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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…

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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…

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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…

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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…

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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…

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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…

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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 …

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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…

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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…

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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…

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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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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…

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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…

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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,…

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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…

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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…

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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…

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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…

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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…

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MobiKwik posts first ever consolidated profit in Jun quarter 2023-24

"We have registered an adjusted Earnings before interest, taxes, depreciation, and amortization…

PTI