Author: Priyanka Chauhan

New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das announced on June 8 it’s Monetary Policy Committee meeting has decided to keep the key policy repo rate unchanged at 6.5 percent. The announcement could have a positive impact on consumer sentiment, benefiting the interest-sensitive real estate sector. Here is what real estate experts have to say: Mr. Sandeep Runwal – President, NAREDCO Maharashtra “The RBIs decision to keep repo rates unchanged at 6.50 per cent is a welcome move, but reducing the repo rates would further help improve home buyer sentiments and fuel home sales. It would put more money…

New Delhi: Maxima Watches, a renowned name in the world of timekeeping, is proud to announce the launch of its latest breakthrough innovation, the Max Pro Turbo 2. Designed to cater to the tech-savvy and fashion-forward contemporary youth, this smartwatch is set to redefine the way they stay connected, active, and stylish. Packed with a plethora of features and priced affordably at just 1999/-, the Max Pro Turbo 2 offers exceptional value without compromising on quality or functionality. Let’s take a closer look at what makes this smartwatch a must-have for the youth of today. The Max Pro Turbo 2…

New Delhi:  Sheerdrive, a Mumbai-based pioneering Digital AI/ ML pre-owned vehicle platform, which deals with all the key elements required to run an effective used-vehicle program for New Car Dealerships (NCDs), has announced that Inflection Point Ventures (IPV), a well-known-angel-investment group, has made an undisclosed investment in the business. Inflection Point Ventures (IPV) joins the group of investors already in place, which also includes Mr. Prajit Nanu, Co-Founder and CEO of NIUM, a multibillion-dollar fintech company, as well as JITO Angel Network, INSEAD Angels India, Group Landmark, Volrado Venture Fund, and others.   Sheerdrive acquired Superbids is the leading B2B auction platform…

New Delhi: OpenAI CEO Sam Altman is scheduled to meet with Prime Minister Modi on the second day of his visit to India. Altman is widely recognized as a key figure in the ongoing AI revolution, which gained momentum when ChatGPT went public in November of the previous year. During his first day in India, Altman engaged in discussions regarding India’s potential role in AI regulation and the impact of this technology on employment. As part of his itinerary on day two, Altman will be visiting IIIT Delhi at 3 pm. Expressing his views on the global AI regulatory landscape, Altman…

New Delhi: According to a report by The Guardian , a former intelligence official-turned-whistleblower has made claims about the United States government possessing “intact and partially intact” alien vehicles. The official, David Grusch, who previously led the analysis of unexplained anomalous phenomena (UAP) within a US Department of Defense agency, alleged that the US is keeping these craft of non-human origin a secret from the public. In an interview with NewsNation, Mr. Grusch stated, “These are retrieving non-human origin technical vehicles, call it spacecraft if you will, non-human exotic origin vehicles that have either landed or crashed.” He further revealed that when he shared classified…

Hyderabad: City-based Techno Paints on Wednesday announced the appointment of film actor Mahesh Babu as its brand ambassador. He will be the company’s brand ambassador for a period of two years. “For the past 22 years, we have been successful in offering quality paints and quality painting services to business to business (B2B) segment. We executed over 1,000 projects in Andhra Pradesh, Telangana and the rest of the country. Prince Mahesh Babu’s image as a youth icon will help our company to expand. We are extremely confident of establishing ourselves in the Indian retail paints market,” said Akuri Srinivas Reddy, Founder…

Mumbai: WickedGud, a D2C brand making healthy food and snack alternatives, has raised US$ 250,000 in additional growth funding from GetVantage, India’s first and largest alternative financing platform for eCommerce entrepreneurs and SMEs. The food startup has made a significant impact in the healthy food space, building on strong momentum and consumer sentiment. The additional growth funding will be invested in marketing, product expansion, and retail distribution to achieve a 5X growth in net revenues in FY 24, despite already growing 3X in net revenues over the past 12 months. It also plans to exponentially increase its retail footprint to 2,000+ retail…

20 start-ups to raise funds during Live pitching session at Summit SURAT: IVY Growth Associates, a venture capital firm and start-up accelerator, in partnership with SteamHouse India Limited, announces the second edition of its annual Start-up Summit ‘21BY72’ in Surat city. The summit is set to witness the grand participation of 60+ Venture Capitalists and 500+ Angel Investors, and over 200+ start-ups hailing from all over India and globally. The summit is scheduled for 16, 17, 18 June at Avadh Utopia, Surat. All in all 10,000 attendees from across the globe are expected at the summit, which will facilitate opportunities worth roughly over 20 Crores and…

New Delhi: IIFL Finance, a prominent non-bank lender, has announced its plans to raise up to Rs 1,500 crore by issuing Non-Convertible Debentures (NCDs) in the debt market. The company aims to offer investors returns of up to 9 percent on their investments. The public issue for this debt raising endeavor is scheduled to launch on June 9. In a statement released on Tuesday, IIFL Finance, which is backed by Fairfax Holding and led by Prem Watsa, revealed that the proceeds from the issuance will be utilized to support business growth and enhance capital. The primary issuance of secured redeemable NCDs…

New Delhi: India’s leading e-commerce enabler GoKwik, which aims to democratise the shopping experience, has announced that it has completely acquired omnichannel communications specialist Tellephant for an undisclosed amount to tap WhatsApp commerce.   Founded in 2020 by Krishna Pinapatruni, Suhas Entur, and Varun Kapoor, this Bengaluru-based startup is focused on providing brands with conversation as a service and has enabled over 300 e-commerce brands to promote, sell, and provide support through WhatsApp. With this acquisition, GoKwik has now launched its third product KwikChat, a one-stop solution on Whatsapp catering to multiple use cases across the e-commerce funnel. Brands can use KwikChat…