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Former Meesho Executive's AI-Led Fintech Startup Oolka Raises $7 Mn

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


Speciality Chemicals Startup Distil Raises $7.7 Mn To Scale R&D

India, Sept. 23 -- Speciality chemicals startup Distil has raised $7.7 Mn (around INR 68.3 Cr) in its Series A funding round co-led by Jungle Ventures and UAE's CE-Ventures. The funding round also saw... Read More


Credit Push: NPCI Exploring EMI On UPI Payments

India, Sept. 23 -- In a bid to further increase the usage of the Unified Payments Interface (UPI), the National Payments Corporation of India (NPCI) is reportedly working on allowing users to convert ... Read More


MakeMyTrip Appoints Ex-Wipro Exec Dipak Bohar As New CFO, Promotes Mohit Kabra To COO

India, Sept. 23 -- Listed travel tech major MakeMyTrip (MMT) has announced major changes in its top management, appointing Dipak Bohra, formerly SVP and head of investor relations at Wipro, as its new... Read More


MakeMyTrip Appoints Ex-Wipro Exec Dipak Bohra As New CFO, Promotes Mohit Kabra To COO

India, Sept. 23 -- Listed travel tech major MakeMyTrip (MMT) has announced major changes in its top management, appointing Dipak Bohra, formerly SVP and head of investor relations at Wipro, as its new... Read More


Ranbir Kapoor, Badshah Back Smart Ring Startup Gabit

India, Sept. 23 -- Health tech startup Gabit has raised an undisclosed amount in a recent funding round from actor Ranbir Kapoor and musician Badshah. Besides, some other angel investors also particip... Read More


OYO Parent PRISM Nets INR 50 Cr For Premium Hotels Expansion Ahead Of IPO

India, Sept. 23 -- En route to an initial public offering (IPO), hospitality major OYO's parent PRISM has raised INR 50 Cr ($5.6 Mn) for its premium hotels subsidiary Sunday PropTech. The round was le... Read More


Swiggy To Offload Rapido Stake To Prosus, Westbridge For INR 2,400 Cr

India, Sept. 23 -- Foodtech major Swiggy has approved the sale of its stake in bike-taxi startup Rapido to private equity firm Westbridge and Prosus for about INR 2,400 Cr. In its filings with the ex... Read More


Swiggy To Sell Rapido Stake To Prosus, Westbridge For INR 2,400 Cr

India, Sept. 23 -- Foodtech major Swiggy has approved the sale of its stake in bike-taxi startup Rapido to private equity firm Westbridge and Prosus for about INR 2,400 Cr. In its filings with the ex... Read More


PhonePe's INR 7K Cr Run, Purple Style Labs' IPO & More

India, Sept. 23 -- PhonePe's FY25 Scorecard PhonePe is firing on all cylinders. In FY25, the fintech giant crossed the INR 7,000 Cr revenue milestone while also slashing its losses, showcasing a rare... Read More