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PlayShifu's Revenue Crosses INR 100 Cr Mark In FY25

India, June 13 -- Bengaluru-based augmented reality (AR)-driven toys and games startup PlayShifu's revenue crossed the INR 100 Cr mark in FY25, its cofounder Dinesh Advani told Inc42. As per its unau... Read More


PhonePe Offloads 5% Stake In MapmyIndia For INR 486 Cr

India, June 12 -- Fintech major PhonePe has offloaded a 5% stake in geotech major MapMyIndia via an open market transaction for INR 486.03 Cr. As per BSE data, the digital payments major offloaded 27... Read More


How Kunal Shah-Backed Mainstreet Hung Up Its Shoes

India, June 12 -- Mainstreet Marketplace, once a rising star in India's vibrant sneaker and streetwear scene, is now facing a severe crisis. The startup, which started as a YouTube channel by Vedant L... Read More


Why Kunal Shah-Backed Mainstreet Hung Up Its Shoes

India, June 12 -- Mainstreet Marketplace, once a rising star in India's vibrant sneaker and streetwear scene, is now facing a severe crisis. The startup, which started as a YouTube channel by Vedant L... Read More


Jio BlackRock JV Gets SEBI Nod To Operate As Investment Adviser

India, June 11 -- Jio BlackRock Investment Advisers Pvt Ltd (JBIAPL), the joint venture between Jio Financial Services and BlackRock, has received approval from the Securities and Exchange Board of In... Read More


BigBasket Launches 10-Minute Food Delivery Service To Take On Blinkit, Zepto

India, June 10 -- Tata-owned BigBasket is planning to launch its 10-minute food delivery service across India by the end of financial year ending March 2026 (FY26). The company is currently piloting ... Read More


Rapido To Raise INR 125 Cr From Nexus As It Gears Up For Food Delivery Launch

India, June 9 -- Ride-hailing major Rapido is raising INR 125 Cr (around $15 Mn) from Nexus Venture Partners, as the former gears up for the launch of its food delivery service 'Ownly'. The board of ... Read More


[Update] Vecmocon Closes Series A Funding At $18 Mn

India, June 9 -- Update| June 09, 03:26 PM EV intelligence startup Vecmocon Technologies has closed its Series A funding round at $18 Mn co-led by Ecosystem Integrity Fund and Aavishkaar Capital, wit... Read More


NCLAT Quashes BYJU'S Appeal In Aakash Shareholding Dispute

India, June 7 -- The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea filed by BYJU'S challenging an interim order which asked to maintain a status quo on the insolvency-ridden edt... Read More


Nandan Nilekani Commits Second Grant To AI4Bharat

India, June 7 -- Infosys cofounder Nandan Nilekani has committed a second multi-year grant to AI4Bharat, a language AI project at IIT Madras. The funds aim to expand the group's work on building open-... Read More