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Matter Of Minutes: Can Flipkart Strike A Fiscal Balance Ahead Of IPO?

India, June 19 -- Can Flipkart beat a mile a minute? As the road to D-Street neared its end, the ecommerce giant has flicked into quick commerce, rolling out Minutes. The question now staring at its A... Read More


Inside 3one4 Capital's Decade-Long Exit Track Record

India, June 19 -- In early 2022, enterprise HR tech startup Darwinbox raised its Series D round, joining the unicorn club. Most observers saw it as a milestone for Indian SaaS, but for 3one4 Capital, ... Read More


Conversational Payments Via AI Being Developed To Bolster India's Digital Ecosystem: FM

India, June 19 -- Finance minister Nirmala Sitharaman has said conversational payments through artificial intelligence and offline functionality are being developed as a part of India's evolving digit... Read More


Oben Electric Closes INR 100 Cr Series A Funding Round

India, June 18 -- Bengaluru-based electric bike manufacturer Oben Electric today said it has marked the final close of its INR 100 Cr (around $11.5 Mn) Series A funding round, after raising an additio... Read More


Jio Financial Services Takes Complete Control Of Jio Payments Bank

India, June 18 -- About two months after announcing its plans to acquire Jio Payments Bank Ltd (JPBL), fintech company Jio Financial Services (JFS) has completed the acquisition for INR 104.5 Cr. In ... Read More


Razorpay Expands Fintech Verse, India's EV Dreams Hit A Wall & More

India, June 18 -- Cha-Ching! Razorpay Expands Its Fintech Verse Stepping beyond its core B2B focus and entering the consumer space, Razorpay has now stepped into the UPI realm by acquiring a majority... Read More


Exclusive: Telecom Startup WIOM Raises $35 Mn In Round Led By Accel, Prosus

India, June 18 -- Telecommunications startup WIOM has raised $35 Mn (about INR 290 Cr) in a new funding round led by Accel and Prosus, sources told Inc42. The funding round, which also saw participat... Read More


Urban Company Turns Profitable, Posts INR 240 Cr PAT In FY25

India, June 18 -- Urban Company turned profitable in the financial year ended March 31, 2025 (FY25). The hyperlocal services startup reported a net profit of INR 239.7 Cr during the fiscal year under ... Read More


Exclusive: Ex-Unacademy CBO Abhinav Agarwal's New Eyewear Startup Raises $2.2 Mn

India, June 18 -- Serial entrepreneur and former Unacademy CBO Abhinav Agarwal is launching a new startup in the eyewear space and has raised $2.2 Mn seed funding in a round led by India Quotient. Ag... Read More


MobiKwik Shares Crash 10% As Lock-In Period Ends

India, June 18 -- Shares of MobiKwik slumped as much as 9.8% to INR 243 intraday today following the end of the six-month lock-in period for pre-IPO shareholders. According to Nuvama Alternative & Qu... Read More