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BigBasket Goes Bland: Can Tata Digital Spice It Up?

India, Sept. 30 -- Troubles seem to be far from over for Tata Digital-run BigBasket. Once the poster child of India's online grocery delivery finds itself entangled in deepening losses, shrinking rev... Read More


Aequs Files Updated DRHP, To Raise INR 720 Cr Via Fresh Issue

India, Sept. 30 -- Contract manufacturing company Aequs has filed its updated draft red herring prospectus (UDRHP) with the SEBI for its initial public offering (IPO) about one week after receiving th... Read More


Flipkart, Amazon's Mega Festive Sales Blighted By Dark Patterns

India, Sept. 30 -- Just last week, ecommerce major Amazon agreed to pay $2.5 Bn to settle a lawsuit filed by the US Federal Trade Commission (FTC), which alleged that the company "knowingly duped" mil... Read More


Ironclad Asset Management Launches INR 200 Cr ESOP-Focused Fund

India, Sept. 30 -- Investment firm Ironclad Asset Management has launched INR 200 Cr ($22.5 Mn) ESOP-focused fund Ironclad Ventures to provide liquidity to employees in the Indian startup ecosystem. ... Read More


Ironclad Asset Management Launches INR 200 Cr ESOP-Focused Secondaries Fund

India, Sept. 30 -- Investment firm Ironclad Asset Management has launched INR 200 Cr ($22.5 Mn) ESOP-focused fund Ironclad Ventures to provide liquidity to employees in the Indian startup ecosystem. ... Read More


Fyno Raises $4 Mn to Scale Its Enterprise Communication Platform

India, Sept. 30 -- Bengaluru-based Fyno has raised $4 Mn in a funding round co-led by Arkam Ventures and 3one4 Capital to expand go-to-market operations in India and strengthen its AI-driven communica... Read More


StartupTN's Sivarajah Ramanathan On Building Tamil Nadu's Distinct Startup Model

India, Sept. 30 -- Around 175,000 DPIIT-recognised ventures. More than 121 unicorns. An expected funding of $14-15 Bn by the end of 2025. That's the world's third-largest startup economy at a glance. ... Read More


Robotics Startup EyeROV Bags INR 47 Cr Indian Navy Contract

India, Sept. 30 -- Marine robotics startup EyeROV has secured an order of INR 47 Cr ($5.3 Mn) from the Indian Navy to deliver underwater remotely operated vehicles (UWROVs). The contract will see Eye... Read More


Peak XV Partners Leads $75 Mn Funding Round In PostHog

India, Sept. 30 -- VC firm Peak XV Partners led a $75 Mn funding round in open-source analytics platform PostHog, which also turned the US-based startup into a unicorn. In a blogpost, PostHog cofound... Read More


Anthropic Eyes India Expansion, To Hire Country Lead

India, Sept. 30 -- AI major Anthropic is planning to hire a country lead for India as part of its global expansion plan. According to a CNBC report, the company is also looking for country heads in A... Read More