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Tesla Expands India Presence With New Office In Maharashtra

India, April 28 -- Elon Musk-led Tesla is bolstering its presence in India by leasing office space near Mumbai's Bandra-Kurla Complex (BKC). An ET report said that the global EV maker has leased a 30... Read More


CARS24 Lays Off 200 Staff In Restructuring Exercise

India, April 26 -- Used car marketplace CARS24 has laid off around 200 employees across various departments as part of its restructuring exercise aimed at streamlining operations. CARS24 cofounder Vi... Read More


Hocco Cofounder's D2C Healthy Snacking Brand phab Nets $2 Mn

India, April 26 -- Ice cream brand Hocco cofounder Ankit Chona's D2C healthy snacking brand phab has raised $2 Mn (around INR 17 Cr) in its seed funding round led by OTP Ventures. The round also saw ... Read More


Muthoot FinCorp Funds BankBazaar, Charts Its Foray into Gold Loans

India, April 23 -- Chennai-based fintech BankBazaar has secured an undisclosed amount from Muthoot FinCorp as part of its ongoing Series D2 round. With this, the round's total size has grown to INR 55... Read More


Devyani International To Pick Up Majority Stake In Biryani By Kilo

India, April 22 -- Devyani International, which runs QSR chains such as KFC via franchise agreements, is set to pick up controlling stakes in cloud kitchen startup Biryani By Kilo. However, the finan... Read More


Google Parent In Talks To Shift Pixel Smartphone Production To India: Report

India, April 22 -- Alphabet, the parent entity of Google, is reportedly in advanced talks to shift a portion of its Pixel smartphoneproduction from Vietnam to India. An ET report, citing industry sou... Read More


Gensol's Lenders Mull Legal Route To Recover Loans: Report

India, April 18 -- In further troubles for Gensol, its lenders Power Finance Corp (PFC) and Indian Renewable Energy Development Agency (IREDA) are reportedly planning to take legal action for recoveri... Read More


D2C Nutrition Startup Good Monk Bags $2 Mn

India, April 18 -- Nutrition-focussed D2C startup Good Monk has raised $2 Mn (around INR 17 Cr) in a Pre-Series A funding round led by RPSG Capital Ventures, along with participation from existing inv... Read More


Jewelbox Bags $3.2 Mn To Launch Retail Stores To Sell Lab-Grown Diamond Jewellery

India, April 16 -- D2C lab-grown diamond jewellery brand Jewelbox has raised $3.2 Mn (about INR 27 Cr) in its pre-Series A round led by V3 ventures. The round also saw participation from Atrium Angel... Read More


Garuda Aerospace Bags INR 100 Cr From Venture Catalysts, Others

India, April 16 -- Chennai-based dronetech startup Garuda Aerospace has secured INR 100 Cr (about $11 Mn) in a Series B funding round led by Venture Catalysts, along with a host of other undisclosed i... Read More