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Quick Commerce Supply Chain Startup DocPharma Nets $2 Mn For Expansion

India, Sept. 2 -- Healthcare supply chain startup DocPharma has raised $2 Mn (Rs.19 Cr) in a Pre-Series A funding round led by Equentis, with participation from existing backer 100Unicorns, along with... Read More


Aeron Systems Raises Rs.45 Cr To Scale Navigation, Weather-Monitoring Systems

India, Sept. 2 -- Pune-based deeptech company Aeron Systems has raised Rs.45 Cr (about $4.7 Mn) in a pre-Series B funding round jointly led by Riverwalk Holdings and MGF-Kavachh (MountTech Growth Fund... Read More


Oracle To Lay Off Another 3,000 Employees In India: Report

India, Sept. 2 -- Big tech giant Oracle is preparing to lay off thousands of employees globally as part of a fresh round of job cuts. India too is reportedly expected to bear the brunt of the retrench... Read More


Pernia's Pop-Up Shop Parent IPO Subscribed 37% On Final Bidding Day

India, Sept. 2 -- Pernia's Pop-Up Shop parent Purple Style Labs' IPO entered its final day of bidding with overall investor demand remaining muted. As of 12:18 IST today, the public issue had receive... Read More


Byju Raveendran Offers Aakash Shares To Settle Qatar Holding's $235 Mn Claim

India, Sept. 2 -- BYJU'S founder Byju Raveendran has proposed relinquishing his claimed beneficial interest in 17.89 Mn shares of Aakash Educational Services to settle Qatar Holding's arbitration clai... Read More


Kepler Aerospace Raises $8 Mn To Launch Six Autonomous Surveillance Satellites

India, Sept. 1 -- Spacetech startup Kepler Aerospace has raised $8 Mn (around Rs.75.8 Cr) in a seed funding round led by Blue Ashva Capital and co-led by Finvolve, India Accelerator, and other investo... Read More


UPI Transactions Rise 4% MoM To Record 24.51 Bn In August

India, Sept. 1 -- UPI transactions touched a fresh all-time high in August, with transaction volume rising nearly 4% MoM to 24.51 Bn from 23.66 Bn in July. The transaction count grew 22% from 20.01 B... Read More


The Festive Delivery Squeeze

India, Sept. 1 -- Festive shopping has always involved some last-minute panic. A forgotten gift, an extra box of sweets or a beauty order placed days before Diwali can still be rescued by ecommerce, b... Read More


Yuma Energy Bags $35 Mn To Expand Its Battery Swapping Network

India, Sept. 1 -- Battery swapping platform Yuma Energy has raised $35 Mn (Rs.333 Cr) in its Series A funding round from existing backer and Canada-based automotive giant Magna International. The sta... Read More


Masters' Union Secures University Status From Haryana Govt

India, Sept. 1 -- The state government of Haryana has granted full university status to Gurugram-based Masters' Union (MU), paving the way for the company to operate as Master's Union University. The... Read More