On December 4th, 2023, genetic testing company 23andMe confirmed a significant data breach impacting 6.9 million users. The breach, which was first reported by TechCrunch in October 2023, involved hackers gaining access to user data through a combination of credential stuffing and exploiting the "DNA Relatives" feature. The hackers reportedly...

In the aftermath of the largest supply chain disruption in history, Supply Chain leaders are guiding their operations back to “normalcy”. A recent survey by Creo Advisors of Supply Chain and Operations executives (N=130) reveals insights on their current and future supply chain priorities and challenges. The disruption referred to...

In a significant step towards India's transition to a low-carbon economy, Adani Total Gas Ltd (ATGL) has launched a green hydrogen blending pilot project in Ahmedabad, Gujarat. The project, which is expected to be commissioned by the first quarter of FY24-25, will involve blending green hydrogen produced from renewable...

Cradle, a biotech startup based in the Netherlands, has successfully raised $24 million in Series A funding. The funding round was led by Index Ventures, a global venture capital firm that invests in seed-stage and Series A startups from diverse industries and regions. Cradle is a company at the interface...

PhiCommerce, a Pune-based omnichannel payment solutions provider, has secured $10 million in its Series A1 funding round. The funding round was led by BEENEXT, a Singapore-based venture capital firm. PhiCommerce is known for its API-first digital payments platform, PayPhi, which currently powers over 100 million transactions per month. The company plans to...

Foxconn, one of Apple’s major manufacturing partners, has announced plans to invest $1.5 billion in India. This investment is part of Foxconn’s growing expansion plan, following a surge in revenues in the South Asian market. The Taiwanese electronics contract manufacturer, also known for making Apple’s iPhone smartphones, is expanding its...