AstroTalk, a market leader in astrology and horoscope consultation, intends to make a bold jump into the D2C vertical. Moving into 2025, the company has carved out an aspirational revenue

Pune-based startups have raised a total of $395 million (approximately ₹3,414 crore) in 2024, across 70 funding rounds. The figure marks a 10% dip from the $437 million that was

Innovative player in the industrial robotics sector, Ati Motors has raised $20 million in Series B funding. The round is led by Walden Catalyst Ventures and NGP Capital, which has

Significant movement was witnessed within PharmEasy’s leadership, as its three co-founders, namely Dharmil Sheth, Dhaval Shah, and Hardik Dedhia, have stepped away from their management positions. On the other hand,

Deconstruct, the science-backed beauty brand, has raised ₹65 crore in a funding round, which will prove transformational for the beauty and personal care markets. The investment was led by L’Oréal’s

BPR Hub, a cloud-based compliance management startup, raised $2.6 million from Accel and Kae Capital in a funding round. The new funding would further boost its ability to serve small

In a development that can bring revolution in quick commerce space, Snabbit, a startup by former Zepto executive, has raised $5.5 million in a seed funding round. The investment has

BlueMedix, the largest retail pharmacy chain in Eastern India, has managed to secure a pre-series funding of $5 million. This round, led by a prominent Dubai-based family fund, was closed

ProcureYard is an AI procurement platform based in Gurugram and Bengaluru. The startup has secured seed funding worth $1.72 million. According to reports, this seed round was led by Powerhouse

Indian startups are experiencing steady funding until now this year. From the date of January 13 to 18, startups raised a total of $308.1 million across 24 deals. Although the

Zomato has invested ₹500 crore (nearly $60 million) in its quick commerce branch, Blinkit. This recent funding round gets Zomato’s total investment in Blinkit to ₹2,800 crore. This happened from

WeVOIS, a startup focused on waste management, has successfully raised ₹36 crore (approximately $4.2 million) in a Series A funding round. This funding was led by Negen Capital and Vyom

The prominent debt marketplace, Recur Club specifically targeting those startups and SMEs, has said that it is launching a ₹150 crore fund to accelerate the growth of Direct-to-Consumer (D2C) brands

Adani Group stocks surged significantly on January 16, 2025, after news broke out that Hindenburg Research was closing down its shop. Investors see this as a boost in the confidence

Agritech startup Fambo has raised ₹21 crore (about $2.4 million) in a seed funding round led by EV2 Ventures. The round also saw participation from Rajesh Sawhney, founder and CEO

One of the popular Indian social media platform ShareChat has announced its intentions to cut around 5% of its staff as part of its annual performance review cycle. According to

Foxtale, a fast growing direct-to-consumer (D2C) skincare brand, has recently made headlines by securing $30 million in its Series C funding round. It was led by the renowned Japanese beauty

TyrePlex, an innovative online platform for the sale and service of tires, has raised ₹20 crore in a funding round led by PeerCapital and Titan Capital. The investment is a

Riceberg Ventures is a global early-stage venture capital firm. It has just announced the establishment of a dedicated deeptech fund worth $20 million. The fund will be used to invest

The company, leading in digital payments in India, PhonePe launched a new app called Pincode. This is the entry of the company into the quick commerce market. It offers 15-minute

BGauss, an electric two-wheeler manufacturer, raised a successful funding round and received an investment of Rs 161 crore (approximately $18.6 million) from Bharat Value Fund (BVF). The investment comprises primary

Zepto, one of Mumbai-based quick-commerce firm, just had the blessings from the NCLT or National Company Law Tribunal for big reverse merger move; however, which paved the path in allowing

Fintech unicorn Groww is getting ready to go public by raising its valuation to between $6 billion and $8 billion in its initial public offering. This places Groww at the

Bengaluru-based startup Quash, which specializes in automated software testing, has secured $635,000 in a pre-seed funding round led by Arali Ventures. Other notable investors who participated in the funding round

The Indian startup ecosystem saw a massive spurt in funding from the week of January 6 to 11, 2025, as 27 startups collectively raised around $466.45 million. Growth stage funding

In a major legal development for the online gaming industry in India, the Supreme Court has stayed the Goods and Services Tax (GST) show-cause notices issued to multiple gaming companies.

Groww, a fintech unicorn, has crossed 13.16 million active clients as of December 2024, marking a significant milestone in the Indian stockbroking landscape. According to data released by the National

Practo, a leading digital healthcare company, has achieved a gross merchandise value (GMV) of ₹3,500 crore for the fiscal year ending March 2024. This achievement marks the company’s robust growth

Innovaccer Inc., a health AI company headquarterd in both Noida and San Francisco, has raised $275 million in its Series F round of funding, which includes primary and secondary investments.

BluSmart Mobility is an innovative EV ride-hailing and charging infrastructure firm that is reportedly raising ₹425 crore or roughly $50 million for its Series B funding round. This is the

Waycool, a major player in the B2B food and agritech market, has also announced its plans to raise ₹110 crore in debt from Grand Anicut. That is the second round

The Indian UPI landscape has recorded some great improvements in December 2024, with both PhonePe and Google Pay consolidating their stronghold on the country’s transaction volumes. According to recently released

Otipy, one of the leading farm-to-fork companies, has finally made a big push toward modernising the sale of fresh fruits and vegetables. It has started testing electric carts in Gurugram.

Bengaluru-based electric tractor startup Moonrider has raised $2.2 million (approximately ₹19 crore) in a seed funding round co-led by Micelio Fund and AdvantEdge Founders, with contributions from various angel investors.

Online bakery brand, Gurugram-based Bakingo reported very impressive fiscal-end results March 2024 to close the FY at ₹208.7 crore, in terms of revenues. While its revenue numbers indicate a great

Oben Electric, emerging electric motorcycle play, has also successfully raised the ₹50 crore, which is an equivalent of roughly $6 million, with a Series A funding round. This round was

MobiKwik, the leading fintech platform, announced its financials for the second quarter of fiscal year 2025 (Q2 FY25), which indicates a significant revenue growth despite net loss. The company reported

A critical market drift comes as Zomato’s shares plunge by 5% to settle at ₹253 today as Jefferies cut its rating for the quick-commerce firm from “buy” to “hold” due

Consint.AI, a health insurance startup that uses Generative AI for fraud detection and risk management, has raised ₹5 crore in seed funding. The round was led by Equanimity Ventures and

A much-needed push for renewable energy, the Kerala government has won a ₹34.8 crore funding for its path-breaking green hydrogen pilot project. The amount forms part of the central government’s

Spintly, a proptech startup specializing in smart building solutions, has raised ₹3.5 crore in an extended seed funding round. The round was led by Spyre VC, with notable investors such

The D2C tea brand based in Delhi, Vahdam Teas, has witnessed considerable betterments in its earnings over the fiscal year 2024. The company was successful in reducing losses by a

Oyo, one of the leading hospitality companies, has managed to raise ₹550 crore or $65 million from Redsprig Innovation Partners, an entity owned by the company’s founder, Ritesh Agarwal. This

In the first week of January 2025, Indian startups collectively raised $14 million across five deals, marking a 46% decrease from the previous week’s total of $26 million from six

Arya.ag, a leading agritech startup based in Noida, has achieved significant financial milestones in the fiscal year 2024, reporting a revenue of ₹340 crore, an 18% increase from the previous

The Indian startup ecosystem continues to show resilience and growth, with seed-stage funding showing a remarkable 31% year-on-year increase, reaching $893 million in 2024. This is part of a broader

Fittr is a community-based health and fitness marketplace. Since scaling up operations was a tremendous challenge, its revenue performance for fiscal 2024 ending March is flat. The company funded by

Traya, a direct-to-consumer health and wellness brand that has a niche position with hair loss solutions, achieved fantastic financials in the fiscal year ending March 2024. The company headquartered in

The co-founder of the leading home rental platform, NestAway, Amarendra Sahu, has taken a crucial legal step by filing a First Information Report (FIR) against some of its top investors

Innovative education OTT platform Klassroom Edutech has managed to raise an undisclosed amount in its Pre-Series A round led by ah! Ventures. LetsVenture, Hem Securities, Meteor Ventures, and Growth Sense

Treebo Hotels, a Bengaluru-based premium-budget hotel chain, said it had crossed the ₹100 crore revenue mark for the fiscal year ending March 2024. The good news came with a catch-the

With headquarters in Gurugram, a startup-Guestara- successfully bagged $500,000from its pre-series round of fundraising by investor-Sanjay Ghare- towards developing high-end AI driven innovative solutions catering to the automation of operations;

Chaayos, India’s popular tea café chain, has announced an otherwise difficult yet noteworthy fiscal year 2024 (FY24), where operational scale was flat and the company did report positive EBITDA. The

