Exclusive

Publication

Byline

Location

Digital Payments Startup ToneTag Bags $78 Mn To Expand Its Solutions

India, Feb. 11 -- Digital payments startup ToneTag has raised Series B2 funding of INR 674 Cr ($77.5 Mn) in a mix of primary and secondary deal co-led by ValueQuest Scale Fund and Iron Pillar. The ro... Read More


Exclusive: Rapido To Raise INR 250 Cr From Prosus

India, Feb. 11 -- Ride-hailing major Rapido is raising INR 250 Cr (about $28.9 Mn) from Prosus in what seems like its ongoing Series E round. Prosus is acquiring a 2.9% stake in the startup at the sa... Read More


ideaForge Allots 32K Shares Under ESOP Scheme; Shares Slide 3%

India, Feb. 11 -- Shares of ideaForge fell as low as 3.2% to INR 417.05 apiece during the intraday trading session on the BSE today (February 11), compared to its previous close of INR 430.85 per shar... Read More


Tamil Nadu Bans Online Real Money Gaming For Minors

India, Feb. 11 -- The Tamil Nadu Online Gaming Authority has now issued a new set of norms governing real money online games in the state. The new rules, called Tamil Nadu Online Gaming Authority (Re... Read More


Awfis Posts INR 15 Cr Profit In Q3, Revenue Up 44% YoY

India, Feb. 11 -- Coworking space provider Awfis reported a consolidated net profit of INR 15.18 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) as against a loss of INR 6.29 Cr in the ye... Read More


Actor Pankaj Tripathi Joins Audio OTT Platform Velvet As Cofounder

India, Feb. 11 -- Audio OTT platform Velvet has roped in actor Pankaj Tripathi as a cofounder. Founded in 2024 by actor and dialogue coach Vikas Kumar, Akshat Saxena, Varad Bhatnagar and Sharib Khan,... Read More


What Happens When A VC Fund Changes Direction? A Guide For LPs To Stay Protected

India, Feb. 11 -- This article is part of our 10-part series, Insider Secrets: What LPs Must Know to Invest in VC Funds in India, where we decode key insights for navigating this asset class with conf... Read More


Digantara To Invest Up To $15 Mn For Building Spacecraft Manufacturing Unit In US

India, Feb. 11 -- Expanding its footprint in the US, Bengaluru-based spacetech startup Digantara is looking to invest $10-15 Mn over the next six to eight months to build a dedicated spacecraft manufa... Read More


IXP Launches INR 200 Cr Early Stage Fund For Life Sciences Sector

India, Feb. 11 -- PE firm JV Ventures' life sciences-focussed arm Innovation Acceleration Platform (IXP) has launched its first fund to invest in early stage startups. The fund, IXP Lifesciences Cata... Read More


SEBI Returns Coworking Space Provider Dev X's IPO Papers

India, Feb. 11 -- Market regulator Securities and Exchanges Board of India (SEBI) has returned the draft red herring prospectus (DRHP) of managed office space provider DevX (Dev Accelerator Ltd). As ... Read More