Tata Consumer Products Ltd (TCPL) made a significant announcement on Friday, revealing its definitive agreements for the complete acquisition of two prominent entities – Capital Foods, the proprietor of popular brands Ching’s Secret and Smith & Jones, and Organic India, a Fabindia-supported manufacturer of organic teas and health products. While TCPL did not disclose the…
This avant-garde fitness regimen stands out for its pioneering use of high-pressure chambers, which catalyse accelerated results and improved recovery times. The concept behind this unconventional workout method revolves around the principles of hyperbaric training, a technique that exposes individuals to elevated atmospheric pressure. As participants engage in exercises within these specialized chambers, the heightened…
Inflexion Point Ventures (IPV), a distinguished angel investment platform boasting companies such as Clensta, Siply, Loankuber, Kazam, and Qubehealth in its portfolio, has unveiled a versatile accelerator program. The initiative, IPV Ideaschool Batch 1, spans six weeks and is tailored to provide robust support for entrepreneurs navigating the initial stages of startup development. This sector-agnostic…
Japanese conglomerate SoftBank is preparing for a resurgence in the Indian startup ecosystem after an 18-month hiatus from major regional investments. The company is gearing up to initiate new deals with Indian startups in the coming months, signalling a positive turn in its investment strategy for the dynamic Indian market. This renewed focus is expected…
In a strategic move, InMobi, a prominent ad tech unicorn, is undergoing a comprehensive realignment of its business operations. This initiative spans technology, organizational structure, personnel, and skills, primarily focusing on deploying artificial intelligence (AI). Adopting an AI-first approach is anticipated to result in job cuts, affecting approximately 125 employees, equivalent to around 5% of…
Zoomcar, the prominent Bengaluru-based car rental platform, has recently welcomed Adarsh Menon to its leadership team as President. In this pivotal role, Menon will take charge of overseeing the entire spectrum of business and operations for the startup. With an impressive career spanning 22 years, Menon brings a wealth of experience from his notable stints…
In its recent Pre-Series A funding round, Bengaluru-based warehouse robotics startup Accio Robotics secured $1.8 million (approximately INR 15 Crore). The round was co-led by BIG Capital, Unisync Angels, and Daniel Fitzgerald, with participation from existing investors Roots Ventures and Impact Robotics’ founder, Anuj Bihani. Accio Robotics, founded by Pranav Srinivasan and Tuhin Sharma, specializes…
