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Bring OTT Platforms Under Regulatory Framework: COAI

India, Aug. 1 -- The Cellular Operators Association of India (COAI) has asked the government to bring over-the-top (OTT) communication platforms such as WhatsApp, Telegram and Signal under a formal re... Read More


Neo Group Marks First Close Of INR 2K Cr Secondaries Fund, Backs 5 Startups

India, Aug. 1 -- Neo Group's asset management arm Neo Asset Management has marked the first close of its INR 2,000 Cr secondaries PE fund at INR 750 Cr. A SEBI-registered Category II AIF, the fund wi... Read More


The Sleep Company To Raise INR 105 Cr From Saffron Investments, Others

India, July 31 -- D2C mattress startup The Sleep Company is set to raise INR 105 Cr ($12.3 Mn) in its Series D funding round led by Saffron Investments. The round will also see participation from Car... Read More


Swiggy Mulls Divesting Stake In Rapido Amid Its Food Delivery Foray

India, July 31 -- Amid the entry of Rapido in the food delivery segment, Swiggy is mulling divesting its stake in the ride-hailing unicorn. In its Q1 shareholders' letter, Swiggy said that its stake ... Read More


Reliance In Talks To Lead $50 Mn Funding Round In Digantara: Report

India, July 31 -- Reliance Industries is reportedly in advanced talks to lead a $50 Mn (around INR 430 Cr) funding round in spacetech startup Digantara. Existing backers, including Peak XV Partners, a... Read More


Vahan.ai Bags Strategic Investment From Temasek's LemmaTree, Buys L.earn

India, July 30 -- AI recruitment platform for blue-collar workers Vahan.ai has bagged a strategic investment from Temasek-founded investment firm LemmaTree. Alongside this transaction, Vahan.ai has al... Read More


DeHaat Turns Profitable In Q1 FY26, Eyes Full Year Profitability

India, July 30 -- Peak XV Partners-backed agritech startup DeHaat turned profitable in the first quarter (Q1) of the ongoing fiscal year 2025-26 (FY26), company sources told Inc42. Without disclosing... Read More


Lenskart Files Draft Papers With SEBI For INR 2,150 Cr IPO

India, July 29 -- Omnichannel eyewear retailer Lenskart has filed its draft red herring prospectus (DRHP) with the markets regulator SEBI to raise up to INR 2,150 Cr via fresh issue of shares. The in... Read More


Sales Playbook Automation Startup Sharpsell.ai Bags INR 30 Cr

India, July 29 -- SaaS-based sales playbook automation startup Sharpsell.ai has raised INR 30 Cr (around $3.4 Mn) in a Series A funding round from Equentis Angel Fund, with existing investors Cornerst... Read More


CarTrade Q1 Profit Skyrockets 106% To INR 47 Cr

India, July 28 -- Listed reselling platform CarTrade's saw its consolidated profit after tax (PAT) climb 106% to INR 47 Cr in the first quarter of the fiscal year 2025-26 (Q1 FY26) from INR 22.8 Cr in... Read More