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Startups

4439 posts

Skyroot gets $51Mn in fresh fundraise to launch its low-cost launch vehicle family soon

Four-year-old spacetech startup Skyroot Aerospace has landed $51 million (nearly ₹403 crores)…
Paytm

ED raids Razorpay, Paytm, Cashfree premises amid crackdown on unethical quick lending apps

India has been cracking down hard on lending apps that operate in…

Zomato pilots ‘Intercity Legends’ that lets users order from famous eateries in difference cities and deliver them the following day

This one is for the foodies. The next time you are craving…

Axis Bank to acquire 10% stake in Go Digit Life Insurance: Report

Insure-tech upstart Digit already has a presence in India’s general insurance sector…

PharmEasy shelves IPO plans, opts for a rights issue instead

An ambitious attempt by several of India’s high profile tech unicorns to…

Razorpay enters offline payments space with the $200Mn Ezetap acquisition

In what has become a trend of sorts among India’s unicorns lately,…
India, Economy

Latest $33.5Mn round pushes logistics upstart Shiprocket post the unicorn mark

After unicorns started popping up at a record pace last year, it…

Exponent Energy lands $13Mn in Series A to scale its fast-charging battery tech for EVs

Having electric vehicles on the road is not enough, and there is…

a16z cuts its biggest individual cheque for WeWork founder Adam Neumann’s new startup, turns unicorn

In 2021, we saw numerous startups gobble up insane amounts of funds…

SaaS upstart CleverTap valuation jumps to nearly $775Mn after latest Series D fundraise

A pandemic-induced high over the past year ensured that the SaaS industry…

dezerv. bags $21Mn in Series A, makes its wealth management platform public

dezerv., a wealth management platform that has been on invite-only mode so…
Nykaa

Nykaa to acquire local discovery and e-commerce platform Little Black Book

This was hinted at two months ago, when it was revealed that…

Bluecopa gets seeded with $2.3Mn for its finance ops automation platform

Hyderabad-based finance operations automations platform Bluecopa, announced on Tuesday, that it has…

SaaS platform Emitrr gobbles up $4Mn from Chiratae Ventures, others in pre-Series A

Chiratae Ventures, the Bengaluru-headquartered VC firm that focusses on growth-stage startups in…

Google, Rakuten back rewards-based payment platform Twid in $12Mn Series A

Google, which has invested billions across India’s telecom sector, is doubling down…
Zomato

Zomato net revenue up 18% QoQ as losses reduce

Zomato reported its first quarter (Q1’23) financials late evening yesterday, and there…

Ola reportedly laying off 1,000 employees as focus shifts on EV business

Ride-hailing giant Ola, which has vastly diversified since launch, is staring down…

PriceLabs nabs $30 Mn to scale its dynamic price management solution for the rental industry

India based Pricelabs, a SaaS company that provides short-term rental pricing management…

Artfi nabs $3.2Mn in latest round as it looks to create an NFT ecosystem for fine art

Artfi, a blockchain-based fine art Fintech project of the art connoisseur Asif…

Seedstars’ SIV II Fund announces first close at $20Mn, plans seed investments in nearly 100 startups

It is said that the early bird gets the worm. Swiss pre-seed…
Zomato

Zomato scrip drops by 14%, market cap below last private equity valuation as IPO lock-in period ends

Just as journalists, interns, 9-to5ers and day traders were all about to…