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1 min read
Indian startups on track to raise $8-12 billion this year: Peak XV MD Rajan Anandan
Indian startups are expected to raise USD 8-12 billion this year, a top official of venture capital…
PTI
2 mins read
I'm still the CEO, management remains unchanged: Byju Raveendran
Edtech company Byju's founder Byju Raveendran on Saturday refuted reports of being fired from the c…
1 min read
Key investors move NCLT against Byju's rights issue, firm says yet to get any petition
Edtech major Byju's on Friday said that it has not received any formal intimation of any petition b…
1 min read
Fidelity further marks down Meesho's valuation to $3.5 billion
Global investment firm Fidelity has further marked down the value of its holding in social commerce…
1 min read
Mamaearth posts Rs 151cr loss in FY23 as it prepares for IPO on Oct 31
Direct-to-consumer (D2C) skincare brand Mamaearth, which posted a Rs 151 crore loss in FY23, is set…
1 min read
Healthcare startup Kenko Health lays off 20% of workforce across functions
Homegrown healthtech startup Kenko Health has laid off 20 per cent of its employees across function…
2 mins read
After F&O trading platform, CoinSwitch's founders launch zero-commission Mutual Funds with Lemonn
PeepalCo's Lemonn platform is now offering zero-commission Mutual Funds, competing with top Indian …
1 min read
Mamaearth doubles PAT to Rs 30 cr in Q2 FY24, revenue up 21%
Honasa Consumer Ltd, the parent company of direct-to-consumer (D2C) skincare brand Mamaearth, has p…
1 min read
Bira 91 raises $25 mn to expand manufacturing footprint
B9 Beverages Ltd, Bira 91's parent company, on Wednesday said it is raising $25 million in new fund…
4 mins read
Could India host 200+ unicorns in next five years? Hurun index identifies 46 gazella and 106 cheetah startups
India's startup ecosystem is thriving with 67 unicorns as of 2024, with 152 startups poised to achi…
2 mins read
Beauty is in the detail: How tailor-made products are taking over the market
Gone are the days when every second home housed the same popular shampoo, face cream and soap brand…
3 mins read
Bull run bonanza yields almost ₹1 lakh crore in exits for PE/VC investors
Thanks to the bull run which has also seen the market change its view on new-age companies — the ye…
2 mins read
Reliance Retail to acquire Arvind Fashions' beauty retail business
The country's leading retailer Reliance will acquire the beauty retail business of the Lalbhai fami…
PTI
1 min read
Meet the Indian teens who raised funds from Sam Altman for their AI startup
ChatGPT developer OpenAI’s CEO Sam Altman has invested in an artificial intelligence (AI) startup, …
2 mins read
Byjus proposes sale of overseas units to repay $ 1.2 billion loan
Byju's hopes to garner between USD 800 million to USD 1 billion from the sale of Epic, the US-b…
PTI
4 mins read
India’s fintech funding shrinks over 60% to $2 billion
In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…
1 min read
Byju's brings former Grad chief Arjun Mohan onboard as CEO for international business
Edtech major Byju's has appointed upGrad's former chief Arjun Mohan as its CEO for international bu…
PTI
2 mins read
Startup funding hits a 5-year low in July-September quarter
Indian startup funding hit a five-year low in the third quarter of the calendar year, says a report…
2 mins read
Byju’s onboards Mohandas Pai, Rajnish Kumar on its newly-constituted advisory panel
Edtech giant Byju's have announced that Rajnish Kumar and TV Mohandas Pai have accepted their invit…
2 mins read
MobiKwik posts first ever consolidated profit in Jun quarter 2023-24
"We have registered an adjusted Earnings before interest, taxes, depreciation, and amortization…