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IPO-Bound Ather Trims Loss By Over 25% In First Nine Months Of FY25

India, April 22 -- IPO-bound EV major Ather Energy managed to reduce its net loss for the nine-months ended December 2024 by 25.56% to INR 577.9 Cr from INR 776.4 Cr in the year-ago period. The compa... Read More


Dronetech Startup Vayudh Bags $10 Mn From Dharana Capital, Others

India, April 22 -- Defence-focussed dronetech startup Vayudh has raised $10 Mn (around INR 83.5 Cr) in an undisclosed funding round led by Dharana Capital. The round also saw participation from Zomat... Read More


Ather Energy Files RHP, Cuts IPO Size

India, April 22 -- EV major Ather Energy has filed its red herring prospectus (RHP) with SEBI, paving the way for it to become the first new-age tech company to go public in 2025. The EV company has ... Read More


Devyani International To Pick Up Majority Stake In Biryani By Kilo

India, April 22 -- Devyani International, which runs QSR chains such as KFC via franchise agreements, is set to pick up controlling stakes in cloud kitchen startup Biryani By Kilo. However, the finan... Read More


A91 Partners Hits Final Close Of Third Fund At $665 Mn

India, April 22 -- Mumbai-based growth stage investment firm A91 Partners, which counts Digit General Insurance, Aye Finance, Sugar Cosmetics and Atomberg among its portfolio companies, has announced ... Read More


Jumbotail-Solv Deal: Zero Profits, 2X Valuation Jump, Questions Galore

India, April 22 -- "This is not true, we are not acquiring or merging with Solv," Jumbotail cofounder and CEO Karthik Venkateswaran told Inc42 in late December 2024, when Inc42 reached out for a comme... Read More


[Update] Yulu In Talks To Raise $100 Mn: Report

India, April 22 -- Bengaluru-based electric mobility startup Yulu is reportedly in discussions with a clutch of global impact funds and private equity investors to raise $100 Mn in its Series C fundin... Read More


KiranaPro Ropes In V3 Ventures' Cofounder Arjun Vaidya As Investor

India, April 22 -- Quick commerce platform KiranaPro has roped in V3 Ventures' cofounder Arjun Vaidya as investor and mentor. Although KiranaPro did not disclose the financial terms of the deal, but ... Read More


Google Parent In Talks To Shift Pixel Smartphone Production To India: Report

India, April 22 -- Alphabet, the parent entity of Google, is reportedly in advanced talks to shift a portion of its Pixel smartphoneproduction from Vietnam to India. An ET report, citing industry sou... Read More


Yulu In Talks To Raise $75- 80 Mn: Report

India, April 22 -- Electric mobility startup Yulu is reportedly looking to raise $75-80 Mn in a mix of equity and debt round. An ET report said that the Bengaluru-based startup is in discussions with... Read More