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IIT Madras To Launch INR 200 Cr Alumni-Backed Early Stage Startup Fund

India, July 8 -- Indian Institute of Technology (IIT) Madras has said it plans to launch an INR 200 Cr venture capital (VC) fund to back early-stage startups, particularly in the deeptech domain. Cal... Read More


Ahead Of IPO, Captain Fresh Converts Into A Public Entity

India, July 7 -- Meat and seafood startup Captain Fresh has converted into a public company, marking a major step in preparation for its initial public offering (IPO). In a filing with the Ministry o... Read More


Nykaa Jumps 2.5% After It Projects Mid-20% Revenue Growth In Q1

India, July 7 -- Shares of beauty ecommerce major Nykaa surged 2.5% to INR 203.05 on the BSE today after the company said it expects its consolidated revenue growth to be in mid-twenties YoY in the fi... Read More


Eternal Appoints Aditya Mangla As Food Delivery CEO

India, July 7 -- Foodtech major Eternal has appointed Aditya Mangla as the CEO of its food ordering and delivery business. Mangla will succeed Rakesh Ranjan, who has completed his two-year stint as t... Read More


GenAI Startup subtl.ai Shuts Shop After Failing To Raise Funds

India, July 7 -- After raising $200K (INR 1.8 Cr) from a clutch of angel investors, GenAI-focussed enterprise tech startup subtl.ai has shut down. The startup's web domain has also expired. On July 3... Read More


NBFC InPrime Bags $3 Mn From InfoEdge, Others To Grow Beyond Indian Metros

India, July 7 -- Bengaluru-based non-banking financial company (NBFC) InPrime Finserv has raised INR 50 Cr (about $6 Mn) in its Series A1 round. The round, led by Pravega Ventures, saw participation ... Read More


NBFC InPrime Bags $6 Mn From InfoEdge, Others To Grow Beyond Indian Metros

India, July 7 -- Update | July 8, 10:40 The headline of the story has been edited to change the funding amount to $6 Mn from $3 Mn earlier. Original Story | July 7, 20:18 Bengaluru-based non-bankin... Read More


The Fall Of Good Glamm, Startup Funding Last Week & More

India, July 7 -- The Good Glamm Meltdown Once a unicorn and looking to build India's content-to-commerce space, the Good Glamm Group (GGG) is now staring at a bleak horizon. The startup has shut dow... Read More


Khetika Bags $18 Mn To Sell Preservative-Free Processed Foods

India, July 7 -- Healthy food brand Khetika has raised $18 Mn in its Series B round co-led by the Narotam Sekhsaria Family Office and Anicut Capital. The round also saw participation from existing bac... Read More


Amazon's Quick Commerce Offering Now Live In Delhi

India, July 7 -- Amid the quick-commerce wars, global ecommerce giant Amazon's 10-minute delivery offering, Amazon Now, is now live in Delhi. Announced in December 2024 in Bengaluru, the offering is ... Read More