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Shadowfax IPO To Open Next Week, Targets INR 7,400 Cr Valuation

India, Jan. 12 -- Logistics startup Shadowfax is reportedly set to open its initial public offering (IPO) next week. The company would be aiming for an IPO valuation of around INR 7,400 Cr (about $890... Read More


Indian Crypto Startups Brace For Compliance Storm Under New KYC Mandates

India, Jan. 12 -- India's Financial Intelligence Unit (FIU) has updated protocols for cryptocurrency exchanges to improve anti-money laundering (AML) and KYC measures in an effort to curb illegal acti... Read More


PumPumPum Bags INR 18 Cr To Scale Used Car Leasing Services

India, Jan. 12 -- Monthly car subscription service platform PumPumPum has secured INR 18 Cr ($2 Mn) in a pre-Series A funding round led by existing investor LC Nueva, with participation from Mufin Gre... Read More


Elevation Capital-Backed AI Startup Alle Shuts Shop

India, Jan. 12 -- Elevation Capital-backed AI fashion stylist platform Alle has officially shut its operations. In a LinkedIn post, cofounder Prateek Agarwal said that the decision to shutter shop was... Read More


Amagi IPO: A New Test For Public Markets

India, Jan. 12 -- India's new-age IPO market is entering a new phase. After 18 new-age companies went public in 2025, the pipeline is set to expand further, with as many as 48 listings expected over t... Read More


Dharana Capital Raises $250 Mn For Second Fund

India, Jan. 12 -- Urban Company-backer Dharana Capital has raised $250 Mn (INR 2,254.8 Cr) as part of its second growth fund today to back tech and consumer businesses in India. With the close of Fun... Read More


MapmyIndia Acquires 6% Stake In Iwayplus To Foray Into Indoor Navigation

India, Jan. 12 -- Listed geotech major MapmyIndia's has acquired a minority stake of about 6% for INR 2 Cr in indoor navigation startup Iwayplus. The company said the investment is part of its plan t... Read More


CtrlB's Second Innings: From Debugging Code To Filtering Bad Data

India, Jan. 12 -- For the new age tech industry and for AI companies, data is as good as 'oil'. Just as crude oil fuelled the development of automobiles, petroleum, chemicals and manufacturing around ... Read More


D2C Brand Neeman's Raises $4 Mn To Expand Offline Presence

India, Jan. 12 -- D2C footwear brand Neeman's has raised $4 Mn (around INR 35 Cr) in its Series B2 funding round led by SNAM Group, via its investment arm SNAM Solutions. While SNAM Group invested IN... Read More


X Removes Vulgar Content Generated By Grok After MeitY Notice

India, Jan. 12 -- Elon Musk's social media platform X has removed 3,500 posts of obscene content, mostly generated through Grok - the chatbot developed by xAI - after the electronics and IT ministry (... Read More