Exclusive

Publication

Byline

Location

Swiggy Allots 38.8 Lakh Shares Under ESOP Scheme

India, July 12 -- Swiggy's board has approved an allotment of 38.8 Lakh equity shares under its employee stock option plan (ESOP). As per the company's regulatory filing, Swiggy's board approved the ... Read More


Jio Platforms Unveils Cloud-Based Virtual Desktop

India, July 12 -- Reliance Industries' digital arm, Jio Platforms, has launched a cloud-based virtual desktop service for its set-top box users. In a statement, the company claimed that the AI-powere... Read More


How LISSUN's Founder Turned His Personal Crisis Into The Startup's Mission Statement

India, July 12 -- Anxiety, depression, burnout, loneliness, low self-esteem - these are all part of mainstream discussions today on social media and in the public sphere, yet access to professional he... Read More


Will Wakefit Wake Up To A Blockbuster IPO?

India, July 12 -- Peak XV-backed Wakefit has become the first new-age furniture and mattress brand to file for an initial public offering (IPO). While Sheela Foam, the 50-year-old category leader in t... Read More


Exclusive: Home Decor Startup Vaaree Closes Pre-Series A Round At $4.6 Mn

India, July 12 -- Home decor marketplace Vaaree has raised INR 17.98 Cr (around $2.09 Mn) in an extended pre-Series A funding round from existing investors PeerCapital and Peak XV's Surge Ventures. T... Read More


Lendingkart Finance Slips Into Red, Posts INR 288 Cr Loss In FY25

India, July 12 -- Caught in a top-deck turmoil, fintech startup Lendingkart's NBFC arm Lendingkart Finance slipped into the red in FY25 due to a rise in impairment costs and decline in its top line. ... Read More


Quick Fashion Startup Blip Shuts Shop

India, July 12 -- Just over a year after beginning operations, fashion quick commerce startup Blip has shut shop. Incidentally, the startup was one of the first to launch the quick delivery model for ... Read More


[Update] Tesla To Open Maiden India Showroom On July 15, Deliveries From Aug

India, July 12 -- Update | July 12, 02:25 AM EV major Tesla is likely to begin the deliveries of its cars in India by late August. Citing sources, Bloomberg reported that customers will be able to c... Read More


From Infinity Fincorp To Chai Bisket - Indian Startups Raised $133 Mn This Week

India, July 12 -- Funding momentum across the Indian startup ecosystem witnessed a slight dip after two weeks of heightened investor activity. Between July 7 and 12, startups raised $132.9 Mn across 1... Read More


Delhi HC Stays INR 1,140 Cr Angel Tax Demand Against OYO

India, July 12 -- In a major reprieve for OYO, the Delhi High Court (HC) has reportedly stayed the recovery of tax demand worth nearly INR 1,140 Cr from the hospitality giant under the erstwhile angel... Read More