Paytm reports ₹840 crore in Q1 loss, revenue drops 36% as regulatory pressure continues

Paytm’s trouble on financial and regulatory sides do not seem to be…

Figma reportedly valued at $12.5Bn in latest investment from Coatue, General Catalyst and others

Figma, the hugely popular design tools used by most UI/UX designers these…

InMobi plans $10 billion India IPO next year: Report

InMobi, one among India’s first tech unicorns from the country’s early startup…

Byju’s faces insolvency as Indian Cricket Board drags it to NCLT over unpaid dues

Byju’s, the Indian edtech giant that was once hailed as the nation’s…

Investments in AI startups surge to $24Bn in Q2 2024: Crunchbase data

Over the past months, AI has emerged as the proverbial golden goose…

Paytm secures government approval for $6Mn investment in Paytm Payments Services

In a sign of relief, Paytm has received approval from a government…

Delhi High Court orders social media platforms to take down fraud accounts misusing Razorpay’s identity

In a move aimed against financial malpractices in the realm of digital…

Zomato halts ‘Xtreme’ hyperlocal logistics service, revives Intercity ‘Legends’

Zomato has now decided to suspend its hyperlocal logistics service ‘Xtreme’ due…

Ather Energy transitions to a public company ahead of potential IPO

Ather Energy, the two-wheeler electric vehicles maker backed by Hero group, has…

OpenAI makes second acquisition, acquires data analytics firm Rockset

OpenAI just made its second acquisition in the form of Rockset, an…

Zepto gets $665Mn in fresh fundraise, valuation doubles to $3.6Bn

Zepto is building a significant warchest as it takes on the likes…

Zepto’s upcoming $650Mn funding round to value startup at $3.5Bn: Report

Zepto, the popular instant grocery delivery platform, is gearing up to raise…

HSBC assigns ‘zero’ financial value to Prosus’ stake in Byju’s

The Indian edtech sector, once a poster child for innovation and growth…

IPO for online travel platform Ixigo to open on June 10, plans to raise ₹740 crore

India will see yet another tech upstart, trying its luck in the…

Baron Capital marks up stake in Swiggy, values it at $15.1Bn ahead of IPO

US-based asset manager Baron Capital has significantly marked up the valuation of…

Fidelity and Temasek put $200Mn in Lenskart, reportedly valuing it at $5Bn

Temasek and Fidelity Management & Research Company (FMR) have invested $200Mn in…

Indian space startup Agnikul Cosmos successfully demonstrates 3D-printed rocket engine

Agnikul Cosmos, one of the front-runners in the recent race among India’s…

OYO posts first annual profit of nearly ₹100 crore in FY24

Oyo, the Indian budget friendly hotel aggregator upstart, has finally swung into…

Infra.Market nabs $50Mn from MARS Unicorn Fund

Indian construction materials supplier upstart Infra.Market, has secured $50 million in its…

Go Air bankruptcy leads EaseMyTrip’s ₹15 crore loss in Q4 FY24

EaseMyTrip, Indian online travel booking competitor to Nasdaq listed MakeMyTrip, recently released…