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IPO-Bound Ola Electric In Discussions With Kaynes Tech's Arm To Make Chips For Its EVs

India, May 18 -- Electric vehicle maker Ola Electric is reportedly in discussions with Mysuru-based Kaynes Technology's semiconductor arm Kaynes Semicon to manufacture chips for its EVs based on its o... Read More


From Propelld To RED.Health - Indian Startups Raised $122 Mn This Week

India, May 18 -- Funding activity in the world's third largest startup ecosystem saw a decline for the second consecutive week in May. Indian startups raised $121.8 Mn across 21 deals between May 13 a... Read More


Digit IPO Closes With 9.6X Subscription, QIBs Place Maximum Bids

India, May 17 -- Insurtech unicorn Go Digit General Insurance's (Digit) public issue was subscribed 9.6X on the final day for bidding on May 17. As per data available on the BSE, the startup's public... Read More


How D2C Brand Japam Wants To Shake Up India's Spiritual Products Market

India, May 17 -- Spirituality is a flourishing line of work, and many Indian founders understand this. Therefore, they have now started forming a beeline to extract the most out of the Indian religiou... Read More


Cars24, Zerodha, EaseMyTrip Among 12 Unicorns Joining ONDC Soon

India, May 17 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has announced that 12 Indian unicorn startups including the likes of EaseMyTrip, OfBusiness, Zerodha, PhysicsWallah... Read More


Delhivery To Set Up Subsidiary To Manufacture Drones

India, May 17 -- Logistics unicorn Delhivery is setting up a wholly-owned subsidiary, Delhivery Robotics India, to manufacture drones and provide freight air transportation services. In an exchange f... Read More


Logistics Startup 3SC Bags $4 Mn Funding To Boost AI Play

India, May 17 -- Supply chain planning and logistics startup 3SC has secured $4 Mn (around INR 33 Cr) from its existing investor GEF Capital's South Asia Growth Fund. The Delhi NCR-based startup will... Read More


Digit IPO Subscribed 79% On Day 2, Retail Investors Show Highest Interest

India, May 16 -- Insurtech unicorn Go Digit General Insurance's (Digit) public issue was subscribed 0.79X on the second day (May 16) of the bidding for its initial public offering (IPO), a slight impr... Read More


Info Edge To Invest Another INR 15 Cr In Agritech Startup Gramophone

India, May 16 -- Sanjeev Bikchandani-led internet company Info Edge is further increasing its stake in agritech startup Gramophone with an investment of INR 15 Cr (about $1.8 Mn). In an exchange fili... Read More


Zoho Eyes Semiconductor Foray, Plans $700 Mn Investment To Set Up Chip Fabrication Unit

India, May 16 -- Sridhar Vembu-led SaaS unicorn Zoho is reportedly looking to enter the semiconductor space and has applied to the Centre to seek approval to get incentives under the production linked... Read More