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Dunzo Sees Losses Double In FY20 Despite Major Revenue Gains

India, Jan. 14 -- Bengaluru-based hyperlocal startup Dunzo has posted a near 10x growth in overall income from INR 3.5 Cr to INR 32.3 Cr, but its losses also rose sharply to reach INR 338.3 Cr in the ... Read More


Dunzo Sees Losses Grow By Over 2X In FY20 Despite Major Revenue Gains

India, Jan. 14 -- Bengaluru-based hyperlocal startup Dunzo has posted a near 10x growth in overall income from INR 3.5 Cr to INR 32.3 Cr, but its losses also rose sharply to reach INR 338.3 Cr in the ... Read More


BYJU'S Close To Acquiring Aakash Institute In Mega $1 Bn Deal

India, Jan. 13 -- In what would be the largest edtech acquisition in the world, Indian edtech giant BYJU'S is reportedly close to acquiring test prep giant Aakash Educational Services Ltd for $1 Bn . ... Read More


[UPDATE] BYJU'S Close To Acquiring Aakash Institute In Mega $1 Bn Deal

India, Jan. 13 -- In what would be the largest edtech acquisition in the world, Indian edtech giant BYJU'S is reportedly close to acquiring test prep giant Aakash Educational Services Ltd for $1 Bn . ... Read More


D2C Health Food Brand True Elements Raises INR 10 Cr From SIDBI-Managed Social Fund

India, Jan. 12 -- Pune-based D2C health food brand True Elements has closed a funding round of INR 10 Cr from the Maharashtra State Social Venture Fund (MSSVF), managed by SIDBI, which invests in comp... Read More


Meet The Eight Startups In Flipkart Leap Accelerator Programme's First Cohort

India, Jan. 12 -- Ecommerce giant Flipkart has announced eight startups as part of the first cohort of the company's startup accelerator programme Flipkart Leap, which was launched in August 2020. The... Read More


Ahead Of Budget, Payment Apps, Banks Urge Government To Bring Back MDR

India, Jan. 11 -- Even as the IT ministry dismissed speculation about reimbursing payment apps and banks for the merchant discount rate (MDR) on RuPay and Unified Payments Interface (UPI) transactions... Read More


Startups! Here's Your Chance To Win Live Funding In Ten Minutes

India, Jan. 8 -- Building a startup is always exciting, but it isn't without unique challenges at every stage - from ideation to team building, and from product iteration to launching in the market. A... Read More


Z3Partners Announces First Close Of $100 Mn Fund; Invests In CYFIRMA, DealShare

India, Jan. 8 -- Venture capital firm Z3Partners has raised INR 100 Cr marking the first close of its maiden fund with a target corpus of INR 730 Cr ($100 Mn) targetting high-growth startups across co... Read More


OYO Raises INR 54 Cr From HT's Hindustan Media Ventures

India, Jan. 7 -- Hospitality unicorn OYO has raised INR 54 Cr (over $7.5 Mn) from Hindustan Media Ventures as part of Series F1 round, according to a regulatory filing by the company. Hindustan Media ... Read More