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UPI Transactions Touch All-Time High Mark At 20.7 Bn In October

India, Nov. 1 -- Amid the festive season, UPI transactions rose 5.6% month-on-month (MoM) to 20.7 Bn in October, touching a fresh all-time high. On a year-on-year (YoY) basis, the transaction count ju... Read More


Snapmint Raises $125 Mn To Expand Its Merchant Network

India, Oct. 31 -- BNPL startup Snapmint has raised $125 Mn (around INR 1,100 Cr) in its Series B funding round, led by General Atlantic. The round also saw participation from Prudent Investment Manage... Read More


Swiggy Looking To Raise $1.5 Bn Via QIP For Instamart Expansion: Report

India, Oct. 30 -- Foodtech giant Swiggy is reportedly considering raising $1 Bn to $1.5 Bn via a qualified institutional placement (QIP) to boost its balance sheet and accelerate quick commerce expans... Read More


Helex Raises $3.5 Mn To Develop Targeted Medicines For Genetic Kidney Diseases

India, Oct. 30 -- Biotech startup Helex has raised $3.5 Mn (around INR 31 Cr) in its seed funding round led by pi Ventures, with participation from a host of investors, including Bluehill.VC, US-based... Read More


[Update] Swiggy Mulls Raising INR 10,000 Cr Via QIP

India, Oct. 30 -- Update | October 30, 16:30 IST Foodtech major Swiggy is planning to raise up to INR 10,000 Cr via a qualified institutional placement (QIP). In an exchange filing, the company said... Read More


More Trouble For Bira 91 As Lenders Take Control Of The Beer Cafe

India, Oct. 29 -- In more trouble for cash-starved beer maker Bira 91, its lenders Anicut Capital and Japan-based Kirin Holdings have taken control of the alcobev startup's subsidiary and renowned caf... Read More


Lyzr Secures $8 Mn To Help Enterprises Build Custom AI Agents

India, Oct. 29 -- B2B agentic AI startup Lyzr has raised $8 Mn (around INR 70.6 Cr) in its Series A funding round led by Rocketship.vc, with participation from Accenture, Firstsource, US-based Plug an... Read More


CarTrade Q2: Profit Surges 109% To INR 64 Cr

India, Oct. 28 -- Car reselling platform CarTrade's consolidated net profit more than doubled to INR 64.1 Cr in the second quarter of the ongoing fiscal year (Q2 FY26) from INR 30.7 Cr in the same qua... Read More


[Update] BYJU'S Moves NCLAT Against Aakash's EGM

India, Oct. 28 -- Update | 10:55 IST Days after the NCLT rejected BYJU'S plea for an interim stay on Aakash Educational Services Ltd's (AESL's) extraordinary general meeting (EGM) to approve a rights... Read More


Optimo Capital Raises INR 150 Cr From Cofounder Prashant Pitti, Others

India, Oct. 28 -- MSME lendingtech platform Optimo Capital has raised INR 150 Cr (around $17.5 Mn) in its Series A funding round led by its founder Prashant Pitti, along with participation from existi... Read More