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Jagdish Mitra, the former head of Tech Mahindra India, launched Humanize, a groundbreaking SaaS startup harnessing generative AI and low code/no code (LCNC) technologies. This venture marks Mitra’s bo...

In a strategic move to diversify beyond food delivery, Zomato has announced its acquisition of Paytm’s movie ticketing and events business for ₹2,048 crore in an all-cash deal. This acquisition marks ...

Jewellery retailer Bluestone has successfully closed a significant Rs 900-crore financing round, catapulting its valuation to $970 million (approximately Rs 8,100 crore). This latest round marks a piv...

Titan Capital, the seed-stage investment firm co-founded by Kunal Bahl and Rohit Bansal, has successfully raised Rs 200 crore for its latest initiative, the Titan Capital Winners Fund. This marks the ...

Mumbai-based fintech startup TransBnk has successfully raised $4 million (approximately ₹34 crore) in its latest funding round, marking a significant milestone for the company. The round, spearheaded ...

Mobikwik, the Gurugram-based fintech firm, has reported a remarkable financial turnaround for FY24, posting a net profit of Rs 14 crore. This is a significant rebound from the Rs 80.6 crore loss repor...

Venture capital powerhouse Accel has made a significant move in the consumer retail space by investing $9 million in Uppercase, a new-age luggage maker. This investment nearly doubles Uppercase's valu...

On Wednesday, Volt VC, an emerging micro venture capital firm based in Ahmedabad, made headlines with the official launch of its inaugural fund. Named Volt VC Fund-1, the new initiative is set to sign...

Ankur Capital, a prominent early-stage venture investor specializing in agritech, climate solutions, and deeptech, has successfully garnered new capital commitments from its long-standing partners, Br...

FlexiLoans, a prominent fintech startup specializing in loans for small and medium enterprises (SMEs), has successfully secured INR 75 crore (approximately $9 million) in debt funding from JM Financia...

India’s leading eyewear retailer, Lenskart, is on the hunt for three dynamic entrepreneurs to join the company as Entrepreneurs in Residence (EIR). This new initiative aims to develop the next generat...

On Friday, Texas Instruments (TI) announced a significant boost to its manufacturing capabilities with a $1.6 billion funding award from the U.S. Commerce Department. This investment, part of the US C...

In a recent analysis, Bernstein has set an ambitious target price of Rs 600 per share for Paytm, forecasting that the fintech giant will achieve profitability by the fiscal year 2026-27. However, the ...

Mumbai-based luxury men’s brand Halden has achieved a significant milestone by raising ₹5 crore in a seed funding round, with Prajay Advisors leading the investment. This substantial capital injection...

In a groundbreaking announcement at the Ola Sankalp 2024 event, Bhavish Aggarwal, co-founder and CEO of Ola Cabs, unveiled the ambitious roadmap for Krutrim, the innovative AI startup he founded. Krut...

In a bold move marking a new chapter, Ola, India’s prominent mobility platform, has officially rebranded from Ola Cabs to Ola Consumer. The announcement, made by CEO Bhavish Aggarwal during the compan...

Logistics giant Ecom Express has revealed its plans to raise nearly Rs 2,600 crore through an initial public offering (IPO). The company has filed its draft red herring prospectus (DRHP) with the Secu...

Lightspeed Venture Partners is preparing to lead a significant $150 million funding round for PhysicsWallah, the edtech platform founded by Alakh Pandey. This deal comes at a challenging time for Indi...

BabyOrgano, a prominent name in children’s personal care, has successfully closed its seed funding round, raising Rs 6 crore. This round was led by Sauce Consumer Fund III and saw continued support fr...

Google has announced a major expansion of its AI Overviews in Search feature, rolling it out to six new countries, including India. The update, which will be gradually introduced over the coming weeks...

Hospitality unicorn Oyo has announced a significant expansion with the acquisition of Checkmyguest, a Paris-based platform specializing in managing rental properties, including homestays and luxury ap...

Loginext Solutions, a logistics software-as-a-service (SaaS) startup supported by Tiger Global and Steadview Capital, has entered liquidation, selling its assets to Delaware-based Stellation Inc for j...

Optiemus Infracom, a leading player in the wearables and telecom equipment sector, is set to make a major move in its expansion strategy. The company plans to raise approximately Rs 400 crore through ...

Fractal, a leading AI firm, has launched Vaidya.ai, India's first multimodal medical language model (LLM) designed to assist users with diagnosis, treatment, and medical advice. This groundbreaking AI...

Syfe, a leading investment platform based in Singapore, has successfully raised $27 million in equity funding from a notable group of existing investors. This latest funding round saw participation fr...

Mumbai, India — Aris Infra, a cutting-edge platform for construction material procurement, has submitted a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), a...

Flexiloans, a prominent digital lending platform for small businesses, is in advanced discussions with global and domestic investors to secure approximately ₹300 crore ($35 million) in a new equity ro...

Six Sense Mobility, a pioneering deep-tech smart mobility company, has successfully raised ₹6 crore in a seed funding round led by Piper Serica VC, an angel investment firm based in Mumbai. This lates...

Zepto, the rapidly growing quick-commerce firm, is gearing up for a major funding boost as it seeks to raise an additional $310 million, propelling its valuation to an impressive $5 billion. This mark...

In a bid to secure faster antitrust approval for their monumental $8.5 billion merger, Reliance and Walt Disney are offering to divest several TV channels. However, they are resisting any changes to t...

Fashor, the innovative ethnic wear brand, has just announced a significant boost to its growth ambitions with a $5 million funding round led by early-stage venture capital firm Blume Ventures. This ne...

Vayana, a leading trade finance platform, has successfully raised $20.5 million in a Series D funding round, led by the Sumitomo Mitsui Banking Corporation (SMBC) Asia Rising Fund. This significant in...

In a notable development for the eco-friendly consumer goods sector, Beco, a Mumbai-based home and personal care brand, has successfully raised $10 million in its latest funding round. Led by Tanglin ...

Honasa Consumer, the powerhouse behind the popular beauty and personal care brand Mamaearth, has announced a significant achievement for its hair care segment. BBlunt, acquired in February 2022, has s...

EyeROV, a pioneering developer of underwater drones, has successfully raised Rs 10 crore (approximately $1.2 million) in a funding round led by Unicorn India Ventures. This substantial investment mark...

Electric scooter manufacturer Ather Energy has reached a significant milestone, joining the elite unicorn club following a substantial funding boost. The company has secured Rs 600 crore ($71 million)...

In a major boost for the cross-border payment landscape, Skydo, the innovative startup dedicated to streamlining international transactions, has successfully raised $5 million in its latest equity rou...

4baseCare, a pioneering healthcare startup, has successfully raised $6 million (approximately Rs 50 crore) in a funding round led by Yali Capital. This capital injection will be used to enhance the co...

Metadome.ai, an innovative startup in the extended reality (XR) space, has successfully raised $6.5 million in a recent funding round. The investment was led by Siana Capital and Chiratae Ventures, wi...

Kazam EV Tech, a leader in electric vehicle (EV) charging solutions, has successfully raised $8 million in a recent funding round. The round was led by Vertex Ventures, with participation from existin...

Ritesh Agarwal's Major InvestmentRitesh Agarwal, Founder of OYO, has significantly bolstered the company's finances by investing Rs 830 crore through his Singapore-based entity, Patient Capital. This ...

