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Biryani Blues Nets $5 Mn From Yugadi Capital

India, May 13 -- Biryani chain Biryani Blues has raised $5 Mn in a Pre-Series C funding round led by Carpediem Capital's new fund Yugadi Capital. The company plans to deploy the fresh capital to open... Read More


D2C Snacking Brand Farmley Bags $40 Mn

India, May 12 -- D2C snacking brand Farmley has secured $40 Mn (around INR 338.8 Cr) in a Series C funding round led by L Catterton, along with participation from existing investor DSG Consumer Partne... Read More


DoT Finalising Satellite Spectrum Allocation Rules Soon: Report

India, May 12 -- The Department of Telecommunications (DoT) is reportedly looking to finalise the satellite spectrum allocation rules soon and share the draft for comments with the shareholders. As p... Read More


PhonePe Hit By Tech Outage, Blames Network Capacity Shortfall

India, May 12 -- Fintech major PhonePe today suffered a major tech outage, leaving many users unable to make digital payments. As per tracking platform DownDetector, the Unified Payments Interface (U... Read More


Healthtech startup Avammune Bags $12 Mn From Capital 2B, Others

India, May 12 -- Healthtech startup Avammune Therapeutics has raised $12 Mn (INR 100 Cr) as a part of its Series A funding round co-led by Capital 2B, Shastra VC and Kotak Alternate Asset Managers' Li... Read More


Zepto Gets Domestic Shareholding Boost In $100 Mn Round

India, May 12 -- As major quick commerce players look to increase the domestic shareholding, Zepto has brought in Motilal Oswal's founders Motilal Oswal and Raamdeo Agrawal to its cap table through a ... Read More


Exclusive: Curefoods Gears Up For IPO, Converts Into A Public Company

India, May 12 -- Bengaluru-based cloud kitchen startup Curefoods has converted into a public company as it ramps up preparations for its initial public offering (IPO). The Accel-backed startup receiv... Read More


Urban Company Partners noon To Provide Home Services In UAE, Saudi Arabia

India, May 12 -- IPO-bound Urban Company has partnered Dubai-based digital company noon to provide home services in the UAE and Saudi Arabia. Under the partnership, the companies will provide service... Read More


Anatomy Of Startup Governance Issues, Funding Skyrockets & More

India, May 12 -- The Rot Inside India's Startup Dream Even before the wounds from BYJU'S could heal, India's booming startup ecosystem saw a series of startups like BluSmart and GoMechanic bite the d... Read More


Tariff Relief Or Ceasefire? New-Age Tech Stocks See $3 Bn M-Cap Surge

India, May 12 -- In line with the BSE Sensex, 31 of the 33 new-age tech stocks ended Monday's trading (May 12) in the green, gaining in a range of 0.67% to 10%. As a result, the total market capitali... Read More