Honda

Overall, there was a 39 per cent decrease in the number of deals and a 68 per cent decrease in their total values, according to Grant Thornton Bharat's ‘Q3 Deal tracker Report.’

In his address at the JIIF 6th Foundation Day and Investors/Startup Conclave in Hyderabad, IT Rajeev Chandrasekhar highlighted India's remarkable progress in building unicorns and startups

India is currently home to 83 unicorns, 51 gazelles (most likely to go unicorn within three years) and 96 cheetahs (to achieve unicorn status in five years), according to the 'ASK Private Wealth Hurun India Future Unicorn Index 2023' report. It is a ranking of India’s startups founded in the 2000s, worth at least $200 million, not yet listed on a public exchange and most likely to ‘go Unicorn’ in the next five years.

Out of the over 2,500 startups that had raised seed funding between 2015 and 2022, only 29 per cent (i.e., 734 companies) managed to raise a Series A round (typically the first round of institutional Venture Capital funding), the study titled 'Series A Landscape Report' found.

The automaker, in a notice sent to the Pakistan Stock Exchange, said that the decision has been taken as the company's supply chain has been "severely disrupted", Geo News reported. Considering the current economic situation of Pakistan whereby the government resorted to stringent measures including restricting the opening of LCs (letter of credits) for import of CKD (completely knocked-down) kits, raw materials and halting foreign payments.

They are the latest firms in the world's third largest economy to increase wages as prices jump, BBC reported. Official figures published last month showed Japan's rate of inflation was at its highest level in over 40 years. That has put pressure on businesses and authorities to help people as their spending power shrinks, the report said.

According to Nikkei Asia, the new electric vehicles will provide music, and other connectivity features, along with driving performance and safety. The electric cars will then go on sale in Japan in 2026, and then in Europe. In June, Sony and Honda joined hands to establish a new company that will engage in the sale of EVs and provide services for mobility.