Author: Business Matters Author

Droom, a leading online automobile e-commerce platform in India, has successfully raised $3 million (approximately INR 24.75 crore) in an undisclosed funding round. The investment was co-led by India Accelerator and Finvolve, two key players in the Indian startup ecosystem. This new funding round is set to fuel Droom’s growth initiatives as the company strengthens its technology infrastructure, accelerates customer acquisition, and expands its presence across India. A Strategic Investment for Growth and Expansion Droom’s latest funding will play a pivotal role in enhancing its technological capabilities, enabling the company to offer more efficient, scalable, and customer-centric services. As a…

In a groundbreaking move, Alphabet Inc., the parent company of Google, has agreed to acquire Wiz, an Israeli cloud security startup, in an all-cash deal valued at approximately $32 billion (Rs 2.70 lakh crore). This acquisition marks the largest in Google’s history, surpassing its previous record deal—the $12.5 billion purchase of Motorola Mobility in 2011—and even exceeding the $23 billion offer Google made for the startup last year. While the transaction is still subject to regulatory approvals and other customary closing conditions, it signals a strategic shift for Google as it continues to invest heavily in strengthening its cloud computing…

In the rapidly expanding Indian gaming industry, the rise of game development studios has been nothing short of remarkable. One studio that has generated significant buzz is LightFury, a company that aspires to create India’s first PUBG-scale AAA game. With the global gaming market witnessing an unprecedented boom, especially in the battle royale genre, LightFury’s ambitious goal could not have come at a more opportune time. But can the studio successfully compete with international giants and establish itself as a leader in the AAA gaming space? The Current State of India’s Gaming Industry India’s gaming market has seen rapid growth…

Dental hypersensitivity is a widespread issue affecting a significant portion of the Indian population, with studies indicating that between 20% and 32% of Indians experience this uncomfortable condition. This problem occurs when the dentin, the sensitive part of the tooth, becomes exposed due to receding gums or enamel erosion, causing sharp pain when consuming hot, cold, sweet, or acidic foods and beverages. While current solutions primarily include desensitizing toothpastes, gels, and liquids, they may not always address the root cause of dental hypersensitivity effectively. But what if the future of dental care involved microscopic robots that could provide precise, personalized…

In a notable development in the Indian stock market, global investment management giant Vanguard Group has made its first-ever stake acquisition in CarTrade, an auto-classifieds platform. Vanguard, known for its significant global presence in investment management, purchased a total of 7.13 lakh (713,000) shares of CarTrade via bulk deals, as reported by the National Stock Exchange (NSE). This acquisition marks a strategic move by Vanguard to tap into the rapidly growing Indian digital marketplace. Vanguard’s Investment Details As per the data provided by the NSE, Vanguard acquired the shares at a price of INR 1,804 each. The total value of…

In a strategic move towards bolstering its presence in the electric vehicle (EV) sector, Hero MotoCorp, one of the largest two-wheeler manufacturers in India, has announced a major investment of up to INR 525 Cr in Euler Motors, an emerging electric three-wheeler manufacturer. The investment is seen as part of Hero MotoCorp’s long-term strategy to diversify its product portfolio and strengthen its position in the rapidly growing electric mobility market. Hero MotoCorp’s Investment in Euler Motors On March 20, 2025, Hero MotoCorp made an official filing with the stock exchanges, revealing that its board had approved a proposal to acquire…

Icertis, a leading Software-as-a-Service (SaaS) provider for contract management, is on the verge of raising $50 million (around INR 431.8 crore) in an equity funding round to accelerate its growth and innovation. This move underscores the company’s ambition to strengthen its position in the rapidly evolving contract lifecycle management space and to further expand its global footprint. A Growing SaaS Unicorn Founded in 2009 by Samir Bodas and Monish Darda, Icertis has established itself as a SaaS unicorn, with a market-leading product that provides robust solutions for contract management. The company’s flagship offering, Icertis Contract Management (ICM), is an enterprise-grade…

Vodafone Idea, one of India’s leading telecom providers, has begun discussions with Starlink (led by Elon Musk) and Amazon’s Kuiper (owned by Jeff Bezos) to provide satellite-based internet services to its customers in India. This strategic move aligns Vodafone Idea with its major competitors, Bharti Airtel and Jio Infocomm, who have already made significant steps in bringing satellite-based internet connectivity to the Indian market. Vodafone Idea’s Strategic Collaboration In recent developments, Vodafone Idea’s Chief Technology Officer (CTO), Jagbir Singh, revealed that the company is in talks with both Starlink and Amazon Kuiper to explore how these satellite internet services could…

Spacetech startup Pixxel is making waves in the satellite industry with the successful commissioning of its three Firefly satellites. On March 18, 2025, the company released high-resolution hyperspectral images captured by the satellites, marking a significant milestone for the startup and the broader field of Earth observation. This accomplishment comes just a few months after the Fireflies were launched aboard SpaceX’s Transporter-12 mission in January 2025. Pixxel’s founder and CEO, Awais Ahmad, shared the exciting news with his LinkedIn followers, stating, “…excited to reveal first light images from all three of the Fireflies that launched recently! A new era in…

In a groundbreaking partnership, Ericsson, Volvo Group, and Bharti Airtel have come together to explore the transformative potential of extended reality (XR), digital twins, and artificial intelligence (AI) in the manufacturing sector. This collaboration aims to leverage cutting-edge technologies like 5G and 5G Advanced to significantly enhance industrial operations, workforce training, and real-time process optimization. By combining their expertise in telecommunications, automotive, and industrial operations, the three companies are set to push the boundaries of what is possible in manufacturing and reimagine the future of industrial processes. A New Era in Manufacturing with XR, Digital Twins, and AI The manufacturing…