Business
Explore daily business updates, financial reports, and economic insights brought to you by Economic Edge. Have something on your mind? We welcome your feedback, corrections, or story ideas that could inform our coverage. 📧 Email us at: reconomicedge24@gmail.com
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Snabbit Secures $5.5M in Series A Funding to Revolutionize Home Services
Mumbai-based startup Snabbit raises $5.5M led by Elevation Capital to expand its quick-service home app, promising rapid on-demand services and improved benefits for service professionals. Snabbit Secures $5.5M in Series A Funding to Revolutionize Home Services Snabbit Raises $5.5M to Transform the On-Demand Home Services Industry Snabbit, an innovative quick-service app that connects households with skilled home service professionals, has raised $5.5 million in a Series A funding round. The round was led by Elevation Capital, with participation from Nexus Venture Partners and angel investors, including Vidit Aatrey, Sanjeev Barnwal, Gaurav Munjal, and Niraj Singh. This follows the $1 million seed funding Snabbit secured from Nexus Venture Partners in early…
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BlueMedix Secures $5 Million in Pre-Series Funding to Revolutionize Indian Healthcare
BlueMedix, a Bengaluru-based health-tech startup, raises $5 million to enhance its digital healthcare platform, expand into underserved regions, and improve patient outcomes across India. BlueMedix Secures $5 Million in Pre-Series Funding to Revolutionize Indian Healthcare BlueMedix, a cutting-edge health-tech startup headquartered in Bengaluru, has successfully raised $5 million in a pre-series funding round. The round was led by prominent investors from the healthcare and technology sectors, signaling strong support for the company’s mission to transform healthcare delivery in India. About BlueMedix Established in 2020, BlueMedix is on a mission to redefine India’s healthcare ecosystem through innovative technology. Its platform serves as a bridge connecting patients, healthcare providers, and pharmacies, ensuring…
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Recur Club Launches ₹150 Crore Fund for D2C Brands in Quick Commerce
Recur Club introduces a ₹150 crore fund to empower D2C brands in quick commerce, offering loans within 7 days to scale inventory, marketing, and innovation in India’s booming sector. Recur Club Launches ₹150 Crore Fund for D2C Brands in Quick Commerce Recur Club, a leading debt marketplace for startups and small businesses, has launched a new ₹150 crore fund to accelerate the growth of direct-to-consumer (D2C) brands operating in the fast-expanding quick commerce sector. The fund aims to provide brands with access to fast-track loans, enabling them to acquire additional inventory, invest in marketing, and scale their operations. Loan disbursals are expected to occur within seven days, ensuring businesses can…
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JioCoin: Leading India’s Web3 Revolution with Polygon Partnership
Discover how Mukesh Ambani’s Jio Platforms, in collaboration with Polygon Labs, is driving India’s Web3 revolution with JioCoin. Learn about its blockchain foundation, features, use cases, and global impact. JioCoin: Leading India’s Web3 Revolution with Polygon Partnership India is on the brink of a digital revolution as Jio Platforms, a subsidiary of Reliance Industries led by Mukesh Ambani, ventures into the world of blockchain and Web3 technologies. The company’s latest initiative, JioCoin, developed in partnership with Polygon Labs, promises to transform the way millions of Indians interact with digital services. With JioCoin, Jio Platforms aims to integrate blockchain into its vast ecosystem, offering users the benefits of decentralization, enhanced security,…
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Sarla Aviation Raises $10 Million to Revolutionize Urban Mobility with Electric Air Taxis
Sarla Aviation Secures $10 Million to Pioneer Electric Air Taxis in India Bengaluru, January 16, 2025 — In a groundbreaking development for urban mobility, Sarla Aviation, an aerospace startup named after Sarla Thukral, India’s first woman pilot, has successfully raised $10 million in a funding round led by Accel. Notable angel investors, including Flipkart co-founder Binny Bansal, Zerodha co-founder Nikhil Kamath, and Swiggy co-founder Sriharsha Majety, also participated in the round. Revolutionizing Urban Mobility with Electric Air Taxis Sarla Aviation, founded in 2024 by Adrian Schmidt, Rakesh Gaonkar, and Shivam Chauhan, aims to transform urban transportation by introducing electric air taxis designed to alleviate congestion in India’s bustling cities. With…
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Digital Transformation: Navigating the Shift to a Tech-Driven Future
In today’s rapidly evolving business landscape, digital transformation is not just a buzzword but a necessity. The shift to a tech-driven future is transforming industries across the globe, with companies realizing the power of technology to streamline operations, enhance customer experiences, and foster innovation. As businesses embrace this change, understanding the core principles and challenges of digital transformation becomes crucial for staying competitive in an increasingly digital world. The Rise of Digital Transformation Digital transformation refers to the integration of digital technology into all areas of business, fundamentally changing how companies operate and deliver value to customers. It goes beyond just upgrading systems or adopting new software—it is about rethinking…
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Top 10 Real Estate Developers in India
India’s real estate sector is a dynamic and rapidly growing industry, reflecting the country’s economic progress and urban development. As cities expand and the demand for residential, commercial, and industrial spaces rises, several real estate developers have emerged as leaders in the field. Here, we explore the top 10 real estate developers in India, known for their innovation, quality, and customer satisfaction. 1. DLF Limited Overview: Founded in 1946 by Chaudhary Raghvendra Singh, DLF Limited is one of India’s largest and most prestigious real estate developers. With a legacy of over seven decades, DLF has developed some of the most iconic residential, commercial, and retail projects across India. Key Projects:…
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Top 10 Gaming Startups in india
India’s gaming industry is experiencing an unprecedented boom, driven by a young population, increased internet penetration, and affordable smartphones. The country’s gaming market is projected to grow exponentially in the coming years, attracting entrepreneurs and investors alike. Here, we delve into the top 10 gaming startups in India that are making waves and setting new benchmarks in the industry. India’s gaming industry is booming, driven by a young population, increased internet penetration, and affordable smartphones. The country’s gaming market is projected to grow exponentially, attracting entrepreneurs and investors alike. Here, we delve into the top 10 gaming startups in India that are making waves and setting new benchmarks in the…
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Sid’s Farm Raises $10 Million to Expand Operations in Hyderabad and Bengaluru
In a significant move that underscores the growing demand for high-quality dairy products in India, Telangana-based dairy brand Sid’s Farm has successfully raised $10 million in a Series A funding round. The round was co-led by agritech-focused venture capital firm Omnivore and the Narotam Sekhsaria Family Office (NSFO). Expanding Manufacturing and Talent Acquisition Founded in 2016 by Dr. Kishore Indukuri, an IIT Kharagpur alumnus, Sid’s Farm is renowned for its commitment to providing nutrient-dense, additive-free milk and dairy products. The newly secured funds will be pivotal in expanding the company’s manufacturing capabilities to meet increasing consumer demand in Hyderabad and Bengaluru. Additionally, the investment will facilitate the building of a…
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Top 10 RegTech Startups in India
RegTech, short for Regulatory Technology, refers to the use of technology to streamline and automate regulatory compliance processes within industries such as finance, healthcare, and beyond. With the rapid evolution of regulatory requirements globally, organizations face increasing complexities and challenges in ensuring compliance while managing operational efficiency. RegTech solutions leverage technologies such as artificial intelligence (AI), machine learning, blockchain, and big data analytics to enhance regulatory compliance. These technologies enable organizations to automate compliance tasks, monitor regulatory changes in real-time, and mitigate risks effectively. By harnessing data-driven insights and automation, RegTech not only reduces compliance costs and human errors but also improves the overall effectiveness of regulatory compliance programs. In industries…