In a landmark move for India's wealth management industry, Neo Group has successfully raised Rs 400 crore (approximately $47 million) in a fresh equity funding round. This significant investment was s...

Bengaluru-based Infinyte.Club, a pioneering wealth creation and management platform tailored for tech and startup employees, has successfully secured $3.6 million in a funding round led by Elevation C...

Truva, a cutting-edge real estate technology platform, has successfully raised $3 million in a funding round led by Stellaris Venture Partners. The round also saw participation from notable angel inve...

Former YouTube CEO Susan Wojcicki has passed away after a two-year battle with non-small cell lung cancer. Her husband, Dennis Troper, shared the heartbreaking news, prompting an outpouring of tribute...

India and Maldives have taken a significant step in enhancing their bilateral relations by signing an agreement to introduce the Unified Payments Interface (UPI) in the Maldives. The Memorandum of Und...

DevRev, a customer relationship software firm, has secured $100.8 million in a Series A funding round, propelling its valuation to $1.15 billion and marking its entry into the prestigious unicorn club...

Globalstar Inc., the US-based satellite operator providing emergency SOS services for Apple’s iPhones, is set to enter India’s burgeoning satellite communication (satcom) market. The company, which po...

Zoomcar, the leading self-drive car-sharing platform, has taken a significant step in its expansion by launching its first fulfillment centre in Chennai. This marks the beginning of a major growth pha...

In a significant development, Madhya Pradesh Chief Minister Mohan Yadav announced on Thursday that Google Cloud has proposed establishing a startup hub and centre of excellence in the state. This prop...

MovingTech, the innovative company behind the Namma Yatri app, has made a significant move in the transportation sector with the launch of its new zero-commission cab service under the “Yatri” brand i...

Ola Electric, led by Bhavish Aggarwal, has made waves in the stock market today as its shares soared by 18.6% on the BSE, trading at Rs 90.17 in afternoon trade. This sharp rise follows the company's ...

Plotch, a key player in the ONDC (Open Network for Digital Commerce) ecosystem, has achieved a significant milestone, surpassing 10 million cumulative transactions through its network infrastructure. ...

In a recent report by Meesho, the landscape of Indian e-commerce is undergoing a significant transformation. Mass consumers, who generally make lower-priced purchases, now constitute about 80% of the ...

FlexiBees, a dynamic talent curation platform, has successfully raised an undisclosed amount in Pre-Series A funding, led by Inflection Point Ventures. This funding round also saw participation from n...

In a significant boost to the specialty chemical manufacturing sector, Bengaluru-based startup Scimplify has raised an impressive $9.5 million in a Series A funding round. The round was led by Omnivor...

In a significant move to simplify tax payments for millions of Indians, the Reserve Bank of India (RBI) has proposed increasing the Unified Payments Interface (UPI) transaction limit for tax payments ...

As Ola Electric gears up for its highly anticipated listing later this week, founder Bhavish Aggarwal is not just resting on his laurels. Aggarwal is actively invigorating Ola's core ride-hailing busi...

The government-backed ecommerce platform, Open Network for Digital Commerce (ONDC), is broadening its range of services by integrating spiritual offerings through Vama.app. This move will enable users...

Beauty and cosmetics startup Kindlife has secured $8 million (over INR 67 crore) in a Series A funding round co-led by JB-Dooeun TK Fund and MIXI Global Investments. The round also saw participation f...

Medtech startup SigTuple, specializing in AI-powered digital microscopy solutions, has secured Rs 33 crore ($4 million) in an extended Series C funding round led by Sidbi Venture Capital, with partici...

Hyperbots, an innovative startup specializing in AI-driven finance and accounting solutions, has raised $2 million in a seed funding round led by Kalaari Capital. The round also saw participation from...

Fintech startup IppoPay has raised an undisclosed amount from Mithun Sacheti, founder of CaratLane, and Siddhartha Sacheti, CEO of Jaipur Gems. This investment aims to enhance IppoPay’s customer exper...

Bengaluru-based space technology startup EtherealX has raised $5 million in a funding round led by YourNest, an early-stage venture capital firm. This round also saw participation from BIG Global Inve...

Stock-broking platform Punch has successfully raised $7 million in seed funding. The investment round was led by Stellaris Venture Partners, Susquehanna Asia VC, Prime Venture Partners, and Innoven Ca...

FirstCry, the renowned omnichannel kidswear brand operated by Brainbees Solutions, has successfully closed the anchor portion of its highly anticipated initial public offering (IPO). The company has a...

Dating app Juleo, designed to tackle the matchmaking crisis, has successfully raised $2.5 million in a funding round. Prominent investors in this round include Livspace founder Ramakant Sharma, Cred f...

Neobanking innovator Jupiter has recently made headlines with its substantial expansion of its employee stock option plan (ESOP). In a strategic move aimed at bolstering employee engagement and owners...

In a surprising turn of events, SaaS platform Postman, once valued at $5.6 billion (INR 46,925 crore), has recently engaged in secondary deals at a significant 30-40% discount from its peak valuation....

Agritech startup Agrizy has successfully raised $9.8 million (approximately Rs 82 crore) in a funding round co-led by Accion and Omnivore. The round also saw participation from Capria Ventures, Thai W...

India’s space technology sector is on an impressive upward trajectory, receiving $126 million in funding in 2023, a 7% increase from the $118 million raised in 2022, and a remarkable 235% rise from th...

Vernacular social media platform ShareChat has bolstered its financial resources by securing an additional $16 million through convertible debentures, bringing the total size of its recent debt round ...

In a strategic move poised to reshape the landscape of data centre infrastructure services, Black Box, an Essar Group-backed IT systems integrator, has successfully raised Rs 410 crore through a prefe...

New-age logistics giant Delhivery is set to revolutionize the direct-to-consumer (D2C) market with the launch of a network of shared dark stores, or micro warehouses. These facilities are designed to ...

In a significant development for the online two-wheeler marketplace and financing platform, Bike Bazaar has successfully raised a debt of INR 25 Cr (approximately $3 Mn) from financial services compan...

In a significant development for the Indian direct-to-consumer (D2C) sneaker market, Bengaluru-based startup Comet has successfully raised INR 42 Cr (approximately $5 million) in Series A funding. Thi...

Wify, a cutting-edge technology-enabled construction and home improvement platform, has successfully raised Rs 25 crore in a funding round spearheaded by Mount Judi Ventures, with significant particip...

In a significant boost for the Indian startup ecosystem, beauty retailer Purplle has closed a ₹1,000 crore ($120 million) financing round. This round was led by Abu Dhabi's sovereign fund, ADIA, along...

Visual telematics startup Cautio has made headlines by raising ₹6.5 crore in a pre-seed funding round. This significant funding round was led by prominent investors Antler, 8i Ventures, and AU Small F...

US-based artificial intelligence (AI) startup Pivot Robots has successfully raised an undisclosed amount of funding from early-stage venture fund NuVentures. This investment will support the startup's...

Unified Payment Interface (UPI) transactions experienced a slight dip in June 2024, with a 1% decrease in volume and a 2% decrease in value compared to May 2024. According to data shared by the Nation...

In a recent regulatory filing, listed food delivery and quick commerce major Zomato disclosed that it has received a tax demand, along with interest and penalty, amounting to Rs 9.5 crore from the Kar...

In a significant move towards enhancing digital payment solutions, Naspers-backed fintech firm PayU’s credit service, LazyPay, has announced a strategic partnership with quick commerce app Blinkit. Th...

