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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102243) | |
22341. Oaktree invests Rs 570 crore in realty developer M3M
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- Oaktree Capital Management, a US based alternative investment firm has invested Rs 570 crore in M3M, a real estate company that’s developing multiple projects in the national capital region (NCR), including the Trump Tower in Gurugram.
- The funding would be Oaktree's first investment in NCR's real estate space.
- In all, the company has about 2.5 crore sq. ft. of projects under development with a construction outlay of Rs 4,500 crore.
22342. Google’s Sundar Pichai announces $10 billion investment in India
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Indian Express
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- Google CEO Sundar Pichai announced a $10 billion investment in India on Monday at the Google for India virtual live-stream event. The event focused on contributing to accelerate India’s digital economy with this investment over the next five to seven years.
- “Today, I’m excited to announce the Google for India Digitization Fund. Through this effort, we will invest ₹75,000 crores, or approximately $10 billion, into India over the next 5-7 years. We’ll do this through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments. This is a reflection of our confidence in the future of India and its digital economy,” Pichai said.
- Pichai also lauded Prime Minister Narendra Modi for the implementation of his vision Digital India which has made internet accessible to a billion Indians via cheap smartphones, affordable data, and world-class telecom infrastructure.
22343. [Startup Bharat] This entrepreneur started up to make Assam a tech hub
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- 1. TechVariable is a technology startup that aims to boost the tech ecosystem in Northeast India.
- 2. The startup provides tech-based solutions to its clients, especially product development.
- 3. The company stands out for its technology consulting workforce and best tech practices.
22344. Walmart to infuse $1.2 billion in Flipkart Group; pegs latter's valuation at $24.9 billion
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- US-based retail giant Walmart has infused $1.2 billion in Flipkart's commerce business valuing it at $24.9 billion, as the Indian online retail battle gets redrawn with Reliance Jio's plans to leverage its telecom reach to propel online commerce.
- The capital from Walmart, which already owns around 80% in the Bengaluru-based online retailer, will take its shareholding up a percentage or so, said people in the know.
- This is the largest such fund raise for Flipkart since it was acquired two years ago for $16 billion, valuing the etailer at $21 billion.
22345. Jio-Google deal: Google to invest Rs 33,737 crore in Jio platforms
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Indian Express
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- Reliance Industries Ltd (RIL) during its 43rd annual general meeting (AGM) has announced the reeling in of Google as an investor. The company has announced Google will invest Rs 33,737 crore for a 7.7 per cent stake in Jio platforms after all regulations are met.
- RIL’s Chairman & Managing Director, Mukesh D Ambani has announced that with Google’s investment, Reliance has turned completely debt-free. From now, it will only be accepting strategic investments. Ambani announced that it has partnered with Google to develop and launch a new 5G supported affordable entry-level smartphone
- With Google, the company will develop an operating system based on Android to power this affordable 5G smartphone that the company plans to launch soon.
22346. Why these second-time entrepreneurs decided to start audio social media platform Swell
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- 1. Sudha K Varadarajan and Arish Ali had earlier founded San Francisco-based Skava, a company that scaled up to profitable growth and made a $120 million exit to Infosys.
- 2. The duo then explored the audio and voice space and just launched Swell, an asynchronous audio social media platform, in India.
- 3. Swell today appeals to the young college-going adults as it brings in a variety, spontaneity, and fun to traditional podcasting.
22347. पुदीना उगाने से हुई शुरुआत, खुद उगाते हैं अपना खाना और चलाते हैं गार्डन स्टोर
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Innovations in Bharat
Hindi
India
The Better India
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- 1. गोवा में रहनेवाले योगिता मेहरा और करण मनराल, पिछले 13 सालों से ऑर्गनिक किचन गार्डनिंग कर रहे हैं। इसके साथ, वे ‘ग्रीन एसेंशियल’ नाम से अपना गार्डन स्टोर भी चला रहे हैं।
- 2. योगिता और करण ने ‘Green Essentials’ नाम से एक गार्डन स्टोर की शुरुआत की। इसके बाद योगिता ने अपनी नौकरी छोड़ दी और करण पार्ट-टाइम प्रोजेक्ट्स लेने लगे।
- 3. अब तक वह लगभग 5000 लोगों को बागवानी पर वर्कशॉप दे चुके हैं। इसके अलावा, वे अब तक लगभग 55 लोगों के यहां बगीचा सेटअप करने में मदद कर चुके हैं।आज के समय में उनका सालाना टर्नओवर 50 लाख रुपए से ज्यादा है।
22348. This EV startup is riding its way to success with its Made in India electric cycles
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- 1. Founded in 2020, Pune-based EMotorad is an EV startup that aims to bring across premium quality electric cycles at an affordable price.
- 2. The EV startup aims to bring across premium quality electric cycles at an affordable price, utilising its local sourcing and manufacturing capabilities.
- 3. The startup, with clients in 58 countries, is offering three models at present and aims to give commuters an environment-friendly and economical way of commuting.
- 4. The startup is expanding its presence in the UAE (Dubai, Abu Dhabi, Sharjah, and Oman) with the launch of two new products - Trible, a tri-fold e-bike; and Ener-G, a mini scooter for delivery, in September this year.
22349. Uttar Pradesh’s agri startup offers hope and technical aid to farmers
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
Uttar Pradesh
The Times Of India
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- 1. Krishika, a UP-based agri startup which is helpling farmers at the grassroots by providing guidance on farm practices and ensuring timely availability of quality inputs at affordable prices, has made it to the list of top 10 agri startups in India.
- 2. The outlets are functional in Lucknow, Sitapur, Barabanki, Ayodhya, Rae Bareli, Basti, Gonda, Deoria, Gorakhpur and Bahraich
- 3. The startup organises outreach programmes to guide and educate farmers to adopt sustainable agricultural practices.
- 4. It has reached out to over 25,000 farmers and plans to set up more physical marts in northern and central India.
22350. अपने मुहांसों का हल ढूंढते-ढूंढते बना दिया Natural Skincare Brand, विदेश से आते हैं ऑर्डर
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
Hindi
India
The Better India
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- 1. तमिलनाडु के कोयंबटूर में रहनेवाले प्रितेश अशर और मेघा अशर ने अपने Natural Skincare Brand, ‘Juicy Chemistry’ की शुरुआत अपने रसोईघर से की थी।
- 2. सभी उत्पाद जैविक और प्राकृतिक सामग्रियों से बनते हैं और इन्हें बनाने का तरीका भी पर्यावरण के अनुकूल है।
- 3. मेघा और प्रितेश ने अपने घर की रसोई से ही काम शुरू किया। 2014 में मात्र 5000 रुपए के निवेश से उनका सफर शुरू हुआ और देखते ही देखते उन्होंने बाजार में अपना एक नाम बना लिया।
- 4. साल 2020-21 का उनका टर्नओवर लगभग 25 करोड़ रुपए रहा है। अमेज़न, फ्लिपकार्ट जैसे ई-कॉमर्स प्लेटफॉर्म पर होने के साथ-साथ उनकी अपनी वेबसाइट और मोबाइल ऐप्लिकेशन है।
- 5. उनकी मोबाइल ऐप पर लगभग 60000 एक्टिव यूजर हैं और वेबसाइट पर सवा लाख से ज्यादा एक्टिव यूजर हैं। इसके अलावा, कोयंबटूर में उनका एक ऑफलाइन स्टोर भी है। आज उनकी कंपनी में 45 लोग काम करते हैं।