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DeHaat Posts INR 369 Cr Profit In FY25 On Back Of Non-Cash Gains

India, Sept. 27 -- Peak XV Partners-backed agritech startup DeHaat turned profitable in the financial year 2024-25 (FY25), reporting a consolidated net profit of INR 369 Cr as against a loss of INR 1,... Read More


Govt Weighs Easing Export Rules For Amazon, Other Ecommerce Giants

India, Sept. 26 -- In an attempt to ease foreign investment rules, the government has reportedly drafted a proposal to allow ecommerce multinationals like Amazon to purchase goods directly from Indian... Read More


Meet The Startups From Peak XV's 'Surge 11'

India, Sept. 25 -- VC firm Peak XV Partners has launched the eleventh cohort of its accelerator and incubation programme, Surge. Twenty three startups from India, US and South East Asia have been feat... Read More


Xbattery Bags $2.3 Mn To Develop Battery Management System

India, Sept. 24 -- Battery tech startup Xbattery has raised $2.3 Mn in its seed funding round led by Bipin Patel Family Office, with participation from financial services company Jhaveri Credits. The... Read More


Chiratae Ventures Marks Second Close Of Fifth Fund At $150 Mn

India, Sept. 23 -- Flipkart-backer Chiratae Ventures has marked the second close of its fifth venture capital fund at $150 Mn (around INR 1,331 Cr). The VC firm expects to mark the final close of the ... Read More


Amwoodo Raises $4 Mn To Scale Production Of Sustainable Bamboo Products

India, Sept. 23 -- Sustainable solutions startup Amwoodo has raised $4 Mn in its pre-Series A round led by existing investor Rainmatter, with participation from Adventz Group, Thinkuvate, and Caspian.... Read More


888VC Launches INR 175 Cr Fund To Back Early Stage Deeptech Startups

India, Sept. 22 -- With an eye on backing India's emerging deeptech startups, Rohit Bafna-led early-stage accelerator 888VC has launched its maiden INR 175 Cr (about $19 Mn) alternate investment fund ... Read More


Blue Energy Motors Raises $30 Mn To Develop EV & LNG Trucks

India, Sept. 19 -- Electric truck manufacturer Blue Energy Motors (BEM) has secured $30 Mn (INR 264 Cr) in a funding round led by Zerodha cofounder Nikhil Kamath and listed textiles company Omnitex In... Read More


Meta Vs CCI: Tech Giant Argues That CCI Failed To Prove Market Abuse

India, Sept. 17 -- In the ongoing standoff between Meta and India's antitrust regulator, the Competition Commission of India (CCI), the tech giant told the National Company Law Appellate Tribunal (NCL... Read More


Lab-Grown Diamond Startup Lucira Bags $5.5 Mn To Scale Omnichannel Presence

India, Sept. 17 -- Lab-grown diamond jewellery startup Lucira has raised $5.5 Mn (around INR 48 Cr) in a seed funding round led by Blume Ventures. The round also saw participation from other instituti... Read More