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Credilio Bags Rs.100 Cr For FD-Backed Credit Card Business novio

India, April 28 -- Fintech startup Credilio has raised Rs.100 Cr (about $10.5 Mn) in its Series A funding round led by existing backer Cornerstone Ventures, with participation from Shepherd Hill, Root... Read More


Kissht Parent OnEMI's IPO To Open On April 30, Price Band Set At Rs.162-171

India, April 27 -- Lending tech startup Kissht's parent OnEMI Technology Solutions has filed its red herring prospectus (RHP) for a Rs.922 Cr IPO, The offering will open for bidding on April 30 (Thurs... Read More


Decoding DPIIT's Rs.10,000 Cr Startup India Fund Of Funds 2.0 Guidelines

India, April 27 -- Earlier this month, the Ministry of Commerce and Industry announced the launch of a second fund of funds (FoF 2.0) to accelerate capital allocation for the startup ecosystem, especi... Read More


Pine Labs Acquires Tiger Global-Backed Shopflo For Rs.88 Cr

India, April 25 -- Fintech major Pine Labs has acquired ecommerce-focused SaaS startup Shopflo in an all-cash deal worth Rs.88 Cr (about $9.3 Mn). The online checkout optimisation platform will allow... Read More


LightFury Games Bags $11 Mn To Develop AAA Game 'eCricket'

India, April 23 -- Gaming studio LightFury Games has raised $11 Mn in its pre-Series A funding round from Blume Ventures, V3 Ventures, MIXI, and Times Internet. Indian cricketers like MS Dhoni, Jaspri... Read More


Global Crypto Exchange BitDelta Launches India Operations

India, April 23 -- Global crypto exchange platform BitDelta has launched its digital asset trading services in India. The company has registered with the Financial Intelligence Unit - India (FIU-IND)... Read More


Karnataka HC Extends Interim Protection For Swiggy Against CCI Probe

India, April 22 -- Food delivery major Swiggy has received another interim relief from the Karnataka High Court after it extended the stay on proceedings in the ongoing antitrust probe by the Competit... Read More


AI For Defence: Sarvam, Other AI Startups To Set Up $300 Mn CoE

India, April 22 -- Bengaluru-based Sarvam and other AI startups are reportedly in advanced talks with the defence ministry to launch a Rs.300 Cr Centre of Excellence (CoE) to develop defence capabilit... Read More


Dhan Parent Raise Financial Acquires Trading Platform Stratzy

India, April 21 -- Fintech unicorn Raise Financial Services has acquired algo-trading platform Stratzy in a cash-and-stock deal. However, the parent of stock trading platform Dhan didn't disclose the ... Read More