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Groww Cofounders To Launch Rs.500 Cr Fund To Back Consumer, Deeptech Startups

India, July 31 -- Discount brokerage Groww's cofounders are planning to launch a second fund with a target corpus of Rs.400 Cr to Rs.500 Cr to back seed and early-stage startups. A report by ET, citi... Read More


E2W Registrations Dip 1.7% MoM In July, TVS Motor Defies Trend With 10% Growth

India, July 31 -- Electric two-wheeler (E2W) registrations declined 1.7% to 1.91 Lakh units in July from 1.94 Lakh units in June, with TVS Motor bucking the broader trend by posting double-digit growt... Read More


[Update] Capillary Begins Forensic Audit Into €3 Mn Cyber Fraud at Subsidiary

India, July 31 -- Update| July 31, 15:15 IST Days after it announced a cyber fraud of €3 Mn (about Rs.32.7 Cr) at one of its step-down subsidiaries, SaaS company Capillary Technologies said it ... Read More


IPO-Bound PhonePe Bets On Transaction Data Monetisation With PulsePro

India, July 30 -- Since the introduction of UPI and digital payments, fintech startups have amassed a goldmine of transaction data. While these datasets have powered underwriting, fraud detection and ... Read More


Pine Labs Shares Slide 5.6% After Q1 Profit Slumps 67% QoQ

India, July 29 -- Shares of fintech major Pine Labs slumped as much as 5.6% to touch an intra-day low of Rs.144.4 on the BSE today, a day after the company released its financial results for the first... Read More


Revspot Raises $4.8 Mn To Scale AI Sales Automation Platform

India, July 29 -- AI sales automation startup Revspot has raised $4.8 Mn (about Rs.45.9 Cr) in its Series A funding round co-led by Inflexor Ventures and Info Edge Ventures. Pentathlon Ventures, Silic... Read More


Table Space To File Draft Papers For $350 Mn IPO Next Month: Report

India, July 28 -- Managed workspace provider Table Space is reportedly preparing to file draft papers for its proposed IPO by early August. According to a Bloomberg report, the startup is looking to ... Read More


upGrad-Unacademy Merger Nears Completion

India, July 28 -- Edtech major upGrad is in the final stages of acquiring edtech rival Unacademy in a transaction valued at Rs.1,955 Cr, with the signing process almost complete, as per sources famili... Read More


Krutrim Cuts Nearly Half Of Remaining Workforce In Fresh Layoffs

India, July 28 -- Bhavish Aggarwal-led AI startup Krutrim has reportedly laid off another 20-25 employees in its second round of layoffs this year, with the latest exercise affecting nearly half of it... Read More


Can TakeMe2Space Build The AWS Of Space?

India, July 27 -- When Indian Space Research Organisation's (ISRO) PSLV-C61 rocket lifted off from Sriharikota in January this year, Ronak Samantray believed that the hardest part was behind him. For... Read More