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Former Meesho Executive's AI-Led Fintech Startup Oolka Raises $7 Mn

India, Sept. 24 -- Former Meesho executive Utkrishta Kumar's new AI-led fintech venture Oolka has raised $7 Mn (around INR 62 Cr) in its seed funding round co-led by Lightspeed India and Z47 (formerly... Read More


Speciality Chemicals Startup Distil Raises $7.7 Mn To Scale R&D

India, Sept. 23 -- Speciality chemicals startup Distil has raised $7.7 Mn (around INR 68.3 Cr) in its Series A funding round co-led by Jungle Ventures and UAE's CE-Ventures. The funding round also saw... Read More


Porter Turns Profitable In FY25, Revenue Crosses INR 4,000 Cr Mark

India, Sept. 23 -- Logistics unicorn platform Porter turned profitable in the financial year ended March 2025, driven by strong top line growth and improvement in margins. The startup posted a consoli... Read More


Rocket Raises $15 Mn To Help Users Build Apps Using Its AI Platform

India, Sept. 23 -- AI-powered app building platform provider Rocket has raised $15 Mn (around INR 132 Cr) in its seed funding round led by Salesforce Ventures and Accel. The round also saw participati... Read More


Adda247's Loss Rises 2.5% To INR 104 Cr In FY25, Revenue Remains Flat

India, Sept. 22 -- Edtech startup Adda247's net loss grew 2.5% to INR 103.6 Cr in the year ended March 2025 from INR 101 Cr in the previous fiscal, with its revenue and expenses remaining almost flat.... Read More


Wealthtech Startup Jar Claims Profitability In H1 2025

India, Sept. 20 -- Wealthtech startup Jar said it was profitable in the first two quarters of 2025 (Q4 FY25 and Q1 FY26) on the back of strong business growth. The startup, which helps users make mic... Read More


BigBasket FY25 Loss Crosses INR 2,000 Cr, Revenue Dips

India, Sept. 18 -- Amid bid to expand its quick commerce play, Tata Digital-owned BigBasket has plunged deeper into losses. For the fiscal year FY25, the net losses of BigBasket parent entity Superma... Read More


IFC To Invest $25 Mn In Trifecta Capital's Fourth Venture Debt Fund

India, Sept. 18 -- World Bank's private lending arm International Finance Corporation (IFC) will be investing $25 Mn (about INR 220 Cr) in venture debt firm Trifecta Capital's INR 2000 Cr venture debt... Read More


Zomato Partners MakeMyTrip To Strengthen "Food On Train" Biz

India, Sept. 17 -- Eternal-owned food delivery major Zomato has partnered with online travel aggregator (OTA) major MakeMyTrip to strengthen its food delivery service on trains. The partnership will a... Read More


Centre Directs Crypto Exchanges To Conduct Cyber Security Audits

India, Sept. 17 -- Strengthening the regulations for crypto exchanges, the Financial Intelligence Unit - India (FIU-IND) has directed all virtual digital asset service providers (VDA SPs) to submit a ... Read More