Record Revenue and Profitability Highlight Growth for Urban CompanyGurugram-based home services platform Urban Company has reported a significant achievement in its financial performance for the April...

Strategic Acquisition to Strengthen Nodwin's Global PresenceNodwin Gaming, the esports and events arm of Nazara Technologies, has announced a significant acquisition of the German esports and gaming m...

IPO-Bound Ola Electric Gears Up for Local Battery Cell ProductionOla Electric, on the brink of its initial public offering (IPO), has announced a significant investment of $100 million (approximately ...

Two Brothers Organic Farms, a pioneering agritech startup, has successfully secured Rs 58.2 crore in an equity funding round. The round was led by Nithin Kamath’s Rainmatter Foundation, co-founder of ...

Hyderabad-based Manufacturer Eyes Global Expansion with New InvestmentAutocracy Machinery, a pioneering manufacturer of trenching, turf, and construction machinery, has successfully raised Rs 6 crore ...

London-Based Private Equity Firm Takes Commanding Share in Cloud Kitchen InnovatorIn a significant development for the food tech industry, London-based private equity firm Finnest has acquired a major...

Co-working platform Smartworks has announced a significant fundraising achievement, securing INR 168 crore (USD 20.24 million) from a diverse group of investors. The funding round saw participation fr...

Mumbai-based Aris Infra, a technology-driven construction material procurement platform, is set to raise Rs 600-700 crore through an initial public offering (IPO). The company, founded in February 202...

Morphing Machines, a cutting-edge fabless semiconductor startup, has successfully raised $2.76 million in its seed funding round. This round was led by Speciale Invest, a venture capital firm speciali...

Electric motorcycle manufacturer Matter Motors has successfully raised Rs 82 crore in a recent funding round, attracting investments from prominent global players, including Japan Airlines & TransLink...

Sales consulting firm Novavente has secured $3 million (approximately Rs 25 crore) in a fresh round of equity funding. The investment was led by Mumbai-based investment bank Highbrow Securities. The f...

Chennai-based B2B software-as-a-service (SaaS) startup Rocketlane has secured $24 million (approximately Rs 200 crore) in a funding round co-led by 8VC, Matrix Partners India, and Nexus Venture Partne...

Hyderabad-based direct-to-consumer dairy brand Sid’s Farm has successfully raised $10 million (approximately Rs 83 crore) in a funding round led by Mumbai-based venture fund Omnivore and the family of...

In a major boost to its growth plans, B2B fashion marketplace Zyod has raised $18 million in a mix of equity and debt funding. The funding round was spearheaded by venture firm RTP Global, with debt c...

In a significant development for women-centric financial services, Lxme, a financial platform exclusively for women, has raised $1.2 million in seed funding. The funding round was led by Kalaari Capit...

Cloudphysician, a leading online healthcare and technology solutions provider, has raised $10.5 million (approximately Rs 87.7 crore) in a funding round led by Peak XV Partners. The round also saw par...

In a significant update, Prosus, the largest shareholder in Swiggy, announced robust financial performance for the food and grocery delivery giant for the calendar year 2023. According to Prosus' annu...

Bluestone, the Bengaluru-based omnichannel retailer specializing in jewelry, has successfully raised Rs 100 crore (approximately $12 million) in debt funding from Neo Markets. This marks the third sig...

One 97 Communications (OCL), the parent company of fintech giant Paytm, has announced strategic partnerships with global travel aggregators Skyscanner, Google Flights, and Wego to bolster its presence...

Dutch-listed technology investment firm Prosus has written off its 9.6% stake in beleaguered edtech firm Byju's. In its annual report, Prosus stated that the group decided to write off the fair value ...

Meta, the parent company of Facebook, is expanding its artificial intelligence (AI) horizons by rolling out its AI assistant in India. This strategic move allows users across popular Meta platforms—Fa...

Nagpur, India - In a bold declaration at the 'Meet Rizta' event, Ather Energy cofounder Swapnil Jain asserted that Indian electric two-wheelers surpass their global counterparts in both design and tec...

Bengaluru, India, In a major boost to India's quick commerce sector, Zepto has raised $665 million in a funding round, doubling its valuation to $3.6 billion. This development strengthens Zepto's pos...

Bengaluru-based Amica Finance Pvt Ltd, the NBFC arm of consumer-focused neo-banking startup Jupiter, has secured Rs 20 crore in its first equity funding round. The round was spearheaded by Peak XV Par...

Bengaluru, June 23, 2024 - MeetRecord, a revenue automation startup based in Bengaluru, has successfully raised $2.7 million in a pre-series A funding round. The investment was led by Singapore-based ...

Electric vehicle startup River and battery manufacturer International Battery Company (IBC) are set to make significant investments in Karnataka, as part of a broader initiative to enhance the state's...

Eume, the premium luggage and accessories brand, has successfully raised Rs 15 crore in its latest funding round led by prominent investor Ashish Kacholia. The funds will be instrumental in optimizing...

Sports broadcasting technology startup Quidich Innovation Labs has raised an undisclosed amount in a funding round led by Centre Court Capital, a venture capital firm focused on sports tech and gaming...

Artificial intelligence-powered sales-intelligence startup OrbitShift has successfully raised $7 million in a seed-funding round led by Peak XV Partners' Surge scale-up programme and Stellaris Venture...

Specialty chemicals platform Distil has secured $3.1 million in a seed funding round led by Jungle Ventures and India Quotient, with additional participation from other investors and industry operator...

Mumbai, June 19, 2024** – Ice cream maker Go Zero has successfully raised $1.5 million in funding from existing investors DSG Consumer Partners, Saama Capital, and V3 Investors. This new injection of ...

Supermoney, a digital lending platform focused on providing working capital solutions to small and medium-sized enterprises (SMEs), has successfully raised $3.4 million (INR 28.6 Crores) in a Series A...

Early-stage venture capital firm 8X Ventures has announced the first close of its second India-focused deeptech fund at Rs 200 crore, including an additional Rs 100 crore as a green shoe option. This ...

Bengaluru-based fintech startup POP has successfully raised $2.4 million in a seed funding round led by India Quotient, with participation from prominent angel investors. The startup also announced it...

Mumbai, June 19, 2024 ,TMRW House of Brands, an ecommerce rollup venture owned by the Aditya Birla Group, has announced a significant investment of Rs 125 crore in Wrogn, the men's wear brand co-found...

Genspark, an innovative artificial intelligence search startup founded by former Baidu executives, has successfully raised $60 million in an oversized seed funding round. The funding was led by Singap...

The Pant Project, a fashion brand specializing in custom-made and ready-to-wear pants, has successfully raised $4.25 million in its first funding round. The round was led by Sorin Investments, an earl...

Mumbai, India Health tech startup Alyve Health has announced raising $5.5 million from investors to drive initiatives in platform enhancement, talent acquisition, and operational expansion. This fundi...

Generative artificial intelligence (AI) startup Ayna, specializing in product photography, has successfully raised $1.5 million in a funding round led by Inflexor Ventures. The Bengaluru-based company...

San Francisco-based Maxim AI, a cutting-edge platform dedicated to helping developers evaluate and monitor their artificial intelligence applications, has successfully raised $3 million in a funding r...

Mumbai-based GreyLabs AI, a speech analytics platform designed for financial institutions, has successfully raised $1.5 million in a funding round led by Matrix Partners India. The funding round also ...