NumberOne Academy, an enablement platform from Kochi focused on SME empowerment, has raised ₹3 crore in a pre-seed funding round. The round was led by T.I.G.E.R and Santosh Nair, making

Pristyn Care, one of the most significant surgery-focused hospital chains in India, has recorded a spectacular revenue growth of 33%, with revenues crossing ₹601 crore for the fiscal year ending

Mswipe, a Mumbai-based B2B payment service provider, has faced significant challenges in growth for the fiscal year 2024 (FY24), culminating in a net loss of ₹46.2 crore. Despite these challenges,

The Indian startup ecosystem saw a flurry of activity in the week of December 23-28, 2024, as nine startups collectively raised around $47.7 million in funding. This week’s deals included

Bengaluru-based logistics and supply chain enabler, Shiprocket, is looking to raise ₹219 crore (approximately $26 million) as part of an extension to its ongoing Series E funding round. The investment

Bengaluru-based startup Leanworx has raised ₹8.3 crore (approximately $1 million) in seed funding to enhance its innovative solutions for the manufacturing sector. The funding round was led by YourNest Venture

Bengaluru-based B2B e-commerce unicorn Zetwerk has announced the addition of fresh employee stock options worth around $64 million (₹541 crore) under its ESOP Plan 2018. This marks the first ESOP

Motilal Oswal Wealth Limited has made an investment of ₹100 crore, or approximately $12 million, in Bengaluru-based B2B seafood startup Captain Fresh. This is the second investment round the company

In a major push to its Indian operations, Sumitomo Mitsui Financial Group (SMFG) has announced a capital infusion of ₹3,000 crore into SMFG India Credit Co. Ltd. The investment, which

Exotel, a Bengaluru-based cloud telephony platform, has announced its financial results for the fiscal year 2024 (FY24), reflecting a modest revenue growth but a significant improvement in its financial health.

ShopKirana, a B2B e-commerce company meant to link retailers with brands, said the company has had a difficult fiscal year 2024 in which its gross revenue declined. Gross revenue fell

Digital learning solutions provider LEAD has announced a significant achievement for the fiscal year ending March 2024, having crossed the ₹350 crore revenue mark with reported revenues of ₹351 crore.

Greaves Electric, the parent entity of electric vehicle (EV) maker Ampere, formally filed its Draft Red Herring Prospectus with India’s Securities and Exchange Board to raise ₹1,000 cr in an

Curefoods, a leading player in the Indian cloud kitchen sector, has announced impressive financial results for the fiscal year 2024 (FY24). The Bengaluru-based company reported a substantial income of ₹635

This is a landmark achievement for the Indian startup ecosystem, with Zomato becoming the first Indian startup to be inducted into the Bombay Stock Exchange (BSE) Sensex 30. It is

PC: The Kredible The prominent supply-chain financing startup, Mintifi, recently disclosed notable fiscal year 2024 profits, with the firm generating profit after tax of ₹92.5 crore on revenue of ₹384

Between December 16 and 21, 2024, Indian startups collectively secured $171.2 million across 20 funding deals. Compared to the previous week, which had raised $635.8 million in 25 deals, this

Ampere, a subsidiary of Greaves Electric Mobility, an electric vehicle manufacturing company, has seen the most drastic decline in its financial performance for the fiscal year 2024, or FY24. In

Travel-tech brand IntrCity, parent company to SmartBus and RailYatri, has hit the milestone of a massive turn in its financial journey during fiscal year 2024 (FY24). The firm delivered revenue

InCred Finance, the consumer and MSME lending arm of the InCred Group, announced the appointment of Gaurav Maheshwari as its Chief Financial Officer, effective December 16, 2024. This strategic move

India Accelerator (IA), which is one of the most well-recognized seed-stage startup accelerators in the country, has formally initiated its 2025 Cohort, promising to invest anything between $8 million to

The Indian OTA segment has seen a strong comeback in Q2 FY25 due to the rising travel demand and the so-called “revenge travel” phenomenon. This turnaround has been quite impactful

Rebel Foods, one of the main players of foodtech industry, bagged an amount of unseen investment from a global investing company KKR. Rebel Foods had closed its biggest round so

Hyderabad-based HR tech platform Keka has reported its financial performance for the fiscal year ended March 2024. The company’s revenue went up 62% in the year-on-year scale, which is ₹78

In a strategic move to strengthen its foothold in the renewable energy sector, Godrej has raised its stake in Gurugram-based rooftop solar startup Zunroof with a fresh investment of ₹20

MobiKwik, the fintech platform that has been in the news for its digital wallet and payment services, has made a remarkable debut on the stock exchange by listing at ₹444

A firm known as Crown Veterinary Services, which has more times been referred to as Crown Vet, has just announced having attracted a private investment amount whose it wouldn’t disclose.

Gameberry, a leading mobile gaming company known for its popular titles such as Ludo Star and Parchisi Star, has reported impressive financial results for the fiscal year 2024 (FY24). The

Aye Finance, one of the leading microlending platforms that is backed by Capital G, has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India for

Edtech major upGrad has announced impressive financial results for the fiscal year ending March 2024, reporting a gross revenue of ₹1,876 crore. This is a significant milestone for the Mumbai-based

SanchiConnect, a deep-tech enablement network, has partnered with YourNest Venture Capital to invest ₹48 crore in eight innovative startups under its Velocity Accelerator Program. The acceleration program is designed to

Between December 9 and December 13, 2024, Indian startups collectively raised $635.3 million through 24 deals. It’s a healthy 155% week-to-week improvement over the earlier week where Indian startups bagged

Zepto, the quick commerce platform that has become synonymous with rapid delivery services, on Tuesday released its financial results for the fiscal year ending March 2024. The company reported a

Sarvagram is one of the promising fintech start-ups working on providing financial services to the rural and semi-urban population of India. It has managed to garner a large amount of

It aims to significantly enhance the retention of employees by elevating employee engagement-Shiprocket, the leading logistics and supply chain enablement services firm, in a boost move for ensuring its high

Clear, formerly known as Cleartax, has witnessed a significant financial turnaround in its latest fiscal year with an impressive 93% revenue growth that has touched Rs 210 crore for FY24.

In a significant development for the foodtech sector, Rebel Foods announced that it had closed its Series G funding round, with $210 million raised in the process. The Singapore-based global

Wealth management platform Scripbox has achieved a significant revenue growth to ₹84.33 crore for the fiscal year ending March 2024. This is an increase of 44.4% from ₹58.4 crore of

MobiKwik, a fintech platform originated from Gurugram, has begun its initial public offering on good investor demand. The public issue was subscribed four times in just four hours from the

Haber, a B2B robotics manufacturer specializing in AI-driven industrial automation, closes $44 million in series C funding. Led by the significant investors Creaegis, BEENEXT, and Accel, the round is $38

E-commerce leader Amazon India is set to enter the fast-growing quick commerce segment with a pilot service in Bengaluru, moving straight into competition with players such as Swiggy Instamart, Blinkit

MPL, one of the leading skill-gaming platforms, the Mobile Premier League has gained a significant stake in CloudFeather Games-a company. This is backed by Lumikai. The strategic move is aimed

Redcliffe Labs, an online diagnostic platform backed by Leapfrog Investments, reported the milestone for the fiscal year ending March 2024, at ₹348.38 crore. This marks a growth of 11% compared

PC: Business Standard  Bengaluru and California-based spacetech startup Pixxel said on Tuesday it closed another $24 million in funding under the Series B round, following new investors M&G Catalyst and

PC: Business Standard  Personal loan and digital lending platform, CASHe, headquartered at Mumbai, has announced its financial performances for the fiscal year concluded in March 2024. For a company that

PC: Business Today  Ranjit Babu, who headed consumer electronics at Amazon India, has reportedly left the company. This is the latest in a series of high-profile exits from the e-commerce

Between December 2 and December 7, 2024, the Indian startup ecosystem saw a strong uptick in funding. Startups collectively raised about $249.6 million in 18 deals. That is an impressive

Plum Insurance, an employee benefits and healthcare platform that has the backing of Tiger Global, has managed to put on quite an impressive show for the fiscal year ending March

Roto Rudra, one of the prominent players in the renewable energy sector, announced having bagged 400 orders for its solar pumping solutions. This order bagging shows the growing demand for

Bengaluru-based home furniture and sleep solutions company Wakefit has delivered a successful fiscal year 2024 (FY24), with Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of ₹65.9 crore. The positive

PC: Viestories  Orange Health Labs is the latest innovative health care startup that has bagged a funding round worth $12 million led by Amazon Smabhav. This milestone comes at a

PC: The Economic Times  In recent days, the Gurugram-based fintech company, MobiKwik filed its Red Herring Prospectus with SEBI, under the proposed fresh equity infusion worth ₹572 crore with the

