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Truemeds Eyes DealShare Acquisition At $90 Mn, 95% Below Peak Valuation: Report

India, Aug. 31 -- Ecommerce unicorn DealShare is reportedly in advanced talks to be acquired by online pharmacy Truemeds through a share-swap transaction. The proposed deal could value DealShare at a... Read More


Zerodha's Diversification Clock Is Ticking

India, Aug. 30 -- Zerodha's core business is no longer growing. Regulatory curbs and changing investor behaviour are cooling trading activity and squeezing brokerage revenue. Broking revenue fell 10.... Read More


From Third Wave Coffee To MATTER - Indian Startups Raised Over $210 Mn This Week

India, Aug. 29 -- Indian startup funding activity took a minor hit in the last week of August. Twenty three startups managed to raise a combined $210.3 Mn between August 24 and August 28. This was 9.8... Read More


Ola Electric Secures Centre's Rs.95.81 Cr Incentive Under PLI-Auto Scheme

India, Aug. 29 -- Electric two-wheeler maker Ola Electric has secured a Rs.95.81 Cr incentive under the government's Production Linked Incentive (PLI) Scheme from the Ministry of Heavy Industries. Un... Read More


New-Age Tech Stocks See Mixed Week; Ather Rallies 10%, Shiprocket Falls 9%

India, Aug. 29 -- Investor sentiment towards new-age tech stocks remained subdued this week even as the IPO pipeline continued to expand. Shiprocket, LEAP India, and Klassroom made their stock market... Read More


Meta's $18 Bn Settlement: Why Should Teen Safety Stop At The US Border?

India, Aug. 29 -- Earlier this week, Meta agreed to pay approximately $18 Bn to settle lawsuits brought by a bipartisan group of 52 attorneys general from US states, territories, and the District of C... Read More


Raise Financial Hires Ex-Upstox Exec Abhishek Singh To Helm New Insurtech Bet

India, Aug. 29 -- Fintech unicorn Raise Financial Services has roped in former Upstox executive Abhishek Singh as the chief executive officer (CEO) of its new insurtech vertical Pluto Insurance. Sing... Read More


Ather Launches Konarc Escooter At Rs.99,999, Offers Up To 200 Km Range

India, Aug. 29 -- EV maker Ather Energy launched its new Konarc electric scooter at its annual Community Day today. Starting at Rs.99,999, the Konarc is aimed at the mass-market segment. The scooter ... Read More


[Update] Sandhya Devanathan Leaves Meta For New Role At OpenAI

India, Aug. 29 -- Update | August 29, 01:54 AM IST Hours after Sandhya Devanathan said that she had stepped down as the India and Southeast Asia vice president of social media giant Meta, it has now ... Read More


Alpha Wave Ventures Sells Rs.1,857 Cr Stake In Lenskart Via Block Deals

India, Aug. 29 -- Early backers continue to dilute their shareholding in Lenskart. Alpha Wave Ventures has now offloaded 2.94 Cr shares of the omnichannel eyewear giant in multiple block deals for Rs.... Read More