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Rapido, India s leading commute app renowned for its multimodal services, including biketaxis, autos, and cabs, has launched its innovative SaaS model for Auto Captains. With this strategic move, Rapido shifts from aggregator commissioned model to introduce a lifetime Zero Commission for auto captains, reducing the burden of exorbitant commission rates and empowering them to take control of their earnings.

Noccarc, a Pune based medical devices startup, has raised $2 million in a recent funding round led by Indian Angel Network (IAN). The round also witnessed participation from institutions such as the Indian Institute of Technology (IIT) Kanpur, SIDBI (Small Industries Development Bank of India), and TDB (Technology Development Board). Furthermore, the funding round welcomed Sunil Munjal, the Chairman of Hero Enterprises, as a notable investor.

Elevate Your Tech Prowess with HighValue Skill Courses Offering College Course Website IIT Delhi IITD Certificate Programme in Data Science & Machine Learning Visit IIM Lucknow IIML Executive Programme in FinTech, Banking & Applied Risk Management Visit Indian School of Business ISB Product Management Visit Bengaluru based startup Supertails , which focuses on petcare products and services, has raised $15 million (around Rs 125 crore) in equity funding led by RPSG Capital Ventures

Supertails, a fullstack tech enabled petcare startup, has raised Rs 125 crores in Series B funding led by RPSG Capital Ventures and existing investors Fireside Ventures, Saama Capital, DSG Consumer Partners and Sauce VC. This funding will be deployed by the company to enable business growth through the acquisition of new customers and investments in technology, along with the expansion of healthcare services including Supertails Pharmacy.

Supertails, a fullstack petcare startup, has raised Rs 125 crore in its Series B round led by RPSG Capital Ventures with participation from existing investors like Fireside Ventures, Saama Capital, DSG Consumer Partners and Sauce VC. The Deepika Padukone backed company will use the money to begin offline operations, invest in technology and grow its healthcare services, including Supertails Pharmacy.

Parag Agarwal, an IIT Bombay graduate, captured the global spotlight when he was appointed as the CEO of Twitter, commanding a staggering salary exceeding Rs 100 crore. However, his tenure at the helm was short lived, facing a swift exit following Elon Musk s acquisition of the social media platform.

Angel investment platform Inflection Point Ventures is planning to make fresh investments in the range of Rs 150200 crore in startups this year, a senior company official said. The company announced partial and full exit from 14 firms with an average 61 per cent internal rate of return in 2023.

Angel investment platform Inflection Point Ventures is planning to make fresh investments in the range of Rs 150200 crore in startups this year, a senior company official said. The company announced partial and full exit from 14 firms with an average 61 per cent internal rate of return in 2023.

In 2023, IPV recorded a 217 per cent IRR (about 40x monthonmonth) with a full exit from Project Light. Along with three full exits, IPV secured partial exits from 11 other startups through the year, delivering IRRs ranging from 20 per cent to 97 per cent. These exits, involving over 1,000 individuals’ investments, translated into lucrative returns, with an average holding period of 1.5 to 2 years.

How can the proverbial chaiwala in India plan for his pension today Technically, he can invest in the National Pension System (NPS). But that requires him to make a number of relatively complex calculations, and even then, it does not tell him how much he needs to save to ensure that he gets the desired purchasing power when he retires.