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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…
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…
Wearables startup Ultrahuman raises $35 million to accelerate growth
Homegrown wearables startup Ultrahuman on Wednesday announced that it raised $35 million in a serie…
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…
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…
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…
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…
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…
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…
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…
EazyDiner raises ₹40 crore from DMI Alternative Investment Fund
Online restaurant table reservation and payments platform EazyDiner said that it has raised ₹40 cro…
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…
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 …
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…
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…
Zomato-backed Shiprocket acquires B2B logistics aggregator platform Rocketbox
The Rocketbox (now Rocketbox by Shiprocket) founders will join the Shiprocket leadership team an…
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…
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 …
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…
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…