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Krutrim In A Rut, Fashinza Cofounder Quits & More

India, May 11 -- What Went Wrong At Krutrim? Ola Krutrim began as one of India's boldest AI moonshots in 2023. Three years and a unicorn leap later, the homegrown challenger to OpenAI seems to be dum... Read More


Honasa CBO Yatish Bhargava Steps Down Within A Year

India, May 10 -- Yatish Bhargava has stepped down as the chief business officer (CBO) of Mamaearth parent Honasa Consumer within a year of his appointment. He cited "personal circumstances" for his re... Read More


Tencent Exits PB Fintech With Rs.805 Cr Block Deal

India, May 9 -- Chinese tech giant Tencent has sold its entire 1.05% stake in insurtech platform PolicyBazaar's parent entity PB Fintech via a block deal for Rs.805.4 Cr. As per NSE data, the Chinese... Read More


After Lock-In Expiry, Investors Sell Lenskart Shares Worth At Least Rs.3,861 Cr

India, May 9 -- As Lenskart's six month IPO lock-in period expired yesterday, existing backers sold the eyewear giant's shares worth at least Rs.3,861.1 Cr in multiple block deals. As per NSE data, i... Read More


India's 129th Unicorn, Wint Wealth's Bond Stack & More

India, May 8 -- Skyroot Is A Unicorn Defying the current funding trends, Skyroot vaulted into the billion-dollar valuation club after raising a big-ticket round to build India's first privately devel... Read More


Paytm's Q4 Show, Freshworks To Axe 500 Jobs & More

India, May 7 -- Paytm's Profitability Streak Paytm turned in yet another profitable quarter in Q4. Buoyed by growing revenues, expenses under control and core payments vertical doing most of the heav... Read More


Dream11's Broking Avatar, Kissht's IPO & More

India, May 6 -- Dream Sports Forays Into Stock Broking Dream Sports is trading fantasy teams for financial portfolios. The company has debuted a stock broking platform, DreamStreet, to emerge as a fi... Read More


SEBI Forms Cybersecurity Task Force Amid Mythos Concerns

India, May 6 -- Amid growing concerns over Anthropic's Mythos, markets regulator Securities and Exchange Board of India (SEBI) has constituted a new task force to assess cybersecurity risks posed by A... Read More


D2C's Toughest Test Yet, Kissht IPO Day 2 & More

India, May 5 -- D2C's Manufacturing Dilemma Indian D2C brands are facing a new brutal reality. Manufacturers are rewriting contracts and moving to the 'cash and carry' model as the fallout from the c... Read More


Kissht's IPO Pitch, Weekly Funding Rebounds & More

India, May 4 -- Kissht's Road To IPO Kissht's IPO lands at an inopportune moment. Despite the raging market volatility and the conflict in West Asia, the lending tech is not waiting for markets to ca... Read More