Enterprise-class, AI-native company Uniphore announces strategic acquisitions of two data companies, ActionIQ and Infoworks, in pursuit of creating an even more comprehensive, end-to-end Enterprise AI platform to deliver what it

K12 Techno Services, the company behind the Orchids school brand, has shown excellent financial performance in the fiscal year ending March 2024. Reporting a revenue of ₹429.2 crore, the firm

The Money Club, an innovative on-demand liquidity platform, has raised $2.5 million in a Series A round led by Prudent Investment Managers. The funding round included investments from high-net-worth individuals

The Indus Valley, a direct-to-consumer (D2C) kitchenware startup based in Chennai, has successfully raised ₹23.1 crore in its pre-Series A funding round, marking a significant milestone for the company after

Pine Labs-backed Mosambee, which provides mobile point-of-sale solutions, has also done well. For the fiscal year ended March 2024, Mosambee has witnessed growth, garnering ₹240 crore revenue, up a strong

WickedGud, a direct-to-consumer (D2C) food products brand co-founded by Bhuman Dani has raised ₹20 crore in a funding round led by Orios Venture Partners. The round also saw participation from

The CarDekho Group, a firm running a set of car platforms including CarDekho, InsuranceDekho, BikeDekho and PriceDekho among others, said its topline for FY2024 declined a modest 3.5%. Its operating

PC:Yourstory.com Imaga Trade and Craft Pvt Ltd owned waste management startup, Bumboo has managed to close its first round of angel funding. It managed to raise funding from the hands

Pathway, a new data company focused on building live AI systems, has raised $10 million in its seed funding round. The funding round was led by TQ Ventures, and it

Mumbai-based fraud prevention software platform RaptorX has managed to close the pre-seed round worth Rs 4 crore. PeakXV Spark, EagleWings Ventures, and Point One Capital co-led the round, with participation

Between November 25 and 30, 2024, the Indian startup ecosystem experienced a slowdown of the funding activities. Here, as a total of 18 startups managed to raise an estimated $54.43

Anandamoy Roychowdhary, a senior partner at Peak XV Partners, formerly Sequoia Capital India, has left the firm after more than 11 years. This marks the second senior-level exit in the

Cleartrip, the online travel agency owned by Flipkart, reported significant financial challenges for the fiscal year ending March 2024. According to its annual financial statements, the company spent a staggering

Nazara Technologies-backed NODWIN Gaming has announced the acquisition of gaming agency Trinity Gaming in a deal valued at ₹24 crore or approximately $2.8 million. This strategic move will see Trinity

Zomato Limited successfully raised ₹8,500 crore through a Qualified Institutions Placement (QIP) of equity shares, which marks a significant step in the strategic funding of the company. The offer opened

Bloom Hotels, a prominent player in the hospitality sector, has announced remarkable financial results for the fiscal year ending March 2024, showcasing a revenue of ₹250 crore. This figure represents

The water-tech startup Althion from Hyderabad was able to successfully raise ₹3.6 crore in its pre-Series A funding round. IAN Group-powered BioAngels were the leading players here. Other investors who

Homversity, a fast-rising platform focused on student housing networks, has raised a pre-Series A funding worth $1 million. Leading the round was Shur-UP, with notables Inflection Point Ventures (IPV), Value

PC: The Entrepreneurs  Members-only women professionals and leaders’ platform Ladies Who Lead has raised $1 million in its pre-Series A funding round. Led by Rainmatter, the investment firm founded by

Uber, one of the biggest ride-hailing companies, launched the loyalty program ‘Uber One’ in India, aiming at improving the company’s engagement with its customers. The company introduced its users to

It was a major fillip to the electric vehicle business after Delhi-based commercial EV leasing and asset management company ALT Mobility received $10 million funding under its Series A funding.

Meesho, a leading horizontal e-commerce platform, has developed a new Gen AI-powered multilingual voice bot, which promises to drive personalized, human-like customer support at scale and cater to the needs

True Diamond, a promising startup in the lab-grown diamond sector, has successfully raised $1 million in a seed funding round. The funding round saw participation from Titan Capital, Huddle Ventures,

Bounce-which is one of the Bengaluru-based electric scooter makers-is likely to post a really sharp rise in its financial performance, targeting an annualized revenue of more than ₹150 crore for

Lendingkart, a leading non-banking financial company (NBFC) with specialization in work capital and business loans to small and medium enterprises (SMEs) in India, today announced its results for the fiscal

Yet another milestone acquisition in a boost for the Indian startup ecosystem: Elchemy, a cross-border specialty chemical distribution platform, has raised $5.6 million, approximately ₹47 crore, from Prime Venture Partners

In a major move aimed at furthering its competitive edge in the foodtech and quick commerce space, Zomato has obtained shareholder consent for raising ₹8,500 crore through Qualified Institutional Placement,

Indian startups saw significant investment during the week of November 18 to 23, 2024, while at least 23 startups collectively raised about $595.86 million in total funds. Compared to the

A significant development in the Indian tech landscape is that Binny Bansal, the cofounder of Flipkart, has resigned from the board of directors of PhonePe. This development marks Bansal’s complete

The early-stage venture capital fund, 8i Ventures, recently opened the applications for the second edition of its pre-seed funding program, Origami, to back innovative early-stage founders. The new edition is

Zepto, the rapidly growing quick commerce company, has successfully raised $350 million in its latest funding round, bringing its total capital raised in 2024 to an impressive $1.35 billion. This

Bengaluru-based SaaS edtech firm Teachmint reported impressive financial results for the fiscal year ending March 2024 with remarkable doubling of its revenue and significant reduction in losses. As per its

Noida-based insurtech firm Zopper has bagged $25 million in Series D funding from Elevation Capital, Dharana Capital, and Blume Ventures. According to reports, this funding marks a major milestone for

PC: Omidyar Network India CredFlow, a Delhi-based fintech startup, has successfully secured $3.7 million (approximately ₹31.2 crore) in a pre-Series B funding round. This round was co-led by existing investors

Doodhvale Farms, a Delhi-based dairy startup, raised $3 million in Series A funding co-led by Atomic Capital and Singularity Early Opportunities Fund. Bharat Founders Fund, Indigram Labs Foundation, along with

Taqtics is an exciting SaaS company that brings help to improve business store operations, having raised an initial seed funding round of $1.2 million. Its leadership round was performed by

Billion Hearts, a new consumer tech startup co-founded by Mayank Bidawatka, has just concluded a successful round of funding amounting to $4 million raised with prominent early stage venture capitalist

Baanhem Ventures, the engineering minds behind the business reality TV show Startup Thamizha, has successfully raised ₹3.3 crore through a new funding round led by GoFrugal Technologies founder Kumar Vembu

CADRE ODR, an innovative online dispute resolution (ODR) platform, has just completed its round of raising $200,000, and this has been raised in an ongoing pre-Series A funding round. The

Bengaluru-based beverage firm Paper Boat has secured revenue of ₹585 crore for the fiscal year ending March 2024, as against ₹504 crore in FY23, a 16% year-on-year growth that will

The D2C mattress and sleep solutions company, The Sleep Company, said that its revenue witnessed a fantastic growth at 2.5X for the fiscal year ended March 2024. Revenue from operations

HealthKart, the largest omnichannel nutrition platform, has raised $153 million in a funding round led by ChrysCapital and Motilal Oswal Alternates, that have been joined by existing investor A91 Partners

The Gurugram-based provider of personal mobility solutions, Park+, reported revenues of ₹131 crore as it comes out with its fiscal performance for March 2024, which reflects a commendable year-on-year rise

mCaffeine, a most promising personal care and beauty brand due to its range of caffeine-infused skincare and haircare solutions, announced that it had experienced a revenue loss in the fiscal

Indian direct-to-consumer (D2C) beauty brand Sugar Cosmetics reported its quarterly financials. Here are the fiscal 2024 results and revenue, which stand at ₹505 crore. Growth was upped 20% from the

Indian startups have had an eventful week, raising a total sum of around $182.62 million by 24 of them. The Indian startup ecosystem still attracts investor confidence with three growth-stage

Indian quick-service restaurant chain Burger Singh has announced FY24 results, which have been accounted for up to March 31. Much as revenue has grown at ₹77.7 crore, a gain in

PC: TechCrunch  Delhi-based vehicle intelligence firm Vecmocon Technologies claims to have raised $10 million in the initial tranche of its Series A funding. The round saw EIF leading it, along

Hydrogen Mem-Tech is a Norway-based start-up firm focused on hydrogen separation technology raises strategic funding co-led by Peak Sustainability Ventures and London-based AP Ventures, bringing it an important partner in

Gurugram-based legal tech startup, LegalKart, that focuses on emerging areas in the legal tech space, has raised ₹6.5 crore in funding led by IIM Udaipur Incubation Centre. The firm had

Mushin Innovative Labs is a Delhi-based SaaS startup that has raised $250,000 in its seed funding round led by IPV. This raised amount will further be utilized in developing sales

Bengaluru-based jewelry startup Giva reported today that operating revenue for the fiscal ending March 2024 stood at ₹274 crore, higher by 66% from ₹165 crore in the previous fiscal year.

