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CCI Approves GIC's Investment In IPO-Bound Groww

India, July 1 -- In the run up to Groww's IPO, the Competition Commission of India (CCI) has approved Singapore sovereign fund GIC's stake acquisition in the fintech unicorn. In a statement, the CCI ... Read More


Decoding IPO-Bound Pine Labs' Revenue Model

India, July 1 -- As has been the case with most of the IPO-bound new-age tech companies, fintech major Pine Labs turned profitable in the first nine months of FY25 (9M FY25). The company reported a ne... Read More


Losing Ground To Blinkit And Zepto, Can Amazon Reclaim Its Prime Edge?

India, July 1 -- Is Now the time for Amazon? Only time will tell. After three earlier attempts, Amazon took off yet again to hit India's rapidly growing quick commerce turf with Amazon Now, after a m... Read More


IPO-Bound Curefoods' FY25 Loss Almost Flat At INR 170 Cr

India, July 1 -- IPO-bound cloud kitchen major Curefoods' net loss remained almost flat at INR 169.9 Cr in the year ended March 2025 (FY25) as against INR 172.6 Cr in the previous fiscal year. The lo... Read More


Sri Mandir Parent AppsForBharat Bags INR 175 Cr

India, July 1 -- AppsForBharat, the startup behind spiritual tech platform Sri Mandir, has raised INR 175 Cr ($20 Mn) in its Series C funding round led by Susquehanna Asia VC. Existing investors, incl... Read More


Indian Startup Funding Jumps 8% YoY To $5.7 Bn In H1 FY25

India, July 1 -- Despite macroeconomic headwinds, investor sentiment remained bullish about the Indian startup ecosystem in the first half (H1) of 2025. According to Inc42's Indian Tech Startup Fundin... Read More


Morgan Stanley Offloads PB Fintech Shares Worth INR 19.1 Cr

India, July 1 -- Financial services firm Morgan Stanley Asia (Singapore) Pte offloaded 99,994 shares of fintech company PB Fintech in a block deal worth INR 18.19 Cr. As per BSE data, Morgan Stanley ... Read More


Agritech Startup Eeki Nets $7 Mn

India, July 1 -- Agritech startup Eeki has raised $7 Mn (around INR 60 Cr) in its Series A2 funding round led by Sixth Sense Ventures. The round also saw participation from a clutch of undisclosed in... Read More


Karnataka Bike Taxi Ban: Impacted Drivers On Hunger Protest

India, July 1 -- Upping the ante against the Karnataka government, members of the Bike Taxi Welfare Association (BTWA) reportedly staged a hunger protest across several cities in the state on Sunday (... Read More


Zoomcar Posts $26 Mn Loss On $9 Mn Revenue In FY25

India, July 1 -- Troubled rental car marketplace Zoomcar managed to cut its loss by 25% to $25.6 Mn in FY25 from a loss of $34.3 Mn in the previous year, despite a decrease in its top line. The Benga... Read More