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Bhavish Aggarwal Sells Ola Electric Shares Worth INR 92 Cr

India, Dec. 16 -- Ola Electric cofounder Bhavish Aggarwal has sold a 0.6% stake or 2.6 Cr shares in the EV maker in a bulk deal for INR 92 Cr. The deal valued each share at INR 34.99, slightly higher ... Read More


Spacetech Startup Digantara Raises $50 Mn For Global Expansion

India, Dec. 16 -- Bengaluru-based spacetech startup Digantara has raised $50 Mn (about INR 454.4 Cr) in its Series B round to expand its space surveillance capabilities. The round saw participation f... Read More


Wingify Buys Blitzllama To Give An AI Boost To VWO Platform

India, Dec. 15 -- Everstone-owned Wingify has acquired Y Combinator-backed AI startup Blitzllama. With the acquisition, the Delhi NCR based SaaS firm aims to strengthen its user research features of i... Read More


Peak XV-Backed Scapia Spent Over INR 4 To Earn Every Rupee In FY25

India, Dec. 15 -- Travel solutions-focussed fintech startup Scapia managed to trim its FY25 net loss by 6% to INR 83 Cr from INR 87.9 Cr loss incurred in the previous fiscal. The bottom line improvem... Read More


Sisir Radar Raises $7 Mn To Launch SAR Satellite

India, Dec. 15 -- Spacetech startup Sisir Radar has raised $7 Mn (INR 63.5 Cr) in a Series A round led by 360 ONE Asset, with participation from existing investor Shastra VC . The startup plans to ut... Read More


Wakefit IPO: Peak XV Mints 9.5X Return, Cofounders Take Home INR 237 Cr

India, Dec. 13 -- The cofounders and early investors of D2C mattress and furniture brand Wakefit, which is set to list on the exchanges on Monday (December 15), have raked in hefty returns via the IPO... Read More


Cabinet Clears Bill To Raise FDI In Insurance To 100%

India, Dec. 12 -- The Union cabinet today approved an amendment Bill to raise the foreign direct investment (FDI) limit in insurance companies to 100% from 74%. The move is part of a larger push to re... Read More


Yu Foods FY25: Revenue More Than Doubles To INR 35.1 Cr

India, Dec. 12 -- D2C instant food brand Yu Foods' operating revenue more than doubled to INR 35.1 Cr in FY25 from INR 15.7 Cr in the year-ago period on the back of growing demand for its products. I... Read More


DPIIT Proposes Hybrid Licencing For AI Training

India, Dec. 9 -- In its working paper on GenAI and copyright, the Department for Promotion of Industry and Internal Trade (DPIIT) has proposed not allowing AI companies to train their models on copyri... Read More


Swiggy Opens QIP, Sets Floor Price At INR 390.51 Per Share

India, Dec. 9 -- A day after receiving shareholder nod, consumer services major Swiggy has opened its INR 10,000 Cr ($1.2 Bn) qualified institutional placement (QIP) for subscription. The floor price ... Read More