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Did Swiggy Hive Off Instamart To Help In Inventory Pivot, Fund Raise?

India, Sept. 25 -- Swiggy's double move to hive off its quick commerce vertical Instamart into a step-down subsidiary and exit mobility startup Rapido underscores a strategic shift in its playbook. T... Read More


Swiggy's Instamart Hive-Off: First Step In Inventory Model Pivot?

India, Sept. 25 -- Swiggy's double move to hive off its quick commerce vertical Instamart into a step-down subsidiary and exit mobility startup Rapido underscores a strategic shift in its playbook. T... Read More


Bipin Shah-Led Zeropearl VC Closes Maiden Fund At INR 159 Cr

India, Sept. 25 -- Titan Capital's former managing partner Bipin Shah-led micro VC firm Zeropearl VC has announced the final close of its maiden fund at INR 159 Cr (around $18 Mn). In a statement, th... Read More


Former Zomato CEO Rakesh Ranjan To Lead Allen's Digital Arm

India, Sept. 24 -- Rakesh Ranjan, former CEO of Zomato's food delivery business, has joined test preparation centre Allen Career Institute as the CEO of its digital arm. Ranjan succeeds Abha Maheshwa... Read More


[Update] PharmEasy Raises INR 1,700 Cr Debt By Pledging 61% Stake In Thyrocare

India, Sept. 24 -- Update | September 24, 22:00 PM Online pharmacy PharmEasy's parent company API Holdings Limited has raised INR 1,700 Cr ($193 Mn) via redeemable non-convertible debentures (NCDs) t... Read More


PhonePe Files Confidential IPO Papers With SEBI

India, Sept. 24 -- Walmart-owned fintech giant PhonePe has pre-filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company is looking to raise ab... Read More


Emergent Bags $23 Mn From Lightspeed, Others To Automate App Development

India, Sept. 24 -- Agentic AI startup Emergent, founded by ex-Dunzo cofounder and CTO Mukund Jha along with his brother Madhav Jha, has raised $23 Mn (approximately INR 204 crore) in its Series A roun... Read More


Porter Delivers Profits, Seekho's Close Call & More

India, Sept. 24 -- Porter's FY25 Turnaround Porter finally turned profitable in FY25. The logistics unicorn achieved the milestone on the back of soaring revenues and improved margins, signalling a n... Read More


Karnataka HC Rejects X Challenge To Centre's Content Blocking Orders

India, Sept. 24 -- Adding another layer to the face-off between Elon Musk's X and the central government, Karnataka's high court (HC) has now reportedly dismissed the former's plea seeking relief on t... Read More


Good Capital Closes Second Fund At $30 Mn

India, Sept. 24 -- VC firm Good Capital has marked the final close of its second fund at $30 Mn (about INR 260 Cr). In a statement, the early-stage investment firm said that the fund has got commitme... Read More