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How LenDenClub Cracked The P2P Lending Code Amid The RBI Crackdown

India, Oct. 7 -- In 2024, LenDenClub, a Mumbai-based peer-to-peer (P2P) lender, plunged into the red, posting a double-digit loss of INR 14.17 Cr, as its operations were hit hard under a strict regula... Read More


AI-Powered Legal Tech Startup Lucio Raises $5 Mn

India, Oct. 7 -- Bengaluru-based legal tech AI startup Lucio has secured $5 Mn in its seed round led by DeVC, with participation from Lucky Investment Managers' cofounder Ashish Kacholia and Alchemy C... Read More


WeWork India IPO: Issue Subscribed 39% On Day 3 So Far

India, Oct. 7 -- WeWork India's IPO continued seeing subdued interest on the third day of bidding, and was subscribed 39% at 12:45 today as against 13% subscription on Day 2. The issue received bids f... Read More


KGen Nets $13.5 Mn To Build Verified Distribution Protocol For AI Companies

India, Oct. 7 -- Blockchain startup KGeN (Kratos Gamified Engagement Network) has raised $13.5 Mn (around INR 119.7 Cr) in a strategic funding round from Prosus Ventures, Jump Crypto and Accel. In a ... Read More


IPO-Bound Groww Completes Acquisition Of Fisdom After SEBI Nod

India, Oct. 7 -- IPO-bound investment tech startup Groww has completed the acquisition of wealthtech platform Fisdom after receiving the Securities Exchange Board of India's (SEBI) approval, sources t... Read More


Baby Care Quick Commerce Platform OZi Bags $3.3 Mn From Blume, Others

India, Oct. 6 -- Delhi NCR-based baby care quick commerce platform OZi has raised $3.3 Mn in its seed funding round led by Blume Ventures. The startup's maiden funding round also saw participation fro... Read More


Goldman Sachs Dumps More Eternal Shares Worth INR 266 Cr

India, Oct. 6 -- Financial services company Goldman Sachs has sold yet another 8.1 Cr shares in Zomato's parent Eternal in a block deal worth INR 266.1 Cr. As per NSE data, Goldman Sachs Bank Europe ... Read More


[Update] Flipkart Exits Aditya Birla Lifestyle Brands Via INR 998 Cr Block Deal

India, Oct. 6 -- Update | October 6, 22:10 PM Flipkart's investment vehicle, Flipkart Investments Private Limited, has sold 7.32 Cr shares in Aditya Birla Lifestyle Brands Ltd (ABLB) via a block deal... Read More


Nykaa Expects Mid-Twenties Revenue Growth In Q2 FY26

India, Oct. 6 -- Beauty and fashion ecommerce major Nykaa expects its revenue growth to be in mid-twenties in the second quarter of FY26, as both its verticals saw strong growth. In its quarterly bus... Read More


Cashify Trims Loss By 80% To INR 11 Cr In FY25

India, Oct. 6 -- Recommerce startup Cashify trimmed its net loss 80% to INR 10.6 Cr in the financial year 2024-25 (FY25) from INR 53.3 Cr in the previous fiscal year on the back of a notable uptick in... Read More