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RentoMojo Files RHP, Uber India Axes 200 Jobs & More

India, Sept. 4 -- RentoMojo Gears Up For IPO RentoMojo is just weeks away from its D-Street debut. The furniture and appliance rental startup has filed its red herring prospectus with SEBI, which wil... Read More


Leanwatts Bags $2 Mn To Build Portable EV Chargers In India

India, Sept. 4 -- Clean tech startup Leanwatts, which manufactures EV chargers, has raised $2 Mn (around Rs.18 Cr) in its seed funding round led by Trivest Partners. The round also saw participation f... Read More


RentoMojo's FY26 Profit Zooms 142% YoY To Rs.104 Cr, Revenue Up 46%

India, Sept. 4 -- IPO-bound furniture and appliance rental startup RentoMojo's restated profit after tax (PAT) surged nearly 142% Rs.104.2 Cr in the fiscal year 2025-26 (FY26) compared to Rs.43.1 Cr i... Read More


Cars24 Trims FY26 Net Loss By 19% YoY To Rs.441 Cr, Revenue Slides 18%

India, Sept. 4 -- Used car marketplace Cars24 managed to trim its net loss for the fiscal year FY26 by 18.7% to Rs.441.1 Cr from Rs.542.7 Cr in the previous fiscal. The improvement in the bottom line... Read More


Uber To Lay Off 200-250 Employees In India Amid Global Restructuring

India, Sept. 3 -- Ride-hailing major Uber is laying off around 200-250 employees in India as part of a broader global restructuring that will see the company eliminate about 3,300 roles. The India la... Read More


Ultrahuman Bags $70 Mn To Build An Integrated Healthtech Platform

India, Sept. 3 -- With an eye on expanding its health intelligence platform, smart ring maker Ultrahuman has raised $70 Mn (nearly Rs.662 Cr) in a fresh funding round, which saw participation from Qua... Read More


RentoMojo Files RHP, Trims OFS Component To 2.7 Cr Shares

India, Sept. 3 -- Months after receiving the markets regulator's nod for its IPO, furniture and appliance rental startup RentoMojo has filed its red herring prospectus (RHP) with the Securities and Ex... Read More


RentoMojo Files RHP, Trims OFS To 2.7 Cr Shares

India, Sept. 3 -- Months after receiving the markets regulator's nod for its IPO, furniture and appliance rental startup RentoMojo has filed its red herring prospectus (RHP) with the Securities and Ex... Read More


SoftBank Offloads Meesho Stake Worth Rs.1,650 Cr

India, Sept. 3 -- After paring stake in Lenskart, global tech investor SoftBank offloaded 8 Cr equity shares in ecommerce platform Meesho, representing a 1.7% stake, in the company for Rs.1,650.40 Cr,... Read More


Furlenco's FY26 Profit Surges Multifold To Rs.59.5 Cr, Revenue Up 62% YoY

India, Sept. 3 -- After turning profitable in the fiscal year FY25, furniture rental startup Furlenco saw its net profit for the fiscal year FY26 skyrocket to Rs.59.5 Cr. This is a near 20X jump from ... Read More