Author: Arabian Media staff
The Sleep Company has raised Rs 480 crore in a Series D round led by ChrysCapital and 360 ONE Asset, the company said on Tuesday. The series D round was a mix of primary and secondary capital, providing partial exit to Fireside Ventures, on of its earlier backers. The company said it will use the funding to scale manufacturing, expand retail presence, invest in product innovation, and strengthen its core teams.Founded in 2019 by Priyanka and Harshil Salot, the Mumbai-based company claims to have crossed Rs 700 crore in annual revenue run rate (ARR) and recorded 60% year-on-year growth in…
Microsoft is planning to implement a stricter return-to-office mandate as soon as next year, sources told Business Insider.Since the pandemic, Microsoft has had a flexible work arrangement, allowing remote work as much as half of the time. According to the BI report, Microsoft is considering increasing the requirement for in-person work for employees based in its Redmond, Washington, headquarters to at least three days a week starting in January.Microsoft is still working out the details of the plan and intends to announce it in September, the sources said. A Microsoft spokesperson told BI that the company was considering revising its…
Homegrown online gaming company SuperGaming has raised $15 million in a fresh funding round at nearly five times the valuation of its previous round around 4 years ago, a top official of the company said on Wednesday.SuperGaming CEO and Co-founder Roby John told PTI that the company had raised $5 million at a valuation of $21 million in 2021.The fresh funds have been raised at an enterprise valuation of about $100 million, he added.The fresh funding round was led by Skycatcher and Steadview Capital, with support from global strategic investors such as a16z Speedrun, Bandai Namco 021 Fund and Neowiz,…
Apple and President Donald Trump are set to announce a $100 billion spending investment for domestic manufacturing, Bloomberg was first to report.”President Trump’s America First economic agenda has secured trillions of dollars in investments that support American jobs and bolster American businesses,” White House spokesperson Taylor Rogers said in a statement.Related: ‘Money Is Pouring In’: President Donald Trump Announces Hyundai, Other Companies Investing Billions in U.S.The announcement will take place in the Oval Office at 4:30 p.m., a source told CNBC. The total commitment will be $600 billion over four years, the outlet noted.A source told Bloomberg that the announcement…
Opinions expressed by Entrepreneur contributors are their own. If one of your employees didn’t have a clear role or goals, you’d probably take immediate steps to fix that. You’d define what success looks like for that individual and make sure they had the necessary tools to do their job. So why not give your capital the same attention?Too many business owners let their money sit idle with no clear purpose, and it costs them more than they realize. It’s common to think of capital as a cushion — something to fall back on during lean times. But the most successful…
This Side Hustle Spotlight Q&A features 35-year-old New York City-based entrepreneur Mehek Khera. Khera is the founder and CEO of Niramaya Foods, a snack brand “rooted in wellness and inspired by Indian heritage.”At the age of 24, Khera left New Delhi, India and immigrated to the U.S., where she landed a job at Walmart. Then burnout and health issues motivated her to start a health-forward side hustle. Niramaya is hitting $1 million in revenue for the first time in 2025. Learn how Khera transformed Niramaya into the successful business behind Naan pretzels and dips, here. Responses have been edited for…
AI coding startup Cognition acquired fellow AI startup Windsurf’s intellectual property, product, and staff last month in a deal with an undisclosed price.This week, The Information reported that after cutting 30 employees from the Windsurf team last week, Cognition is giving the remaining 200-person group a choice: Accept a buyout equivalent to nine months’ salary, or stay on the team and work long hours, at least six days or 80 hours a week. According to an internal email viewed by the outlet, Windsurf employees have until August 10 to decide to stay or take the buyout.Related: OpenAI Is Acquiring Former…
For ecommerce platform Meesho, the vision has always been clear: democratize e-commerce for every Indian. But serving India’s vast and diverse audience, particularly from beyond Tier-1 cities, comes with a unique set of challenges—from low internet connectivity to a user base that is often transacting online for the very first time.At the heart of this challenge lies the most critical moment in any e-commerce journey: the payment.”For a first-time user, a transaction is always a high-anxiety moment,” says Aditya Vikram, Senior Director of Product at Meesho. “For us, a failed payment is worse than a sold-out item. It’s a big…
Opinions expressed by Entrepreneur contributors are their own. Venture investors are adapting to the times, and are increasingly open to working with Al technologies and investing in both new and emerging sectors such as longevity and wellness, areas of the global economy which have seen over 75% more funding in 2023 and projected to reach $8 trillion by 2030 according to a recent UBS report.Trends are showing that venture investors are also becoming more conscientious in choosing their startups. With Environmental, Social and Governance (ESG) factors rising to importance among investors worldwide, according to an article written by an expert…
Opinions expressed by Entrepreneur contributors are their own. Ten years ago, I was faced with a choice: I could make a small downpayment to buy my first home, or I could follow my dream, invest in myself and start my own business.I bet on myself and chose to follow my dream. And while that dream was anchored in building my own business from the ground up, I also had the seed of an idea to ensure my business would give back to my community and help create a brighter and more positive world.In fact, ever since I was a child…
