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MobiKwik Q4: Loss Surges 83.5X YoY To INR 56 Cr

India, May 20 -- Fintech major MobiKwik saw its net loss zoom 83.5X to INR 56.03 Cr in Q4 FY25 from a loss of INR 67.1 Lakh in the year-ago period. On a quarter-on-quarter (QoQ) basis, net loss grew ... Read More


Elevation Capital Offloads ixigo Shares Worth INR 38.27 Cr

India, May 19 -- VC firm Elevation Capital, formerly SAIF Partners India, has offloaded more than 21.5 Lakh shares of online travel aggregator (OTA) ixigo in a block deal worth INR 38.27 Cr. As per B... Read More


BYJU'S Vs Lenders, New-Age Tech Stocks Rebound & More

India, May 19 -- Byju Raveendran Bares It All For the first time since BYJU'S was thrust into turmoil three years ago, cofounder Byju Raveendran has publicly broken his silence on what transpired at ... Read More


BYJU'S Cofounders Allege Threats & Pressure Tactics

India, May 18 -- The cofounders of troubled edtech startup BYJU'S, Byju Raveendran and Divya Gokulnath, have accused certain entities of orchestrating a targeted campaign of intimidation and pressure ... Read More


Josh, DailyHunt Parent VerSe Innovation Lays Off 350 Employees

India, May 18 -- VerSe Innovation, the parent of DailyHunt and Josh, has laid off nearly 350 employees as part of a broader "strategic" restructuring exercise. In a statement, a company spokesperson ... Read More


Swiggy Piloting Student Rewards Initiative In 200+ Cities

India, May 17 -- Foodtech major Swiggy has said that it is piloting a student rewards programme in more than 200 cities across India. In a statement, the company said that the offering is currently o... Read More


Skill Ministry Launches AI Chatbot For Upskilling In Partnership With Meta, SarvamAI

India, May 17 -- The Union skill development ministry (MSDE) has launched an AI chatbot on WhatsApp, in partnership with social media giant Meta and homegrown GenAI startup SarvamAI, to expand access ... Read More


PURE Partners Charge Power To Sell Energy Storage Solutions In US & Canada

India, May 16 -- EV maker and energy solutions startup PURE, formerly PURE EV, has entered into a "strategic partnership" with Charge Power Inc to enter the US and Canada markets. As part of the coll... Read More


The Trump Shadow On Apple In India, leap.club To Shut Shop & More

India, May 16 -- Can Trump Sour Apple's India Story? After coming to a 90-day agreement on tariffs for China, US President Donald Trump now seems to have trained his guns on India. Trump is said to h... Read More


Flipkart Dominates Walmart International's Ad Biz Growth In Q1

India, May 16 -- Flipkart led from the front as the ecommerce juggernaut contributed the lion's share to the growth of parent Walmart international's ad business in the first quarter ended April 30, 2... Read More