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The Lendbox Puzzle, Turtlemint's IPO & More

India, June 24 -- Inside Per Annum's High Returns Illusion Lendbox parent Transactree's investment platform, Per Annum, is under scrutiny. Despite RBI tightening P2P lending rules in 2024, investors ... Read More


Countdown Begins: Dust May Soon Settle On BYJU'S-Aakash Ownership Battle

India, June 24 -- Enroute to ending a long-standing legal duel, legal teams of Aakash Educational Services and the insolvency resolution professional (IRP) of Think & Learn, the parent company of emba... Read More


SaffronStays Nets $3.5 Mn To Scale Holiday Home Network

India, June 24 -- Hospitality platform SaffronStays has raised $3.5 Mn (around Rs.29 Cr) in a mix of primary transactions and a secondary stake sale. Infinity Ventures led the fresh capital infusion ... Read More


Exclusive: Home Loan Marketplace Ambak In Talks To Raise Rs.80 Cr

India, June 24 -- Home loan marketplace Ambak is in talks to raise Rs.80 Cr ($8.4 Mn) in a fresh funding round, which will be led by Quona Capital, sources close to the development told Inc42. The ro... Read More


Quick Commerce Race Heats Up: Flipkart Minutes Eyes 1,500 Dark Stores, Amazon 300 Cities

India, June 24 -- The battle for India's quick commerce market is heating up, with Amazon and Flipkart announcing aggressive expansion plans for their respective quick commerce businesses, Amazon Now ... Read More


How This Bengaluru Startup Is Tackling Enterprise Finance's Costly Blindspot

India, June 24 -- Despite rapid advances in enterprise AI, one of corporate finance's most critical functions remains surprisingly manual. Financial reconciliation, the process of matching internal a... Read More


Ikin Global Raises $2 Mn To Take Its Smart Lock Solutions Overseas

India, June 24 -- IoT smart lock startup IkinGlobal has raised $2 Mn (about Rs.19 Cr) in its pre-Series A2 funding round led by Unicorn India Ventures, Callapina Capital and AWE Funds. The fresh capi... Read More


QOSMIC Bags $3.3 Mn To Build Laser-Based Satellite Communication Systems

India, June 24 -- Spacetech startup QOSMIC has raised $3.3 Mn (about Rs.31 Cr) in its seed funding round led by Accel and Prosus, with participation from South Park Commons, ARTPARK and angel investor... Read More


Manufacturing Startups To Watch: 5 Startups That Caught Our Eye In June

India, June 23 -- India's manufacturing ambitions continue to gather pace as industrial growth increasingly shifts towards advanced technologies, localisation and high-value production. Over the past... Read More


The Battle For India's Kirana Stores Has Begun

India, June 23 -- India's kirana stores are suddenly in demand. Over the past few months, Meesho acquired Kirana Club; Udaan acquired ShopKirana; and Jumbotail doubled down on kirana-focused infrastr... Read More