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Here's Everything You Need To Know About Post-Money Valuation

India, May 16 -- What Is Post-Money Valuation? Post-money valuation refers to the estimated market value of a company after it has received external financing or capital injections. This valuation is... Read More


EV Components Maker Matel Bags $4 Mn From Transition VC, Others

India, May 16 -- Matel, a startup which makes components like power trains and motor control units for electric vehicles, has raised $4 Mn (INR 33.3 Cr) in a Series A funding round led by Transition V... Read More


Soket AI Labs Partners Google Cloud To Launch Open-Source Multilingual Model Pragna-1B

India, May 16 -- Homegrown GenAI startup Soket AI Labs has launched India's first open-source multilingual foundational model Pragna-1B in partnership with Google Cloud. As per CNBC-TV18, the model w... Read More


IAMAI Warns Draft Digital Competition Bill Will 'Dry Up' VC Funding In Tech Startups

India, May 16 -- The Internet and Mobile Association of India (IAMAI) has written to the Corporate Affairs Ministry, expressing apprehensions that the draft Digital Competition Bill will have adverse ... Read More


InstaAstro Nets $2.3 Mn To Fuel Its Astrology Offerings, Expand Into Southern States

India, May 16 -- Noida-based astrotech startup InstaAstro has raised INR 18.5 Cr (around $2.3 Mn) in a Pre-Series A funding round led by existing investor Artha Venture Fund. The round also saw parti... Read More


Awfis Sets Price Band Of INR 364-INR 383 For INR 599 Cr IPO

India, May 16 -- Coworking startup Awfis has set a price band of INR 364-INR 383 for its upcoming initial public offering (IPO). Its IPO comprises a fresh issue of shares worth INR 128 Cr and an offe... Read More


D2C Paan Brand The Betel Leaf Gets Funding From Inflection Point Ventures, Venture Catalysts

India, May 16 -- Bengaluru-based online paan startup The Betel Leaf has raised $1.2 Mn (around INR 10 Cr) in a bridge funding round co-led by Inflection Point Ventures and Venture Catalysts. The star... Read More


PhonePe Rolls Out UPI Payments For Indian Travellers In Sri Lanka

India, May 16 -- Fintech major PhonePe has partnered with LankaPay to enable Unified Payments Interface (UPI) payments for Indian users travelling to Sri Lanka. As part of the collaboration, PhonePe ... Read More


Ecommerce Players Support Centre's Move To Make Quality Consumer Review Norms Mandatory

India, May 15 -- Consensus has emerged among ecommerce platforms over backing the Centre's proposal to make compliance mandatory with the quality norms for consumer reviews. At a meeting on Wednesday... Read More


TBO Tek Makes A Strong Market Debut, Lists At Over 55% Premium On NSE

India, May 15 -- B2B travel portal Travel Boutique Online or TBO made a strong entry on the public market on Wednesday (May 15) as it listed at INR 1,426, a 55% premium over the issue price of INR 920... Read More