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Startups

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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…
Raveendran alleges misconduct as Byju’s struggles.

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…

Fidelity marks down Meesho’s valuation to $3.5 billion

Adding to a growing, not-so-favourable list of high-profile Indian unicorns getting their…
Raveendran alleges misconduct as Byju’s struggles.

Byju’s cuts valuation by over 99% in latest rights issue

Byju’s, the prominent Bengaluru-based edtech giant, is reportedly open to accepting a…

Byju’s, once valued at $22 billion, seeks funding at $2Bn valuation: Report

Byju’s, the Bengaluru-based edtech giant, which has been in all sorts of…
ZestMoney

ZestMoney, once valued at $450Mn, sold to DMI a month after shut down

ZestMoney, the Indian buy-now-pay-later fintech backed by Goldman Sachs and valued at…

Udaan faces sharp valuation drop to $1.8B in latest fundraise

Udaan, the B2B ecommerce unicorn, finds itself at the epicenter of a…

Grip Invest secures $10M in Series B after pivoting to a SEBI-regulated alternate investment platform

Delhi-based financial technology firm Grip Invest, which has had a sine-curvish journey…

PierSight picks up $6Mn in fresh fundraise for its satellite-powered ocean surveillance tech

Ahmedabad-based spacetech startup PierSight, has raised $6 million in a new round…

Walmart pumps $600Mn in Flipkart as part of $1Bn fundraise

Flipkart, the now Walmart owned Indian e-commerce giant, has reportedly moved closer…

Warehouse automation upstart GreyOrange secures $135Mn in Series D fundraise

Blume Ventures backed GreyOrange, a prominent player in AI-driven fulfilment automation has…

Wearables upstart Noise gets strategic investment from Bose

Bose, the global audio electronics major, is entering the Indian startup market…

Udaan secures $340Mn in Series E round

Udaan, the B2B e-commerce unicorn, has closed a Series E funding round,…

Sarvam AI gets $41Mn in Series A to build a “full-stack” of Generative AI products

Ever since OpenAI’s ChatGPT rose to prominence, Generative AI has truly become…
ZestMoney

BNPL fintech upstart Zestmoney, last valued at $450Mn, shuts down

In a pivotal turn of events, ZestMoney, a notable player in the…