Pikndel, a same-day delivery service company from Delhi has completed seed funding worth $1 million funded by VC Grid, who led the round. This round saw participation from some diversified

Funstop Games, a nascent casual gaming studio headquartered in Delhi, has raised $5 million through its Series A funding co-led by 360 ONE Asset and InfoEdge Ventures. That is indeed

Rapido, the backed mobility unicorn by Prosus, has said that its operating revenue has risen to nearly ₹ 650 crore for FY24. This has reflected a growth of 46.3% year-on-year

Infibeam Avenues Ltd, headquartered in Ahmedabad and offering digital payments and e-commerce solutions, achieved a major milestone as its revenues crossed ₹1,000 crore during the second quarter of fiscal year

As a result, the Neo-banking startup Jupiter has shown stellar financial growth in FY 2024 with sevenfold growth in its operating revenue. The company, promoted by Peak XV Partners, said

Hyderabad-based sustainable footwear startup Neeman’s recently appointed a former executive from Skechers as its chief financial officer, Sumit Maloo. At a time when the company is planning to scale its

Edtech startup Bhanzu has raised $16.5 million funding in a round led by venture capital firm Epiq Capital. This gives Hyderabad-based the company a valuation of around $120-122 million. Mumbai-based

Bengaluru-headquartered stock broker Groww has achieved an impressive milestone as a member of the Indian fintech ecosystem, seeing a meteoric rise in its active user base – it now stands

Amazon India’s marketplace has delivered a fiscal year of ₹588.6 crore adjusted EBITDA in FY 2024, marking a strong reflection of the group’s continuing growth trajectory. The momentum towards consolidated

Bengaluru headquartered cloud media SaaS technology company Amagi has turned out to report impressive growth while losing much less compared to the past fiscal year recently closed. The company had

During the week of November 4 to 9, 2024, the Indian startup ecosystem was witness to strong funding activity wherein 25 startups raised about $138.7 million. This week’s funding was

Ola Electric filed its earnings results for the September quarter of FY25 reporting net loss of ₹495 crore. According to the report, this is said to be narrower than what

Perfios, a SaaS-based B2B fintech firm has set the bar pretty high with tremendous growth in the fiscal year ending March 2024 where the revenue has recorded a staggering 37.1

Uber-funded mobility startup Everest Fleet has reached the desired milestone in its growth trajectory, with over two-fold growth in revenue with equally impressive profit margins in FY23-24 ending March 2024.

Bengaluru-based AI start-up Thesys has raised $4 million in funding led by venture capitalist Together Fund. Eight other venture capital firms have also joined the company as investors. This funding

Bengaluru-based deep-tech startup Nexstem recently raised $3.5 million in funding, co-led by prominent investors including InfoEdge, Zupee, Smile Group, and duo Nikhil Kamath and Abhijeet Pai from Gruhas. This funding

Boldfit, a direct-to-consumer fitness startup, has brought in ₹110 crore (~ USD 13 million) in a new round of funding led by Bessemer Venture Partners. This significant investment highlights growing

Astrology continues to boom in India. The latest digital astrology consultancy platform to rise to the top is AstroTalk. Based out of Noida, this platform has managed to register a

The revenue from operations in the fiscal year ending March 2024 has seen an increase of 43 percent, with the overall revenues being a tad slower at 2.5X year-over-year growth

Jar, the Tiger Global-backed gold savings platform, reported its fiscal year that ended March 2024 earnings with a staggering 5.6X growth in operating revenue and a 15 percent reduction in

Udaan, a Bengaluru-based B2B e-commerce platform, is struggling at the operational level with its scale. The revenues have flattened for the fiscal year 2024. Valuation that had touched a peak

Education Ed-tech startup Innovartan Learning Solutions has raised the pre-seed funding of ₹5 crores led by some influential investors Gokul Rajaram and Amit Singhal. This is a great step for

Turtlemint has garnered many headlines lately for its significant feats that it has made recently. The insurtech firm was able to raise $120 million in the Series E funding round

Infancy and pediatric nutrition health-tech platform, Viraa Care managed to secure a pre-seed funding round worth $108,000 from a group of European angel investors. The newly raised funds follow the

Cashfree Payments, one of the major players in the digital payments space, reported flat revenue growth for the fiscal year ending March 2024. The company’s revenue from operations increased by

PC: Entrackr  The community management app MyGate has come up with very impressive financial results for the fiscal year 2024. The operating revenue has achieved a 35% growth year-on-year. Moreover,

Code B published an analytical review on AI funding in 2024, covering important trends and investment patterns in this field. A new study on the ways in which venture capital

The results announced by Adani Enterprises were spectacular for the second quarter of FY25, posting consolidated net profits at Rs 1,742 crore with a whopping 664% year-on-year increase. When the

Gross collections at the Pune-based logistics unicorn ElasticRun, or Ntex Transportation Services Private Limited, were surprisingly down 48.6% on the fiscal year that ended March 2024. The firm meanwhile managed

PC: Mercom India  New Delhi: Money from corporates flooded the energy storage sector that reported $17.6bn in 83 deals till 27 September 2024 as per a report compiled from Mercom

Vridhi Home Finance, a rising housing finance company, recently closed its Series B round with ₹310 crore raised by Norwest Venture Partners as the lead investor. The founders and existing

Flipkart Internet Private Limited, the B2B arm of Walmart-owned Flipkart, said that the gross revenue stood at impressive 26.4 percent growth with gross revenues having crossed Rs 70,000 crore for

A leading agritech platform, Arya.ag, has received an agreement worth $19.8 million from the United States International Development Finance Corporation, DFC. This is part of a debt facility that will

On the on-demand home services landscape, an interesting development: startup COOX, known for its name and associated diversity in service offerings, has just closed a seed funding round worth $125,000.

IDFC First Bank had reported a substantial drop in its standalone net profit for the second quarter of the fiscal year. It recorded a decline of 73% year on year

PC: Vestbee Altogether 21 Indian startups raised around $187 million in funding during the week from a mix of growth and early-stage investments. This week had four growth-stage deals worth

PC: Institute of Entrepreneurship Development AquaExchange, the full-stack aquaculture tech firm based out of Bhimavaram, has announced operating revenue growth by 36% year on year at ₹104.88 crore for the

PC: Bizcommunity Venture capital funding has seen a remarkable year-on-year uptick of 50.4% in the first three quarters of 2024, rising to $8.3 billion, with data gathered by GlobalData revealing

PC: Pune.News Go Digit General Insurance Ltd on Monday announced the Q2 FY25 results, in which operating revenues grew marginally but registered challenges of slowing premium income and mounting costs.

PC: Viestories  NG EarSafe, a pioneer of high-end open-ear headphones, has secured ₹1.06 crore of seed funding from Inflection Point Ventures. The strategic investment will boost brand awareness and market

PC: Finshots In quick commerce, the leading player Blinkit launched the Equated Monthly Instalment (EMI) payment option for its customers. It will allow them to pay orders above ₹2,999 via

PC: The Economic Times  On Wednesday, GMR Group said it had raised ₹6,300 crore in debt funding from the Abu Dhabi Investment Authority. Proceeds would be utilized in refinancing the

PC: Entrackr  The young wellness brand, WishNew Wellness, launched 2022 by Karan Khurana and Pranshu Singh claimed a valuation of $5.65 million on achieving its latest round of angel funding,

PC: Linqto Moglix, the B2B digital e-commerce platform, reported a modest revenue growth of 5.5 percent in FY24, down from a strong FY23 at 82.6 percent. Even though that slowdown

PC: The Economic Times  Foodtech and quick commerce leader Zomato has announced a bumper quarter-on-quarter growth at 68.5% in operating revenues at ₹4,799 crore for the second quarter FY25 from

PC: Entrackr  DriveU today declared the culmination of fiscal year ending March 2024 with impressive revenue growth of 66 percent. Again, as in the previous year, this revenue growth has

PC: Mint One97 Communications Limited, the parent company of Paytm, continues to demonstrate resilience and growth in the dynamic financial landscape, as evidenced by its robust performance in the second

PC: VCCircle  PhonePe, which is a digital payments platform, continued to gain great deals of limelight by the fiscal year end of March 2024. Almost a billion dollars in funding

PC: Inc42 One of the leading full-stack financial services platforms, Groww, which was funded by Tiger Global, today announced impressive growth and financial success for fiscal year ended March 2024.

