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Silicon Valley's SPC teams up with Binny Bansal for India-focused fund

Bengaluru, June 13 -- South Park Commons (SPC), a Silicon Valley tech startup community and venture fund, on Thursday announced plans to establish a dedicated fund to support entrepreneurship in India... Read More


Can Nykaa's house-of-brands strategy be its next growth driver?

Bengaluru, June 12 -- Shortly before Nykaa listed on the bourses in November 2021, founder and chief executive Falguni Nayar expressed her intention to make the beauty and fashion marketplace a "house... Read More


Battery Smart secures $65 mn from LeapFrog Investments, to expand in tier 2-3 markets

Bengaluru, June 11 -- Battery Smart, an electric vehicle (EV) battery swapping station provider, has raised $65 million in an extended Series B funding round led by LeapFrog Investments. The company p... Read More


Kotak Alt invests Rs.1,445 cr to fund Matrix Pharma's buyout of Viatris' API biz

New Delhi, June 11 -- Kotak Alternative Asset Managers, Kotak Mahindra Group's alternative assets management entity, has invested Rs.1,445 crore to partly finance the acquisition of US-based pharmaceu... Read More


Cult.fit's e-commerce arm to drive growth, profitability by 2025

Bengaluru, June 9 -- Fitness startup Cult.fit expects its direct-to-consumer e-commerce vertical, Cultsport, to outpace its core gym business, and achieve Ebitda profitability within a year, chief exe... Read More


Middle East's Hades Financial eyes deeptech, SaaS investments in India

Bengaluru, June 3 -- Riyadh-based investment management firm and limited partner Hades Financial Private Capital Group, which announced $28 million investments in two Indian investment firms on Monday... Read More


Juspay-backed Namma Yatri eyes small towns following fundraise

New Delhi, May 30 -- Juspay-backed Namma Yatri is looking to expand its ride-hailing services in tier-2 and tier-3 towns after a fresh capital infusion that's expected to be finalised soon, chief grow... Read More


As travel rebounds, Oyo checks in its first full-year net profit

Bengaluru, May 30 -- Oyo has reported its first full-year net profit in its 12 years of existence, scoring its second victory this week following a vote of confidence from Fitch as the hospitality cha... Read More


ePlane aims to complete air-taxi prototype by the end of 2024, says founder

Mumbai, May 24 -- Aerospace marketplace ePlane is looking to complete its prototype of air taxi e200X by the end of the year and is working on several other prototypes for next year, founder Satyanara... Read More


GenAI can revolutionize healthcare: Siemens Healthineers' Dileep Mangsuli

MUMBAI, May 24 -- Technological advancements, especially in software and generative artificial intelligence (AI), are set to revolutionize healthcare, said Dileep Mangsuli, executive director and head... Read More