🚀 Funding winter over? India’s tech startup ecosystem outshines China, Germany with $11.3 billion raised in 2024 🌎
💰 During H2 2024, the technology sector raised $5.32 billion across 540 rounds marking an 8 percent increase from H2 2023's $4.92
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Muttu Havalagi
Stealth • 8m
Meta (Facebook's parent company) reported strong Q1 2024 results, with revenue up 27% year-over-year to $36.46 billion and net income up 117% to $12.37 billion. However, the company issued a light Q2 revenue forecast and announced higher capital expe
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Ashutosh Mishra
Stealth • 3m
Direct Tax collections for FY 2024-25 as of 17 September, 2024
Net Collections, YOY comparison
Corporate Tax : ₹4.53 lakh crore, up 10.5%
Personal Income Tax : ₹5.15 lakh crore, up 18.8%
STT : ₹26,154 crore, up 96%
Other Taxes : ₹1,812 crore, up
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Aman Khan
Stealth • 7m
AI spending in India is expected to increase to $5 billion with CAGR (compound annual growth rate) of 31.5 per cent between 2023 to 2027. By 2027 AI will be everywhere," Sharath Srinivasamurthy, Associate Vice President, IDC said.
He said that in 202
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Prem Siddhapura
Stealth • 1m
**Tax Revenue Hits Record Highs** 📈
The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰
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Hawk
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Medial • 5m
Was it a Budget of expectations?
The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman introduced changes to the income tax regime, for salaried employees & those opting for the new tax regime.
1. Standard Deduction Increase: T
• Deepinder Goyal enters billionaire club as his holding in Zomato crosses $1 Bn worth !
• Zomato's share price has increased by over 300% since its low in July 2023, leading to the surge in Deepinder Goyal's net worth.
• Goldman Sachs values Blink
→ Nvidia's $3 trillion market cap solidifies its dominance in AI (tutega kese ambuja cement se jo bana hai)
driving growth and innovation across like speed of Ferrari and Porsche the tech industry, while competitors and major customers vie for mark
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Mahendra Lochhab
Stealth • 4m
India is the world's largest manufacturer of two-wheelers, which account for more than 75% of the country's total automotive production. In 2023, the industry was valued at $16.63 billion and is expected to grow at a compound annual growth rate (CAGR