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4547 posts
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 plans ₹10,000 crore fundraising

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…
Swiggy plans ₹10,000 crore fundraising

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 Capital grows, expands secured lending

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 founders sue Glas Trust

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 ₹10,000 crore fundraising

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…
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 founders sue Glas Trust

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 plans ₹10,000 crore fundraising

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…
Delhi-NCR tops Zomato 2025 orders

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

Antfin Singapore, a subsidiary of Chinese fintech giant Ant Group, sold shares…
Zepto raises $450 million funding

Zepto valuation reaches $5Bn in fresh $340Mn fundraise

Quick commerce is picking up serious momentum in India, and Zepto’s latest…
Oyo Hotel Signboard in front of a property

Oyo gets $175mn from founder Ritesh Agarwal and others, valuation sees steep drop

Oyo, the hospitality firm that includes a vast network of budget accommodations,…
Raveendran alleges misconduct as Byju’s struggles.

India’s NCLAT halts insolvency against Byju’s, approves BCCI settlement

Byju’s, the once $22Bn valued embattled edtech giant , received a favorable…
Zomato

Zomato reports Q1FY25 profit at ₹253 crore, up 44.5% from previous quarter

Food delivery platform Zomato reported a significant surge in its quarterly profit,…