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Startups

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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…
Raveendran alleges misconduct as Byju’s struggles.

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 cuts jobs amid financial struggles

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…

Swiggy plans to raise ₹5,000 crore in upcoming IPO, up from the previous ₹3,750 crore target: Report

Swiggy is planning to seek shareholder approval for a substantial increase in…

EaseMyTrip to manufacture electric buses

Travel platform EaseMyTrip is now aiming to enter the electric vehicle (EV)…
Rapido

Rapido raises $200 million, valuing it at $1.1 billion

Rapido, the bike and auto aggregator taxi service from India, which turned…

PharmEasy’s valuation declines by 92% in latest investor cut down

API Holdings, the parent company of PharmEasy, one of India’s leading online…

Byju’s investors appeal to India’s Supreme Court amid insolvency crisis

Major foreign investors in Byju’s, the beleaguered Indian edtech giant, have sought…

Zomato introduces ticket resale for events

Zomato, traditionally recognized for its food delivery services, is continuing to pursue…

Swiggy valued at $11.5Bn by investor 360 One, ahead of IPO

360 One WAM, formerly IIFL Wealth Management, has valued Zomato’s rival food…

TransBnk gets $4Mn in Series A from Accion, 8i & others for its transaction banking platform

TransBnk, a transaction banking platform incepted in 2022 to help banking and…
Quick-commerce firms accused of predatory pricing

Antfin sells $570Mn in Zomato shares block deal, cutting stake by half

Antfin Singapore, a subsidiary of Chinese fintech giant Ant Group, sold shares…