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Speciale Invest To Launch INR 1,400 Cr Fund For Growth Stage Deeptech Startups

India, Dec. 18 -- VC firm Speciale Invest plans to launch a growth stage fund with a target corpus of INR 1,400 Cr ($155.3 Mn) to back deeptech startups. In a statement, the firm said it plans to rai... Read More


EV Startup Oben Electric Raises INR 85 Cr To Scale Distribution Network

India, Dec. 18 -- Electric bike maker Oben Electric has raised INR 85 Cr (about $10 Mn) in its pre-Series B funding round from Indian-American family offices based in the US, largely with manufacturin... Read More


Paytm Gets PA Licences For Offline & Cross-Border Transactions

India, Dec. 17 -- Shortly after receiving online payment aggregator (PA) licence last month, fintech major Paytm's payments subsidiary Paytm Payments Services Ltd (PPSL) has now bagged another three c... Read More


[Update] Bhavish Aggarwal Sells Ola Electric Shares Worth INR 234 Cr

India, Dec. 17 -- [Update] December 17, 21:06 IST Ola Electric founder Bhavish Aggarwal today sold 4.19 Cr shares, or nearly 1% of his stake, on December 17 for INR 142.3 Cr at an average price of IN... Read More


Jio Financial Services Appoints Venkata Peri As Group COO

India, Dec. 17 -- Fintech major Jio Financial Services (JFS) has appointed Venkata Narasimham Peri as its group chief operating officer. The board approved the appointment on December 17 and Peri woul... Read More


Stormy Year For Startups, Kuku FM's IPO & More

India, Dec. 17 -- The Controversies Of The Year The Indian startup ecosystem had its share of ups and downs this past year. And while we have recounted tales of IPOs and how startups have turned the ... Read More


Ola Electric Shares Hit Fresh All-Time Low After Bhavish Aggarwal Stake Sale

India, Dec. 17 -- Continuing its freefall on the bourses, Bhavish Aggarwal-led Ola Electric's shares plunged to a fresh all-time low today. The company's shares slipped over 5% during intraday trading... Read More


OfBusiness Cofounder Nitin Jain Quits

India, Dec. 17 -- Nitin Jain, cofounder and chief business officer (CBO) of IPO-bound OfBusiness, has stepped down from his position. In a LinkedIn post, Jain said he was "moving on" from OfBusiness ... Read More


Will 2026 Be The Year India's EV Market Turns The Corner?

India, Dec. 17 -- When the EV ride-hailing major BluSmart broke down in April 2025 due to financial and governance distress, many were stunned that a company known for its strong service quality and c... Read More


WickedGud Bags INR 20 Cr To Deepen Omnichannel Play

India, Dec. 17 -- D2C food products startup WickedGud has raised INR 20 Cr ($2.2 Mn) in a fresh funding round from existing backers including actor Shilpa Shetty, Orios Venture Partners and Asiana Fun... Read More