California-based early-stage investment firm Z21 Ventures, which supports startups in India and those founded by Indian-origin entrepreneurs in the US, has fully deployed its initial $5 million fund. ...

Prosperr.io, a startup specializing in artificial intelligence-enabled income tax solutions, has announced the successful closure of its $1.55-million pre-seed round. The funding was led by Silicon Va...

Hospitality startup Oyo is on the verge of securing around Rs 1,000 crore ($120 million) in debt funding from the family offices of top Indian corporate executives and stock market experts, according ...

Real money gaming (RMG) firm Games24x7 has reported impressive financial growth for the fiscal year ending March 2023. The company's operating revenue surged by over 70% to reach Rs 1,988 crore, compa...

In a significant move to drive innovation in the textiles sector, the Centre has approved grants of ₹50 lakh each for seven startups under the National Technical Textiles Mission (NTTM). This initiati...

Amazon has announced a significant investment of $230 million in the form of Amazon Web Services (AWS) credits to support artificial intelligence (AI) startups. This initiative is part of a broader st...

South Park Commons (SPC), a renowned community of founders and engineers that operates an early-stage venture fund, has launched its first international outpost in Bengaluru. This marks SPC's expansio...

Mumbai, June 15, 2024 — New-age beauty brand Renee Cosmetics has successfully raised Rs 100 crore in its Series B funding round, led by existing investors Evolvence India and Edelweiss Group. This lat...

In a strategic move poised to reshape India's wealth management landscape, 360 One WAM, the nation’s largest wealth manager focused on ultra-high-net-worth individuals, has announced the acquisition o...

Bengaluru, June 12, 2024 — In a significant development for the neobanking sector, Tiger Global and Peak XV Partners-backed startup Jupiter has obtained a prepaid payments instrument (PPI) licence fro...

Gurugram, India - Drone delivery leader Skye Air has soared to new heights with a successful $4 million funding round. This investment, led by Mount Judi Ventures alongside prominent names like Chirat...

Bengaluru, Karnataka - Insurtech startup Finsall has secured Rs 15 crore in a bridge funding round, led by Unicorn India Ventures and SEA Fund. This fresh injection of capital will propel Finsall's mi...

Direct-to-consumer (D2C) skincare firm Foxtale has successfully raised $18 million (Rs 150 crore) in a funding round led by Singapore-based Panthera Growth Partners. This round also saw participation ...

Mumbai-based beauty retailer Purplle has successfully raised $100 million in a funding round led by Abu Dhabi’s sovereign fund ADIA, valuing the company at approximately $1.2-1.3 billion. This marks a...

Battery-swapping services provider Battery Smart has secured $65 million (Rs 543 crore) in a funding round led by South African private equity firm LeapFrog Investments, achieving a valuation of $340 ...

Ola Electric has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO), marking a significant milestone as the first electric vehicle (EV) star...

Gurgaon-based food delivery giant Zomato has injected fresh capital of Rs 300 crore into its quick commerce business Blinkit, according to a recent regulatory filing with the Registrar of Companies (R...

Clean Motion, a Swedish electric vehicle (EV) maker, has announced that its Indian subsidiary has secured $1 million in seed funding from India Accelerator-backed micro venture capital (VC) firm Finvo...

New Delhi, June 10, 2024 – Union Minister Ashwini Vaishnaw on Tuesday reaffirmed the Indian government's commitment to advancing its tech-driven agenda, focusing on cementing India's leadership in sem...

Bollywood actor Deepika Padukone's direct-to-consumer (D2C) personal care startup, 82°E, is set to raise Rs 50 crore (approximately $6 million) from both new and existing investors. According to a reg...

Chennai-based workflow automation software provider Kissflow has announced a significant organizational restructuring, resulting in the layoff of approximately 45 employees, representing 11% of its wo...

Arthan Finance, a non-banking financial company (NBFC) specializing in loans for self-employed nano and micro entrepreneurs, has successfully raised Rs 50 crore in Series B funding. This funding round...

Le Travenues Technology, the parent company of online travel platform Ixigo, witnessed an overwhelming response to its initial public offering (IPO) from retail subscribers, with oversubscriptions rea...

In a recent development, One97 Communications, the owner of the Paytm brand, has initiated layoffs affecting an undisclosed number of employees. The company is offering outplacement support to ensure ...

Ahmedabad-based new-age ice cream brand Hocco has successfully raised Rs 100 crore ($12 million) in a funding round led by its promoter group, the Chona family, and existing investor Sauce VC. The rou...

In a strategic move to consolidate its position in the burgeoning electric vehicle market, two-wheeler giant Hero MotoCorp has invested Rs 124 crore into Ather Energy. This investment has increased He...

In a significant development, Dutch-listed technology investment firm Prosus' nearly 10% stake in Indian edtech giant Byju's has been deemed worthless by HSBC. This assessment reflects the deepening c...

Digital marketing technology platform Maino.ai announced on Thursday that it has successfully raised $1.8 million (about Rs 15 crore) in a funding round led by India Quotient Advisers LLP. The investm...

Nvidia's stock price has more than doubled this year, following a spectacular tripling in 2023, positioning it as the third most valuable company in the S&P 500. On Wednesday, Nvidia's stock rose agai...

BIGGUYS, India's fastest-growing homegrown chicken QSR chain, has secured a significant investment of $2 million (over Rs. 16.62 crore). This investment, a mix of equity and other instruments, comes e...

Fibe, a Pune-based consumer lending platform previously known as EarlySalary, has secured $90 million in a fresh round of funding. This achievement comes amidst a tough market for fintech startups off...

Absolute Sports, a subsidiary of Nazara Technologies, a prominent media and gaming company listed on the stock exchange, has announced the acquisition of SoapCentral.com for $1.4 million (approximatel...

Online travel aggregator ixigo's parent company, Le Travenues Technology, is set to launch its initial public offering (IPO) next week. Here's a breakdown of the key details and strategic implications...

Tech giant Cisco has announced a significant move in the field of Artificial Intelligence (AI) by launching a dedicated $1 billion investment fund. This strategic initiative positions Cisco as a major...

InsuranceDekho, a leading insurance marketplace, is poised to acquire a majority stake in BankSathi, a credit card and personal loan distributor. This strategic move signifies InsuranceDekho's expansi...

Noida-based digital astrology consulting platform, Astrotalk, has successfully raised $9.4 million in an ongoing funding round. This infusion comes from existing investor Left Lane Capital and new inv...

The Indian government is considering a dedicated policy for deep tech startups in the upcoming budget, aiming to fuel innovation and economic growth. Here's a breakdown of the key points:Policy Propos...

PB Fintech, the parent company of PolicyBazaar and Paisabazaar, has made a significant move by allotting 4,830,740 new shares under its Employee Stock Option Plan (ESOP). This development was official...

In a significant milestone underscoring its rapid growth and market presence, dairy brand Country Delight has successfully raised Rs 76 crore ($9 million) through a strategic combination of debt and e...

Oxyzo Financial Services, the B2B lending arm of the unicorn OfBusiness, has emerged as a significant player in its own right. Here's a breakdown of key financials and strategic insights:Financial Per...

Infra.Market, a leading construction materials provider, has announced a successful funding round for its subsidiary RDC Concrete. Here's a breakdown of the key details and strategic implications:RDC ...

