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Startups

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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Indian budget hotel aggregator Oyo has withdrawn its initial public offering (IPO)…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…
Quick-commerce firms accused of predatory pricing

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…

Flipkart’s attempt to acquire majority stake in Zepto hits a roadblock: Report

Flipkart, which has been attempting a quick commerce venture for a while,…

LightFury Games secures $8.5Mn for ambitious AAA, console game development

India’s game development startup sector, which has largely been dominated by startups…

Procmart gets $30Mn in Series B from Fundamentum, others for its B2B procurement marketplace

Procmart, a B2B marketplace that helps India’s traditional businesses get access to…

Zepto surpasses $1Bn in annual sales: Goldman Sachs

Quick commerce, a segment that saw meteoric rise during and post COVID,…

AI sales platform SiftHub raises $5.5Mn in seed to help teams derive insights from scattered sales data

With social media platforms increasing the number of sales channels that product…

Byju’s Raveendran offers renounced shares amid latest attempts to save firm

Byju’s founder Byju Raveendran seems to be making a final dash at…

Ultrahuman, makers of health-tracking smart ring, snaps $35Mn in Series B

Ultrahuman, the Bengaluru-based wearable tech startup focused on health monitoring, has secured…
Raveendran alleges misconduct as Byju’s struggles.

Continued financial troubles force India’s Byju’s to vacate most offices, shifts employees to WFH

Byju’s, the once high-flying, $22bn valued Indian edtech story, is finding it…