PC: Moneycontrol  Co-founder and CEO of Zomato Deepinder Goyal has founded a personal venture called Continue, supposed to deal with health tracking, mental wellness, etc in his more ambitious diversification

PC: The Economic Times  The latest development in the dairy tech space was Stellapps Technologies securing Series C funding in the form of $26 million. The funding round involved equity

PC: re.cap In entrepreneurship, high-value funding is the holy grail to be able to scale with a startup and leave a mark in a respective industry. A lot happened in

In yet another major development in the instant food and beverage products segment, Yu, an emerging firm in the same space, has managed to raise INR 55 crore in a

Venture capital firm 8i Ventures has hogged the limelight in the investment world with an eventful exit from M2P Fintech, where it managed to garner a staggering 12x returns after

Edtech unicorn Eruditus has closed a Series F funding round, securing $150 million in investments. TPG’s The Rise Fund is leading the investment drive. Existing investors Softbank Vision Fund 2,

Febi.ai, an accounting and tax management platform, has just closed its $2 million pre-series A funding round with the investment that came from luminaries such as investment house Lumis Partners,

PC: Retails Updates Aditya Birla Digital Fashion Ventures Ltd (ABDFVL) raised its stake in direct-to-consumer fashion brand WROGN by 15.74% by way of a fresh investment of around Rs 75

PC: Inc42 Lending and payments startup Slice has significantly strengthened its financial muscles by bringing in a hefty amount of Rs 71.7 crore ($ 8.6 million) from founder and CEO,

PC: CNBC TV18 In the shifting paradigm of fintech, BharatPe has made a place for itself, marking phenomenal growth coupled with strategic steps towards an embedded strong presence. Its FY24

PC: digital terminal  The dynamic realm of short video entertainment in India has witnessed significant shifts, with the recent merger of MX TakaTak and the pivot of Chingari, leading to

PC: The Economic Times  In the latest development highlighting growing focus on elder care and senior living solution innovation, Bengaluru-based startup Primus Senior Living has successfully bagged a seed funding

PC: VCCircle  Navi Finserv, in furtherance of its plans to boost its financial muscles and improve its market position, successfully closed a $24.5 million loan securitization transaction with Goldman Sachs

PC: John Deere India A favorable development for the agricultural machinery sector, as reported by Tractor Junction: a report has emerged with excellent financial performance of the year 2024 with

PC: Entrackr  E-commerce roll-up platform Evenflow has raised an undisclosed amount in a bridge round from serial entrepreneur Shail Patel and existing investors in the course of its ongoing Series

PC: Indian Retailer  Giva, the Indian omnichannel jewelry startup, announced a $34 million extended Series B round, building on a strong indicator of the Indian startup ecosystem. The round was

PC: The Economic Times  Recently, shutting shop added a SaaS startup, Toplyne, to the list of failures, bringing attention to the ethics of start-ups in their actions and the financial

PC: MediaNama It becomes one such historic month for the UPI ecosystem in September 2024, as total transactions exceeded 15 billion for the first time since it began in April

PC: Entrackr  Leading platform managing electronic devices’ lifecycles, Servify has stepped up its financial performance by reporting Rs 755 crore of revenue during the fiscal year 2024. Strategic initiatives, a

PC: Solondais In a first-of-its-kind content-to-commerce platform, The Good Glamm Group today announced the acquisition of Sirona Hygiene in all cash for Rs 450 crore. This is one of the

PC: Indianext In the just-closed massive Series C round, the pioneering B2B robotics startup Haber has raised as much as $38 million in investment. As per reports from Entrackr, this

PC: Moneycontrol  Indian Startups have seen one of its biggest milestones: employees in the country’s various tech companies have, together, exercised an impressive $1.7 billion since 2020 in Employees Stock

PC: Entrackr  Audio streaming giant Kuku FM announced revenue of Rs 88 crore for the fiscal year 2024. However, it has spent Rs 100 cr within the same fiscal period

PC: Business Wire  Physical therapy professional SaaS platform SPRY Therapeutics raises significant funding of $15 million, from top investors, including Flourish Ventures, Together Fund, and Fidelity’s Eight Roads and F-prime

PC: Entrackr  The first to issue an announcement with a healthy topline was Pine Labs India, the fintech and payments leader, with a decent revenue for fiscal year 2024 at

PC: Entrackr  DCGPAC, one of the most diversified companies in the packaging space, reported impressive profitability during FY 2024 with revenues closing in on Rs 100 crore. The success surely

PC: The Economic Times  Gurugram-based consumer electronics firm boAt is likely to report a flat revenue expansion for FY20 ended March 2024. However, the company has considerably reduced losses by

PC: News18 Ola Electric, the leading manufacturer of electric vehicles, recently found itself at the receiving end of the stick as the Central Consumer Protection Authority (CCPA) issued a show-cause

PC: Inc42 Info Edge – that company which brings Naukri, 99acres, and several more to the arena, is all set to roll out its unaudited financial numbers for Q2 of

PC: Stellaris Venture Partners Mumbai-based direct-to-commerce (D2C) fashion brand Zouk is said to be in advanced talks with investors regarding raising a new funding round. It will be the first

PC: Pro/MFG Media Garuda Aerospace, the firm backed by cricketing legend M.S. Dhoni, has raised a total sum of $33.4 million. The amount was raised through eight rounds of equity

PC: Entrackr  The Indian startup landscape remains fluid at best. Last week was no different-from funding to acquisition, appointment of key personnel, and market insights.  Here’s an attempt to sum

PC: The Statsman In a significant development for the financial sector, Wealthy has reported a remarkable increase in revenue, more than doubling its previous figures. This impressive financial performance highlights

PC: The Economic Times  In a blockbuster development for the specialty chemical manufacturing industry, cross-border platform MStack, specializing in specialty chemicals, has raised $40 million from its Series A round.

PC: News9live In a strategic decision to hold onto and retain talent, food tech giant Zomato has launched an Employee Stock Option Plan worth Rs 328 crore (approximately $39.5 million)

PC: EV Tech News A significant fillip in the Indian electric vehicle landscape comes in the form of a recently achieved Pre-Series A funding round amounting to $2 million by

PC: Ketto This is for the first time that something new is happening in the healthcare sector; the startup for cancer, Oncare, has raised $1 million of seed funding to

PC: The Indian Express Cutting-edge company OpenAI-which created the revolutionary ChatGPT and several mindblowing AI breakthroughs-raises an unprecedented $6.6 billion in new funding. This gigantic infusion will push the valuation

PC: NDTV Profit  Things have started looking a little ugly for the past three months for homegrown electric two-wheeler manufacturer Bengaluru -based Ola Electric as its market share shrinks. According

PC: Telengana Today  A new high was marked by the Unified Payments Interface, which clocked over 15 billion transactions in a month for the first time-ever in September, said the

PC: Inc42 Waycool, one of the best-known agriculture supply chain firms in Chennai, recently made headlines as it successfully concluded a series of debt financing of Rs 100 crore or

PC: Entrackr A major set back to the agritech landscape came in the form of news that promising startup Greenikk was shutting shop due to funding challenges and unfavorable market

PC: The Economic Times  InCred Capital, the institutional and wealth arm of the esteemed InCred Group, is in advance negotiations to raise a big $50 million fundraise, according to those

PC: Fortune India Indian fintech company BharatPe has agreed to a settlement with co-founder and former managing director Ashneer Grover, ending their six-month contention. The agreement ends the six-month tussle

PC: Medial The ed-tech major in India, Unacademy announced that Abhishek Pipara would be the next Chief Financial Officer for its offline business arm, Unacademy Centres. It had informed its

PC: Josh Talks Recent development: Josh Talks, an Indian startup which is barely a decade old, has really impressed. By the fiscal year 2024, the company has managed to acquire

PC: People Matters The Indian startup ecosystem is still in constant change due to a lively mix of funding activities, strategic acquisitions, and key market movements. The week between August

PC: Moneycontrol  It is given that the edtech space is changing at a very high rate, and Bengaluru-based unicorn Vedantu has thus raised the debt and equity capital in a

PC: The Economic Times  Uppercase, a three-year-old luggage brand, claims to have recorded a six-fold revenue rise that reached as high as Rs 62 crore. This milestone has confirmed the

PC: Hindustan Times Any news out of Bengaluru-based Curefoods is something to look forward to. The cloud kitchen player made an important announcement recently by closing a significant debt funding

PC : Medical Buyer The healthcare technology landscape is full of exciting news as Mumbai-based startup Qure.ai, a global flagbearer for healthcare AI innovation, is going to great lengths to

PC: Entrackr  New developments are breaking for the space of online education, as the learning-focused OTT platform Seekho based out of Bengaluru is set to close its new funding round