The Adani Group's superapp, Adani One, has achieved initial success in its first year of operation. Here's a breakdown of key points and future plans:Growth and User Base:GMV (Gross Merchandise Value)...

Reliance Retail Ventures Limited (RRVL), India's retail giant, is dipping its toes into the government-backed Open Network for Digital Commerce (ONDC) through a pilot program. This move signifies a po...

Bengaluru-headquartered Techno Sportswear has secured $25 million (about Rs 208 crore) from investment fund A91 Partners, marking its first fundraising round. The company, known for its Technosport br...

Avendus, a prominent Indian financial services firm, has launched its third Future Leaders Fund (FLF) with a target corpus of $350 million (INR 3,000 Cr). This fund aims to invest in high-growth, late...

Ride-hailing giant Ola is making a significant shift by migrating its IT workload from cloud giants Amazon Web Services (AWS) and Microsoft Azure to its own cloud platform, Krutrim. However, experts b...

Vegapay, a business-to-business (B2B)-focused fintech startup, has successfully raised $5.5 million in an equity funding round led by Elevation Capital, with existing investor Eximius Ventures also pa...

Razorpay, a leading digital payments company in India, has launched a revolutionary new service called Q-Zap. This innovative solution aims to transform the way offline payments are processed, enhanci...

Omnichannel jewellery retailer Bluestone is soaring towards a major milestone. They are in talks to raise a staggering $100 million in a pre-IPO round, potentially valuing the company over $1 billion ...

Cloover, a rising star in the German climate tech scene, has secured a significant $114 million in seed funding. This investment, led by Lowercarbon Capital, empowers smaller renewable energy installe...

Bengaluru-based commercial electric vehicle (EV) distribution and financing startup, Turno, has successfully raised $6 million from both new and existing investors. This funding round comes after a 15...

Zypp Electric, a leading electric vehicle (EV) fleet management company in India, has secured $15 million in fresh funding led by Japanese energy giant Eneos Corporation. This investment fuels Zypp's ...

The Competition Commission of India (CCI) has extended the deadline for submitting bids to conduct a market study on the impact of Artificial Intelligence (AI) on competition. This move signifies the ...

Consumer-focused venture capital firm Sauce VC is raising its game with a new Rs 250 crore fund, targeting early-stage consumer brands in India. This marks their third fund and signifies their growing...

IIT Madras, a premier Indian institute of technology, is making a significant stride in bridging the gap between technology and sports. They are launching India's first-ever sports tech incubator to n...

Nazara Technologies, a leading Indian gaming and esports company, reported a significant decline in profitability for the fourth quarter of FY24 (January-March 2024). Here's a breakdown of the key poi...

Urban Company, the leading at-home services platform in India, announced its largest employee stock ownership plan (Esop) secondary sale program worth Rs 203 crore (around $25 million). This move high...

NoPo Nanotechnologies, a Bengaluru-based company, is making waves in the nanotechnology space with its development of single-walled carbon nanotubes (SWCNTs). This advanced material has the potential ...

Sachin Bansal's Navi Finserv has raised Rs 150 crore through non-convertible debentures (NCDs) from individual investors. This development comes amidst Navi's previous attempts at securing larger fund...

Finvolve, a Mumbai-based angel investment firm, has successfully closed its first two funds, reaching a total corpus of Rs 100 crore. This marks a significant development in India's angel investment l...

Think & Learn Pvt, the parent company of Indian education technology giant Byju's, is embroiled in a legal battle concerning $533 million in missing funds. A US judge has imposed financial penalties o...

Delhivery's Q4 FY24 results were a mixed bag, causing their stock price to dip significantly. Here's a breakdown of the key points:Financials:Loss Narrowed YoY: Delhivery reported a net loss of ₹96.2 ...

Caret Capital, a venture capital firm focused on sustainability, has announced the launch of Caret360 Accelerator. This program aims to empower early-stage startups with the resources and guidance the...

IVY Growth Associates, a leading micro venture capital firm, is branching out with the launch of Arigato Capital. This new fund signifies IVY's commitment to nurturing innovation across diverse sector...

Upstox, the Ratan Tata-backed fintech platform, is expanding its reach beyond stocks and mutual funds. The company has announced a strategic partnership with HDFC Life, a leading insurance provider, t...

Flipkart, a leading Indian e-commerce platform, has launched Flipkart IRIS (Insights and Research Intelligence System). This innovative platform aims to revolutionize how brands understand and engage ...

The Indian government is taking a stricter stance on the alleged misuse of subsidies under the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) scheme. Here's a quick breakdow...

New-age men's fashion brand Rare Rabbit is making waves in the industry with its impressive growth and strategic funding round. The Bengaluru-based company is poised to become a major player in the pr...

Anantha Nageswaran, Chief Economic Advisor to the Finance Ministry, has emphasized the critical need for India to prepare its youth for the transformative power of Artificial Intelligence (AI). Here's...

Calls for increased government support for Indian startups have emerged amidst concerns about a funding slowdown in the ecosystem. Here's a breakdown of the key points raised by industry leaders:Need ...

Go Digit General Insurance, a Bengaluru-based insurtech startup, has witnessed a strong showing in its initial public offering (IPO). Here's a breakdown of the key details and investor interest:Subscr...

Delhivery, a leading Indian logistics company, has made significant announcements regarding employee incentives, a new business venture, and financial results. Here's a breakdown of the key developmen...

SoftBank-backed hospitality tech giant OYO is gearing up for a renewed push towards its initial public offering (IPO). Here's a breakdown of the key developments:IPO Relaunch and Refinancing:OYO is re...

Ola Cabs, India's leading ride-hailing platform, is undergoing a leadership shakeup and strategic shift. Here's a breakdown of the key developments:CFO Departure and Restructuring:Kartik Gupta, Ola Ca...

Indian startup funding trends show contrasting patterns in different stages, according to data from Tracxn. Here's a breakdown of the key findings and expert insights:Late-Stage Funding Surge:Late-sta...

Infurnia, a Bengaluru-based design software startup, has secured fresh funding to fuel its growth ambitions. Here's a breakdown of the key details and industry context:Funding Details:Infurnia raised ...

SoftBank, the Japanese investment giant, is setting its sights on India's growing potential in artificial intelligence (AI). Here's a breakdown of their investment strategy and target sectors:Focus on...

E-commerce giant Flipkart is considering a move that could significantly impact the Indian startup landscape: returning its domicile to India. Here's a breakdown of the key factors and potential impli...

The Indian government is taking a significant step towards simplifying access to its digital services by creating a unified portal for Digital Public Goods (DPGs). Here's a breakdown of the key aspect...

Zomato, the leading Indian food delivery platform, announced a change in its subsidiaries' audit process. Here's a breakdown of the key details:Auditor Resignation:Batliboi & Associates, the current s...

In a significant move, the Ola Group, encompassing ride-hailing giant Ola Cabs and electric vehicle (EV) manufacturer Ola Electric, is severing ties with Microsoft Azure cloud services. Here's a break...

India has taken a significant step towards making AI technology more accessible with the launch of Hanooman, a "largest multilingual and affordable GenAI platform." Here's a breakdown of the key featu...

The Indian retail landscape is witnessing a significant shift, with direct-to-consumer (D2C) brands exploring strategic expansion beyond their online roots. Here's a breakdown of the key trends:Domina...

Paytm, the leading Indian fintech company, is facing challenges in its lending business. Here's a breakdown of the key issues:Loan Guarantee Invocation: Aditya Birla Finance (ABFL), a key Paytm lendin...

