Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
GrowX Mints 17X Returns On Partial Exit From Pixxel
Growx Ventures, a venture capital firm, has realized substantial returns on its early investment in Pixxel, a space-technology startup. The firm reportedly earned 17 times its initial investment through a partial exit from Pixxel. This significant gain underscores the potential of the burgeoning space-tech sector in India and highlights Growx's successful strategy in identifying and backing high-growth potential startups in emerging technology domains. The partial exit allows Growx to realize profits while still potentially benefiting from Pixxel's future growth trajectory.