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Razorpay Files Confidential IPO Papers To Raise $600 Mn

India, June 15 -- Fintech major Razorpay has filed its draft red herring prospectus (DRHP) for an IPO through the confidential route, as per a newspaper advertisement. The Peak XV Partners-backed fin... Read More


Amazon AI For Sellers, Weekly Funding Rebounds & More

India, June 15 -- Amazon's AI Gameplan For Sellers After consumers, Amazon is now moving AI to the seller side. The ecommerce major is rolling out a 24/7 AI assistant for its 1.7 Mn Indian merchants ... Read More


FSSAI Pulls Up Storia, Troovy, Others Over Misleading Ads

India, June 15 -- D2C food brands Storia, Two Brothers Organic Farms, PLAN B, The Health Factory and Troovy, among 15 companies, have been flagged by FSSAI over allegedly misleading branding, trade na... Read More


FSSAI Pulls Up Storia, Troovy, Others Over Misleading Branding

India, June 15 -- D2C food brands Storia, Two Brothers Organic Farms, PLAN B, The Health Factory and Troovy, among 15 companies, have been flagged by FSSAI over allegedly misleading branding, trade na... Read More


UPI In May: PhonePe, Google Pay See Marginal Decline In Market Share

India, June 15 -- PhonePe, Google Pay, and Paytm continued to lead the UPI charts in May, collectively processing more than 2,000 Cr transactions. However, the top three players saw marginal decline i... Read More


Sarvam Becomes India's 130th Unicorn After Raising $234 Mn

India, June 15 -- AI startup Sarvam has become India's 130th unicorn after raising $234 Mn (about Rs.2,210 Cr) as part of its $300 Mn Series B funding round at a post-money valuation of $1.5 Bn. The ... Read More


Sarvam Enters Unicorn Club With $234 Mn Funding Round Led By HCLTech

India, June 15 -- AI startup Sarvam has become India's 130th unicorn after raising $234 Mn (about Rs.2,210 Cr) as part of its $300 Mn Series B funding round at a post-money valuation of $1.5 Bn. The ... Read More


Can FirstCry Hold Investor Attention In A Quick Commerce World?

India, June 15 -- At least seven times during FirstCry's March-quarter earnings call, the company returned to a familiar theme: rationalisation. Competition, the management suggested, was behaving ir... Read More


AR/VR Startup AutoVRse Raises $2.4 Mn To Fuel International Expansion

India, June 15 -- AutoVRse, a startup that provides AR/VR training to enterprises, has raised $2.4 Mn (Rs.22.7 Cr) in a funding round co-led by Singularity AMC and existing investor Lumikai. The fres... Read More


AR/VR Startup AutoVRse Raises $2.4 Mn For International Expansion

India, June 15 -- AutoVRse, a startup that provides AR/VR training to enterprises, has raised $2.4 Mn (Rs.22.7 Cr) in a funding round co-led by Singularity AMC and existing investor Lumikai. The fres... Read More