India, Sept. 24 -- Porter's FY25 Turnaround Porter finally turned profitable in FY25. The logistics unicorn achieved the milestone on the back of soaring revenues and improved margins, signalling a n... Read More
India, Sept. 24 -- Adding another layer to the face-off between Elon Musk's X and the central government, Karnataka's high court (HC) has now reportedly dismissed the former's plea seeking relief on t... Read More
India, Sept. 24 -- VC firm Good Capital has marked the final close of its second fund at $30 Mn (about INR 260 Cr). In a statement, the early-stage investment firm said that the fund has got commitme... Read More
India, Sept. 24 -- Shortly after Swiggy's board approved a proposal to sell its entire stake in Rapido for $270 Mn (INR 2,400 Cr), the ride-hailing unicorn is now reported to be eyeing closing the fun... Read More
India, Sept. 24 -- Drone tech company ideaForge's wholly owned US subsidiary, ideaForge Technology Inc, is setting up a joint venture (JV) with US-based ammunition component manufacturer First Breach ... Read More
India, Sept. 24 -- D2C brand P-TAL has raised $3 Mn in its Series A funding round led by Venture Catalysts' syndicated fund VC Grid and Nikhil Kamath's Rainmatter. The funding round also saw particip... Read More
India, Sept. 24 -- In the run-up to its $1.2-1.5 Bn public listing early next year, PhonePe is busy resolving its biggest challenge: wafer-thin margins in its core payments business and the need to bu... Read More
India, Sept. 24 -- Investment and savings platform Gullak has raised $7.5 Mn (about INR 66.5 Cr) in its Series A round led by Chiratae Ventures, along with participation from White Venture Capital, Sa... Read More
India, Sept. 24 -- Fintech giant Paytm's wealth tech arm Paytm Money has joined hands with Reliance-backed Jio BlackRock to launch a new AI-powered systematic active equity (SAE) fund for retail inves... Read More
India, Sept. 24 -- Battery tech startup Xbattery has raised $2.3 Mn in its seed funding round led by Bipin Patel Family Office, with participation from financial services company Jhaveri Credits. The... Read More