The Indian gifting market in India, boasts a significant market size of $30 billion. While the digital space contributes $400 million to this total, the majority comes from traditional channels.
More than *1 in every 5 accounts* under the *Pradhan Mantri Jan Dhan Yojana* had turned inoperative by December 2024 which accounts for *21% of Total Jan Dhan accounts🏦🏦*
*Bank of Baroda* has the highest number of inoperative accounts at *29 milli
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Mahendra Lochhab
Content creator • 8m
India is the world's largest producer and consumer of dairy, producing over 221 million metric tons of milk in 2022. Most of the milk comes from buffalo, with cow milk second and goat milk third. In 2018, India produced 22% of the world's total milk
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Havish Gupta
Figuring Out • 3m
OpenAI has booked a 30 second ad at the Super Bowl for $8 million (Forbes).
While that may sound massive, considering the 200 million Super Bowl viewers, the cost per person comes down to just $0.04.
Your thoughts?
CoinSwitch CEO Ashish Singhal announced the “CoinSwitch Cares” program on Tuesday, introducing a ₹600 crore recovery plan for WazirX users affected by the July 2024 cyberattack. The hack impacted over 4.4 million users, causing a total loss of ₹2,000
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Ashutosh Mishra
Chartered Accountant • 9m
Remember Gaana Music app
It has been acquired by the parent company of the Radio Mirchi ie. ENIL for only ₹25 lacs. This came into limelight after ENIL’s filing with NSE.
Gaana raised a total of $200 million was once valued at $580 million.
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Mahendra Lochhab
Content creator • 9m
As of early 2024, India had 751.5 million internet users, which is 52.4% of the country's population and ranks India second in the world for active internet users.
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Mahendra Lochhab
Content creator • 3m
Startup's funding and aquisition news:
• Everstone Capital: Acquired a majority stake in Wingify, a SaaS firm, for $200 million
• Ather Energy: Introduced a multi-language dashboard
• DPIIT: Signed a pact with Apna to boost startup talent
• W