ownership plan) buyback, returning equity shares worth Rs 154 crore to 135 of its loyal team members. As a result, sixty-two people can now proudly claim the title of a millionaire. What's more, 80 percent of the recipients are women, making this accomplishment a sig...

BimaKavach obtains IRDAI license to broaden its corporate insurance offerings

BimaKavach obtains IRDAI license to broaden its corporate insurance offerings

The Insurance Regulatory and Development Authority of India (IRDAI) has granted insurtech company BimaKavach a direct insurance broking license, allowing it to expand its insurance offerings for corporate customers. With a focus on small and medium-sized businesses (SMEs), the Indore-based startup is an expert in offering corporate insurance sol...