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PhysicsWallah Increases Xylem Stake With INR 122 Cr Investment

India, Dec. 18 -- Listed edtech major PhysicsWallah (PW) has increased its stake in Xylem Learning Pvt Ltd to 77.27% with an investment of INR 122.9 Cr. It bought 930 equity shares worth INR 100 (FV) ... Read More


Ice Popsicle Brand Skippi Hits Rough Patch After Shark Tank Boom

India, Dec. 18 -- Shark Tank-famed ice popsicle startup Skippi is grappling with a sharp slowdown after rapid expansion, with its FY25 financials and audit notes pointing to deeper operational and reg... Read More


EV Startup Oben Electric Raises INR 85 Cr To Scale Distribution Network

India, Dec. 18 -- Electric bike maker Oben Electric has raised INR 85 Cr (about $10 Mn) in its pre-Series B funding round from Indian-American family offices based in the US, largely with manufacturin... Read More


[Update] Bhavish Aggarwal Sells Ola Electric Shares Worth INR 234 Cr

India, Dec. 17 -- [Update] December 17, 21:06 IST Ola Electric founder Bhavish Aggarwal today sold 4.19 Cr shares, or nearly 1% of his stake, on December 17 for INR 142.3 Cr at an average price of IN... Read More


Jio Financial Services Appoints Venkata Peri As Group COO

India, Dec. 17 -- Fintech major Jio Financial Services (JFS) has appointed Venkata Narasimham Peri as its group chief operating officer. The board approved the appointment on December 17 and Peri woul... Read More


CCI Clears Coinbase's Investment In CoinDCX

India, Dec. 17 -- The Competition Commission of India (CCI) has approved Coinbase Global Inc's plan to acquire a minority stake in DCX Global Ltd, the entity that owns crypto unicorn CoinDCX's brand, ... Read More


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