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General Atlantic Doubles Down On IPO-Bound PhonePe, Invests $600 Mn

India, Oct. 30 -- IPO-bound fintech major PhonePe has raised $600 Mn (INR 5,304 Cr) from its existing investor General Atlantic via a secondary transaction, sources told Inc42. With the investment, G... Read More


Groww IPO: Issue To Open On Nov 4, Price Band Set At INR 95-100

India, Oct. 30 -- Investment tech major Groww's highly-anticipated IPO will open on November 4 and close on November 7. As per the company's RHP, anchor investor bidding will take place on November 3... Read More


Dabur Launches INR 500 Cr Venture Arm To Back D2C Startups

India, Oct. 30 -- Consumer goods giant Dabur India has launched a new investment platform, Dabur Ventures, to back high-growth, digital-first businesses. The company's board approved a capital allocat... Read More


Inventory-Led Model Inevitable For Instamart: Swiggy CEO

India, Oct. 30 -- Swiggy's quick commerce business Swiggy Instamart will eventually move to an inventory-led model, like its rival Eternal-owned Blinkit. Responding to a question on Instamart moving ... Read More


SalarySe Nets $11.3 Mn To Scale Its Salary-Linked Credit Platform

India, Oct. 30 -- Fintech startup SalarySe has raised $11.3 Mn (around INR 94 Cr) in its Series A round led by Flourish Ventures. The round also saw participation from Susquehanna Asia VC (SIG) and ex... Read More


Early Mover Zing Abandons Quick Food Delivery, Looks To Pivot To Grocery

India, Oct. 30 -- Quick launch, quick shutdown. It's been something of a theme in 2025 so far. Whether it is flash-in-the-pan AI startups or quick commerce first-movers like Zing, the 10-minute food d... Read More


Inside DeHaat's INR 3,000 Cr Scale And Its Long Road To Profitability

India, Oct. 30 -- For any farmer, the harvest is the moment of truth. After a long season of work, you finally see what your toil has yielded. In the corporate fields of Indian agritech, DeHaat just a... Read More


Helex Raises $3.5 Mn To Develop Targeted Medicines For Genetic Kidney Diseases

India, Oct. 30 -- Biotech startup Helex has raised $3.5 Mn (around INR 31 Cr) in its seed funding round led by pi Ventures, with participation from a host of investors, including Bluehill.VC, US-based... Read More


[Update] Snabbit Raises $30 Mn From Bertelsmann, Lightspeed

India, Oct. 30 -- Update | October 30, 18:20 IST Quick home service startup Snabbit has raised $30 Mn (about INR 265 Cr) in its Series C funding round led by Bertelsmann India Investments (BII), with... Read More


Drip Capital Nets $50 Mn Debt To Offer Working Capital To SMBs

India, Oct. 30 -- Trade financing startup Drip Capital has raised $50 Mn (INR 441.5 Cr) in a debt funding round led by Canada-based Toronto-Dominion Bank. The deal will also have an additional $25 Mn... Read More