PC: Entrackr Omnichannel jewelry company, Giva, has closed an extended Series B funding round with $12 million (£9.4 million) raised from Premji Invest. Giva has used the funds raised in

PC: Entrackr  Ahammune Biosciences, a pioneering biotech startup based out of Pune, has made major headlines recently with it raising a sum of $5 million in funding in a Series

PC: Entrackr Coding Ninjas, one of the best-known companies in the edtech space, has just released its FY24 results. Still a market leader in the online learning space, the company

PC: Moneycontrol  In a recent blog post, the co-founder and CEO of Zerodha-the popular stock broking platform-revealed some great financials from this fiscal year. During FY24, Zerodha racked up more

PC: Infomance The visa processing platform Atlys closed $20 million in recent Series B funding led by Peak XV Partners and Elevation Capital, with existing and new investors DST Global

PC: Viestories M2P Fintech, the company that delivers an API infrastructure platform, has created huge buzz in the financial technology landscape having raised a highly successful round of fundraising with

PC: The Economic Times  The neobank industry has opened up discussions with the latest financial report as a leading player opened FY24 results which disclosed a revenue drop of Rs

PC: Entrackr  Ayurvedic nutrition flagship D2C brand Kapiva has raised its latest funding round of Rs 83.5 crore or $10 million led by OrbiMed Asia and joined by 3One4 Capital

PC: Business Standard  Redcliffe Labs is changing the ground in India’s health care landscape after recently announcing that it will acquire Celara Diagnostics. The firm had completed its second acquisition

PC: 123RF Indian start-up landscape over last week had a play of funding activities, new fund launches, key hirings and departures and other important developments on the mergers and acquisitions

PC: Hotel Management  In a play of strategic positioning slatted to take shape the hospitality industry, OYO made known that it had agreed to acquire G6 Hospitality, owner and operator

PC: IdeaBuddy Dubai is pushing itself further as a technological leader in innovation and investment. A string of big funding announcements this week emblematic of the entrepreneurial boom gripping the

PC: Medial A big development in the fintech landscape has come through with Aye Finance raising a big Rs 250 crore ($30 million) funding in its latest Series G funding

PC: The Economic Times  GrayQuest-an education loan-focused fintech startup-is set to raise a whopping Rs 53 crore ($6 million) in the Series B funding round where Pravega Fund and IIFL

PC: Stark Times Physics Wallah has received a new round of funding of $ 210 million in its latest Series B funding led by Hornbill Capital, and along with it

Everest Fleet, one of the prominent names in the mobility startup space has managed to raise Rs 251.7 crore (approximately $30 million) in its Series C funding round, with ride-hailing

PC: IndiaTechDesk A heavily talked-about Chennai-based API infrastructure platform M2P Fintech, which was earlier known as Yap, has raised Rs 417.5 crore ($50 million) from Taj Investment Holdings, according to

PC: Zee Business  Bengaluru headquartered leading blue-collar recruitment platform Vahan.ai recently announced raising $10 million as part of Series B round, led by Khosla Ventures. Notable names, including Y Combinator,

PC: Medial A financial services startup, Kaleidofin, has announced a major milestone in securing $13.8m funding from Rabo Partnerships-a Netherlands-based financial inclusion and rural development-focused subsidiary of the Rabobank Group,

PC: afaqs The latest initiative by the co-founder of vernacular microblogging platform Koo, Mayank Bidawatka is Billion Hearts Software Technologies. The startup just closed off a successful angel round with

PC: Medial Proxgy is actually a deep-tech startup; the company has successfully closed a funding round led by Manish Patel. However, others in the round are Nikhil Kamath, Suniel Shetty,

PC: Give Refer EaseMyTrip is an online travel aggregator platform that has been at the forefront of strategic moves in adding more services to its portfolio through key acquisitions in

PC: India.com PhonePe, the payment firm wholly owned by Walmart Inc has emerged as the leader in the Unified Payments Interface space of transactions wherein a market share of above

PC: The Economic Times  Ola Electric, the Bengaluru-based electric vehicle maker, would probably be at EBITDA breakeven by March 2027, based on its estimates, Goldman Sachs recently said in a

PC: ETEnergyworld.com India managed to score a very huge financial commitment that sums up to 386 billion dollars as it helps to back the country’s expansion of renewable energy capacities.

PC: Entrepreneur Infra.Market, a construction goods and services provider platform, has raised up to Rs 150 cr or about $18 million in the Series E2 funding round. Infra.Market has raised

PC: The Financial Express  The star performer in the financial domain was Bajaj Housing Finance, which romanced its listing day on Monday, September 16, with a stellar show. Shares got

PC: The Economic Times  OpenAI, one of the leaders in AI technology, with innovative applications such as ChatGPT, is close to securing a record-breaking funding round worth $6.5 billion. This

PC: The Economic Times  Procmart, the fast-growing e-commerce entity, has been making it to the highlight of several news portals with its magnificent performance in FY 2024. The Company’s Gross

The Indian startup ecosystem saw yet another spree of funding rounds and acquisitions from 09-14 September 2024 as buoyed entrepreneurs reflect the resilience and innovation driving the entrepreneurial landscape in

PC: Inc42 Indeed, employee healthcare platform Onsurity has sent ripples into the startup ecosystem with its latest funding round. The round, valued at Rs 219 crore or $26.4 million, was

PC: The Economic Times  In the latest development in the direct-to-consumer skincare and beauty vertical, Peak XV, along with Stellaris Ventures, Sofina Ventures, and Fireside Ventures, together sold shares worth

PC: Yes Punjab News In what can be termed a big coup that sent ripples across the gaming landscape, Nazara is set to invest Rs 982 crore in Moonshine Technology,

PC: Justdial  MoneyView, one of the largest consumer lending platforms in India, has reportedly grabbed unicorn status after a successful round of funding from its existing investors Accel India and

PC: The Economic Times  In a thrilling turn of events, Dhan has taken things to the next level, which is basically the brainchild of former Paytm Money executive Pravin Jadhav,

PC: Grapevine Centricity, a Gurugram-based fast-growing wealth-tech startup, has raised $20 million in its seed funding round led by Lightspeed. The funding round also saw participation from Paramark VC, along

PC: The Economic Times  In one of the big developments in the fintech lending sector, Mumbai-based NBFC-fintech lender FlexiLoans has raised about Rs 290 crore, or $35 million, in its

PC: NH1 Design  In one of the major developments in the world of HRTech, leading player HROne-known for its innovative solutions-announced its landmark Pre-Series B funding round of USD 4

PC: The Financial Express  Breaking news has hit the tech space: InMobi, a leading provider of mobile advertising network software around the world, announced another groundbreaking turn of events with

PC: VCCircle  Great news has come out of the Playbook Partners corridors, the growth capital firm that announced a big milestone with the first close of over 130 million dollars

PC: The Economic Times  This country’s spiritual tech ecosystem has gotten another boost. AppsForBharat, the parent company of Sri Mandir, a devotional app, has raised $18 million in its Series

PC: Business Today  Food delivery and quick commerce player Swiggy plans to raise an impressive amount of Rs 5,000 crore ($602 million) through a fresh issue related to its proposed

PC: Moneycontrol  Ather Energy is one of the leading electric two-wheeler companies that have been in the news lately for filing its DRHP with the Security Exchange Board of India,

PC: Business Standard  Porter, a leading Indian startup in the logistics and transportation space, sent ripples with its stellar show of top-line performance on the back of fiscal 2024. The

PC: Medium A recent crackdown by the Reserve Bank of India on peer-to-peer lending has sent ripples across the industry. Investors who have used MobiKwik’s Xtra are in a tizzy

PC: The Economic Times  The Indian Semiconductor Mission is all set for a big financial boost. Reports are doing the rounds that funding for the same will be increased by

PC: Techcircle September’s first week kicked off on a high note for Indian startups, as far as funding was concerned. For the week spanning September 2 to September 7, Indian

PC: The Economic Times  In the latest turn of events, Indian educational technology company Byju’s has dug itself deeper into trouble as its auditor, BDO, resigned due to a lack

PC: Forbes  In the wide investment universe, space technology is again hogging the limelight of investors. Chatter in the venture community is centered on the huge funding seen by space

PC: The Economic Times  VentureSoul Partners, a SEBI-registered Category II AIF, announced that it has secured the first close of its maiden fund at Rs 146.5 crore against its ambitious

PC: Mint Tata-backed Starbucks India has posted a revenue of Rs 1,218 crore in the fiscal year 2024, the recent financial update showed resilient performance with challenging market conditions. At

An elaborate legal battle pitting Gameskraft against Arthmate, a SaaS-based lending enabler, has culminated in two unfortunate incidents: the arrest of its co-founder and former CEO, Vihaan Kumar; the high-level

