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TBO Tek Makes A Strong Market Debut, Lists At Over 55% Premium On NSE

India, May 15 -- B2B travel portal Travel Boutique Online or TBO made a strong entry on the public market on Wednesday (May 15) as it listed at INR 1,426, a 55% premium over the issue price of INR 920... Read More


Wow! Momo's FY23 Sales Cross INR 400 Cr Mark

India, May 15 -- QSR chain Wow! Momo's revenue crossed the INR 400 Cr mark in the financial year ended March 31, 2023. The Kolkata-based startup, which sells momos through its stores across the countr... Read More


Amazon India Gets Fresh INR 1,660 Cr Investment From US Parent

India, May 14 -- Ecommerce major Amazon's US-based arm is investing INR 1,660 Cr in its Indian subsidiary Amazon India Seller Marketplace. As per regulatory filings, Amazon Seller Services Private Li... Read More


MapmyIndia's Q4 PAT Jumps 35% YoY To INR 38 Cr, Announces Dividend Of INR 3.5 Per Share

India, May 13 -- Geotech startup MapmyIndia's consolidated profit after tax (PAT) surged by 35% in the March quarter of FY24 to INR 38.2 Cr, from INR 28.3 Cr it had posted in the same period a year ag... Read More


Exclusive: D2C Sneaker Brand Comet To Raise Series A Funding From Elevation Capital, Nexus

India, May 11 -- Bengaluru-based D2C sneaker brand Comet is in advanced stages of discussions with Elevation Capital and Nexus Venture Partners to raise Series A funding, sources told Inc42. "The rou... Read More


Exclusive: Japan's Marui Group Joins Niro's Cap Table By Investing In Pre-Series B Funding Round

India, May 10 -- Bengaluru-based fintech startup Niro is raising $4.3 Mn in what seems to be its pre-Series B funding round. The lending tech startup is raising the capital from listed Japanese retail... Read More


Exclusive: Unacademy's PrepLadder Lays Off 145 Employees In Sales Strategy Rejig

India, May 8 -- Unacademy Group's medical entrance test prep platform PrepLadder has undergone another round of layoffs as the company shifts its sales strategy. This is the company's third round of ... Read More


Simpl Lays Off Around 100 Employees, Eyes Profitability By Mid 2025

India, May 8 -- Bengaluru-based fintech startup Simpl has undergone another round of restructuring, its second in the past year. The Valar Ventures-backed startup has laid off around 100 employees, In... Read More


Inside Paytm's Big Reset: CEO Vijay Shekhar Sharma Takes Charge Of Key Verticals As Leaders Exit

India, May 7 -- Vijay Shekhar Sharma is once again taking charge of Paytm in a big way amid a major restructuring move at the fintech giant. The founder and CEO is expected to work directly with new l... Read More


Coromandel International Increases Stake In Ecozen With INR 24 Cr Investment

India, May 6 -- Fertiliser company Coromandel International Limited has increased its stake in Pune-based deeptech startup Ecozen, with an additional investment of INR 24 Cr. With the infusion made v... Read More