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Startups / inc42

Telangana Gig Workers Union Seeks Roll Out Of Govt-Run Ride Hailing App

The Telangana Gig and Platform Workers Union (TGPWU) has reportedly urged roll out of a government-run ride hailing app. As

21 Nov 2024 10:34 am
NowPurchase Completes First ESOP Buyback

SaaS marketplace NowPurchase has completed its first-ever employee stock option plan (ESOP) buyback. Naman Shah, founder and chief executive of

21 Nov 2024 10:30 am
Flipkart Backed super.money Rides The FD Wave To Fuel Its Financial Offerings

In an effort to diversify its product offerings, Flipkart-backed fintech startup super.money has announced the launch of a new fixed

21 Nov 2024 10:08 am
BlackBuck IPO: Peak XV, VEF To Book Losses On Partial Exits

As BlackBuck moves toward its public listing, the returns for its shareholders present a mixed bag. While early investors like

20 Nov 2024 10:07 pm
FAST42 2025 Is Now Live: Apply To Be Among The Fastest-Growing D2C Brands In India

Indias direct-to-consumer (D2C) market, which is projected to reach $300 Bn by 2030, has grown exponentially in the last few

20 Nov 2024 4:07 pm
OfBusiness Sets The IPO Ball Rolling, Onboards Five Banks

SoftBank-backed B2B marketplace OfBusiness has reportedly roped in five banks for its up to $1 Bn initial public offering (IPO)

20 Nov 2024 3:30 pm
Food Delivery War: Zomato Extends Lead Over Swiggy With 58% Market Share

Foodtech major Zomato continued to reign supreme in the food delivery segment with a 58% market share in the June

20 Nov 2024 3:00 pm
Innoviti Ropes In Nish Kotecha to Advisory Board Ahead of IPO

Digital payments solution startup Innoviti Technologies has roped in fintech veteran Nish Kotecha to its advisory board. The appointment comes

20 Nov 2024 2:58 pm
Bengal Plans Policies To Tap Investment In Semicon, Drones

At a time when several governments have been introducing new initiatives and pumping up investments to back startups, the West

20 Nov 2024 9:35 am
Need To Lower GST On EV Batteries, Charging Infra: PMO Advisor

Advisor to the Prime Minister, Tarun Kapoor, has reportedly underscored the need to lower goods and services tax (GST) on

20 Nov 2024 9:13 am
Recommendations For Satcom Spectrum Assignment To Be Finalised By Dec: TRAI Chairman

Telecom Regulatory Authority of India (TRAI) chairman Anil Kumar Lahoti has reportedly said that the regulator will likely release its

20 Nov 2024 9:10 am
SEBI Floats Consultation Paper To Revamp SME IPO Framework

The Securities and Exchange Board of India (SEBI) has floated a consultation paper seeking comments on revamping the listing framework

19 Nov 2024 10:39 pm
Buoyed By Flipkarts Big Billion Day Sale, Walmarts International Sales Zoom

US-based retail major Walmart reported a 8% year-on-year (YoY) growth in its international sales to $30.3 Bn in Q3 FY25

19 Nov 2024 9:11 pm
CarTrade Shares Rally 13% To Hit Fresh 52-Week High At INR 1,336.40

Shares of CarTrade rallied more than 13% to reach a fresh 52-week high at INR 1,336.40 apiece on the BSE

19 Nov 2024 3:47 pm
Zomatos Food Delivery Business Will Grow 30% Annually Over Next 5 Years: CEO

Foodtech major Zomato reportedly expects its core delivery business to grow at an annual rate of 30% over the next

19 Nov 2024 3:47 pm
SUGAR Fosters Ties With Unicommerce To Boost Upselling, Cross-Selling Networks

Listed SaaS company Unicommerce has announced expanding its technology support for beauty and personal care (BPC) startup SUGAR. The BPC

19 Nov 2024 3:07 pm
CoinSwitch Rolls Out SmartInvest To Help Mitigate Crypto Trade Risks

After futures and options trading with zero brokerage, homegrown crypto exchange CoinSwitch has rolled out a new service called SmartInvest

