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Months After Laying Off 18% Workforce, Blissclub Nets INR 33 Cr

India, May 7 -- Women-focussed D2C apparel brand Blissclub has raised INR 33 Cr as part of its Pre-Series B funding round led by Elevation Capital, along with participation from Eight Roads Ventures. ... Read More


D2C Brand Troovy Raises INR 20 Cr To Bolster Its Quick Commerce Play

India, May 7 -- Kids-focussed D2C snacking brand Troovy has raised INR 20 Cr (around $2.3 Mn) in its pre-Series A funding round led by Fireside Ventures. The round also saw participation from Sharrp V... Read More


Paytm's Bitter-Sweet Results, Ather's Flat Listing & More

India, May 7 -- Paytm's Bitter-Sweet Quarter Despite posting a flat net loss of INR 544.6 Cr in Q4 FY25, Paytm has made a healthy stride towards its goal of turning profitable in Q1 FY26. What's inte... Read More


No Respite For Gensol As SAT Rejects Appeal For Stay On SEBI Order

India, May 7 -- The Securities Appellate Tribunal (SAT) rejected a plea filed by troubled Gensol engineering against SEBI's interim order, which said that the company's promoters Anmol Singh Jaggi and... Read More


InspeCity Bags $5.6 Mn To Build In-Orbit Satellite Servicing Solutions

India, May 7 -- Spacetech startup InspeCity has raised $5.6 Mn (INR 47.28 Cr) in its seed funding round led by ace investor Ashish Kacholia's investment firm Lucky Investment Managers. The funding ro... Read More


Delhi HC Bars Gensol, BluSmart From Creating Third-Party Rights On 220 EVs

India, May 7 -- The Delhi High Court has barred troubled Gensol Engineering and ride-hailing startup BluSmart from creating third-party rights over 220 additional EVs, taking the total number of EVs w... Read More


Nazara's Absolute Sports Buys Two Titan Insider Owned Digital IPs

India, May 7 -- Gaming major Nazara Technologies' subsidiary Absolute Sports is set to acquire two of Titan Insider Digital IPs - TJRWrestling.net and ITRWrestling.com in an all cash deal. Absolute S... Read More


Info Edge Scores 36% Returns On Startup Investments

India, May 7 -- Naukri parent Info Edge has made 9X growth on startup investments with an estimated gross internal rate of return (IRR) of 36%. In a letter to its shareholders, Info Edge disclosed th... Read More


Sarvam Unveils New Speech AI Model With 11 Indian Languages Support

India, May 7 -- GenAI startup Sarvam AI, recently selected by the Centre to build India's first homegrown LLM, has unveiled a new speech AI model that supports 11 Indian languages, including Punjabi, ... Read More


Paytm Shares Rally Over 9% After Q4 Results

India, May 7 -- Shares of Paytm parent, One97 Communications, soared 9.5% to INR 892.60 apiece on the BSE during intraday trading session today, a day after the company reported its fourth quarter fin... Read More