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Startups

4480 posts

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Indian budget hotel aggregator Oyo has withdrawn its initial public offering (IPO)…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

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…
Byju's

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…

Thrasio, once a top Amazon sellers’ aggregator, files for Chapter 11 bankruptcy

Thrasio, which became popular for its then investor-craze model of aggregating and…
Byju's

Byju’s faces shareholder rebellion following vote to remove founder Byju Raveendran as CEO

Byju’s, the edtech giant, is embroiled in a shareholder rebellion as investors…

Vidyut lands $10Mn in debt/equity Series A for its unique battery rental model for small commercial EVs

Vidyut Tech, an EV startup that helps significantly reduce ownership costs for…

Neodocs raises $2Mn in seed round for its smartphone-based, at-home test kits

Neodocs, a health-tech startup that so far functioned in stealth, is moving…

Khyaal, an online platform for senior citizen wellness, gets seeded with $4.2Mn from Inventus, SVQuad

Khyaal, an online app with a myriad of services focused around wellness…

Paytm under investigation for FEMA violations amid regulatory scrutiny: Reuters

Paytm, the troubled Indian fintech giant, has now found itself under the…
Uber logo

Ola, Uber to operate under new fixed fare structure in Indian state of Karnataka

The transportation regulator in India’s southern IT Hub of Karntaka, has now…

Paytm to cut ties with Paytm Payments Bank amidst regulatory ban

Yesterday, the Reserve bank of India (RBI) imposed further restrictions on Paytm…