Ather Energy, a well-known electric scooter maker, has reached an important milestone by entering into the coveted unicorn club after a substantial $71 million infusion of funds from an existing

PC: Inc42 In one of the largest funding rounds in India’s ride-hailing space, Rapido has raised USD 200 million in its Series E funding round, led by WestBridge Capital. Key

In what promises to be a game-changer for the B2B financial management space, Valyx, a leading-edge platform that helps automate the billing and receivables process to optimize cash flow and

Bluestone is a well-recognized omnichannel jewelry retailer with a wide product range that caters to both the men’s and women’s segments. The company has successfully closed its latest funding round

In a key milestone for the backpacker hostel industry, The Hosteller, one of the leading chains of experiential and budget-friendly hostels, announced that it has successfully closed Rs 32 crore

BigEndian Semiconductors, a fabless semiconductor start-up pioneer, has reportedly raised $3 million in a fresh seed funding round. The venture capitalist mighty Vertex Ventures SEA & India has led this

In yet another important moment for the crypto world, 0xPPL, a social network for crypto natives, has just closed a strategic funding round from prestigious venture capital investors such as

In a key development, auto ancillary company Hindustan Composite has acquired a minority stake in IPO-bound online food delivery company Swiggy. The strategic investment by Hindustan Composite comes close on

Insurtech startup Go Digit General Insurance has been slapped with more than INR 26.5 lakh in tax demand and penalty orders pertaining to goods and services tax. Go Digit said

Moneyview, a Bengaluru-based lending platform, is set to receive an infusion of Rs 250 crore in debt through private placements. This would be a big milestone for the company. The

Known for its innovative ways, Fampay has introduced Namaspay, a UPI-powered payment application designed for foreign travelers in India. This is a strategic move to encash the upcoming trend of

This week, startup funding in India saw a dramatic spike to 31 startups raising around $490.32 million. Of the total deals this week, seven were growth-stage deals, and 19 early-stage,

Craft coffee and bakery chain Blue Tokai has closed a $35M Series C funding round led by Verlinvest, a fully integrated investment platform. Other participants include Anicut Capital and A91

AGRIM, a rapidly growing B2B agritech startup, has closed its latest Series B funding round with up to $17.3 million, about 145 Cr, led by leading investment advisor Asia Impact

Clean Electric, a pioneering startup in energy storage solutions, has raised Rs 48.5 crore  in its second round of investment in the last 20 months. This accounts for a large

General Catalyst has led a $340 million follow-on financing round into Zepto, along with new investors Dragon Fund and Epiq Capital. It also saw participation from existing investors StepStone, Lightspeed,

Pilgrim, a D2C beauty and personal care firm, has raised around $9 million in an extended Series B funding round, undertaken completely by leading investors Fireside and Vertex Ventures. PC:

Miko, an Emotix-backed robotics company, has raised Rs 20.5 crore or around $2.5 million in fresh equity from a clutch of angel investors in a funding round. The fundraise is

Swiggy on Thursday announced that Amitesh Jha would lead its quick commerce business, Instamart, as the Chief Executive Officer, in a string of key leadership updates within the organisation. Amitesh

Fintech firm BharatPe has entered the consumer payments business by rebranding its PostPe app as BharatPe. In doing so, it has also pitted itself against established players like PhonePe, Google

Servify, a leading post-sales service company focused on brand-authorized support for a broad category of consumer electronics, has raised Rs 84 crore, or about $10 million, in a fresh tranche

In a bold move, Amazon is all set to make its presence felt in the growing quick commerce sector of India, with an intention to give a severe jolt to

VerSe Innovation-which powers Dailyhunt, the country’s most read vernacular news aggregator, and Josh, a fast-growing short video platform-announced its latest move: the acquisition of digital marketing firm Valueleaf Group in

YourNest and Arali Ventures have led the round of $1.6 million raised by deeptech startup DeepMatrix. Angel investors in the round include Abhishek Goyal, the founder of data-intelligence platform Tracxn.

It is now official that Oyo, one of the best known hospitality sector names, has appointed Sumer Juneja as a non-executive director. This comes days after he was inducted as

In a strategic shift, BigBasket is looking to make quick commerce the fulcrum of its entire business. owned by Tata Digital, the grocery marketplace is looking to leverage the exponential

Eruditus is one of the world’s largest learning companies, providing executive-level programs aimed at arming working professionals with tools for success. It has announced that it is in the final

Targeting to strategically empower direct-to-consumer (D2C) and ecommerce brands for the forthcoming festive season, Bangalore-based cash flow-based financing platform Velocity has launched Rs 400 crore (around $48 million) fund. This

In an extraordinary show of faith in the future of his own firm, Gaurav Kumar, the founder and CEO of Yubi, which turned into a fintech unicorn this year from

In a twist of events, the spiritual tech startup, My Tirth India, has hit the headlines after the insolvency of operations due to a deficiency in funding. The news is

In a significant development, customer conversation with Entrackr, platform Exotel has faced a data breach leading to potential exposure of its client details. Sources aware of the development said the

The week witnessed investments and strategic acquisitions by 21 startups from the Indian startup ecosystem; a massive movement of about $144.46 million. Despite the temporary breakdown mishap, activity still remains

Looking to further solidify its operations and scale its offerings, online lending platform Axio, the firm formerly known as Capital Float, has raised $20 million from Amazon Smbhav Venture Fund.

Ola Electric has seen a massive fall in its market share in the last two months, after being one of the top companies in India’s electric two wheeler space. According

Swiggy, the major food-tech enterprise, has been assigned a valuation of $14.74 billion by US investor Baron Capital, according to regulatory filings made with the US Securities and Exchange Commission

Equity investment platform powered by AI, InvestorAi, has raised Rs 80 crore in equity funding. The investors include Ashish Kacholia, one of the renowned stock market investors and founder of

PB Fintech, the parent of Policybazaar and Paisabazaar, has announced a massive expansion of its employee stock option plan, announcing a fresh scheme worth close to Rs 1,931 crore, about

Budget airline giant AirAsia has finally secured $443 million in private credit funding for the overhaul of its grounded aircraft fleet amidst the COVID-19 pandemic. This funding deal represents a

In what could be called a landmark exercise in funding for the Indian ice cream industry, Hangyo, a flagship brand for ice creams, has successfully managed to raise $25 million

B2B Sales startup Revrag raised $600,000 in its pre-seed funding round and suddenly became more potent to make that difference in the sales landscape for businesses. Powerhouse Ventures led the

PC: The Economic Times  ReshaMandi, once touted as a nimble player in the textile supply chain space, is now beset with profound operational hiccups. The company reportedly laid off its

PC: ANI News  In a big boost to the renewable energy sector, Yotuh Energy has successfully closed its Rs. 153 crore funding round led by Campus Angels Network. Several other

PC: Medial Top fintech company MobiKwik has displayed a stunning financial turnaround in the fiscal year ending March 2024. The company’s revenue stood at Rs 875 crore, a massive 62%

FlexiLoans, a fintech company providing financial solutions for micro, small, and medium enterprises, secured Rs 75 crore, about $9 million, through the issuance of non-convertible debt by JM Financial. The

The Indian startup ecosystem has been seeing a good amount of funding activities occur over the last week of 12-17 August 2024, in which 25 startups managed to raise nearly

In a strategic move to further strengthen its financial services portfolio, unicorn fintech player BharatPe raised its stake in NBFC Trillion Loans to nearly 60%. The investment is pegged at

In a big step toward going public, Ecom Express, the major Indian logistics company, has filed a draft red herring prospectus with the Securities and Exchange Board of India. With

Singapore-based digital savings and investment platform Syfe has secured $27 million in its Series C funding round. That puts a total of $79 million invested in Syfe to date, following

In what is a huge win for the fast-commerce space, fast-growing start-up Zepto, founded by Aadit Palicha and Kaivalya Vohra, has now raised USD 340 million in a new funding

AI-powered dating application Juleo’s co-founders, Chiranjeev Ghai and Varun Sud, today announced the closing of their seed fund raise of $2.5 million from a group of angel investors that includes

It was this July that the Unified Payments Interface showed a significant spurt in transaction volume by 3.95 percent month-on-month to 14.44 billion from 13.89 billion in June. This surge

All-electric intercity bus startup FreshBus closed $10.5 million (about Rs 87.5 crore) in Series A funding round. The founding secured the support of Maniv, an international early-stage venture capital fund

In a significant development for the fashion industry, FASHOR, a burgeoning fashion brand, has successfully raised $5 million in funding from Blume Ventures. This financial boost is set to propel

Beco, a Mumbai-based home and personal care brand, has successfully raised $10 million in a funding round led by Tanglin Venture Partners. This round also saw participation from Titan Winners

Gurugram-headquartered online travel aggregator Yatra has reported a steep fall in its financial performance for the first quarter of the fiscal year 2025. The company’s profit tanked 27.5 per cent,

Leading electric scooter manufacturer Ather Energy, which is based in Bengaluru, has hit a serious landmark by joining the much-aspired-to unicorn club. This comes after securing a substantial $71 million

CE Info Systems, the parent firm of MapMyIndia, released its financial performance for Q1 FY25, painting a mixed picture of the financial health of the company. There is a slight

Neo, a fast-growing wealthtech firm in the space of wealth and asset management, announced that it had closed $48 million in Series B funding. The event was led by MUFG

Hospitality giant Oyo has raised about $175 m in a Series G funding round. It included investors like InCred Wealth, Patient Capital, J&A Partners, the family office of Mankind Pharma

PC: Entrakr  Oneiric11 Gaming, an e-sports and gaming fast-growing platform sponsored by actor Rannvijay Singha, has raised almost USD 1 million in Pre-Series A funding. This major capital injection will

PC: Bankrate Indian Startup Ecosystem Shows High on Energy—29 Startups Raise $177.68 Million From August 5th to August 10th, 2024. The amount collectively infused into 29 startups during this week

India has won commitments of $782.4 million from the Green Climate Fund toward mitigation and adaptation climate projects, thus registering some major success in the global fight against climate change.

