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Digit IPO: Public Issue Receives Muted Response On Day 1, Subscribed 36%

India, May 15 -- The initial public offering (IPO) of insurtech major Go Digit General Insurance (Digit) was subscribed 0.36X on the first day of the bidding on Wednesday (May 15). According to the B... Read More


Niyogin To Acquire Shark Tank Featured Orbo's AI Platform For The BFSI Sector

India, May 15 -- Shark Tank fame enterprise tech startup Orbo is selling its AI platform focussed on the banking, financial services and insurance (BFSI) sector, SuperScan, to listed fintech company N... Read More


RED.Health Snags $20 Mn To Build Subscription-Based Model For Quick Medical Assistance

India, May 15 -- Medical emergency response startup RED.Health has raised $20 Mn in its Series B funding round led by Jungle Ventures, along with participation from existing and new investors, includi... Read More


How Chennai Based Freshma Is Disrupting India's Seafood Market

India, May 15 -- The world's third-largest startup ecosystem, India, is filled to the brim with stories of grit, resilience and perseverance shown by Indian founders when the country was knee-deep in ... Read More


Zappfresh Gets The IPO Ball Rolling, Turns Into A Public Entity

India, May 14 -- Delhi NCR-based meat delivery startup Zappfresh has transformed itself into a public company as a step in preparation for its initial public offering (IPO). In a filing with the Mini... Read More


Highperformr.AI Bags $3.5 Mn To Give An AI Boost To B2B Marketing

India, May 14 -- Highperformr.AI, a marketing SaaS startup floated by former Freshworks executives Ramesh Ravishankar and Srivatsan Venkatesan, has raised $3.5 Mn (INR 29.2 Cr) in a seed funding round... Read More


Coromandel Invests INR 150 Cr In Drone Startup Dhaksha To Increase Stake To 58%

India, May 13 -- Listed agri-solutions provider Coromandel International Limited has signed an agreement to increase its stake in Chennai-based drone startup Dhaksha Unmanned Systems with an investmen... Read More


Zomato Q4: Net Profit Surges 27% QoQ To INR 175 Cr

India, May 13 -- Foodtech major Zomato's consolidated profit after tax (PAT) zoomed 26.8% to INR 175 Cr in the quarter ended March 31 (Q4) of the financial year 2023-24 (FY24) from INR 138 Cr in the p... Read More


Bhavish Aggarwal Vs LinkedIn: Ola To Stop Using Microsoft Azure, Migrate To Krutrim AI Cloud

India, May 11 -- Bhavish Aggarwal, the founder of unicorn startups Ola Cabs, Ola Electric, and Krutrim AI, on Saturday (May 11) said that Ola would stop using Microsoft's cloud computing platform Azur... Read More


Homegrown GenAI Chatbot 'Hanooman' Goes Live In 98 Languages

India, May 11 -- Homegrown generative AI (GenAI) chatbot 'Hanooman' has officially gone live in as many as 98 languages, including 12 Indian languages. The chatbot will be available in vernacular med... Read More