Exclusive

Publication

Byline

Location

Elev8 Venture Partners Closes Maiden Fund At INR 1,400 Cr

India, Sept. 1 -- Growth stage VC firm Elev8 Venture Partners has marked the final close of its debut fund at INR 1,400 Cr (about $160 Mn). In a statement, the firm said that the fund attracted a div... Read More


ADIA Nets INR 39 Cr After Exiting MobiKwik Amid Mini Rally

India, Sept. 1 -- Amid fintech major MobiKwik's gains today (September 1), Abu Dhabi Investment Authority (ADIA) has laid off its entire stake of 16.44 Lakh shares or 2.1% stake in the company. The in... Read More


Will Zomato Move To Zero Commission Model For Restaurants?

India, Sept. 1 -- Food delivery major Zomato's parent Eternal is said to be weighing alterations to its commission models and has begun discussions with restaurants across the country. As per an NDTV... Read More


E2W Registrations: China's Curbs Hit Bajaj In Aug, Ola Electric Reclaims Second Spot

India, Sept. 1 -- With the shortage of rare earth magnet taking a toll on Bajaj Auto, the electric two-wheeler (E2W) leaderboard saw a major reshuffle in August in terms of registrations. While Bajaj ... Read More


RMG Ban: Games24x7 Initiates Second Round Of Layoffs This Year

India, Sept. 1 -- Adding to the industry-wide retrenchment in the crumbling Indian real money gaming sector, gaming and entertainment unicorn Games24x7 has started reducing its headcount - the second ... Read More


Unicommerce To Raise INR 20 Cr From Parent AceVector

India, Sept. 1 -- Listed ecommerce SaaS company Unicommerce is set to raise its maiden investment since its listing on the bourses last year with the allotment of 14.4 Lakh equity shares on a preferen... Read More


LEAP India's FY25 Profit Remains Flat Despite 28% Revenue Growth

India, Sept. 1 -- IPO-bound LEAP India's net profit remained almost flat at INR 37.5 Cr in the year ended March 2025 (FY25) as against INR 37.1 Cr in FY24 despite a strong growth in revenue. The comp... Read More


The Quick Pharma Race, What's Next For RMG Founders & More

India, Sept. 1 -- Zepto, Blinkit And The Tricky Waters Of Quick Pharma It seems there is no stopping India's quick commerce giants. After groceries and gadgets, they have now set their sights on the ... Read More


EaseMyTrip's Wrong Turn

India, Sept. 1 -- "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." The observation by American economist Benjamin Graham is more than pertinent for t... Read More


Blue Tokai Bags $25 Mn To Enter Dubai, Japan Markets

India, Sept. 1 -- Speciality coffee chain Blue Tokai Coffee Roasters has raised $25 Mn (around INR 220 Cr) in a bridge funding round from existing backers, including A91 Partners, Anicut, Verlinvest, ... Read More