Swiggy Q2: Instamart's Adjusted EBITDA Loss Declines 5.2% QoQ To INR 849 Cr

India, Oct. 30 -- Foodtech major Swiggy reported yet another quarter of loss in Q2, with its quick commerce arm Instamart continuing to be the biggest contributor to its burgeoning losses. However, In... Read More

Mem0 Raises $24 Mn To Scale Its AI Memory Infrastructure

India, Oct. 29 -- AI startup Mem0 has raised $24 Mn (INR 211.7 Cr) in a combined seed and Series A funding round led by Basis Set Ventures. Other investors including Peak XV Partners, Kindred Ventures... Read More

boAt Files Updated DRHP For INR 1,500 Cr IPO

India, Oct. 29 -- Consumer electronics startup boAt's parent Imagine Marketing has filed its updated draft red herring prospectus (UDRHP) with SEBI for up to INR 1,500 Cr IPO. The Bengaluru-based com... Read More

From Insider To Rival: Zetwerk Sues Ayr Energy Over Alleged Data Misuse

India, Oct. 28 -- B2B manufacturing startup Zetwerk and its subsidiaries Zetwerk Manufacturing USA Inc and Unimacts Global, LLC have filed a lawsuit in the District Court of Harris County, Texas again... Read More

From Insider to Rival: Zetwerk Sues Ayr Energy Over Alleged Confidential Data Misuse

India, Oct. 28 -- B2B manufacturing startup Zetwerk and its subsidiaries Zetwerk Manufacturing USA Inc and Unimacts Global, LLC have filed a lawsuit in the District Court of Harris County, Texas again... Read More

HYDGEN Raises $5 Mn To Scale Green Hydrogen Production

India, Oct. 27 -- Deeptech startup HYDGEN has secured $5 Mn (around INR 44 Cr) in a mix of equity and debt in a funding round led by Transition VC. The round also saw participation from Cloudberry Pio... Read More

TAC Infosec Hits Upper Circuit For The Second Consecutive Day

India, Oct. 24 -- Shares of NSE-listed TAC Infosec hit an upper circuit of 5% for the second consecutive session today, ending the session at INR 856.20. This marked the second consecutive session whe... Read More

Meesho DRHP: A Look At Shareholding Pattern & Key Executives

India, Oct. 24 -- After opting for the confidential IPO route for its $1 Bn public float in July, ecommerce major Meesho filed its updated draft red herring prospectus (UDRHP) a few days back. While t... Read More

Yubi's FY25 Net Loss Rises 5% To INR 416 Cr Despite 36% Revenue Uptick

India, Oct. 23 -- Fintech unicorn Yubi (erstwhile known as CredAvenue) net loss for the fiscal year FY25 widened about 5% to INR 416.1 Cr from INR 395.8 Cr loss incurred in the previous fiscal year. ... Read More

Meesho Counters AWS In INR 127 Cr Arbitration, Claims INR 86 Cr Damages

India, Oct. 23 -- Ecommerce startup Meesho has found itself locked in an INR 127.45 Cr ($14.44 Mn) legal tangle with Amazon Web Services (AWS) India, according to the draft IPO papers it has filed wit... Read More

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