19 Nov 2024 3:00 pm
MapmyIndia Backed KOGO Unveils Online AI Store For SMEs

Bengaluru-based startup KOGO AI has rolled out an online AI store to offer advanced AI agents, tools and plugins

19 Nov 2024 2:50 pm
Foxconn Asks Indian Recruiters To Remove Marital Status From Job Ads

Over four months after Foxconn has been alleged of excluding married women from jobs at its iPhone assembly facility in

19 Nov 2024 10:15 am
Govt To Extend Hardware Import Authorisation Regime Till 2025-End: MeitY Secy

Ministry of Electronics and Information Technology (MeitY) Secretary S Krishnan has reportedly said that the Centre plans to extend the

19 Nov 2024 9:21 am
SEBI Bars 3 Unregistered Online Platforms From Selling NCDs

The Securities and Exchange Board of India (SEBI) has barred three online platforms, namely altGraaf, Tap Invest and Stable Investments,

19 Nov 2024 9:19 am
Ex-World Bank Executive Floats INR 300 Cr VC Fund

Former World Bank executive Sayan Ghosh has floated a new INR 300 Cr (about $36 Mn) venture capital (VC) fund,

19 Nov 2024 9:00 am
BCCI Moves NCLT To Withdraw Insolvency Plea Against BYJUS

The Board of Cricket Council for Cricket in India (BCCI) has moved an application before the National Company Law Tribunal

18 Nov 2024 10:02 pm
Exclusive: Biryani By Kilo Raises $2 Mn From Pulsar Capital

Cloud kitchen startup Biryani By Kilo has raised about $2 Mn (INR 16.5 Cr) from Dubai-based investment firm Pulsar Capital,

18 Nov 2024 9:56 pm
WhatsApp Privacy Policy: CCI Slaps INR 213 Cr Penalty On Meta

In a major blow to WhatsApp, the Competition Commission of India (CCI) has slapped a penalty of INR 213.14 Cr

18 Nov 2024 9:39 pm
Navi Overtakes CRED To Become Fourth Largest UPI Player

Sachin Bansal-led fintech unicorn Navi has surpassed CRED to emerge as Indias fourth largest UPI player in October, with the

18 Nov 2024 4:41 pm
FirstCry Shares Rally Despite Fresh Legal Troubles

In a fresh bout of troubles, kids-focused omnichannel retailer FirstCrys parent BrainBees Ltd intimated the bourses that it has now

18 Nov 2024 3:36 pm
Geospatial Startup Matrix Geo Secures Pre-IPO Funding

Drone and spacetech-based geospatial startup Matrix Geo Solutions has bagged close to $1 Mn (around INR 10 Cr) in its

18 Nov 2024 3:18 pm
HealthKart Bags $153 Mn From ChrysCapital, Motilal Oswal Alternates

Healthtech startup HealthKart has raised $153 Mn (INR 1,291 Cr) in a funding round co-led by venture capital (VC) firm

18 Nov 2024 3:07 pm
After Sellers, ED Shifts Probe Into Amazon & Flipkart Vendors

After sellers, the Enforcement Directorate (ED) has now shifted its focus to investigating into ecommerce players Amazon and Flipkart and

18 Nov 2024 10:38 am
Govt Working On Voluntary Codes Of Conduct For AI Companies

The Ministry of Electronics and Information Technology is reportedly working on voluntary codes of conduct and ethics for companies to

18 Nov 2024 10:24 am
Tata Electronics To Buy Majority Stake In Pegatrons TN iPhone Plant

Tata Electronics is reportedly acquiring a majority stake in Taiwanese electronics major Pegatrons iPhone unit in Tamil Nadu, bolstering its

18 Nov 2024 10:14 am
New-Age Tech Stocks Bleed This Week As Correction Continues In Broader Market

Weak financials of companies in the second quarter of the fiscal year 2024-25 (FY25) and continuing FII outflow resulted in

