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Early Mover Zing Abandons Quick Food Delivery, Looks To Pivot To Grocery

India, Oct. 30 -- Quick launch, quick shutdown. It's been something of a theme in 2025 so far. Whether it is flash-in-the-pan AI startups or quick commerce first-movers like Zing, the 10-minute food d... Read More


Inside DeHaat's INR 3,000 Cr Scale And Its Long Road To Profitability

India, Oct. 30 -- For any farmer, the harvest is the moment of truth. After a long season of work, you finally see what your toil has yielded. In the corporate fields of Indian agritech, DeHaat just a... Read More


Helex Raises $3.5 Mn To Develop Targeted Medicines For Genetic Kidney Diseases

India, Oct. 30 -- Biotech startup Helex has raised $3.5 Mn (around INR 31 Cr) in its seed funding round led by pi Ventures, with participation from a host of investors, including Bluehill.VC, US-based... Read More


[Update] Snabbit Raises $30 Mn From Bertelsmann, Lightspeed

India, Oct. 30 -- Update | October 30, 18:20 IST Quick home service startup Snabbit has raised $30 Mn (about INR 265 Cr) in its Series C funding round led by Bertelsmann India Investments (BII), with... Read More


Drip Capital Nets $50 Mn Debt To Offer Working Capital To SMBs

India, Oct. 30 -- Trade financing startup Drip Capital has raised $50 Mn (INR 441.5 Cr) in a debt funding round led by Canada-based Toronto-Dominion Bank. The deal will also have an additional $25 Mn... Read More


Swiggy Q2: Instamart's Adjusted EBITDA Loss Declines 5.2% QoQ To INR 849 Cr

India, Oct. 30 -- Foodtech major Swiggy reported yet another quarter of loss in Q2, with its quick commerce arm Instamart continuing to be the biggest contributor to its burgeoning losses. However, In... Read More


[Update] PB Fintech Shares Jump 5% After Strong Q2 Results

India, Oct. 30 -- Update | 17:16 IST Shares of PB Fintech surged nearly 7%, ending the trading session at INR 1,843 on the BSE today. The rally lifted the company's market capitalisation to INR 84,6... Read More


[Update] Swiggy Mulls Raising INR 10,000 Cr Via QIP

India, Oct. 30 -- Update | October 30, 16:30 IST Foodtech major Swiggy is planning to raise up to INR 10,000 Cr via a qualified institutional placement (QIP). In an exchange filing, the company said... Read More


Swiggy Q2: Loss Surges 74% YoY To INR 1,092 Cr

India, Oct. 30 -- Swiggy continued to bleed heavily in the second quarter of FY26. The foodtech major's net loss for the period zoomed 74.4% to INR 1,092 Cr from INR 626 Cr in Q2 FY25. On a sequential... Read More


Amazon To Lay Off 800-1,000 Employees In India

India, Oct. 30 -- As part of a global retrenchment exercise, ecommerce major Amazon may reportedly lay off 800 to 1,000 corporate employees in India. A source told Economic Times that the layoffs wil... Read More