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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


Nexus Venture Partners Sells More Delhivery Shares Worth Rs.208 Cr

India, June 23 -- Logistics major Delhivery's early backer Nexus Venture Partners has sold shares worth Rs.208 Cr via a block deal today, marking its third stake sale within the June quarter. The ven... Read More


Honasa Consumer Acquires Majority Stake In Fluence Pharma For Rs.135 Cr

India, June 23 -- Continuing its acquisition spree, Mamaearth parent Honasa Consumer's board has approved a majority stake acquisition in nutraceuticals company Fluence Pharma, marking its entry into ... Read More


Kunal Shah Quits CRED, Turtlemint IPO Day 2 & More

India, June 23 -- CRED Steps Into A New Era Fintech major CRED has raised a mega $900 Mn round led by Meta, and founder Kunal Shah has stepped down as the CEO to helm a global leadership role at What... Read More


SEBI's 'GARUDA' Framework Eases Key Bottlenecks For Indian Startup Investors

India, June 23 -- Alternative investments funds (AIFs) have been critical in supporting the growth of the world's third-largest startup ecosystem since its beginning. However, as the Indian startup ec... Read More