17 Nov 2024 10:30 am
Zomato Rolls Out District App For Android, iPhone Users

Foodtech major Zomato has rolled out the District app for its going-out business on both Apples iOS and android platforms,

16 Nov 2024 4:24 pm
EaseMyTrip To Acquire 49% Stake In Planet Education For INR 39 Cr

Continuing its business diversification spree, online travel aggregator (OTA) EaseMyTrip (EMT) said it is acquiring a 49% stake in Australia-based

15 Nov 2024 10:27 pm
Decoding Indias $70 Bn+ SaaS Opportunity: The Shift From Horizontal To Vertical SaaS

Indias digital landscape is on the cusp of a massive expansion, with active internet users projected to breach 900 Mn

15 Nov 2024 4:40 pm
Zepto Eyes $300 Mn Funding As Quick Commerce Battle Intensifies

Quick commerce major Zepto is reportedly looking to raise $300 Mn (INR 2,532.7 Cr) from domestic investors, doubling its earlier

15 Nov 2024 3:55 pm
Nazara, Nikhil Kamaths WTFund Commit Investment In Two Gaming Startups

Gaming major Nazara Technologies and Zerodha cofounder Nikhil Kamaths WTFund have jointly committed a total investment of INR 2 Cr

15 Nov 2024 3:08 pm
boAT Onboards Three Bankers For $300-500 Mn IPO

Audio products and smartwatch maker boAt has reportedly finalised a host of bankers for a $300-500 Mn initial public offering

15 Nov 2024 10:18 am
Zomato To Launch INR 8,500 Cr QIP In December

Foodtech giant Zomato is reportedly looking to launch its INR 8,500 Cr qualified institutional placement (QIP) in December, depending on

14 Nov 2024 9:40 pm
Nazaras Q2 Profit Slumps 33% YoY To INR 16 Cr

Gaming major Nazara Technologies reported a consolidated net profit of INR 16.24 Cr in the September quarter of the ongoing

14 Nov 2024 9:01 pm
Honasa Slips Into The Red, Posts INR 19 Cr Loss In Q2

D2C brand Mamaearths parent Honasa Consumer slipped into the red in the quarter ended September 2024 (Q2 FY25), posting a

14 Nov 2024 4:23 pm
SarvaGram Bags INR 565 Cr To Expand Its Lending Play

Just over two months after it was reported that Mumbai-based SarvaGram is in discussions to raise a fresh funding, the

14 Nov 2024 4:11 pm
Zoomcar Cuts Q2 Loss To $3.35 Mn, Revenue Dips 17% YoY

Nasdaq-listed self-driving car marketplace Zoomcar trimmed its consolidated net loss by 72.9% to $3.35 Mn in the September quarter of

14 Nov 2024 3:38 pm
Trouble Mounts For Ola Electric As CCPA Launches Consumer Complaint Probe

The Central Consumer Protection Authority (CCPA) has launched a detailed investigation into numerous consumer complaints filed against electric vehicle manufacturer

14 Nov 2024 3:27 pm
Rapido FY24: Losses Decline 45% YoY To INR 370 Cr

On the back of cost cutting measures across the board, ride hailing giant Rapido trimmed its losses by more than

14 Nov 2024 3:07 pm
Yudiz Shares Drop 5% To Hit Lower Circuit After Weak H1 Results

Shares of Yudiz Solutions plunged as much as 5% to hit the lower price band of INR 70.30 apiece during

14 Nov 2024 3:04 pm
Pavestone VC Closes Maiden Fund At INR 816 Cr

Hyderabad-based venture capital firm Pavestone VC, which counts E42, NewSpace Research & Technologies, LivNSense and Bellatrix Aerospace among its portfolio

14 Nov 2024 10:37 am
Yali Capitals Gani On Building A Deeptech Investment Thesis For India

As Indias deeptech story unfolds rapidly, venture capital players are evolving their models and thesis to this segment which has

14 Nov 2024 9:00 am