News and Trends: Page 2

Business News

A Vegan Restaurant Is Switching to Serving Meat, Saying Plant-Based Eating Isn't Enough to Save the Planet

Several formerly all-vegan restaurants in Los Angeles have shifted to incorporating meat in recent years, citing financial factors.

Business News

'Americans Just Work Harder' Than Europeans, Says the CEO of Norges Bank, the World's Largest Wealth Fund

About half of the fund's equities are invested in American companies.

News and Trends

From Air Taxis To Wide-body Aircraft: IndiGo's Long Hauls Of Many Firsts

The airline has agreed to place an order for 30 Firm A350-900 widebody aircraft, powered by Rolls Royce's Trent XWB engine; recently it also announced to bring in all-electric air taxi service in India

News and Trends

Animoca Brands-backed Chess Game, Anichess, Raises Funds Led by Sfermion and Amber Group

The round was led by Sfermion and Amber Group, with participation from Fenbushi Capital, Aspen Digital, SNZ Capital, and others

News and Trends

Hyundai India To Launch Five Locally Produced Models By 2030

Hyundai is likely to file the draft paper with the SEBI by May and launch the IPO in the fourth quarter of CY24.

News and Trends

Chargeup Sets Ambitious Goal To Onboard 1 Lakh EV Drivers

Chargeup is gearing up to significantly increase its footprint by adding 1,500 new partner stations in existing locations such as Delhi and Jaipur.

News and Trends

Fashion Startup Lyskraft, FlexiCloud Internet, and AI startup Control One Secure Early-Stage Funding

Here are the Indian startups that announced early-stage funding rounds.

News and Trends

Capria Ventures Closes India Opportunity Fund at INR 153 Cr Post Awign Exit

In February 2023, Capria achieved the first close of its India Opportunity Fund at INR 75 crore (announced originally as Unitus Ventures India Opportunity Fund before Capria and Unitus joined forces to operate as a single brand, Capria, in September 2023).

News and Trends

inDrive Focused On Strengthening EV in Indian

The company has taken significant strides towards embracing EVs as a central component of its future services, positioning itself as a pioneer in sustainable transportation.

News and Trends

Norwest Venture Partners Announces its 17th Fund Close at USD 3 Bn

The new fund aims to support multi-stage investments across the enterprise, consumer, and healthcare sectors.

News and Trends

MG Motor India Installs 500 EV Chargers In 500 Days

Green Mobility gets a strong boost in over 50 major cities across the country.

Business News

Southwest Airlines CEO Says the Company May Start Assigning Seats

The airline reported its Q1 2024 earnings on Thursday.

Business News

These 'Expressive Avatar' Deepfakes From a Billion-Dollar AI Startup Look Scary Real — Here's Who's Already Using the Technology

Is that a real person or an AI clone? New technology makes it nearly impossible to tell.

Business News

Mark Zuckerberg Warned Investors That Meta's AI Investment Won't Pay Off Immediately

Meta's CEO told shareholders during the Wednesday earnings call that Meta's stock volatility is par for the course for any new project.