Business News | Foundr Magazine India

By Ritwik Ghosh, Kolkata India

Octro’s Strategic Foray: Gaming Horizons Expand with DGN Games Acquisition

Deciphering the intricacies of the gaming realm, Octro, the Indian mobile gaming juggernaut, has unfurled its strategic maneuver by acquiring DGN Games, a prominent entity hailing from the technological crucible of Israel. The financial intricacies of this transaction remain undisclosed...

Blue Origin ‘s Comeback: Unveiling the Resurgence with NS-24 Launch After 15-Month Hiatus

In the pursuit of reactivating its New Shepard suborbital rocket, Bezos’ Blue Origin is poised to end a protracted operational hiatus exceeding 15 months. The company’s declaration today reveals plans for an uncrewed mission scheduled for liftoff as early as...

Unveiling the Unfortunate: Paytm ‘s Struggle in a Lackluster Week for New-Age Tech Stocks

Amidst the financial technology behemoth Paytm ‘s shares experiencing a staggering 25% decline this week, attributing it to their strategic move to curtail the Postpaid loan sector, the landscape witnessed noteworthy fluctuations. Tracxn Technologies emerged as the prominent victor, notching...

Global Ranking Shift: India Falls to 5th Spot Amidst a 73% Plunge in Startup Funding for 2023

In the chronicles of Q4 2023, a financial nadir materialized with a meager infusion of $957 million, marking it as the least endowed quarter since the advent of Q3 in 2016. The startup domain in India, grappling with an austere...

Foxconn’s Subsidiary to Invest $48 Million in its Indian Operations, Boosting iPhone Manufacturing

In a strategic move, Foxconn Technology Group, the principal supplier for Apple Inc., is gearing up to escalate its investments to an impressive sum exceeding $1.2 billion in the southern Indian state of Karnataka. This expansion initiative includes the establishment...

Erecting the ‘Forge for Bharat’ Frontier: ONDC and Allies Pioneer a Digital Commerce Metamorphosis

ONDC, in partnership with Google Cloud, early-stage investor Antler, Paytm, Protean, and Startup India, has unveiled the ‘Construct for Bharat’ campaign, aimed at addressing intricacies in the realm of digital commerce. The initiative aspires to garner active involvement from over...

Revolutionizing Digital Transactions: Ola’s Pioneering UPI Plugin for Seamless Rider Payments

In a groundbreaking development, the renowned ride-hailing giant, Ola Cabs, has declared the introduction of an in-app payment innovation utilizing the Unified Payment Interface (UPI) plug-in. This cutting-edge feature empowers riders to remit payments directly within the Ola application. Bhavish...

Domestic Pension Funds, Family Enterprises Urged to Invest in Indian Startup Landscape: Amitabh Kant

Amitabh Kant, India’s G20 Sherpa, advocates for Indian insurance firms, pension funds, and family enterprises to infuse capital into the nation’s burgeoning startup ecosystem. This, he contends, is pivotal for propelling India into the echelons of leading startup nations. Notably...

Innovative Investment Unveiled: Google Backing for CoRover.ai’s Indigenous AI Triumph

Google is on the brink of investing approximately $4 million in the indigenous conversational artificial intelligence startup, CoRover.ai. Insiders suggest that this move is yet another sign of the burgeoning growth awaiting the Indian AI startup landscape. In a recent...

XpressBees Expands Horizons: Embracing ONDC With Government Backing

XpressBees, an Indian logistics service provider, has recently become a part of the Open Network for Digital Commerce (ONDC). In the process of aligning with ONDC, XpressBees is set to cater to more than 20,000 pin codes across the nation...

Airtle Bharti-Backed OneWeb Secures IN-SPACe Approval to Pioneer Satellite Broadband Services in India

In a groundbreaking development, OneWeb India, a subsidiary of the Eutelsat Group and endorsed by telecom giant Bharti Group, has received a nod from India’s space regulator, IN-SPACe, to introduce commercial satellite broadband services in the country. This significant approval...

Indian Startup Resilience: $44 Million Raised Amid Global Challenges

In the face of the prevailing global economic downturn, the vitality of India’s startup sphere persists undeterred. Over the past week, the Indian business landscape witnessed a financial influx of $44 million through ten distinct transactions. Although this marks a...

2026,Future-Ready: Salesforce Partners with Indian Ministry of Education for a Massive Student Skill-Up!

In the pursuit of educational enlightenment, Salesforce’s complimentary virtual learning arena, Trailhead, vows to equip 100,000 scholars with aptitude within the next triennium, culminating in 2026. This commitment stems from a memorandum of understanding inked between Salesforce and the Union...

IIT Roorkee and IIRS Dehradun’s Cosmic Coalition: Charting a New Frontier in Space Tech!

