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Vecmocon To Raise $8.7 Mn From Aavishkaar Capital, Others

India, June 6 -- EV intelligence startup Vecmocon Technologies is set to raise INR 74 Cr (around $8.7 Mn) in a funding round led by Aavishkaar Capital and existing backers Ecosystem Integrity Fund (EI... Read More


Apple To Open 4th India Store In Mumbai's Borivali

India, June 6 -- Apple is opening its fourth retail store in India. The big tech major has reportedly selected Mumbai's Borivali as the location of its newest outlet, which will span 12,616 square fee... Read More


Zaggle To Buy Spend Management Startup Dice Enterprises For INR 123 Cr

India, June 5 -- Fintech major Zaggle is set to acquire Pune-based enterprise spend management startup Dice Enterprises Limited for INR 123 Cr (about $14.3 Mn). Zaggle said that the acquisition will ... Read More


Bessemer Ropes In Pankaj Mitra To Lead India Investments In AI & SaaS

India, June 5 -- Venture capital (VC) firm Bessemer Venture Partners, which has backed the likes of Swiggy and Urban Company, has named Pankaj Mitra as its new partner to lead enterprise tech, AI, and... Read More


No Respite To Gensol As NCLAT Quashes Plea To Defreeze Assets

India, June 4 -- Gensol can't seem to catch a breath. Now, the National Company Law Appellate Tribunal (NCLAT) has rejected two pleas filed by Gensol-linked entities: BluSmart Premium Fleet and Matrix... Read More


Madras HC Upholds Tamil Nadu's Online Gaming Regulations

India, June 3 -- The Madras High Court has upheld the Tamil Nadu government's recent regulations on the real money gaming (RMG) sector, dealing a blow to several gaming firms such as Play Games 24x7, ... Read More


'Nykaa Now' Live In Multiple Cities, Wider Metro Rollout Soon

India, May 30 -- Beauty major Nykaa's quick delivery service, Nykaa Now, is currently operational in several cities, said Anchit Nayar, CEO of Nykaa's beauty business, in a post-earnings call. While ... Read More


Yatra Q4: Profit Surges 2.7X To INR 15.2 Cr

India, May 29 -- Travel tech company Yatra posted a consolidated net profit of INR 15.2 Cr in Q4 FY25, up 172% from INR 5.6 Cr in the year-ago quarter. On a sequential basis, profit rose 52% from INR ... Read More


BlackBuck Posts INR 280 Cr Profit In Q4 On Tax Credit

India, May 27 -- Logistics company BlackBuck posted a consolidated net profit of INR 280.1 Cr in Q4 FY25 as against a net loss of INR 90.8 Cr in the year-ago quarter. The company had reported a net lo... Read More


OYO Plans To File IPO Papers By September

India, May 27 -- Amid the speculations about its initial public offering (IPO), hospitality major OYO has reportedly restarted discussions for its public issue and is looking to file the draft papers ... Read More