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Cross Border Fintech Startup HiWiPay Nets $2M From Unicorn India Ventures, Others

India, Feb. 26 -- Cross border fintech platform HiWiPay has raised $2 Mn (around INR 17.4Cr) in a seed funding round led by Unicorn India Ventures. The round also saw participation from Dewang Nerall... Read More


Darwinbox Seeks Fresh Funding Of Up To $150 Mn: Report

India, Feb. 26 -- HR tech platform Darwinbox is reportedly in talks to raise $120-150 Mn (around INR 1,045 Cr) in a fresh funding round to be led by global private equity firms KKR and Partners Group.... Read More


Zomato Shares Rally 3% On Fresh Blinkit Infusion, Bernstein's 'Outperform' Call

India, Feb. 25 -- Shares of foodtech major Zomato surged as much as 3.16% to INR 229.65 during the early trading session on the BSE today (February 25). Even at 11 AM, the stock remained up by 3.1% a... Read More


InCred Finance To Acquire TruCap's Gold Loan Business For INR 330 Cr

India, Feb. 25 -- In a strategic move to diversify its secured lending offerings, InCred Finance is acquiring TruCap Finance's gold loan division. The acquisition, to be executed via a slump sale, wil... Read More


Swiggy Shares Slip 4% During Morning Trade

India, Feb. 25 -- Shares of foodtech giant Swiggy slipped almost 4% to INR 350.75 during the intraday trading session on the BSE today (February 25). This comes after the company on Friday (February ... Read More


Elevation Capital Partner & COO Vivek Mathur Quits After 14-Year Stint

India, Feb. 25 -- Vivek Mathur, partner and chief operating officer (COO) at Elevation Capital, has quit the venture capital firm after 14 years to focus on advisory and mentorship. "I have transitio... Read More


Will Jewelbox's Everyday Designs Carve A Niche In Lab-Grown Diamonds?

India, Feb. 25 -- Vidita Kochar Jain was stunned by the big diamond studded on the proposal ring. The boyfriend was aspiring to be the husband. It must have been frightfully expensive - the thought ke... Read More


Flipkart-Backed super.money Buys BharatX To Expand Credit Offerings

India, Feb. 25 -- Flipkart-backed super.money has bought buy-now-pay-later (BNPL) fintech startup BharatX to strengthen its credit offerings, particularly in the checkout financing space. Although th... Read More


India Railways To Partner IIT-Madras To Build Air Mobility Solutions

India, Feb. 25 -- Railway minister Ashwini Vaishnaw has reportedly announced that the ministry will collaborate with IIT-Madras to develop vertical take-off and landing (VTOL) vehicles. As per PTI, t... Read More


Pristyn Care's Loss Flat At INR 381 Cr In FY24

India, Feb. 25 -- Healthtech startup Pristyn Care reported a net loss of INR 381 Cr in the financial year 2023-24 (FY24), down a negligible 0.42% from INR 382.6 Cr in the previous fiscal year. The st... Read More