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Udaan Closes Series G Round At $114 Mn

India, June 2 -- B2B ecommerce major Udaan today said it has marked the final close of its Series G funding round at $114 Mn (around INR 974 Cr). The round was raised in two tranches. While in the fi... Read More


New-Age Tech Stocks See Another Mixed Week, RateGain Biggest Loser

India, June 1 -- After skyrocketing in the middle of May, the Indian markets ended the month on a sombre note. Amid the final leg of Q4 earnings, stock-specific action was seen this week in 33 new-age... Read More


Groww Rolls The IPO Dice. In Secret

India, June 1 -- Groww's confidential IPO filing has certainly grabbed the attention of the startup ecosystem this week, particularly after its eye-catching acquisition of Fisdom earlier in the month.... Read More


From Slikk To NEWME: Why Quick Fashion Is Hot Right Now

India, June 1 -- India's quick commerce economy has a new darling. Quick fashion platforms such as Slikk, Blip, KNOT, NEWME are building up momentum and banking on VC funding to disrupt Flipkart-owned... Read More


From Battery Smart To Chalo - Indian Startups Raised $93 Mn This Week

India, May 31 -- The volatility in the funding momentum across the Indian startup ecosystem continued in the final week of May. After gathering steam, investment activity slumped again this week. Bet... Read More


BNP Paribas Picks Up INR 1,488 Cr Stake In Zomato, Dumps INR 503 Cr Shares In Nykaa

India, May 31 -- French banking giant BNP Paribas has bought 6.24 Lakh shares of foodtech major Eternal in a bulk deal worth INR 1,488.71 Cr. As per NSE data, BNP Paribas Financial Markets picked up ... Read More


Razorpay To Pay INR 1,245 Cr In Taxes For Domicile Shift To India

India, May 31 -- Fintech major Razorpay will likely pay approximately INR 1,245 Cr (around $150 Mn) in taxes to the Indian government as part of its reverse flip to the country, sources close to the d... Read More


IndiaAI Mission: Soket AI, Gnani.ai & Gan.ai To Develop Indigenous AI Models

India, May 31 -- After SarvamAI, the IT ministry has now selected three more AI startups - Soket AI Labs, Gnani.ai and Gan.ai - to build large language models (LLMs) under the IndiaAI mission. In a s... Read More


EaseMyTrip Back In The Black, Posts INR 14 Cr Profit In Q4

India, May 31 -- Online travel aggregator EaseMyTrip posted a consolidated net profit of INR 13.9 Cr in Q4 FY25 as against a loss of INR 15.1 Cr in the year-ago quarter. A one-time expense of INR 72.4... Read More


Haryana's New Anti-Gambling Act: Is It Actually Anti-Online Gaming?

India, May 30 -- In the absence of clear guidelines from the Centre or centralised regulations for the gaming industry, the $3.8 Bn online gaming industry continues to grapple with uncertainty with se... Read More