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From Emergent To Neo Group - Indian Startups Raised $281 Mn This Week

India, July 18 -- Indian startup funding rebounded sharply in the third week of July. Between July 11 and July 17, Indian startups cumulatively raised about $281.4 Mn across 24 deals, over 3X from the... Read More


IPO-Bound Jio Platforms' Q1 Profit Jumps 9% YoY To Rs.7,764 Cr

India, July 17 -- IPO-bound Jio Platforms reported a consolidated profit after tax (PAT) of Rs.7,764 Cr in the first quarter of FY27 (Q1 FY27), up 9.2% YoY from Jio Platforms. Sequentially, net profit... Read More


Why RBI's Data Governance Push Puts Fintech Partners In A Spot

India, July 17 -- The RBI's proposed data governance framework could have significant implications for India's fintech ecosystem, even though the regulatory requirements are primarily directed at bank... Read More


Neo Group Nets Rs.350 Cr From Peak XV Partners To Strengthen Wealthtech Play

India, July 16 -- Wealth and asset management startup Neo Group has raised about Rs.350 Cr ($36.3 Mn) in a funding round led by existing investor Peak XV Partners, marking its second capital raise in ... Read More


Ather Opens QIP, Sets Floor Price Of Rs.1,169.70 Per Share

India, July 15 -- Adding to a string of funding related disclosures today, Ather Energy has now opened a qualified institutional placement (QIP) to raise more capital. The company has set the floor pr... Read More


Files Related To India's Largest Nuclear Plant Surface On Dark Web

India, July 15 -- Thousands of files linked to the Kudankulam Nuclear Power Plant, India's largest nuclear power facility, have surfaced on the dark web following a ransomware group claimed to have br... Read More


Promom Bags Rs.30 Cr From Fireside Ventures To Expand Mom & Baby Care Portfolio

India, July 15 -- Maternal and baby care startup Promom has raised Rs.30 Cr ($3.1 Mn) in a funding round led by Fireside Ventures. The startup plans to use the fresh capital to expand its product port... Read More


Cabinet Approves Rs.1.28 Lakh Cr Semicon 2.0 To Boost India's Chip Ecosystem

India, July 15 -- The Union Cabinet today approved the second phase of the Indian Semiconductor Mission, Semicon 2.0, with an outlay of Rs.1.28 Lakh Cr to strengthen India's chip design and manufactur... Read More


Udaan Lines Up $160 Mn Financing Round To Strengthen Balance Sheet

India, July 14 -- B2B ecommerce unicorn Udaan has announced a financing worth about $160 Mn as it looks to strengthen its balance sheet and simplify its capital structure while dealing with debt oblig... Read More


Shark Tank Fame Medial Shuts Down Amid Mounting Cash Crunch

India, July 14 -- Startup-focused social networking platform Medial is winding down its operations, its founder and CEO Niket Raj Dwivedi announced today in a post on LinkedIn. The "difficult decisio... Read More