India, Aug. 19 -- US-based startup accelerator Y Combinator has sold shares worth Rs.1,435.2 Cr in Groww parent Billionbrains Garage Ventures through a bulk deal, marking another partial exit from one... Read More
India, Aug. 18 -- AI-powered lending tech startup Rezolv has raised $12.5 Mn (about Rs.115 Cr) in a Series A funding round led by Norwest. Vertex Ventures Southeast Asia and India and existing investo... Read More
India, Aug. 18 -- In last week's edition of The Checkout, we explored how efficient dark store management will be central to quick commerce platforms' festive season sales strategies. Therefore, this ... Read More
India, Aug. 18 -- Vijay Shekhar Sharma-owned Resilient Asset Management, acting on behalf of Alibaba Group affiliate Antfin, has offloaded 1.92 Cr shares in fintech major Paytm in a block deal worth a... Read More
India, Aug. 18 -- Razorpay has launched a transformer-based AI foundation model Vulcan built to expedite digital payments. The IPO-bound startup claims that the model can make every digital payment mo... Read More
India, Aug. 18 -- Social media giant Meta has reportedly begun taking steps to address concerns raised by the Central government over child sexual abuse material (CSAM), deepfakes, unlabelled AI-gener... Read More
India, Aug. 18 -- At Swiggy's 13th Annual General Meeting (AGM), the foodtech giant's shareholders voted to cap its aggregate foreign ownership at 49.5% and to tweak the company's Articles of associat... Read More
India, Aug. 18 -- IPO-bound education-focused SaaS company NoPaperForms, which got SEBI's nod for its IPO in March this year, saw its profit after tax jump 6.3X to Rs.11.9 Cr in the financial year end... Read More
India, Aug. 18 -- Will Sellers Embrace AI Blitz? The AI war in the Indian ecommerce space is now moving into the seller realm. Online marketplaces are using AI tools to automate catalogues, forecast ... Read More
India, Aug. 18 -- Months after receiving a regulatory nod for its NBFC licence, MobiKwik has now completed the transfer of its digital lending operations and associated team to its wholly owned subsid... Read More