India, June 1 -- What Is An Asset-Heavy Marketplace Model? Asset-heavy is a broad term used to describe the business model, which typically needs a lot of business assets to generate revenue. Some a... Read More
India, June 1 -- The transactions on the Unified Payments Interface (UPI) rose 5% month-on-month (MoM) to 14.04 Bn in May from 13.30 Bn in the previous month. As per the National Payments Corporation... Read More
India, June 1 -- After a challenging few years, the Indian startup ecosystem appears to be on the recovery path. Startup funding is showing signs of resurgence, and the startup IPO season is thriving,... Read More
India, June 1 -- Homegrown early stage venture capital firm 100X.VC has invested INR 22.4 Cr ($2.6 Mn) in 17 startups as part of its 11th cohort. For this cohort, 100X.VC picked 17 startups out of 30... Read More
India, June 1 -- After muted funding trends over the past two weeks, investment activity in the Indian startup ecosystem picked up pace during the final week of May. Between May 27 and June 1, startup... Read More
India, June 1 -- Electric vehicle (EV) startup Ather Energy is all set to raise INR 286.5 Cr in a mix of equity and debt. The Bengaluru-based startup's board approved a proposal to raise an equity ca... Read More
India, May 31 -- Pune-based drone startup DroneAcharya Aerial Innovations reported a consolidated profit after tax (PAT) of INR 6.2 Cr in the financial year 2023-24 (FY24), almost 2X increase from INR... Read More
India, May 31 -- Pune-based drone startup DroneAcharya Aerial Innovations reported a consolidated profit after tax (PAT) of INR 6.2 Cr in the financial year 2023-24 (FY24), almost 2X increase from INR... Read More
India, May 31 -- Reliance Industries Ltd's retail unit Reliance Retail has reportedly rolled out a pilot programme on the government-backed Open Network for Digital Commerce (ONDC) via Fynd, an omnich... Read More
India, May 31 -- Xponentia Capital Partners, A91 Partners, and 360 ONE Asset have acquired stakes in deeptech startup SEDEMAC Mechatronics via secondary transactions worth $91 Mn. Overall, the size o... Read More