Andover-based CloudPay, an independent global payroll and payment services provider, announced that it has closed its funding round worth $120 million. Such an investment was led by Blue Owl Capital

Nazara Technologies Ltd has announced its acquisition of Fusebox Games Limited, a gaming studio holding office in the UK, for Rs 228 crore ($27.2 million). This deal will be an

GenWorks Health, a top health care entity, announced that its valuation crossed the Rs 550 crore, almost $65 million, mark following another successful fund-raising round of Rs 41 crore, around

Extended reality startup Metadome.ai, previously known as Adloid, closed $6.5 million in its Series A investment round led by Siana Capital and an existing investor, Chiratae Ventures, with new participation

Kindlife is a beauty and wellness platform. In a new funding round led by the South Korean private equity firm JB-Dooeun TK Fund and Japanese venture capital firm Mixi Global

In the sustainable luxury universe, this comes as an exciting development: Fireside Ventures has made a substantive investment in the innovative brand of lab-grown jewelry, Aukera. This is Series A

Visit Health, a telehealth and wellness platform, raised USD 30 million in a mix of primary and secondary transactions. The promoters are supposed to have offloaded stakes in the current

The major electric vehicle manufacturer Lucid Group was given a significant financial fillip as its biggest shareholder, Saudi Arabia’s Public Investment Fund, announced the potential investment of up to USD

Fourth Partner Energy has just raised a significant $275 million in funding. This is not any investment, but its heavyweight consortium with the International Finance Corporation, Asian Development Bank, and

What could be a shot in the arm for the fintech sector, Chennai-based startup IppoPay on 6 August 2024 successfully closed an undisclosed amount of funding by Mithun Sacheti, founder

In what has been received as positive news, AI startup Groq Inc. hit a key milestone by attaining a valuation of $2.8 billion following its latest funding round. That development

The newly elected UK Labour government has just pulled funding of £1.3 billion allocated to technology and artificial intelligence (AI) projects by the previous Conservative administration. It has thrown sand

Agrizy, an innovative agritech startup, has successfully raised $9.8 million in a funding round co-led by Accion and Omnivore. This substantial financial boost also saw participation from Capria Ventures, Thai

From July 29 to August 3, 2024, the funding activities were at a high note in the Indian startup ecosystem. Some 32 startups raised around $341 million during this period.

The Union government has supported more than 10,000 technology startups in a massive outlay of Rs 580 crore over the last five years. It has been one such initiative by

The Indian government has initiated the process of disbursing funds to US-based Micron Technology under the production-linked incentive scheme, which is a mega step toward building semiconductor muscle in India.

AamDhanE is a tech-enabled matching and fulfillment platform for blue-collar jobs. It has raised investment in its Pre-Series A funding round from MSDF, TNESSF, and its founders. According to the

In a significant development for the Indian startup ecosystem, startups in the country have together raised over $1 Bn in the month of July this year. Entrackr reported how this

Chennai, August 1, 2024: GalaxEye Space, an IIT-M incubated space technology startup, today announced that it has raised $6.5 million in Series A funding. It was led by Mela Ventures

Scimplify, the large sourcing and manufacturing specialty chemicals platform, has raised Rs 59 crore ($7 million) as a part of its Series A funding round. This massive funding round was

Kinetic Green, the electric vehicle manufacturing wing of the Kinetic Group, has closed an investment of Rs 168 crore, or about $20 million, from Greater Pacific Capital. This comes as

Bhavish Aggarwal, founder of Ola Electric, has finally reacted to the controversies related to its mapping solution and the legal notice that the company received from MapMyIndia. Bhavish Aggarwal termed

Freshworks, the world’s leading SaaS company, announced resounding performance for the second quarter of calendar year 2024, with losses being trimmed by 13.7%, which is a very important achievement in

In one of the largest fundraising exercises, leading fintech firm BharatPe raised Rs 85 crore, almost $10 million, in debt funding through non-convertible debentures. This is the second debt infusion

There has never been funding to the tune of this before in the Indian spacetech sector, that, too, with heavy government support and serious innovations. According to research report by

Quadcopter manufacturing company Ideaforge on Thursday reported a massive drop in its profit for Q1 of the fiscal year 2025. As per the quarterly results published on the National Stock

Rapido, turning into an Indian bike-taxi aggregator and auto-rickshaw, has attained unicorn status on the back of a fresh funding round. The firm has been able to raise $120 million

M2P Fintech, an API infrastructure platform formerly known as Yap, is on the verge of closing a large funding round. Sources in the know have told that the Bengaluru-based company

Noida-based Gruner Renewable Energy has raised USD 60 million in funding, an ambitious move to strengthen India’s clean energy sector. This gigantic investment will help the company augment its presence

The parent company of MapMyIndia, CE Info Systems, has now sent a legal notice to Ola Electric, alleging that it has copied data without consent. This follows Ola Electric having

Electric vehicle (EV) and clean energy startup Simple Energy has successfully raised $20 million in its Series A funding round. This round saw participation from high-net-worth individuals (HNIs) associated with

This week saw a significant deceleration in funding in the Indian startup ecosystem. The week also came with 22 startups successfully raising approximately $113.39 million against $261.21 million in the

Ather Energy is a Bengaluru-based electric scooter manufacturer who has been putting a stir in the EV market. It has raised Rs 60 crore, around over $7 million, in debt

The government of India will spend more money on the production of ammunition. The move is in order to prepare the country for prolonged wars, reduce dependency on imports for

One of the most feared angel taxes has been abolished. Industry experts are abuzz with this news. Let’s delve deeper into what it means for startups and investors at large.

It has been reported that Leap Finance, a platform that has been in the limelight with its aid to Indian students funding their education abroad, is now in discussions to

Go Digit General Insurance is a mixed bag of sorts, but there’s some good news that needs sharing. Let’s get down to the bottom of things for this Bengaluru-based insurance

In one of the biggest steps toward attaining profitability, Waycool, an agritech firm, has laid off over 200 employees across various departments. This is the third round of layoffs for

A homegrown startup, Devnagri, specializing in B2B Indian language translation, just managed to bag some fresh funding. This round was led by Inflection Point Ventures, and although the exact amount

Yubi, the fintech unicorn formerly known as CredAvenue, made a big move by adding fresh Employee Stock Options worth a whopping $26 million; let’s dive into the details and see

Finance minister Nirmala Sitharaman delivered the Union Budget 2024-2025, laying out how the government is going to manage its finances in the financial year going forward. The budget, anticipated strongly

Urban Company, the leading marketplace for home services, has seen a remarkable recovery in FY24 at the financial level. It reported operational revenue of Rs 827 crore as compared to

The angel tax has been one of the biggest concerns of most entrepreneurs and investors. Good relief as the government will do away with the angel tax, announced Finance Minister

Let us look at some delightful news from the 2024 Union Budget. In a move to strengthen the infrastructure, Finance Minister Nirmala Sitharaman has announced an interest-free loan of ₹1.5

Online fashion and beauty commerce player Nykaa is raising Rs 125 crore, about $15 million, by issuing nonconvertible debentures. It was a strategic financial move approved by the board of

In an interesting revelation, the Economic Survey has said that the 117,254 startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) have cumulatively created outstanding 1.242

Insiders say funding from the government towards health in India is now low, in the range of 1.6-1.8 per cent of the Gross Domestic Product. This can be said to

Incuspaze, a workspace solution provider, enabled a huge investment of $8 Mn led by India Inflection Opportunity Fund along with other financial institutions. This funding is huge for the company