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RMG Enters Layoffs Phase, Blue Tokai's Big Round & More

India, Sept. 2 -- Layoffs Hit RMG Giants India's gaming ecosystem is still in the throes of the biggest reset it has ever seen as more and more companies scale down in the wake of the ban on real mon... Read More


[Update] MobiKwik Extends Rally, Surges 20% To INR 284.70

India, Sept. 2 -- Update | September 2, 18:32 IST Continuing its rally for the second day, shares of MobiKwik hit the 20% upper circuit at INR 284.70 during the intraday trading on the BSE today. Th... Read More


[Update] BigBasket's Hari Menon Says No Plans To Hire New CEO

India, Sept. 2 -- Update | Sept 02, 18:00 IST BigBasket CEO and cofounder Hari Menon refuted the report that said that the online grocery retailer was looking to hire a new CEO. In a social media po... Read More


Tuco Kids Nets $4 Mn To Invest In Brand Building, Distribution

India, Sept. 2 -- Child personal care brand Tuco Kids has secured $4 Mn (INR 35.27 Cr) in a Series A round of funding led by RTP Global. The funding round also saw participation from MG Investments, ... Read More


Offgrid Energy Labs Bags $15 Mn To Take ZincGel Batteries Mainstream

India, Sept. 2 -- Battery tech startup Offgrid Energy Labs has raised $15 Mn (around INR 132 Cr) in a Series A round led by Archean Chemicals Industries. The round also saw participation from existing... Read More


The Method Behind Curefit's High Customer Retention In A Low-Loyalty Market

India, Sept. 2 -- India's consumer wellness market is massive and growing fast. However, its fitness segment remains highly fragmented, lacking consistent outcomes or a standardised user experience. A... Read More


Simpl Launches Elevate To Turbo Charge The ROAS Equation For India's D2C Startups

India, Sept. 2 -- As India gears up for the festive season, jitters are already creeping up the spines of D2C brands across the country. What should be the most lucrative sales period of the year has ... Read More


Meesho Rival CityMall Bags $47 Mn To Expand Private Labels Portfolio

India, Sept. 2 -- Delhi NCR-based social commerce startup CityMall has raised $47 Mn (around INR 414 Cr) in its Series D funding round led by Accel, with participation from existing investors includin... Read More


DriveU Cofounder Ashok Shastry Steps Down

India, Sept. 2 -- On-demand driver aggregator platform DriveU's cofounder Ashok Shastry has stepped down from his day-to-day role at the startup. He will continue to be on DriveU's board. In a detail... Read More


Venturi Partners Marks First Close Of Its Second Fund At $150 Mn

India, Sept. 2 -- Consumer-focussed VC firm Venturi Partners has marked the first close of its second fund at $150 Mn (around INR 1,300 Cr). The fund has a target corpus of $225 Mn (about INR 2,000 Cr... Read More