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Pentathlon's Vision For B2B SaaS: A Deep Dive Into The 'Selective' Investment Thesis, AI Insights & Fundamentals

India, June 12 -- Marc Andreessen had it right when he declared, "Software is eating the world" in a 2011 Wall Street Journal article. More than a decade later, SaaS (software as a service) is still t... Read More


DeHaat Completes First ESOP Buyback Worth INR 10 Cr, Eyes Full Year Profitability In FY25

India, June 12 -- Peak XV-backed agritech startup DeHaat has completed its first-ever employee stock ownership plan (ESOP) buyback programme worth INR 10 Cr. In an announcement on Wednesday (June 12)... Read More


Nykaa To Reappoint Pradeep Parameswaran and Seshashayee Sridhara As Independent Directors

India, June 12 -- Beauty ecommerce startup Nykaa has informed the stock exchanges that it passed a special resolution to reappoint Pradeep Parameswaran and Seshashayee Sridhara as a non-executive, ind... Read More


Zepto To Add DST Global, Lightspeed To $300 Mn Series E: Report

India, June 12 -- Prominent venture capital firms DST Global and Lightspeed Venture Partners are anticipated to invest in Mumbai-based Zepto in its upcoming $300 Mn funding round. The quick commerce ... Read More


IPO-Bound Ola Electric To Raise INR 100 Cr Debt From Alteria Capital

India, June 12 -- Electric vehicle (EV) manufacturer Ola Electric is raising a debt of INR 100 Cr (about $12 Mn) from venture debt fund Alteria Capital. As per the startup's regulatory filings with t... Read More


Finsall Pockets Funding To Build NBFC In Insurance Premium Financing Space

India, June 12 -- Fintech startup Finsall has secured INR 15 Cr (around $1.7 Mn) in a bridge funding round co led by Unicorn India Ventures and Seafund. The round also saw participation from other in... Read More


Zomato To Infuse INR 300 Cr In Blinkit Amid Mounting Competition In Quick Commerce Space

India, June 12 -- Amid rising competition in the quick commerce segment, foodtech juggernaut Zomato plans to invest INR 300 Cr in its quick commerce arm Blinkit. As per Registrar of Companies (RoC) f... Read More


JM Financial Expects Jio Financial Services, Zomato To Join Nifty If Added To F&O

India, June 11 -- Domestic brokerage firm JM Financial expects that Jio Financial Services and Zomato to be included in the Nifty index if added to futures and options. If Jio Financial Services and ... Read More


Mamaearth Parent Honasa Shares Tank 4% Post Major Block Deal

India, June 11 -- Shares of Mamaearth's parent Honasa Consumer Ltd declined nearly 4% during early trades on Tuesday (June 11) following a large block deal that took place in the stock. The shares op... Read More


Exclusive: Drone Startup Skye Air Bags $4 Mn From Mount Judi Ventures, Others

India, June 11 -- Drone startup Skye Air Mobility has raised $4 Mn (around INR 33.4 Cr) in its Series A funding round led by Mount Judi Ventures. The funding round also saw participation from Chirata... Read More