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Exclusive: Rural Commerce Startup Wheelocity Raises Rs.82 Cr In Ongoing Funding Round

India, July 9 -- Rural commerce startup Wheelocity has raised over Rs.82 Cr (about $8.5 Mn) in an ongoing funding round from new investors, existing backers, and a host of angel investors. Overall, t... Read More


Mahadev Betting App Promoter Sourabh Chandrakar Detained In Oman

India, July 9 -- Sourabh Chandrakar, the alleged mastermind behind the Mahadev betting app syndicate, has been detained in Oman and Indian authorities are seeking his extradition or deportation. Acco... Read More


Flipkart Expands Zero Commission Policy To All Fashion Products

India, July 8 -- Walmart-backed ecommerce marketplace Flipkart has expanded its zero-commission policy to cover all fashion products, irrespective of their price, as it looks to strengthen its fashion... Read More


Milo Drive Bags $2.4 Mn To Scale Electric Mobility Platform

India, July 8 -- Electric mobility startup Milo Drive has raised $2.4 Mn (about Rs.22.9 Cr) in a seed funding round co-led by Caret Capital and Antler. The funding round also saw participation from Al... Read More


Elevate Education Bags Rs.170 Cr To Scale AI-Led Higher Education Platform

India, July 8 -- Edtech startup Elevate Education, formerly known as Sunstone, has raised Rs.170 Cr ($17.7 Mn) in its Series D funding round led by existing backer WestBridge Capital. The fresh capit... Read More


Aequs Jumps 12% To All-Time High On Nuvama's Bullish Call

India, July 8 -- Shares of contract manufacturer Aequs surged as much as 12% to hit an all-time high of Rs.271 apiece on the BSE after brokerage Nuvama Institutional Equities initiated coverage on the... Read More


Econovus Nets Rs.40 Cr To Expand Sustainable Industrial Packaging

India, July 7 -- Industrial packaging startup Econovus Packaging has raised Rs.40 Cr (about $4.2 Mn) in its maiden institutional funding round. The pre-Series A funding round led by Rainmatter by Zero... Read More


Swiggy Jumps Over 7% After Foreign Holding Falls Below 50%

India, July 7 -- Shares of Swiggy surged over 7% during the intraday trading on the BSE today after the foodtech major said that the aggregate foreign investment in the company has fallen below the 50... Read More


Swiggy Jump 5.5% After Foreign Holding Falls Below 50%

India, July 7 -- Shares of Swiggy surged as much as 5.5% during the intraday trading on the BSE today after the foodtech major said that the aggregate foreign investment in the company has fallen belo... Read More


D2C Footwear Brand Fizzy Goblet Onboards Kareena Kapoor As Investor

India, July 7 -- D2C footwear and accessories brand Fizzy Goblet has onboarded Kareena Kapoor Khan as a strategic investor, almost four years after it appointed the actor as the brand ambassador in Ap... Read More