Shiprocket, a leading e-commerce enablement startup, is embarking on a strategic expansion beyond its core shipping services. This move aims to capture a larger share of the online seller value chain ...

Elon Musk's artificial intelligence (AI) venture, X.AI Corp., is reportedly on the verge of closing a significant funding round. Here's a breakdown of the key details:Potential Valuation:X.AI is poise...

In today's experience-driven economy, customer experience (CX) is a key differentiator for businesses. Adobe is at the forefront of innovation with Adobe Sensei GenAI, a new generative AI technology d...

A momentous occasion for India's technological independence is on the horizon. Mindgrove Technologies, an IIT-Madras incubated startup, has successfully developed and received its first indigenously d...

QUE, a rising star in the eyewear industry, has announced a strategic collaboration with renowned Indian cricketer Shikhar Dhawan. This partnership marks a significant moment for QUE as they prepare f...

Superplum, a leading agritech startup focused on premium fresh fruits, has secured a significant investment of $15 million in its Series A funding round. This capital injection will fuel the company'...

Shares of One 97 Communications Ltd. (Paytm), the company behind the popular fintech platform, opened lower on Monday following the news of Chief Operating Officer (COO) and President Bhavesh Gupta's ...

Zaggle Prepaid Ocean Services Ltd. (ZPOSL), a B2B SaaS fintech company, recently witnessed a block deal involving 22.27 lakh shares (1.8% of equity) worth over ₹67.3 crore. While the specific buyers a...

Sridhar Vembu, the visionary CEO of Zoho Corporation, a leading provider of cloud-based software solutions, recently sparked a conversation on social media regarding the advantages of remaining a priv...

Ankush Barjata's story is an inspiring tale of perseverance and entrepreneurial spirit. This young man from a small village in Himachal Pradesh has carved a niche for himself in the online saree indus...

Good Capital, a prominent venture capital firm based in Mauritius, has announced a strategic investment plan focusing on Indian Artificial Intelligence (AI) startups. This initiative aims to inject $2...

Tata Technologies (Tata Tech), a leading engineering solutions company, reported a decline in net profit for the January-March quarter of FY24. Here's a breakdown of the key financial highlights:Profi...

Plotline, a rising enterprise tech startup, has secured $2.6 million in seed funding from prominent venture capital firm Elevation Capital. This investment fuels Plotline's mission to revolutionize us...

Innovaccer, a leading healthtech unicorn, is reportedly engaged in negotiations with Kaiser Permanente, a major US health insurance and healthcare provider. These discussions center around a potential...

Wipro Limited, a leading global information technology services company, has secured a significant multi-million dollar deal with Nokia to revolutionize the telecommunications giant's employee service...

Dexif, a fintech startup led by former Blinkit executive Deepank Bhandari, has secured $4 million in seed funding from existing investor RTP Global. This fresh capital injection will fuel Dexif's miss...

Bengaluru-based startup Kogo AI is poised to revolutionize the artificial intelligence (AI) landscape with the launch of its highly anticipated platform, Kogo OS. This innovative solution leverages la...

Fintech unicorn Groww has secured a significant milestone with the Reserve Bank of India (RBI) granting its bill payments platform, Groww Pay Services, a payment aggregator (PA) license. This authoriz...

BluSmart, a ride-hailing service focusing exclusively on electric vehicles (EVs), is revving its engine for growth. The company recently announced a significant increase in revenue, solidifying its po...

PharmEasy, India's leading online pharmacy platform, has raised INR 1,804 crore ($216.2 million) in a down round of funding. This development comes just over a month after the Competition Commission o...

Assert AI, a leading enterprise technology startup specializing in computer vision solutions, has successfully secured $4 million in Series A funding. This investment round was co-led by prominent fig...

In a move designed to strengthen India's burgeoning startup ecosystem, the Confederation of Indian Industry (CII) has launched a comprehensive Corporate Governance Charter for Startups. This initiativ...

Yes Bank, a leading Indian private sector bank, is experiencing a significant boost in its Unified Payments Interface (UPI) transactions following its collaboration with fintech giant Paytm. This stra...

Wibmo, a leading online payments processor owned by PayU, is making significant strides in the digital payments landscape. As per a recent report by ET, Wibmo is actively developing a comprehensive pa...

Capria Ventures, a leading early-stage investment firm, has successfully concluded fundraising for its India Opportunity Fund, securing a total of Rs 153 crore (approximately $19 million). This achiev...

Swiggy, the leading Indian food and grocery delivery platform based in Bengaluru, has received a crucial green light from its shareholders for a much-anticipated initial public offering (IPO). This mo...

The Open Network for Digital Commerce (ONDC), a government-backed initiative aiming to democratize e-commerce in India, is exploring new avenues for growth. According to a report by Moneycontrol, ONDC...

KARBAN Envirotech, a rising star in the energy-efficient appliance sector, has successfully secured $1.07 million (INR 8.93 crore) in a seed funding round. This investment, co-led by prominent venture...

PhonePe, the leading player in India's Unified Payments Interface (UPI) market, is making significant strides towards becoming a comprehensive financial services platform. According to a report by The...

Allen Career Institute, a leading name in exam coaching, has encountered difficulties with its postgraduate medical test preparation wing, Allen NExT. The institute reportedly laid off 60-70 employees...

Venture capital (VC) investment in India displayed remarkable resilience in the first quarter (Q1) of 2024, according to a new report by KPMG Private Enterprise Venture Pulse. This stands in stark con...

Honasa Consumer, the powerhouse behind the popular beauty brand Mamaearth, has announced a significant milestone for its subsidiary, The Derma Co. This active ingredient-focused skincare brand has ach...

Dhruva Space, a prominent player in India's spacetech sector, has successfully secured $9.4 million (Rs 78 crore) in funding. This latest round, comprising a mix of equity and debt, will significantly...

Digantara, a pioneering spacetech startup focused on space situational awareness (SSA), recently inaugurated its global headquarters in Bengaluru, India. This state-of-the-art facility marks a signifi...

Zomato, the leading Indian food delivery company, has been hit with another tax demand. This time, the company faces a demand and penalty order totalling Rs 11.82 crore related to Goods and Services T...

In a move that has many foodies salivating, popular quick-service momo chain Wow! Momo has secured an additional $9 million in funding, extending their Series D round. This latest investment comes fro...

Lucknow, Uttar Pradesh, India - FincFriends, the NBFC arm of digital lending platform RupeeRedee, has secured $7.8 million in a strategic funding round. This mixed debt and equity round was led by InC...

Clientell, a Bengaluru-based AI startup, has secured $2.5 million in seed funding to revolutionize revenue operations for businesses. This round, led by Blume Ventures, highlights the growing interest...

Byju's, the embattled edtech giant, faces another leadership shakeup with the sudden resignation of Arjun Mohan, CEO of Byju's India. This development comes amidst ongoing financial struggles and inte...

The Indian electric vehicle (EV) industry is at a crossroads, with a key player calling for a shift away from reliance on government subsidies. This article explores the evolving landscape of electric...

Zetwerk, a leading unicorn in the manufacturing sector, has announced a major ₹1,000 crore investment to solidify its position in India's burgeoning electronics manufacturing industry. This strategic ...

Social media giant Meta is testing the waters of generative AI with a pilot program in India. Their "Meta AI" chatbot, powered by the LLaMA large language model, is currently being offered to a limite...

