In a strategic move to expand its footprint in the cement industry, billionaire Gautam Adani-led Adani Group has announced that its cement subsidiary, Ambuja Cements, will acquire CK Birla Group’s Orient Cement Ltd at a valuation of Rs 8,100 crore. This acquisition is seen as a major step that strengthens Adani’s position in the highly competitive cement market.The Acquisition DealAdani Group’s Ambuja Cements has signed a binding agreement to acquire Orient Cement, marking a significant milestone in its expansion journey. The deal aligns with Adani’s vision to scale up its presence in the building materials sector, further reinforcing its commitment…
Author: Desi Founder
Twitter, now rebranded as X under Elon Musk’s leadership, has seen significant financial turbulence in India. The tech giant, once a major player in the digital advertising space, has witnessed a staggering 90% decline in net profit, driven largely by a sharp drop in ad revenue. For a company that relies heavily on advertising dollars, this decline raises questions about its future in one of the world’s fastest-growing digital markets.This article delves into the factors contributing to Twitter India’s dramatic fall, exploring what went wrong and how the company might recover.The Numbers Speak: A 90% Profit DeclineTwitter India’s financial report…
Let’s be real—your 20s are the time to hustle. You’re energetic, creative, and a little reckless. That’s the perfect recipe for building an empire. Forget waiting for your 30s to start living the dream. The startup world? It’s calling your name. If you’ve ever scrolled through TikTok or Instagram and wondered how Gen Z entrepreneurs are blowing up with businesses ideas, you’re not alone. You can do it too. Here’s the roadmap to create your startup engine, conquer the market, and build a company that pops off.1. Find That Business Idea You Can’t ShakeIt all starts with one killer idea.…
Indian investment platform Groww recently made headlines for paying a hefty ₹1,340 crore (approximately $160 million) in taxes as part of its strategic move to shift its corporate domicile from USA back to India. This move comes at a time when several Indian startups are returning to their home market amid regulatory shifts and the need for closer alignment with domestic policies. The implications of Groww’s relocation decision shed light on broader trends within the startup ecosystem as reported by Tech Crunch, particularly regarding the factors driving the repatriation of companies, and the challenges and tradeoffs involved.The Financial and Strategic…
Perplexity AI, a rapidly growing AI-driven search startup, is reportedly in talks to raise capital at an $8 billion valuation. Founded in 2022, Perplexity has quickly become a notable player in the AI search market, offering conversational search capabilities and real-time answers based on large language models (LLMs). This potential funding round comes as demand for AI-enhanced search solutions grows, driven by advancements in generative AI.Perplexity’s Rise in the AI Search MarketPerplexity AI aims to enhance the search experience by enabling users to ask questions in natural language and receive clear, concise answers in real time. Its platform blends generative…
Mira Murati, the former CTO of OpenAI, has reportedly embarked on a new venture in the AI landscape, seeking to raise capital for an AI startup. Murati, known for her significant contributions to advancing artificial intelligence during her time at OpenAI, has caught the attention of investors with her new venture.A Strategic Shift Post OpenAIMurati’s departure from OpenAI, where she was integral in overseeing the development of advanced AI models such as GPT-4, signals a new chapter in her journey. While specific details about her new startup remain under wraps, the fundraising efforts suggest that Murati is keen to create…
Raptee, an emerging player in India’s electric vehicle (EV) industry, has just launched the country’s first high-voltage electric motorcycle, the Raptee DOT HV T30. This innovative two-wheeler is set to revolutionize the electric motorcycle market with advanced technology, performance, and eco-friendly features. Here’s an in-depth look at what makes the Raptee DOT HV T30 a significant entry into the electric vehicle sector.High-Voltage Technology: The First of Its Kind in IndiaThe most distinctive feature of the Raptee DOT HV T30 is its high-voltage technology. With an impressive 720V architecture, this electric motorcycle is designed to outperform other electric bikes in the…
Understanding Lean Startup Methodology The Lean Startup methodology is a revolutionary approach to developing businesses and products, which aims to enhance the likelihood of startup success through validated learning and iterative progress. Originating from the principles laid out by Eric Ries in his 2011 book, “The Lean Startup,” this methodology emphasizes the importance of rapid experimentation and customer feedback in the early stages of a venture. At its core are several fundamental concepts, including the build-measure-learn feedback loop, validated learning, and the minimum viable product (MVP). Validated learning is a key principle that allows entrepreneurs to test hypotheses about their…
AIWB’s initiatives, including networking events, workshops, and exhibitions, have helped women gain visibility, form partnerships, and expand their customer base. In today’s evolving business landscape, building communities that support women entrepreneurs is critical, especially for those facing unique challenges while starting and scaling businesses. Indian women living abroad often encounter additional obstacles such as navigating different cultural and business environments, limited networks, and restricted access to localized resources. Organizations focused on empowering women entrepreneurs can play a transformative role by providing platforms for networking, mentorship, and resource-sharing, helping women unlock their potential and grow their ventures. Austin Indian Women in…
Al assistant that can answer questions, find information, write documents, all powered by your apps and workplace knowledge. The rapid rise of AI has transformed workplaces, offering new tools that enhance productivity, decision-making, and information accessibility. With the ever-growing need for efficiency, AI assistants have become essential in streamlining operations by automating mundane tasks, answering queries, and providing insights. AI Search Assistants, in particular, play a crucial role in modern workplaces by integrating with multiple platforms and pulling information across various apps—whether it’s documents, emails, or project details—making it easier for teams to access what they need quickly. This eliminates…