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Swiggy To Hive Off Instamart As A Separate Step-Down Subsidiary

India, Sept. 24 -- Foodtech major Swiggy will hive off its quick commerce arm Instamart into a separate, step-down subsidiary. In a filing with the exchanges, Swiggy said that its board approved a pr... Read More


PhonePe's INR 7K Cr Run, Purple Style Labs' IPO & More

India, Sept. 23 -- PhonePe's FY25 Scorecard PhonePe is firing on all cylinders. In FY25, the fintech giant crossed the INR 7,000 Cr revenue milestone while also slashing its losses, showcasing a rare... Read More


Jefferies Bullish On Paytm, Hikes Target Price To INR 1,420

India, Sept. 23 -- Brokerage firm Jefferies has reportedly raised the price target (PT) for Paytm's parent entity One97 Communications to INR 1,420, while maintaining its BUY rating for the stock. "W... Read More


Chakr Innovation Bags $23 Mn To Take Its Anti-Pollution Tech Global

India, Sept. 22 -- ONGC-backed climate tech startup Chakr Innovation has raised $23 Mn (INR 193.5 Cr) in a Series C funding round led by Iron Pillar. In a statement, the startup said that it plans to... Read More


Groww's IPO Conundrum, Infra.Market Eyes $83 Mn & More

India, Sept. 19 -- Groww's Massive VC Cashout Earlier this week, Groww filed its updated DRHP for a massive INR 7,000 Cr public listing. Yet, the fine print of the draft papers reveals a sore reality... Read More


Urban Company's Stellar Debut, Fraud At MobiKwik & More

India, Sept. 18 -- Urban Company Pops The Champagne Urban Company has scripted the most spectacular startup IPO of 2025 so far. Shares of the hyperlocal services unicorn opened at INR 161 on the BSE,... Read More


PhonePe, Paytm & CRED Halt Rent Payments Via Credit Cards

India, Sept. 18 -- A day after the Reserve Bank of India (RBI) issued new master directions for payment aggregators (PAs), fintech giants like PhonePe, Paytm, and CRED have reportedly halted rental pa... Read More


Groww Doled Out INR 614 Cr In Bonus To Cofounders In FY25

India, Sept. 18 -- Ahead of its public listing, IPO-bound investment tech giant Groww dished out INR 624.6 Cr in total remuneration to the four cofounders of the company in the fiscal year 2024-25 (FY... Read More


Groww's INR 7,000 Cr+ IPO, Zepto's Marketing Mantra & More

India, Sept. 17 -- Groww Sets Sail For IPO Groww has finally filed its updated DRHP with SEBI for an INR 7,000 Cr+ IPO. The investment tech unicorn's public issue will comprise a fresh issue of share... Read More


Gameskraft Accuses Ex-CFO Of Syphoning Off Company Funds

India, Sept. 17 -- Already grappling with the fallout of the ban on real-money gaming, Gameskraft is now also facing a major internal crisis. As per The Hindu businessline, the company has accused it... Read More