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1 min read

SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24

Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…

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7 mins read

A billion little pieces: Unicorns lose bragging rights as funding winter deepens

A unicorn, by its very definition, is a rare creature only to be found in myths and fairytales. Not…

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1 min read

Wearables startup Ultrahuman raises $35 million to accelerate growth

Homegrown wearables startup Ultrahuman on Wednesday announced that it raised $35 million in a serie…

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1 min read

Zomato stock up after 10 crore shares worth ₹947 crore change hands

Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…

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1 min read

Homegrown healthtech platform Cult.fit raises $10.2 million

Tata Digital-backed healthtech platform Cult.fit (formerly Cure.fit) has raised $10.2 million in it…

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4 mins read

Angel tax changes to cheer investors, aid late-stage funding say experts

The Central Board of Direct Taxes (CBDT) in India has changed its rules relating to angel tax, a de…

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4 mins read

BYJU’s, Zomato, Dream11 among India’s most valuable PE/VC-funded companies as per Hurun

The second edition of the Burgundy Private Hurun India 500 report featured India’s 500 most valuabl…

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2 mins read

Zomato and Swiggy invest in this restaurant management company that fulfils 2 in 10 food deliveries in India

India’s biggest food delivery businesses Zomato and Swiggy on Monday morning announced their latest…

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1 min read

Fintech unicorn Incred logs Rs 109 cr profit in FY23, revenue up over 77%

Amid the ongoing startup gloom comes good news in fintech unicorn Incred which has posted Rs 109 cr…

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3 mins read

Startups in these sectors beat funding winter, attract young talent and capital

The year of 2023 has been a bad year for the once booming startups, as the funding winter has taken…

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2 mins read

EazyDiner raises ₹40 crore from DMI Alternative Investment Fund

Online restaurant table reservation and payments platform EazyDiner said that it has raised ₹40 cro…

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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…

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4 mins read

From 0 to $100 million in 5 years – That’s how long startups founded in 2017 took to scale up, says Redseer report

The average time taken by startups to reach revenue of $100 million has gone down significantly in …

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5 mins read

Private equity and VC players make a killing as IPO rush yields them ₹10,000 crore

The great rush for initial public offerings (IPOs) has landed a bounty of massive proportions for e…

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6 mins read

From hospitality to financial services – Top 10 industries for new startups in India

These industry sectors have not only captured the imagination of entrepreneurs but also offer pr…

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1 min read

Zomato-backed Shiprocket acquires B2B logistics aggregator platform Rocketbox

The Rocketbox (now Rocketbox by Shiprocket) founders will join the Shiprocket leadership team an…

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2 mins read

Cult.fit’s parent company Curefit is the 36th unicorn in town

Health and wellness startup Curefit is the 36th startup to enter the unicorn club, after raising $5…

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2 mins read

Amid startup funding crunch, Udaan raises $120 million and plans IPO after a year

While the whole startup ecosystem is facing a funding crunch this year, this outlier startup …

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1 min read

SoftBank likely sold 2.5% stake worth Rs 747 cr in Delhivery

Integrated logistics provider Delhivery on Friday saw 2.51 per cent of its shares worth Rs 747 cror…

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10 mins read

PE and VC investors make a killing in the 2023 bull market

Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…