Bullets

Eight new-age internet companies went public this year, creating a wave of wealth for their founders. These lucky few saw their fortunes surge by nearly ₹34,000 crore through IPOs. 🤑

While employees also benefited, with over ₹8,500 crore unlocked through stock options, their gains pale in comparison to the founders' windfall.

Want to know more about the IPO riches? Read them all from here.

Investor enthusiasm for India's Electric Vehicle (EV) sector is cooling down. Funding for EV companies has almost halved in the last two years, as investors become more cautious.

Rising costs and slower-than-expected sales growth are making investors demand better financial performance from EV companies before opening their wallets.

Is this the end of the EV boom in India? Know it all from here.

Tata Digital, the e-commerce arm of Tata Sons, will have to wait until mid-2025 for its next round of funding.

Until then, they'll be relying on their own cash reserves and borrowing to keep the growth engine running. 💸

This news suggests that Tata Sons may be taking a more cautious approach to investing in their e-commerce venture. 🤔

What do you think? Is this a smart move or could it hinder Tata Digital's progress? Know more about the company from this article link.

Once, giants like Tiger Global and SoftBank poured billions into Indian startups, dreaming of the next Alibaba. Now, the spotlight is on younger players like Zepto, founded by Stanford dropouts.

Zepto, along with Zomato's Blinkit and Swiggy's Instamart, is racing to dominate the quick commerce market. They've raised over a billion dollars in just five months, proving that investors are still willing to bet big on companies with massive growth potential.

Want to know more about the rise of this Indian startup? Click here.

India's IT industry is gearing up for a hiring boom! 💼 After a slight dip, they're expecting to add a massive 500,000 to 750,000 new employees next year.

Hiring for entry-level positions is expected to surge, offering exciting opportunities for graduates.

This growth is a major win for the Indian IT sector, showcasing its continued dominance in the global market.

More and more women are breaking the glass ceiling in India's tech industry! 👩‍💻 Google recently appointed Preeti Lobana as its India head, joining a growing list of powerful women leaders, including Salesforce's Arundhati Bhattacharya and Meta's Sandhya Devanathan.

The rise of Global Capability Centers (GCCs) in India is creating opportunities for women.

While women make up a significant portion of the tech workforce in GCCs, they still face challenges in reaching the top.

Know who the top entreprenuers in India are from the article "Stories of India's Top 12 Leading Women Entrepreneurs"

Oyo is making a big splash in the US hotel market! 🏨 They just bought G6 Hospitality, the owner of the iconic Motel 6 and Studio 6 brands, from Blackstone for a cool $525 million (₹4,410 crore). 🤑

This deal is expected to be a major win for Oyo, boosting their earnings significantly. They're aiming for over ₹2,000 crore in earnings by FY26.

Know more about the history of Oyo and its current standing from here.

Coforge and Cigniti Technologies are merging! 🤝 EY and Axis Capital are working on the final details, which should be presented to shareholders within two weeks.  

Coforge will absorb Cigniti Technologies, and Cigniti shareholders will receive Coforge shares based on an agreed-upon swap ratio.  

Coforge already owns a 54% stake in Cigniti.

Despite a slight dip in funding, Indian AI startups are still attracting big bucks from venture capitalists. 💰

While funding decreased by 26% this year, the number of deals actually increased, suggesting a shift in investor focus.

Many Indian AI companies are targeting the US market, mirroring the success of Indian enterprise software companies.

Stay tuned with Bullets by Insider for more updates on the AI & Business updates.

Accenture's latest earnings report is sparking optimism in India's tech sector. 💡 The tech giant highlighted strong demand for AI services, particularly in North America.

This is great news for India's $254 billion (₹21.33 lakh crore) tech outsourcing industry, which plays a crucial role in the global economy.

Accenture's success suggests a bright future for AI, and India is well-positioned to capitalize on this growing market.

Indian startups are seeing a wave of exits! Risk investors cashed out over $5 billion (₹42,000 crore) in 2024, with secondary transactions being a major player.

More IPOs are on the horizon in 2025, with companies like Bluestone, Ather Energy, and Ecom Express ready to go public.

Want to know more about the startup boom? Click here to know in-depth.

OpenAI is about to unleash a new generation of super-smart AI! They're introducing o3 and o3 mini, designed to crush complex problems like never before.

CEO Sam Altman says these models will be game-changers, attracting new users and investments.

Think of it as a brain upgrade for AI! Know more about the ChatGPT and its impact on your lives by clicking on this link.

Accel India, the venture capital firm behind Flipkart and Swiggy, is back with a bang! They've just closed their eighth fund, raising a whopping $650 million (₹5,460 crore).

This new fund, along with their US-based growth fund (₹11,340 crore), will fuel investments in promising Indian startups, especially those gearing up for their IPOs.

Accel is now poised to play an even bigger role in the Indian startup ecosystem.

Good news for Indian startups! After a rough patch in 2023, funding is starting to flow back in.

While early-stage deals remain steady, growth-stage companies are seeing a major boost, with over $5 billion (₹42,000 crore) raised this year.

But don't get too excited! Investors are still cautious. Companies need to adjust their expectations and focus on sustainable growth.

Want to know more about the Indian startup scene? Click here.

The Indian government is cracking down on predatory lending apps!A new bill proposes a 10-year jail term and a hefty ₹1 crore fine for those who break the rules.

This comes after numerous complaints about unfair lending practices and harassment by some digital loan apps.

The government is seeking public feedback on the draft bill until February 2025.

MobiKwik's stock is on fire! 🔥 The shares have surged 14% today, adding to the impressive 37% gain from its recent listing.

Since its IPO price of ₹279, the stock has already soared 117%.

This digital payments company is clearly a hot commodity, but is it too hot to handle?

Read more about the recently listed company with this article.

Perplexity AI, the startup challenging Google's search dominance, just hit the accelerator with a $500 million (₹4,200 crore) funding boost. This latest round values the company at a staggering $9 billion (₹75,600 crore).

The funding will fuel Perplexity's mission to revolutionise search with AI-powered results.

Will Perplexity dethrone ChatGPT? Know the competitors strength with this article.

Indian stocks took a major hit today, with the Sensex plunging over 1,000 points! The culprit? The US Federal Reserve's hawkish stance on interest rates.

Investors are worried about the impact of higher interest rates on global economic growth and corporate earnings.

Should you be worried about your investments? Read more with Finology Insider to make an informed decision.

Digital lenders are changing their strategy as RBI tightens rules on unsecured loans. They're now focusing on secured lending, offering loans against property, business loans for small businesses, and green financing.

While some lenders are using a mix of online and offline methods, others are going door-to-door to offer loans.

However, they're facing challenges like physical verification and collateral checks, which can slow down the process.

Mobikwik's shares made a strong debut on the stock market today, opening at a premium of over 50%. This means investors who bought the shares in the IPO are already seeing significant gains.  

The company's strong performance in the grey market, where shares trade before the official listing, was a good indicator of its potential.  

Interested about the company's fundamentals? Know it all from here.