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Startups

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Google-backed Kuku FM secures $25Mn to expand audio content library, enhance tech

India’s appetite for audio content continues to rise, driven by affordable smartphones…

Flipkart could invest $15-20Mn in its new credit marketplace, spin off as a new entity

Walmart-owned Flipkart has been doubling down on developing its own offerings in…
Byju's

Byju’s lenders say company hid $533Mn in a Miami hedge fund that ran from a pancake shop: Report

Byju’s financial and legal concerns are continuing to mount and direct narrative…

India fintech majors Paytm and Pine Labs both launch a new payments soundbox that accepts cards via NFC

Paytm had brought in a literal revolution of sorts, when it introduced…

Indian Gaming major Nazara raises ₹100 crore from Zerodha founders

In a strategic move, Nazara Technologies’ board has given the green light…

Walmart pays $3.5Bn to buy out existing Flipkart shareholders, increases stake to over 80%

In a strategic move, American retail giant Walmart revealed that it has…

Apollo.io, the B2B sales intelligence platform for revenue teams, racks up $100Mn in Series D, valued at $1.6Bn

Apollo.io, a B2B sales intelligence platform that provides sales and marketing teams…

Zepto secures $200 million in Series E round, is India’s first unicorn in 2023

Despite questionable business models, quick commerce companies still seem to be lucrative…

Wootz.work, a global sourcing platform for engineering products, gets seeded with $3.5Mn from Matrix, Nexus VP

Wootz.work, a global sourcing platform that helps small businesses procure light engineering…

DynamoFL, which uses generative AI for enterprise data privacy, nabs $15Mn in Series A from Nexus, others

While privacy regulations, such as the GDPR, the Indian data protection bill…

Zerodha to pump additional ₹1000 crore in startup investment arm Rainmatter with focus on long-term backing

Zerodha, the country’s leading stock broker, has decided to allocate an additional…
Ola Electric reveals Q3FY25 earnings

Ola Electric’s operating revenue, loss, widen in FY22, parent ’Ola’ reports widening net loss

Ola Electric, headed by Bhavish Aggarwal, has experienced a substantial surge in…

Krafton to invest $150 million in India in next 2-3 years as BGMI gets trial approval

Krafton, the South Korean gaming company that gave us Battlegrounds Mobile India…

Pepperfry co-founder and CEO Ambareesh Murty suffers cardiac arrest, passes away at 51

Ambareesh Murty, co-founder of the online furniture store Pepperfry, is no more.…

MPL lays off 350 employees as economics re-align post 28% online gaming tax

Mobile Premier League (MPL), one of the only two esports and online…
Zomato

Zomato reports first quarterly profit, revenue jumps 54% YoY to reach ₹2786 crore

Zomato reported its Q1’24 earnings today, with the headline being the company…

Social commerce platform Dealshare CEO steps down, will retain board position

Vineet Rao, co-founder and CEO of social commerce platform DealShare, has decided…

Telecom startup Wiom scoops up $17Mn to expand in more cities, invest in talent and delivery architecture

Wiom, a New Delhi-based telecom startup, has scooped up a total of…