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4 mins read
Indian startups raise $3.1 Billion in VC funding in four months even as funding winter continues in the West
Indian startups raised $3.1 billion in VC funding during the first four months of 2024, marking a Y…
1 min read
Fintech unicorn InCred reports 132% growth in profit in Q3 FY24
Fintech unicorn InCred on Wednesday reported 132 per cent growth in profit before tax to Rs 298 cro…
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…
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…
2 mins read
InCred Capital acquires alternate asset advisory firm Orowealth
Financial services firm InCred Capital announced the acquisition of Orowealth, an alternate asset a…
2 mins read
India's manufacturing PMI hits 13-month high in Dec on rise in new orders, strong demand
The December PMI data pointed to an improvement in overall operating conditions for the 18th str…
PTI
2 mins read
InCred, KKR India Financial Services complete merger, hope to become a ‘leading’ NBFC
InCred Financial Services and KKR India Financial Services (KIFS), on Wednesday, announced that the…
5 mins read
Whenever small caps trade at a discount to Nifty, they have given outsized returns: InCred Wealth
Currently, the Nifty small cap PE ratio is at 0.7 times Nifty50. As per InCred Wealth, whenever …
1 min read
Founder Ritesh Agarwal invests Rs 830 crore in OYO's latest funding round; Platform raises Rs 1,457 crore
Post the equity dilution in the Series G funding, Agarwal's holdings will increase from 29.97 per…
PTI
4 mins read
With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?
Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…
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…
3 mins read
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
1 min read
Swiggy disburses over Rs 450 cr in loans to 8000 restaurant owners
Online food delivery platform Swiggy on Tuesday said it has facilitated over Rs 450 crore in loan d…
3 mins read
This small cap stock eyes global leadership in a niche space but faces macro headwinds
India's HEG Limited, a graphite electrode manufacturer whose technology is a closely guarded secret…
6 mins read
Indian startups shed ₹4 lakh crore in value led by Byju's, PharmEasy & more
Startups had a bad year with Swiggy shedding 26% of its value, Dream11’s value went down by 9.8%, …
5 mins read
A 'thaw in startup funding winter' as two unicorns emerge within a quarter
The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …
3 mins read
2023: The year that startups started to grow up
The year of 2023 was tough for many startups which had to survive without the VC funding bottle. Un…
4 mins read
Raymond group sells FMCG biz to Godrej for Rs 2,825 crore in all-cash deal
Raymond is exiting the consumer care business in India, selling condom brands KamaSutra and Premium…
PTI
3 mins read
Late-stage deals are back but funding winter is far from over say VCs
Three startups — Zepto, Zyber 365 and Incred — turned unicorns in the last few months. They were th…
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…