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Vedantu Nets $11 Mn In Ongoing Round To Go All Out On AI

India, Sept. 26 -- Edtech unicorn Vedantu has raised $11 Mn (INR nearly INR 100 Cr) as part of an ongoing funding round from existing backers. The company did not disclose the name of the investors pa... Read More


BharatPe FY25: Loss Narrows 82% To INR 88 Cr, Revenue At INR 1,667 Cr

India, Sept. 26 -- Fintech unicorn BharatPe slashed its net losses by 82% to INR 88.2 Cr in the fiscal year 2024-25 (FY25) compared to INR 492 Cr in the year ago fiscal. The improved numbers came on ... Read More


KisanKonnect Nets INR 72 Cr To Sell Fresh Fruits & Vegetables

India, Sept. 26 -- Omnichannel farm-to-fork startup KisanKonnect has raised INR 72 Cr ($8 Mn) in its Pre-Series A funding round led by Bajaj Finserv Group. The round also saw participation from exist... Read More


PhonePe's IPO Puzzle, Rapido's Next Move & More

India, Sept. 25 -- PhonePe's UPI Edge Isn't Enough PhonePe has filed its DRHP with the SEBI via the confidential route for an up to $1.5 Bn public listing. As the fintech juggernaut heads to the D-St... Read More


Porter Delivers Profits, Seekho's Close Call & More

India, Sept. 24 -- Porter's FY25 Turnaround Porter finally turned profitable in FY25. The logistics unicorn achieved the milestone on the back of soaring revenues and improved margins, signalling a n... Read More


Paytm Money Partners Jio BlackRock To Float AI-Led Active Equity Fund

India, Sept. 24 -- Fintech giant Paytm's wealth tech arm Paytm Money has joined hands with Reliance-backed Jio BlackRock to launch a new AI-powered systematic active equity (SAE) fund for retail inves... Read More


Thank You, Sponsors, For Powering The D2C Retreat 2025

India, Sept. 24 -- Amid 8,000 acres of protected forest at the foothills of the Shivaliks, India's first individual Olympic gold medallist, Abhinav Bindra, laid bare what it truly takes to become the ... Read More


Swiggy To Hive Off Instamart As A Separate Step-Down Subsidiary

India, Sept. 24 -- Foodtech major Swiggy will hive off its quick commerce arm Instamart into a separate, step-down subsidiary. In a filing with the exchanges, Swiggy said that its board approved a pr... Read More


PhonePe's INR 7K Cr Run, Purple Style Labs' IPO & More

India, Sept. 23 -- PhonePe's FY25 Scorecard PhonePe is firing on all cylinders. In FY25, the fintech giant crossed the INR 7,000 Cr revenue milestone while also slashing its losses, showcasing a rare... Read More


Jefferies Bullish On Paytm, Hikes Target Price To INR 1,420

India, Sept. 23 -- Brokerage firm Jefferies has reportedly raised the price target (PT) for Paytm's parent entity One97 Communications to INR 1,420, while maintaining its BUY rating for the stock. "W... Read More