At Scoop’d Up, we simplify the day’s top business news for you. Here are the three major stories making headlines on April 21, 2025: 1. Sensex Breaches 75,000-Mark for the First Time The BSE Sensex has achieved a significant milestone by crossing the 75,000 mark for the first time. This surge is attributed to strong…
20th April, 2025 brought several key developments in the business world. From a significant diplomatic visit to a tech billionaire announcing his India plans, and a major regulatory update—these are the top three stories you should know about today. 1. US Vice President JD Vance Begins India Visit to Boost Trade US Vice President JD…
The ongoing BluSmart crisis has sparked a strong reaction from Aman Gupta, co-founder of boAt and judge on Shark Tank India. Gupta has stressed the need for ethical governance in startups, particularly during times of crisis. He pointed out that the impact of such situations goes beyond the immediate company, affecting investors, employees, and customers…
The Reserve Bank of India (RBI) has recently raised a red flag over India’s call money market, pointing to concerns over liquidity transmission. Despite a ₹1.7 trillion daily liquidity surplus in April, the RBI Governor Sanjay Malhotra, warned that the current state of liquidity could pose risks to the smooth transmission of monetary policy. What…
PhonePe, one of India’s leading fintech players, has officially transitioned into a public company, moving one step closer to its much-anticipated initial public offering (IPO). Backed by Walmart, this move sets the stage for PhonePe to potentially raise funds at a whopping $15 billion valuation. The company, which started under Flipkart before separating in 2020,…
In a tough move, Infosys has reportedly terminated 240 fresh trainees after they failed to clear internal assessments. These assessments are part of the company’s standard onboarding and training process for new recruits, usually conducted after freshers join from campus placements. This is the second time this year that Infosys has taken such action. Earlier…
India’s quick commerce space is heating up, and Zepto is looking to take the lead. The company is reportedly in talks to raise $300 million in a fresh funding round, aiming to strengthen its position in the fast-paced 10-minute delivery market. If successful, this round could push Zepto’s valuation to around $3.5 to $4 billion,…
India’s startup ecosystem witnessed a significant resurgence in 2024, with venture capital (VC) funding reaching $9.2 billion between January and October. This marks a 44.4% increase compared to the same period in 2023, signaling renewed investor confidence in the country’s entrepreneurial landscape . A total of 984 funding deals were recorded during this period, up…
