India, July 16 -- Zepto is reportedly scaling down its 10-minute food delivery service, Zepto Cafe, as it battles supply chain issues and shortage of trained staff to run kitchens. Zepto Cafe's growt... Read More
India, July 16 -- Payment solutions provider Phi Commerce has secured INR 51.34 Cr ($5.9 Mn) as a part of its ongoing Series B funding round from existing investor BEENEXT. As per Phi Commerce's MCA ... Read More
India, July 15 -- Bengaluru-based insurtech startup Plum is reportedly looking to expand into full stack digital health services and has committed INR 200 Cr ($23.3 Mn) over the next three to four yea... Read More
India, July 15 -- AI-based content creation platform Trupeer.AI has secured $3 Mn (INR 25.8 Cr) in a seed funding round led by RTP Global, with participation from Salesforce Ventures and a clutch ofun... Read More
India, July 12 -- Swiggy's board has approved an allotment of 38.8 Lakh equity shares under its employee stock option plan (ESOP). As per the company's regulatory filing, Swiggy's board approved the ... Read More
India, July 12 -- Caught in a top-deck turmoil, fintech startup Lendingkart's NBFC arm Lendingkart Finance slipped into the red in FY25 due to a rise in impairment costs and decline in its top line. ... Read More
India, July 11 -- The Open Network for Digital Commerce (ONDC) is reportedly planning to offer subsidies of INR 100-150 Cr to food delivery companies on the network. These subsidies could result in 8... Read More
India, July 11 -- Agritech platform Gramik has raised INR 17 Cr (around $2 Mn) in a mix of optionally convertible debentures (OCDs) and compulsorily convertible debentures (CCDs). The bridge funding ... Read More
India, July 10 -- The National Payments Corporation of India (NPCI) has signed a licensing agreement with the Namibian central bank to develop a real-time payments platform akin to the Unified Payment... Read More
India, July 9 -- NRI-focussed fintech startup Belong has raised $5 Mn (about INR 42.9 Cr) in its seed funding round led by Elevation Capital. The funding round saw participation from Relentless Ventu... Read More