IIT Roorkee has embarked on a transformative journey in the realm of Space Science and Technology through a strategic partnership with the Indian Institute of Remote Sensing (IIRS), an integral part of the Indian Space Research Organisation (ISRO) based in...

Revolutionizing LNG Transport: GAIL’s Historic Ship-to-Ship Transfer

GAIL, India’s premier gas firm, has achieved a groundbreaking milestone with the world’s first ship-to-ship liquefied natural gas (LNG) transfer. This strategic move aims to reduce shipping costs and minimize carbon emissions, showcasing GAIL’s commitment to innovation as a catalyst...

Octro’s Strategic Foray: Gaming Horizons Expand with DGN Games Acquisition

Deciphering the intricacies of the gaming realm, Octro, the Indian mobile gaming juggernaut, has unfurled its strategic maneuver by acquiring DGN Games, a prominent entity hailing from the...

Blue Origin ‘s Comeback: Unveiling the Resurgence with NS-24 Launch After 15-Month Hiatus

In the pursuit of reactivating its New Shepard suborbital rocket, Bezos’ Blue Origin is poised to end a protracted operational hiatus exceeding 15 months. The company’s declaration today...

Unveiling the Unfortunate: Paytm ‘s Struggle in a Lackluster Week for New-Age Tech Stocks

Amidst the financial technology behemoth Paytm ‘s shares experiencing a staggering 25% decline this week, attributing it to their strategic move to curtail the Postpaid loan sector, the...

Global Ranking Shift: India Falls to 5th Spot Amidst a 73% Plunge in Startup Funding for 2023

In the chronicles of Q4 2023, a financial nadir materialized with a meager infusion of $957 million, marking it as the least endowed quarter since the advent of Q3 in 2016. The startup domain in...

Foxconn’s Subsidiary to Invest $48 Million in its Indian Operations, Boosting iPhone Manufacturing

In a strategic move, Foxconn Technology Group, the principal supplier for Apple Inc., is gearing up to escalate its investments to an impressive sum exceeding $1.2 billion in the southern Indian state...

Erecting the ‘Forge for Bharat’ Frontier: ONDC and Allies Pioneer a Digital Commerce Metamorphosis

ONDC, in partnership with Google Cloud, early-stage investor Antler, Paytm, Protean, and Startup India, has unveiled the ‘Construct for Bharat’ campaign, aimed at addressing intricacies in...

Revolutionizing Digital Transactions: Ola’s Pioneering UPI Plugin for Seamless Rider Payments

In a groundbreaking development, the renowned ride-hailing giant, Ola Cabs, has declared the introduction of an in-app payment innovation utilizing the Unified Payment Interface (UPI) plug-in. This...

Domestic Pension Funds, Family Enterprises Urged to Invest in Indian Startup Landscape: Amitabh Kant

Amitabh Kant, India’s G20 Sherpa, advocates for Indian insurance firms, pension funds, and family enterprises to infuse capital into the nation’s burgeoning startup ecosystem. This, he...

Innovative Investment Unveiled: Google Backing for CoRover.ai’s Indigenous AI Triumph

Google is on the brink of investing approximately $4 million in the indigenous conversational artificial intelligence startup, CoRover.ai. Insiders suggest that this move is yet another sign of the...

XpressBees Expands Horizons: Embracing ONDC With Government Backing

XpressBees, an Indian logistics service provider, has recently become a part of the Open Network for Digital Commerce (ONDC). In the process of aligning with ONDC, XpressBees is set to cater to more...

Airtle Bharti-Backed OneWeb Secures IN-SPACe Approval to Pioneer Satellite Broadband Services in India

In a groundbreaking development, OneWeb India, a subsidiary of the Eutelsat Group and endorsed by telecom giant Bharti Group, has received a nod from India’s space regulator, IN-SPACe, to...

Indian Startup Resilience: $44 Million Raised Amid Global Challenges

In the face of the prevailing global economic downturn, the vitality of India’s startup sphere persists undeterred. Over the past week, the Indian business landscape witnessed a financial influx...

2026,Future-Ready: Salesforce Partners with Indian Ministry of Education for a Massive Student Skill-Up!

In the pursuit of educational enlightenment, Salesforce’s complimentary virtual learning arena, Trailhead, vows to equip 100,000 scholars with aptitude within the next triennium, culminating in...

IIT Roorkee and IIRS Dehradun’s Cosmic Coalition: Charting a New Frontier in Space Tech!

IIT Roorkee has embarked on a transformative journey in the realm of Space Science and Technology through a strategic partnership with the Indian Institute of Remote Sensing (IIRS), an integral part...

Revolutionizing LNG Transport: GAIL’s Historic Ship-to-Ship Transfer

GAIL, India’s premier gas firm, has achieved a groundbreaking milestone with the world’s first ship-to-ship liquefied natural gas (LNG) transfer. This strategic move aims to reduce...

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