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Red.Health secures $20 million in Series B

BENGALURU, May 15 -- Red.Health, a healthtech startup backed by Kalaari Capital, has secured $20 million in a Series B funding round, in a combination of equity and debt, led by Singapore-based ventur... Read More


Altigreen eyes profitability following restructuring

BENGALURU, May 13 -- Reliance-backed electric vehicle maker Altigreen, unable to raise funds over the past year amid a surgical restructuring, is now chasing a metric that's become the investors' darl... Read More


Altigreen chugs towards profitability following December restructuring

New Delhi, May 13 -- Reliance-backed electric vehicle maker Altigreen, unable to raise funds over the past year amid a surgical restructuring, is now chasing a metric that's become the investors' darl... Read More


IvyCap Ventures closes third fund, raises Rs.2,100 crore

New Delhi, April 30 -- Early-stage venture capital firm IvyCap Ventures on Tuesday announced the closure of its third fund, raising Rs.2,100 crore in capital, exceeding its initial target of Rs.1,500 ... Read More


Getting Udaan IPO-ready: The inside story of a pivot

Bengaluru, April 29 -- In December last year, Udaan, an online trade platform for businesses and shop owners, raised $340 million in a Series E round. The funding round, led by M&G plc, with participa... Read More


Audio content platform Kuku FM to diversify beyond audio, eyes overseas markets

New Delhi, April 29 -- Audio entertainment platform Kuku FM is set to diversify its offerings, venturing into categories such as comics, videos, animation and text, according to co-founder and chief e... Read More


Apollo Hospitals' arm to raise Rs.2,475 crore from Advent International

New Delhi, April 26 -- Apollo HealthCo, a subsidiary of Apollo Hospitals Enterprise Ltd, has signed a binding agreement with private equity firm Advent International to raise Rs.2,475 crore. The tran... Read More


Shiprocket's back to its favourite accelerant: acquisitions

New Delhi, April 25 -- Two years after the Zomato- and Temasek-backed Shiprocket gained its unicorn status, the logistics startup has embarked on a tried-and-tested route to accelerate growth-through ... Read More


New fee hints shift in how India consumes online

Bangalore, April 20 -- E -commerce platform Myntra recently increased its platform fee for shoppers by one-third-to Rs.20 on each order-and no one objected. A few years ago, that would have been an in... Read More


Platform fees hint online customers are coming of age

BENGALURU, April 20 -- E -commerce platform Myntra recently increased its platform fee for shoppers by one-third-to Rs.20 on each order-and no one objected. A few years ago, that would have been an in... Read More