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From Even Healthcare To Healthify – Indian Startups Raised $145 Mn This Week
After a rise in funding activity across the Indian startup ecosystem, investor interest again went down again in the past week. Between October 21 and 26, startups cumulatively raised $145.5 Mn across...
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Govt, Meta Team Up To Push For AI Adoption In India
Meta and Ministry of Electronics and IT’s (MeitY) programme IndiaAI have joined hands to set up a Centre for Generative AI, named Srijan, IIT Jodhpur, to further boost AI adoption in the country. MeitY...
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Zomato Launches Feature For Users To Schedule Order Two Days In Advance
Foodtech major Zomato has unveiled an ‘order scheduling feature’, which will now give users an option to schedule deliveries from two hours to two days in advance. “This feature is now available at...
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Swiggy Pilots 10-Minute Medicine Delivery In Bengaluru
Swiggy has reportedly partnered with PharmEasy to deliver medicines in 10 minutes as the foodtech major now looks to expand into the pharmacy sector. As per Moneycontrol’s report, citing sources close...
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Meet The Startups Scoring Big On The Indian Sports Tech Pitch
India’s love for sports runs deep, and this is evident from the fact that finance minister Nirmala Sitharaman during her budget speech on July 23 allocated a massive INR 3,442.32 Cr to the sports...
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Star Health Leak: Telegram Rejects Blanket Monitoring, Seeks Request For Data...
Telegram has told the Madras High Court that it won’t be able to monitor every account on its platform to stop the sharing of leaked customer data from Star Health, Reuters reported. Instead, the...
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Flight Bombing Threats: MeitY Asks Social Media Platforms To Take Action
The electronics and IT ministry (MeitY) has issued an advisory to social media intermediaries, reminding them of their obligations under the IT Act and IT Rules following multiple hoax bomb threats...
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Indian Startup FY24 Financials Tracker: Tracking The Financial Performance Of...
The world’s third largest startup ecosystem has been in the midst of a raging funding winter for a couple of years now. As investors tightened their purse strings, the Indian startup ecosystem has had...
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Ticket Scalping For Concerts: ED Seizes Electronic Devices
The directorate of enforcement (ED) conducted search operations at 13 locations across the country in relation to illegal sale of tickets of Coldplay and Diljit Dosanjh’s Dilluminati concerts. It is...
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Swiggy IPO To Open On Nov 6, Value The Company At $11.3 Bn
Foodtech major Swiggy’s IPO is reportedly set to open for public subscription on November 6 and close on November 8. The total size of the issue, including the offer for sale, will be INR 11,700 Cr to...
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Swiggy Wears The Concierge Hat
Would you pay INR 50,000 to Swiggy to be your personal butler? Well, not quite a butler — that would be a disservice to what IPO-bound Swiggy is aiming for with the Rare Life concierge service that’s...
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Behind The Sleep Company’s INR 300 Cr Revenue Run
When Crocs debuted in 2002, the American footwear brand was an outlier in a market dominated by storied incumbents like Puma, Adidas, Skechers and others. As recently as 2021, it still struggled with...
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Bloodbath In New-Age Tech Stocks Amid Broader Market Crash, Paytm Only Gainer...
The Indian equities market continued its downward spiral this week. After touching their all-time highs at the end of September, benchmark indices have fallen over 7.50%. In line with this slump,...
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Can BigEndian Challenge China’s Supremacy In CCTVs With India-Made Chipsets?
The influx of imported Chinese components in the Indian consumer electronics market for the last more than two decades has impacted the country’s ability to innovate. According to semiconductor...
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10 Quick Commerce Newcomers Aiming To Replicate Blinkit, Zepto Formula
Quick commerce appears to be the flavour of the season. The “trinity” of Blinkit, Swiggy Instamart and Zepto appear to have leveraged their first-mover advantage in the space to cultivate strong brand...
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slice Completes Bank Merger To Boost Presence In NE
Months after receiving the nod from National Company Law Tribunal (NCLT) for the merger of fintech unicorn slice with North East Small Finance Bank (NESFB), the fintech unicorn has confirmed that the...
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Tata’s Neu Looks To Ride The Quick Commerce Wave
With demand for instant deliveries picking up pace in India, Tata group is looking to venture into the turf as major players like Blinkit, Zepto, Swiggy Instamart and Flipkart’s ‘Minutes’ are...
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First Cheque Seeks To Back 15-20 Startups From Third Cohort
Sector agnostic VC firm First Cheque, which counts startups like Giva, Rocketlane and Seekho among its portfolio companies, is planning to invest in 15-20 startups over the next 18 months from its...
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InsuranceDekho, RenewBuy Nearing Merger At Unicorn Tag
InsuranceDekho and RenewBuy are close to finalising a merger that would value the combined entity at $1 Bn, a source familiar with the matter told Inc42. “This will create one of the largest insurance...
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Udaan Secures INR 300 Cr Debt From Lighthouse Canton, Others
B2B ecommerce unicorn Udaan has marked the final close of its new debt funding round of INR 300 Cr from Lighthouse Canton, Stride Ventures, InnoVen Capital and Trifecta Capital. The company looks to...
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