Bengaluru-based Bellatrix Aerospace tests green satellite propulsion

Bengaluru-based Bellatrix Aerospace has tested an eco-friendly propulsion system for satellites that cuts a new path from the hydrazine-dependent f...

Monday, 09 May 2022, 03:43 Hrs

Oracle says nurturing Indian startups to take them global

As India gets its 100th unicorn, Cloud major Oracle on Friday said it is not only nurturing the next breed of startups to expand their footprint bu...

Friday, 06 May 2022, 03:55 Hrs

Elon Musk bags $7.1 billion Twitter funding from Binance, Sequoia and others

Elon Musk has secured about $7.1 billion of new financing commitments, including from billionaire Larry Ellison, a Saudi Prince, and Sequoia Capita...

Friday, 06 May 2022, 03:32 Hrs

Worky draws bridge round investment from ARC Group

Mexico-based SME software and payroll platform Worky has drawn a bridge round investment from Shanghai-headquartered financial services firm ARC Gr...

Thursday, 05 May 2022, 03:52 Hrs

Swiggy partners with Garuda Areospce for drone delivery trials in NCR, Bengaluru

Swiggy has entered into a partnership with Garuda Aerospace to begin trial runs using drones to deliver groceries in Delhi-NCR (National Capital Region) and Bengaluru, Karnataka.  The pilot project will assess the viability of using drones in Swiggy's grocery delivery service Instamart. The drones will be used to replenish inventory...

Ola Electric tops Indian e-scooter Industry

Neobank Open turns unicorn after $50 million funding led by IIFL

Neobank Open turns unicorn after $50 million funding led by IIFL

Neobank Open has closed a $50 million financing led by IIFL Finance along with participation from existing investors Temasek, Tiger Global and 3one4 Capital participating in it, people briefed on the matter said.With this, Open has now entered the unicorn club with a valuation of $1 billion.  ET had reported in December last year that t...