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Plum Insurance raises $20 million, offers partial exit to Incubate Fund Asia

Mumbai, March 26 -- Plum Insurance has raised $20 million ( Rs.193 crore) from existing investors Peak XV Partners and Tanglin Venture Partners, and a new investor, Japan-based GMO Venture Partners. ... Read More


LeapFrog drops continuation vehicle plans, eyes listings, block deals, M&A for exits

New Delhi, March 24 -- Global private equity investor LeapFrog Investments, which has backed InsuranceDekho and Healthify, has shelved plans to explore continuation vehicles as an exit option and will... Read More


upGrad signs term sheet to acquire Unacademy in all-stock deal

New Delhi, March 15 -- Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap transaction, signalling a potential consolidation move in India's struggling online ed... Read More


While rivals retreat from default guarantees, Moneyview is doubling down

New Delhi, March 10 -- Fintech Moneyview is hunkering down on a lending model just as digital lending peers such as Paytm and KreditBee are either moving away from it or focusing on growth in other mo... Read More


PhonePe created $10bn value in 10 years. Esop holders to pocket $1.4bn of that

Mumbai, March 7 -- Digital payments platform PhonePe has had a dream run by startup journeys. Founded 10 years ago by ex-employees at ecommerce giant Flipkart, the company is eyeing a valuation north ... Read More


Unacademy launches Rs.50 crore Esop buyback after two-year turmoil

New Delhi, Feb. 27 -- Edtech firm Unacademy has initiated a Rs.50 crore employee stock ownership plan (Esop) buyback, offering liquidity to employees at a time when the company's valuation has fallen ... Read More


BillDesk to acquire Worldline India payment businesses

Mumbai, Feb. 25 -- Digital payments company BillDesk has entered into a definitive agreement to acquire the India payment businesses of French payments firm Worldline, the company said in a statement ... Read More


Despite the IPO boom, India's large companies are still private

Mumbai, Feb. 24 -- Even as India witnessed record public issue filings and listings in 2025, many of the country's fastest-growing large companies remain privately held, according to the JM Financial ... Read More


Can fast fashion wave make this apparel cycle stick?

New Delhi, Feb. 22 -- The fast fashion boom is decisively back on India's startup map. The segment is projected to account for more than a quarter of India's retail apparel market by FY31, according ... Read More


Slice posts first net profit, appoints founder Rajan Bajaj CEO after RBI approval

MUMBAI, Feb. 16 -- Tiger Global-backed fintech Slice has appointed its founder Rajan Bajaj as managing director and chief executive officer, effective 17 February, following approval from the Reserve ... Read More