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slice Eyes $100 Mn Funding At 60% Valuation Cut As Bank Valuation Takes Shape

India, Sept. 3 -- Fintech unicorn turned small finance bank (SFB) slice is set to raise around $100 Mn in fresh funding at a valuation of $450 Mn-$465 Mn, marking a sharp decline from the startup's la... Read More


Zerodha Gets SEBI Nod For Merchant Banking, To Focus On New-Age IPOs

India, Sept. 3 -- Stockbroking major Zerodha has received SEBI's approval to operate as a merchant banker through its wholly owned subsidiary Zerodha Corporate Advisors Pvt Ltd. The approval comes mo... Read More


Everstone Capital-Backed Wingify Ropes In Ex-Dayforce Mehernaz Dalal As CFO

India, Sept. 3 -- SaaS major Wingify has appointed former Dayforce APAC CFO Mehernaz Dalal its new CFO, effective immediately. Dalal most recently has been an independent CFO and strategic advisor to... Read More


Simple Energy Catches The Mass-Market Wave

India, Sept. 3 -- After years of chasing premium and performance-focused buyers, EV startups are now setting their sights on the mass market. While EV startups initially built their propositions aroun... Read More


NCLT Orders Status Quo On BYJU'S Assets Sold For Rs.16 Cr

India, Sept. 3 -- The NCLT has directed the resolution professional (RP) of BYJU'S parent Think and Learn Pvt Ltd (TLPL) and successful bidder Comprint Tech Solutions (India) to maintain status quo on... Read More


D2C Smart Crib Brand Cradlewise Raises $12 Mn To Expand Product Portfolio

India, Sept. 3 -- D2C smart crib brand Cradlewise has raised $12 Mn (about Rs.xx Cr) in a Series A funding round led by 3one4 Capital and Prudent Investment Management. The San Francisco-headquartere... Read More


The Ayurveda Co Shuts Down After Overexpansion Derails Business

India, Sept. 3 -- D2C ayurvedic beauty and personal care brand The Ayurveda Co (T.A.C) has shut down, more than a year after it ceased operations, cofounder Param Bhargava said in a LinkedIn post. Bh... Read More


Inside Yes Madam's Bet To Own The Full At-Home Beauty Stack

India, Sept. 3 -- Despite growing demand for non-invasive aesthetic treatments such as laser hair reduction, skin resurfacing, pigmentation removal and chemical peels, access remains a challenge. For... Read More


Adobe Acquires Peak XV-Backed AI Martech Startup Rilo

India, Sept. 2 -- Software giant Adobe has acquired Peak XV Partners-backed martech startup Rilo for an undisclosed amount. An Adobe spokesperson confirmed the development to Inc42. However, there ap... Read More


Eutelsat OneWeb Seeks Urgent Security Nod To Launch Satcom Services In India: Report

India, Sept. 2 -- Bharti Group-backed satcom services provider Eutelsat OneWeb has sought the immediate grant of security approval for its low Earth orbit (LEO) satellite constellation, which would ta... Read More