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Kaynes Likely To Deliver India’s First Packaged Semiconductor Chip By July
Kaynes Semicon, a subsidiary of electronics manufacturing company Kaynes Technologies, is reportedly planning to deliver India’s first packaged semiconductor chip by July. Kaynes’s chief executive...
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Evenflow Bags Fresh Funding From Venture Catalysts, Others
Evenflow, a Thrasio-style marketplace aggregator floated by former Uber executives, has secured fresh capital from Venture Catalysts, head of business transformation at Dr Reddy’s Laboratories Sunder...
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Exclusive: Boba Bhai’s Revenue Zooms 6X To INR 30 Cr In FY25, Eyes 3X Growth...
Bengaluru-based Boba Bhai, a quick-service restaurant (QSR) brand specialising in bubble tea, saw its net revenue surge 500% to INR 30 Cr in FY25 from INR 5 Cr in the previous fiscal year, its founder...
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SEBI Greenlights IndiQube’s INR 850 Cr IPO
All decks have been cleared for IndiQube’s public listing as the Securities and Exchange Board of India (SEBI) has greenlit the coworking space startup’s plan for its initial public offering (IPO)...
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Mayank Kumar’s BorderPlus Marks Maiden Acquisition With German Firm
Days after securing its first funding, upGrad cofounder Mayank Kumar’s talent mobility startup BorderPlus has now acquired German healthcare recruitment firm Onea Care, marking its maiden acquisition....
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Startup Mahakumbh Is A Golden Bridge For Startups To Connect With Govt: Ajay...
When the government rolled out its e-marketplace for mandatory online procurement of goods and services in 2016, the digital waves had just started making ripples on the Indian shores. Few could...
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Spinny Raises $131 Mn To Expand NBFC Arm: Report
Tiger Global-backed used-car marketplace unicorn Spinny has reportedly raised $131 Mn (about INR 1,121 Cr) in a round led by US-based Accel Leaders Fund. The round, which was a combination of primary...
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Wendor Nets $2.5 Mn To Boost Its AI-Powered Vending Tech
AI-driven vending solutions provider Wendor has secured a strategic investment of $2.5 Mn (around INR 21 Cr) from commercial refrigeration company Elanpro, which now holds a 41% stake in the firm. As...
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OYO’s Q4 Revenue To Surge 60% YoY To INR 2,100 Cr: Ritesh Agarwal
OYO founder Ritesh Agarwal expects the travel tech major’s Q4 FY25 revenue to zoom 60% year-on-year (YoY) to INR 2,100 Cr. Citing an email sent by Agarwal to the startup’s senior leadership team, PTI...
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CBI Should Collaborate With Startups To Tackle AI-Led Crimes: Vaishnaw
Union minister Ashwini Vaishnaw today emphasised the need for the Central Bureau of Investigation (CBI) to seek collaborations with startups, industries and academia, citing the challenges posed by...
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DeCharge Nets $2.5 Mn To Expand Its EV Charging Network
Blockchain-powered EV charging solutions startup DeCharge has raised $2.5 Mn (INR 21.4 Cr) in its seed funding round led by early stage crypto investment firm Lemniscap. The round also saw...
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Zomato Trims 600 Jobs Amid Increasing Automation, Quick Commerce Wars
Amid slowing growth in its food delivery vertical and rising competition in the quick commerce space, foodtech giant Zomato has reportedly laid off nearly 600 employees from its customer support team....
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Shark Tank Fame The Bear House Nets INR 50 Cr To Expand Offline Presence
D2C menswear brand The Bear House (TBH) has raised INR 50 Cr (around $5.8 Mn) in its Series A funding round led by JM Financial Group’s investment arm JM Financial Private Equity. In a statement, the...
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EV 2-Wheeler Registrations Cross 1 Lakh Mark In March, Bajaj & TVS Motor...
Electric two-wheeler registrations spiked above the 1 Lakh mark in March for the first time in four months, fuelled by aggressive growth of key players like Bajaj Auto, TVS Motor and Ola Electric. As...
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Swiggy Gets INR 158 Cr Demand Notice From Income Tax Dept
Foodtech major Swiggy has received a tax demand notice from the Income Tax (I-T) Department to pay an additional INR 158.25 Cr. The company is alleged to have wrongly availed deductions for...
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Maharashtra Allows EV Bike Taxis To Operate In The State
The Maharashtra cabinet has approved a proposal to allow bike taxis to operate in the state. As per NDTV, Maharashtra transport minister Pratap Sarnaik said that only electric bike taxis will be...
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Jar’s $50 Mn Funding Deal Falls Through Over Valuation Differences
Fintech startup Jar’s $50 Mn (nearly INR 425 Cr) funding deal with a clutch of investors, led by Prosus, has reportedly collapsed over valuation differences. Citing sources, Moneycontrol reported that...
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Indian Startups Raised $3.1 Bn In Q1 2025, But Funding Momentum Remains Flat
At a time when the Indian startup ecosystem is filled to the brim with the fervour to give investors exits via the public listing route, investors seem to be treading cautiously — at least what Inc42’s...
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Inc42’s Q1 Funding Report, Zomato Axes 600 Jobs & More
Funding Revival Or Stagnation? Q1 2025 Gives Mixed Signals With more Indian startups preparing for public debuts and investor exits back in focus, Q1 2025 brought early signs of stability to the...
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Can Kiko Live Help Kiranas Strike Back At Quick Commerce Giants?
Are dark stores getting darker for quick commerce? As Indian quick commerce platforms tried to gather speed – from fast to ultra-fast delivery – the topline for the Q-Com Big Three became loftier,...
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Over 4 Cr Farmer IDs Issued So Far Under Digital Agriculture Mission: Govt
Minister of State (MoS) for agriculture Ramnath Thakur informed the Parliament that more than 4.85 Cr farmer IDs have been generated under the Digital Agriculture Mission, as of March 28. This is in...
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FSSAI Received 21K Complaints Against Food Delivery Apps In Five Years: Govt
In the last five fiscal years, more than 21,000 consumer complaints against online food delivery apps were registered with the Food Safety and Standards Authority of India (FSSAI), the government has...
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CCI Clears 360 ONE, Ranjan Pai’s Stake Acquisition In PharmEasy
The Competition Commission of India (CCI) has approved the proposals of 360 ONE and Claypond Capital to jointly purchase stakes in healthtech unicorn PharmEasy parent API Holdings. However, there is no...
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Zomato Allots Shares Worth INR 4.4 Cr Under ESOP Schemes
Foodtech major Zomato has allotted 2.17 Lakh equity shares to eligible employees under its existing employee stock option plans (ESOPs). Based on the stock’s last close of INR 202.05 per share on the...
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