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Former Amazon Executive's Startup CodeKarma Bags $2.5 Mn

India, Aug. 6 -- Enterprise tech startup CodeKarma has raised $2.5 Mn (around INR 22 Cr) in its pre-seed funding round co-led by Prosus, Accel and Xeed Ventures. The round also saw participation from... Read More


Clear Fires Over 100 Employees Amid AI Push

India, Aug. 6 -- Tax filing platform Clear, formerly known as ClearTax, said it has laid off about 16% of its workforce amid a "broader strategic organisational restructuring". The Peak XV Partners-b... Read More


Inside IPO-Bound Fractal's 25-Year-Journey From SaaS Startup To AI Powerhouse

India, Aug. 6 -- Rome was not built in a day. This idiom is vital in understanding the journey of Fractal Analytics from the early days to its current avatar. What began as a bold idea by two IIM Ahme... Read More


BlueStone's IPO Moment, Delhivery's Profitability Streak & More

India, Aug. 6 -- BlueStone's IPO Moment Is Here After 14 years in business, BlueStone is all set to make its D-Street debut later this month. The company has filed its red herring prospectus (RHP), a... Read More


After Paytm, Antfin To Exit Eternal By Selling Shares Worth INR 5,375 Cr

India, Aug. 6 -- Antfin, an affiliate of Alibaba Group, is reportedly set to sell 18.8 Cr shares of foodtech major Eternal in a block deal worth around INR 5,375 Cr (about $613 Mn). This comes a day a... Read More


LEAD School Trims Net Loss By 70% To INR 43 Cr in FY25

India, Aug. 6 -- Edtech startup LEAD School reduced its standalone net loss for the financial year ended March 31, 2025 (FY25) by 69.7% to INR 43.3 Cr from INR 143 Cr in the previous fiscal year. The... Read More


Microsoft-Nayara Energy Case Exposes India Inc's Cloud Vulnerability

India, Aug. 6 -- On July 22, Microsoft abruptly suspended cloud services to Indian refining and marketing company Nayara Energy without any warning or explanations. Nayara Energy was left without acc... Read More


Zype Raises INR 90 Cr In A Mix Of Equity & Debt

India, Aug. 6 -- Fintech startup Zype has raised INR 90 Cr ($10.3 Mn) in a mix of equity and debt funding round. The fundraise comprises an equity round of INR 56 Cr and debt funding of INR 34 Cr. Ac... Read More


HYLENR Nets $3 Mn To Offer Low-Carbon Heat Generation Solutions

India, Aug. 6 -- Clean tech startup HYLENR has raised $3 Mn (around INR 26.3 Cr) in its pre-Series A funding round co-led by Valour Capital and Chhattisgarh Investments Limited. The round also saw pa... Read More


[Update] Antfin Exits Paytm, Sells 3.73 Cr Shares For INR 3,981 Cr

India, Aug. 6 -- Update | August 6, 01:50 AM A day after reports surfaced that Antfin was looking to sell its remaining stake in Paytm, the Alibaba Group's affiliate company on Tuesday (July 5) sold ... Read More