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4453 posts

HealthKart gets $153Mn in new $500Mn valuation round

HealthKart, the Indian health supplement platform, has now secured a total of…

Oyo to get $65.1Mn from founder Ritesh Agarwal at $3.8Bn valuation, seeks additional investors

According to a recently circulated note to its shareholders, Oyo has informed…

India’s consumer regulator investigates Ola Electric over unresolved customer complaints

India’s Central Consumer Protection Authority (CCPA) has initiated an in-depth investigation into…
Delhivery

Delhivery’s net profit clocks steep quarterly plunge in Q2 FY25

Gurugram-based logistics company Delhivery reported a net profit of ₹10.2 crore for…

Wheelocity secures $15Mn to expand e-commerce across rural India

Chennai-headquartered Wheelocity has now secured a $15 million Series A2 funding round.…

Zomato, Swiggy possibly breached antitrust laws as per CCI investigation, reports Reuters

Zomato and Swiggy, largely the two players dominating India’s food delivery market,…
CRED

Cred takes the wheel in insurance with Cred Garage

Fintech unicorn Cred is now doubling down on diversifying its financial services…
Byju's

India’s Supreme Court overturns NCLAT order, reinstates Byju’s insolvency proceedings

Edtech major Byju’s has once again run into another major setback. India’s…

Neysa, which provides enterprises with accelerated, scalable AI infra, nabs $30Mn in Series A from Nexus VP, others

Neysa, a generative AI upstart that helps enterprises rapidly deploy AI solutions…
Byju's

Byju’s founder Byju Raveendran says company is now “worth zero”

Byju’s had once been a beacon of success in the Indian ed-tech…
Purplle

Purplle closes Series F fundraiser at ₹1,500 crore, led by ADIA

Indian omnichannel beauty platform Purplle has now secured ₹1,500 crore (approximately $180…

Byju’s accused of fund transfer in violation U.S. bankruptcy rules, alleges fresh US lawsuit

Indian edtech upstart Byju’s will see an extension of an already sprawling…

Ola Electric gets Indian regulator’s notice amid surging customer complaints

Ola Electric has been served with a show-cause notice for the ever…

Swiggy increases fresh issue portion of IPO to ₹5000 crore, IPO size goes up to $1.4Bn

Last week, food delivery giant Swiggy filed its draft red herring prospectus…

Invesco marks up Swiggy’s valuation to $13.3Bn, right ahead of IPO

In what could certainly boost Swiggy’s public debut prospect, US-based asset management…

Zerodha posts strong FY24 profits, but expects big slowdown with new regulations

Online discount brokerage firm Zerodha has recorded a total revenue of ₹8,320…

E-Visa platform Atlys secures $20Mn for global growth and new products

Atlys, which has been receiving extremely positive reviews from users for its…

Byju’s declared in default of $1.5B loan in the US by Delaware Supreme Court

The troubles of edtech major Byju’s are just piling on. More than…
Image: PhysicsWallah

PhysicsWallah lands $210Mn in latest fundraise, valuation nearly triples to $2.8B

PhysicsWallah, the Indian edtech unicorn, has gobbled up $210 million in a…