India, Sept. 24 -- Shortly after Swiggy's board approved a proposal to sell its entire stake in Rapido for $270 Mn (INR 2,400 Cr), the ride-hailing unicorn is now reported to be eyeing closing the fun... Read More
India, Sept. 24 -- Drone tech company ideaForge's wholly owned US subsidiary, ideaForge Technology Inc, is setting up a joint venture (JV) with US-based ammunition component manufacturer First Breach ... Read More
India, Sept. 24 -- D2C brand P-TAL has raised $3 Mn in its Series A funding round led by Venture Catalysts' syndicated fund VC Grid and Nikhil Kamath's Rainmatter. The funding round also saw particip... Read More
India, Sept. 24 -- In the run-up to its $1.2-1.5 Bn public listing early next year, PhonePe is busy resolving its biggest challenge: wafer-thin margins in its core payments business and the need to bu... Read More
India, Sept. 24 -- Investment and savings platform Gullak has raised $7.5 Mn (about INR 66.5 Cr) in its Series A round led by Chiratae Ventures, along with participation from White Venture Capital, Sa... Read More
India, Sept. 24 -- Fintech giant Paytm's wealth tech arm Paytm Money has joined hands with Reliance-backed Jio BlackRock to launch a new AI-powered systematic active equity (SAE) fund for retail inves... Read More
India, Sept. 24 -- Battery tech startup Xbattery has raised $2.3 Mn in its seed funding round led by Bipin Patel Family Office, with participation from financial services company Jhaveri Credits. The... Read More
India, Sept. 24 -- Amid 8,000 acres of protected forest at the foothills of the Shivaliks, India's first individual Olympic gold medallist, Abhinav Bindra, laid bare what it truly takes to become the ... Read More
India, Sept. 24 -- Foodtech major Swiggy will hive off its quick commerce arm Instamart into a separate, step-down subsidiary. In a filing with the exchanges, Swiggy said that its board approved a pr... Read More
India, Sept. 24 -- Former Meesho executive Utkrishta Kumar's new AI-led fintech venture Oolka has raised $7 Mn (around INR 62 Cr) in its seed funding round co-led by Lightspeed India and Z47 (formerly... Read More