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Apple’s Groundbreaking iMac Turns 20

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The world’s most innovative company Apple’s first generation iMac computer officially turned 20, today. Apple CEO Tim Cook, remembered the occasion and announced it on Twitter today.

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During the ’90s Apple was going through a really rough phase where it was on the verge of bankruptcy due to a muddled and overpriced lineup of Macs. The company was hundreds of millions of dollars in debt, had a bloated product lineup with over a dozen Macintosh models and seemed clueless. That is when the late co founder and CEO Steve Jobs stepped in and changed the whole scenario. The innovative CEO Steve Jobs was a charismatic visionary personality. Jobs stepped in as the interim CEO to begin a critical restructuring of the company’s product line. The first iMac was brought to light in 1998. The iMac was a huge move from the boring square shaped machines that had been in the market since 1980s. The iMac was Apple’s first production Intel based machine. The revolutionary iMac featured a 15 inch Cathode Ray Tube (CRT) screen, a meager 4GB hard drive. It had a CD ROM drive in a colorful translucent egg shaped housing. It also had a traditional desktop tower tethered to an external monitor. The system had a 233 MHz PowerPC processor which is a 4GB hard drive and sold for $1,299 in the US. The main objective of Apple iMac was to make internet access easy with a colorful and compact interface.

Despite the basic level features, the iMac was responsible for bringing Apple back into the business after years of commercial failures.

Currently, the iMac is in its seventh generation and is virtually outstanding. It comes with Intel Core i5 and i7 processors and the latest highperformance graphics. An Apple spokesperson notes an “iMac today consumes up to 96% less energy in sleep mode than the first generation.” From $1,299 priced original iMac to the present day iMac Pro at $4,999 Apple has taken technology premium to another level.

No wonder Apple is considered to be the king of innovation and technology. Currently, Apple is the most valuable company in the world thanks in huge part to the vision of the company’s late co founder and CEO, Steve Jobs. The lives of so many of us have been irreversibly changed for the better by the innovations of Steve Jobs.

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₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide

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Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.

The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.

This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.

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Peak XV New Funds: $1.3B Commitment for India Startup Surge 2026

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StartupStories

Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.

These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.

For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.

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D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes

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Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.

In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.

Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

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