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Startups

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Enterprise AI upstart Mad Street Den raises $30Mn led by Avatar Growth Capital

Artificial intelligence (AI) and computer vision-focused startup Mad Street Den has scooped…
AutoX fleet

GoMechanic, the Sequoia India-backed auto services startup, lays off 70% employees amid financial misreporting

In a story that would once again highlight the “growth at all…
Microsoft Russia subsidiary plans bankruptcy

Microsoft leads investment in cloud-based HR tech unicorn Darwinbox

Microsoft has made an equity investment in Hyderabad-based HR tech unicorn Darwinbox.…

Qritive, which uses AI to improve digital cancer imaging, gets $7.5Mn to expand product line, add geographies

Qritive, a healthtech platform that improves digital pathology for cancer diagnosis through…

KreditBee adds another $100Mn to its Series D, valuation nears $700Mn

KreditBee, the Indian fintech upstart that provides easy personal loans via its…

STAGE, an OTT platform for local Indian dialects, gets ₹40 crore in fresh funding

OTT platforms clocked an enviable rise in prominence during the pandemic, during…

Swiggy revenue more than doubles to reach ₹5705 crore in FY22, but loss widens

SoftBank-backed Swiggy witnessed its expenses surge during FY22, which in turn widened…

Indian fintech Money View nabs $75Mn in Series E, valued at $900Mn

New York-HQed Tiger Global has driven investments in yet another Indian startup…

Dream public market debut for drone upstart DroneAcharya, stock lists at 90% premium

India’s Unmanned Aerial Vehicle (UAV) market is estimated to at $2.1 billion…

Razorpay, Cashfree asked by RBI to halt new merchant onboarding

Razorpay and Cashfree Payments have been instructed by the Reserve Bank of…

GalaxEye lands $3.5Mn in seed for building its own constellation of earth imaging satellites

With the ever increasing number of new-age space tech companies focused on…

Blume Ventures announces final close of latest India-focused fund at over $250 million

Among the oldest early-stage VC firms in Indian startup ecosystem, Blume Ventures…

‘Flash’, an e-commerce app focused on ‘power shoppers’ lands $5.8Mn in seed

E-commerce, the sector that was one of the first to see rise…
Anduril raises $2.5B, valuation hits $30.5B

KreditBee nabs $80Mn in Series D to diversify product portfolio, strengthen tech

Fintech startup KreditBee has snagged $80 million in fresh funding. This Series…

Softbank could offload 5% shares in Policybazaar

Amid a significant decline in stock value, existing large shareholders of numerous…
Quick-commerce firms accused of predatory pricing

Alibaba expected to sell Zomato shares in block deal worth nearly $200Mn

With IPO share sale lock in periods ending for India’s listed tech…