Mixed Week for New-Age Tech Stocks; CarTrade Emerges as Biggest Winner After Q2 Earnings

Three points you will get to know in this article: After experiencing a notable surge in the previous week, the performance of Indian new-age tech stocks showed a diverse outcome this week, mirroring the overall market’s subdued response to global uncertainties. Out of the 18 new-age tech stocks monitored by Inc42, eleven demonstrated gains ranging from 0.4% to an impressive…

Zomato Allocates 10.65 Crore ESOPs After Two Consecutive Profitable Quarters

Three points you will get to know in this article: Zomato Allocates 10.65 Crore Equity Shares through ESOPs The renowned foodtech giant, Zomato, has recently assigned approximately 10.65 crore equity shares through various employee stock option plans (ESOPs). In an official filing with the exchange, the company communicated that its board has given the green light for the allocation of…

KRAFTON Plans to Incubate 6-10 Indian Gaming Startups

Three points you will get to know in this article: KRAFTON, the game development major, has introduced an innovative initiative — the KRAFTON India Gaming Incubator (KIGI) — aimed at fostering the rapidly expanding gaming landscape in India. Spanning a period of 6 to 12 months, this program is dedicated to supporting approximately 6 to 10 startups annually. These selected…

EIL’s Venture in the Indian Government’s Startup India Program

Three points you will get to know in this article: In his address on Independence Day, August 15, 2015, the Honorable Prime Minister of India, Shri Narendra Modi, introduced the “Start-up India” Initiative. This visionary campaign aims to cultivate the spirit of entrepreneurship and ignite innovation by nurturing a supportive ecosystem for burgeoning start-ups. Its core objective is to transform…

Accel Atoms 3.0: Accelerating the Future of Artificial Intelligence Startups

Three points you will get to know in this article: Artificial Intelligence, often abbreviated as AI, has truly marked the dawn of a groundbreaking era characterized by innovation and profound transformation. It’s a force of change that has sent ripples across numerous industries, reshaping their landscapes in ways previously unimaginable. In full recognition of this monumental paradigm shift, Accel Atoms…

IANGELS Initiative by India Accelerator Targets 100 Crore Rupees Investment in 50 Startups for FY 2024

Three points you will get to know in this article: The chosen startups will undergo IA’s thorough evaluation journey, comprising multiple phases to gauge their promising capabilities.iAngels, a network of angel investors supported by India Accelerator (IA), has introduced a Rs 100 crore fund within its Chennai chapter. This initiative aims to provide backing to 50 startups located in the…

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