Amidst ongoing turmoil at his previous venture BharatPe, Ashneer Grover, in collaboration with Aseem Ghavri, is set to embark on a new journey in the fintech sector with the launch of ZeroPe. This mar...

Dehaat, a prominent B2B agritech platform, has entered the consumer packaged goods (CPG) market with its new brand "Honest Farms." This move reflects a growing trend among venture capital-backed agrit...

Ride-hailing platform Namma Yatri is making a strategic move in Bengaluru, its largest market, by launching cab services alongside their existing auto-rickshaw offerings. This expansion disrupts the r...

Reliance Retail's Tira Beauty, a leading player in the Indian online beauty space, has announced its expansion with the launch of its first in-house brand, "Tira Tools." This strategic move caters to ...

AutoNxt Automation, a Mumbai-based startup pioneering electric and self-driving tractors, has secured $3 million (around INR 24 Cr) in a Pre-Series A funding round. This significant investment paves t...

Postman, the leading API collaboration platform, has announced the acquisition of Orbit, a community management tool used by software developers. This strategic move strengthens Postman's position by ...

The National Investment and Infrastructure Fund (NIIF) has announced a significant investment of $200 million (around Rs 1,660 crore) in Ibus Network and Infrastructure, a leading player in the digita...

Flipkart Internet, the online marketplace arm of Walmart-backed Flipkart, has secured an additional $170 million (INR 1,421 Cr) in funding from its Singapore-based parent entity. This marks the second...

Cornerstone Ventures, a leading venture capital (VC) firm focused on B2B (business-to-business) enterprise technology investments in India, has announced the launch of its second fund. This new fund b...

Synapses, a new venture capital firm co-founded by IIT alumni Ruchira Shukla and Karthik Chandrasekar, has entered the scene with a focus on climate tech and health tech startups. This $125 million (a...

Sprinto, a leading risk and compliance automation platform, has secured $20 million in an equity funding round led by Accel. This fresh infusion of capital will empower Sprinto to accelerate its growt...

Ride-hailing giants Ola and Uber are making a strategic shift in India, adopting a subscription-based model for auto-rickshaw drivers. This move mirrors the approach of competitors like Namma Yatri an...

Popular Bollywood actress Neha Dhupia has joined the growing list of celebrities venturing into the investment world. Dhupia has acquired an equity stake in BlackCarrot, a direct-to-consumer (D2C) din...

Adani TotalEnergies E-Mobility Limited (ATEL) and MG Motor India have signed a significant agreement to accelerate the development of electric vehicle (EV) charging infrastructure in India. This colla...

Indian deeptech startup Planys Technologies has secured INR 43 Crore (approximately $5 million) in funding to accelerate its mission of revolutionizing infrastructure inspections. This investment will...

Info Edge, a prominent player in India's online services sector, witnessed a remarkable surge in its stock value, reaching a 52-week high of INR 6,234.95 during intraday trading on the Bombay Stock Ex...

Flipkart, the leading e-commerce giant in India, has expanded its travel offerings with the launch of bus booking services on its app. This move marks a significant step for Flipkart as it strives to ...

Byju's-owned Aakash Institute has recently announced the appointment of Deepak Mehrotra as its Managing Director and Chief Executive Officer. With over 35 years of extensive experience in various exec...

Filter Capital, a Mumbai-based investment firm, has successfully closed its first fund, Filter Capital India Fund I, at ₹800 crore (approximately $100 million). This marks a significant milestone for ...

The National Company Law Appellate Tribunal (NCLAT) has issued a reprieve for Dream11, India's leading fantasy sports platform. The tribunal has directed the interim resolution professional (IRP) to m...

E-commerce giant Amazon has taken a significant step towards capturing a larger share of the Indian market with the launch of its new vertical, "Amazon Bazaar." This initiative marks Amazon's foray in...

Ather Energy, a leading electric scooter (EV) manufacturer, has set its sights on the family market with the launch of its new Rizta range. Unveiled on Saturday, the Rizta series aims to redefine elec...

One97 Communications, the parent company of digital payments giant Paytm, announced a grant of stock options and equity shares to its employees on Friday. This move aims to incentivize and reward empl...

The battle to attract electric vehicle (EV) giant Tesla to India intensifies as the Telangana government throws its hat in the ring. Industries Minister D Sridhar Babu recently announced ongoing discu...

Electric vehicle (EV) giant Tesla is accelerating its foray into the Indian market. According to Reuters, Tesla has reportedly begun producing right-hand drive (RHD) cars at its factory in Germany, sp...

Bengaluru, Nivara Home Finance, a leading player in affordable housing finance, has secured $10 million (INR 82.4 crore) in a funding round led by Baring Private Equity India. This fresh infusion of ...

Mumbai, April 3, 2024 – A new venture capital fund dedicated to fostering innovation in the Indian sports and gaming industry has arrived. Mumbai-based Centre Court Capital (CCC) has unveiled its maid...

Mumbai, April 3, 2024 – In a significant move within the Indian fintech space, Kunal Kashyap, the former Head of Risk at Cred, has departed to join rival firm Slice. This news comes as Slice prepares ...

Bengaluru, Silicon Valley venture capital giant Tribe Capital is making a strategic move to solidify its presence in the booming Indian startup ecosystem. The firm, known for its investments in innov...

Cambridge, England, April 3, 2024 – Legal technology leader Luminance has announced securing $40 million in a Series B funding round. This investment, led by Santa Monica venture firm March Capital, w...

New Delhi, April 3, 2024 – Zomato, India's leading food delivery platform, has been hit with a significant tax demand from the Indian government. The company received a service tax demand and penalty ...

In a significant move towards bolstering cloud security solutions, Arch0, a burgeoning startup, has successfully raised $1.25 million in a pre-seed funding round spearheaded by the esteemed early-stag...

Fresh-pressed juice company The Fresh Press has secured an undisclosed amount of equity funding from Gruhas Collective Consumer Fund (GCCF) led by investor Nikhil Kamath. This investment will fuel the...

Scrut Automation, a leading governance, risk, and compliance (GRC) platform provider, has secured $10 million in fresh funding from its existing investors. This investment empowers Scrut to enhance it...

Indian travel and lifestyle startup Assembly has successfully secured $2.1 million (INR 17.4 Cr) in a funding round. This investment, led by Prath Ventures, will fuel Assembly's growth plans and solid...

Ola Electric, a leading Indian electric scooter manufacturer, continues its impressive growth trajectory, achieving several milestones in recent months.Record-Breaking Registrations: Ola Electric witn...

Leading cybersecurity companies CrowdStrike and Rubrik have announced a strategic partnership aimed at revolutionizing data security. This collaboration focuses on empowering organizations to effectiv...

Finance Minister Nirmala Sitharaman addressed the launch of Swiggy's "She the Change" initiative, emphasizing the increasing participation of women in Indian businesses. Here are the key takeaways:Wom...

India is taking a significant stride towards a greener future with the launch of the INR 500 Crore Electric Mobility Promotion Scheme 2024 (EMPS 2024). This new scheme, effective from April 1st, 2024,...

Food delivery giant Zomato finds itself entangled in another tax dispute. The company recently received a demand notice of Rs 23 crore from the Karnataka commercial taxes authority for availing excess...

Noida-based edtech startup Aviotron Aerospace has defied the current funding slowdown in the Indian edtech sector by securing INR 4.96 crore ($600K) in a Pre-Series A round. This investment, led by So...

