Browsing Category

Startups

4476 posts
Paytm

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

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

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

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…
Lenskart

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…

Portl, which makes a 4K ‘smart mirror’ for exercising and fitness, raises $3Mn in fresh round

While fitness tech has been on the rise for well over a…

Oyo withdraws IPO papers again, aims to raise money via bonds, equity financing in a down round

Indian budget hotel aggregator Oyo has withdrawn its initial public offering (IPO)…

Regulatory action impacts Paytm financials, reports widened loss at ₹550 crore, Q-o-Q revenue drops 20%

Digital payments giant Paytm, which perhaps endured one of its most difficult…
Pine Labs

Pine Labs gains Singapore court approval to shift base to India

Pine Labs, the popular POS solutions company that has major market share…
Zomato

Zomato Q4 FY24: ₹175 crore net profit, 73% YoY revenue increase fails to meet market expectations

Zomato has announced its financial results for Q4’24, and from the looks…