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Startups

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Goldman backed online beauty retailer Purplle raises $33Mn, turns unicorn

Mumbai-based online self-care and beauty product retail platform Purplle has raised $33…

Pepper Content gets $14Mn in latest round for its content marketplace, eyes US expansion

Pepper Content, the Indian content marketplace that helps nearly 100K creators earn…

Uni, the fintech behind Pay 1/3rd credit card, lands $6.4Mn in debt from Stride Ventures

Fintech startup Uni, which offers short-term credit options for youth, has announced…

Edtech Physics Wallah raises $100 Mn in its first fundraise, turns unicorn

Physics Wallah, an edtech platform targeting high school and above with a…

Softbank-backed Brazilian crypto upstart 2TM lays off 10% employees amid crypto bear run

In recent times, most of the journalistic institutions have spent their time…

Slice raises another $50Mn in Series C led by Tiger Global, six months after a $200Mn raise

Bangalore based Fintech startup Slice has raised $50 Mn in a fresh…

Synaptic gets $20Mn in Series B to equip investors with insights using alternative data on companies

Synaptic is aiming to position itself as an alternative source of data on companies, as against what is currently available in the market.

Delhivery doubles revenue Y-o-Y to ₹2072 crore in Q4 FY22, loss remains flat

Delhivery said that it had delivered full-year operating profitability as its adjusted EBITDA came at ₹72 crore, while its adjusted cash profit after tax (PAT) amounted to ₹212 crore.
ShareChat Jeet11

Google, Times Internet, others put in $300Mn in ShareChat: Report

As the second-largest internet market in the world, it is hardly surprising…
Ather

Ather energy says its scooter fire incident was due to an ‘extremely rare’ structural breach

Two wheeler EV manufacturer Ather Energy has issued a statement via Twitter,…

Myntra rolls out M-Express to deliver products within 48 hours

Going forward, Myntra intends to expand its M-Express offering to Tier II and Tier III cities in the country and launch its web version in the coming months.

Riverwalk Holdings is the latest VC to join early-stage investing in India with a ₹150 crore debut fund

While later stage startup fundraising maybe on a downhill globally, investors aren’t…

Now Sequoia warns of “crucible moment” for startups, advises them to focus on profitability

This will not be a “V-shaped” recovery, and today’s monetary and fiscal policy tools, according to Sequoia, will force cuts in its portfolio and measures to conserve cash.

Logistics unicorn Delhivery lists at 1.7% premium, ends debut day 10% high despite bearish market

Delhivery, the unicorn upstarts that has made aggressive strides in India’s $200Bn…

1K Kirana raises $25Mn for its hyperlocal ‘kirana’ stores aggregation platform

1K Kirana, founded by Kumar Sangeetesh, Abhishek Halder and Sachin Sharma, primarily serves as a distribution network for local departmental stores in order to alleviate their struggles of acquiring inventory at the best price available.
CarTrade

Cars24 lets go of 600 employees citing “business as usual, performance linked exits”

Indian start-up land is facing layoffs from all directions. Online used car…

HappyLocate taps $1.1Mn in pre-Series A to help companies avoid employee relocation hassles

Let’s face it, relocation for a new job — both from your…

Embedded credit fintech BharatX gets seeded with $4.5Mn from YC and others

Through its embedded credit platform, BharatX lets consumer convert their spends into easy EMI options, including new & innovative ways, such as ‘Pay 3’.

ApnaKlub gets $10Mn in Series A to address challenges in India’s FMCG distribution system

ApnaKlub allows anyone with a smartphone to earn supplemental income by aggregating demand and supplying FMCG goods to retail (kirana) stores in their local community.