The Government e Marketplace (GeM), India's online platform for public procurement, has achieved remarkable success, doubling its Gross Merchandise Value (GMV) to a staggering ₹4 lakh crore in FY23-24...

In a recent development, Union Commerce Minister Piyush Goyal addressed concerns regarding Indian startups contemplating reverse flipping, emphasizing the tax implications associated with such moves.A...

Bounce, the Bengaluru-based electric two-wheeler manufacturer, reported a positive step towards profitability in its latest financial results. The company's net loss for the financial year 2022-23 (FY...

Chennai, India: Veranda Learning, a prominent education company headquartered in Chennai, has secured Rs 425 crore in debt funding through non-convertible debentures (NCDs) issued to BPEA Credit, an a...

Bengaluru, India: Non-banking lender Ambit Finvest has secured Rs 690 crore in fresh funding to fuel its expansion plans in the micro, small, and medium enterprise (MSME) loan segment.Investment Led b...

Bengaluru, India: SydeLabs, a recently launched AI security and risk management startup, has secured $2.5 million in seed funding. This round was led by venture capital firm RTP Global, with participa...

Bengaluru, India: BYJU'S-owned Aakash Institute appears to be taking a new direction in its leadership. Recent reports suggest that Aakash Chaudhry, co-founder of Aakash, will not be returning as CEO....

Bengaluru, India: Flipspaces, a leading interior design-tech venture, has reached a significant milestone by achieving profitability at an overall EBITDA level. This accomplishment marks a major step ...

Bengaluru, India: Car-sharing platform Zoomcar is revamping its strategy to address a key challenge: attracting more car owners to list their vehicles on the platform. This move comes amidst the compa...

Mumbai, India: Venture debt firm Alteria Capital has successfully closed its third fund at Rs 1,550 crore (approximately $195 million). This new fund aims to provide financial solutions for growth-sta...

Bengaluru, India: Social media platform ShareChat has secured $48.8 million in fresh capital through convertible debentures issued to existing investors. This debt financing round comes amidst the com...

Cloud computing has emerged as a transformative technology, revolutionizing the way businesses operate and innovate. India, with its rapidly growing tech industry and tech-savvy population, has become...

Bengaluru, India: Unicommerce, a leading SaaS platform for e-commerce enablement, has announced the launch of UniGPT, its generative AI platform designed to assist businesses in navigating the complex...

Bengaluru, India: Early-stage venture capital firm Chiratae Ventures has reportedly sold stakes in some of its portfolio companies to private equity firm Madison India Capital for $70 million in a sec...

In a significant leadership transition, Microsoft Corporation has appointed Pavan Davuluri to head its Windows and Surface divisions. This article explores the implications of Davuluri's appointment a...

Bengaluru, India – SuperK, a pioneering tech-enabled grocery retail chain for small towns in India, has secured $6 million (INR 50 Cr) in a Series A funding round. This crucial investment, led by prom...

Mumbai, India – Infibeam Avenues, a leading Indian fintech company, is set to see increased investor focus today (March 27th) due to its UAE-based subsidiary, Avenues World FZ-LLC, seeking $25 millio...

Bengaluru, India – SaaS-based cybersecurity firm TAC Security, backed by prominent investor Vijay Kedia, is inching closer to its initial public offering (IPO) after garnering INR 8.55 crore through...

Mumbai, India – In a significant development for India's online pharmacy giant PharmEasy, the Competition Commission of India (CCI) has approved a proposal for investment from the family office of Ma...

The landscape of online payments in India is witnessing a surge in activity with several prominent players receiving the coveted payment aggregator (PA) license from the Reserve Bank of India (RBI). T...

Bengaluru, Aeria, a rising star in the coworking space, has secured $1.8 million in a funding round led by prominent venture capital firm Kalaari Capital. Foundamental, AC Ventures, and AL Trust, alo...

Silicon Valley veterans Ruchi Sanghvi and Aditya Agarwal, known for their impressive careers at Facebook and Dropbox respectively, are shaking things up in the world of early-stage tech ventures. Thei...

Mumbai's burgeoning technology scene is poised for a significant leap forward with the Tech Entrepreneurs Association of Mumbai (TEAM) taking center stage. This recently formed collective of leading t...

The spectacular collapse of FTX, a once-dominant cryptocurrency exchange, continues to send ripples through the financial world. This article delves into the ongoing bankruptcy proceedings, the recent...

The Indian online gaming industry is experiencing a period of significant growth, with a market value estimated at $3 billion. However, the lack of clear regulations has created challenges for both bu...

AI has solved and shortened the developers time and cost by 20-40% , which is a big win for developers and engineers but it sometimes says to hit an axe in own foot but this is where comes the evoluti...

The Reserve Bank of India's (RBI) green light for an interoperable payment system for net banking marks a significant leap in India's digital payments journey. This groundbreaking initiative, spearhea...

Test prep startup Physics Wallah is set to expand its offline presence aggressively, aiming to open as many centers as possible in the fiscal year 2025 despite potential profit erosion, according to f...

India's once-booming startup scene is facing a harsh reality check. After a record year in 2021, funding has plummeted in 2024, raising concerns about the future of this critical economic driver.A Slo...

The Indian Premier League (IPL) 2024 kicked off with a bang, not just on the field but also online. Reliance-backed JioCinema, the official streaming platform for the tournament, witnessed a record-br...

E-commerce giant Myntra has secured a major win, bagging the franchise rights for NEXT, the UK's leading fashion brand. This strategic partnership marks a significant expansion for NEXT in Asia and un...

Maruti Suzuki India, India's leading car manufacturer, is making a strategic move towards the future by acquiring a 6.44% stake in Amlgo Labs, an artificial intelligence (AI) and machine learning (ML)...

Mumbai's homegrown coffee brand, Subko Coffee Roasters, has secured a piping hot $10 million (INR 85.10 Cr) in Series B funding, signaling a strong brew for the company's future. This funding round co...

Byju's, India's leading edtech company, has been embroiled in a whirlwind of controversies lately. Here's a breakdown of the key developments:Center Closures: Restructuring or Shutdown?Earlier reports...

Fantasy Gaming Giant Sees Surge in Users and RevenueThe much-awaited 17th edition of the Indian Premier League (IPL) kicked off on Friday, March 22nd, bringing with it a wave of excitement not just fo...

Former U.S. President Donald Trump's foray into the social media sphere has taken a significant leap forward, with investors greenlighting a merger worth approximately $5.7 billion. This move catapult...

Hold on tight car enthusiasts, because Spinny, the used-car marketplace backed by cricketing legend Sachin Tendulkar, is making a power move! They've just revved up their employee motivation engine b...

In a groundbreaking development in the fintech industry, Yenmo, a platform revolutionizing lending against mutual funds, has successfully raised $500,000 in a seed funding round led by renowned US-bas...

Zomato CEO Deepinder Goyal's recent wedding to Mexico-born model-turned-entrepreneur Grecia Munoz has set the internet abuzz. The union of these two individuals from diverse backgrounds has captured t...

Cashfree Payments, a leading payment gateway for online merchants, has introduced a powerful new tool in the fight against online fraud - RiskShield. This real-time risk management solution promises t...

Imagine a world where charging your electric car (EV) is as simple as pulling into a parking spot. No more fumbling with cables or hunting for charging stations. Scientists at the Oak Ridge National ...