India, Sept. 24 -- Update | September 24, 22:00 PM Online pharmacy PharmEasy's parent company API Holdings Limited has raised INR 1,700 Cr ($193 Mn) via redeemable non-convertible debentures (NCDs) t... Read More
India, Sept. 24 -- Walmart-owned fintech giant PhonePe has pre-filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company is looking to raise ab... Read More
India, Sept. 24 -- Agentic AI startup Emergent, founded by ex-Dunzo cofounder and CTO Mukund Jha along with his brother Madhav Jha, has raised $23 Mn (approximately INR 204 crore) in its Series A roun... Read 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
India, Sept. 24 -- Adding another layer to the face-off between Elon Musk's X and the central government, Karnataka's high court (HC) has now reportedly dismissed the former's plea seeking relief on t... Read More
India, Sept. 24 -- VC firm Good Capital has marked the final close of its second fund at $30 Mn (about INR 260 Cr). In a statement, the early-stage investment firm said that the fund has got commitme... Read More
India, Sept. 24 -- Shortly after Swiggy's board approved a proposal to sell its entire stake in Rapido for $270 Mn (INR 2,400 Cr), the ride-hailing unicorn is now reported to be eyeing closing the fun... Read More
India, Sept. 24 -- Drone tech company ideaForge's wholly owned US subsidiary, ideaForge Technology Inc, is setting up a joint venture (JV) with US-based ammunition component manufacturer First Breach ... Read More
India, Sept. 24 -- D2C brand P-TAL has raised $3 Mn in its Series A funding round led by Venture Catalysts' syndicated fund VC Grid and Nikhil Kamath's Rainmatter. The funding round also saw particip... Read More
India, Sept. 24 -- In the run-up to its $1.2-1.5 Bn public listing early next year, PhonePe is busy resolving its biggest challenge: wafer-thin margins in its core payments business and the need to bu... Read More