Startups / inc42
The Telangana Gig and Platform Workers Union (TGPWU) has reportedly urged roll out of a government-run ride hailing app. As
SaaS marketplace NowPurchase has completed its first-ever employee stock option plan (ESOP) buyback. Naman Shah, founder and chief executive of
In an effort to diversify its product offerings, Flipkart-backed fintech startup super.money has announced the launch of a new fixed
As BlackBuck moves toward its public listing, the returns for its shareholders present a mixed bag. While early investors like
Indias direct-to-consumer (D2C) market, which is projected to reach $300 Bn by 2030, has grown exponentially in the last few
SoftBank-backed B2B marketplace OfBusiness has reportedly roped in five banks for its up to $1 Bn initial public offering (IPO)
Foodtech major Zomato continued to reign supreme in the food delivery segment with a 58% market share in the June
Digital payments solution startup Innoviti Technologies has roped in fintech veteran Nish Kotecha to its advisory board. The appointment comes
At a time when several governments have been introducing new initiatives and pumping up investments to back startups, the West
Advisor to the Prime Minister, Tarun Kapoor, has reportedly underscored the need to lower goods and services tax (GST) on
Telecom Regulatory Authority of India (TRAI) chairman Anil Kumar Lahoti has reportedly said that the regulator will likely release its
The Securities and Exchange Board of India (SEBI) has floated a consultation paper seeking comments on revamping the listing framework
US-based retail major Walmart reported a 8% year-on-year (YoY) growth in its international sales to $30.3 Bn in Q3 FY25
Shares of CarTrade rallied more than 13% to reach a fresh 52-week high at INR 1,336.40 apiece on the BSE
Foodtech major Zomato reportedly expects its core delivery business to grow at an annual rate of 30% over the next
Listed SaaS company Unicommerce has announced expanding its technology support for beauty and personal care (BPC) startup SUGAR. The BPC
After futures and options trading with zero brokerage, homegrown crypto exchange CoinSwitch has rolled out a new service called SmartInvest
Bengaluru-based startup KOGO AI has rolled out an online AI store to offer advanced AI agents, tools and plugins
Over four months after Foxconn has been alleged of excluding married women from jobs at its iPhone assembly facility in
Ministry of Electronics and Information Technology (MeitY) Secretary S Krishnan has reportedly said that the Centre plans to extend the
The Securities and Exchange Board of India (SEBI) has barred three online platforms, namely altGraaf, Tap Invest and Stable Investments,
Former World Bank executive Sayan Ghosh has floated a new INR 300 Cr (about $36 Mn) venture capital (VC) fund,
The Board of Cricket Council for Cricket in India (BCCI) has moved an application before the National Company Law Tribunal
Cloud kitchen startup Biryani By Kilo has raised about $2 Mn (INR 16.5 Cr) from Dubai-based investment firm Pulsar Capital,
In a major blow to WhatsApp, the Competition Commission of India (CCI) has slapped a penalty of INR 213.14 Cr
Sachin Bansal-led fintech unicorn Navi has surpassed CRED to emerge as Indias fourth largest UPI player in October, with the
In a fresh bout of troubles, kids-focused omnichannel retailer FirstCrys parent BrainBees Ltd intimated the bourses that it has now
Drone and spacetech-based geospatial startup Matrix Geo Solutions has bagged close to $1 Mn (around INR 10 Cr) in its
Healthtech startup HealthKart has raised $153 Mn (INR 1,291 Cr) in a funding round co-led by venture capital (VC) firm
After sellers, the Enforcement Directorate (ED) has now shifted its focus to investigating into ecommerce players Amazon and Flipkart and
The Ministry of Electronics and Information Technology is reportedly working on voluntary codes of conduct and ethics for companies to
Tata Electronics is reportedly acquiring a majority stake in Taiwanese electronics major Pegatrons iPhone unit in Tamil Nadu, bolstering its
Weak financials of companies in the second quarter of the fiscal year 2024-25 (FY25) and continuing FII outflow resulted in
Foodtech major Zomato has rolled out the District app for its going-out business on both Apples iOS and android platforms,
Continuing its business diversification spree, online travel aggregator (OTA) EaseMyTrip (EMT) said it is acquiring a 49% stake in Australia-based
Indias digital landscape is on the cusp of a massive expansion, with active internet users projected to breach 900 Mn
Quick commerce major Zepto is reportedly looking to raise $300 Mn (INR 2,532.7 Cr) from domestic investors, doubling its earlier
Gaming major Nazara Technologies and Zerodha cofounder Nikhil Kamaths WTFund have jointly committed a total investment of INR 2 Cr
Audio products and smartwatch maker boAt has reportedly finalised a host of bankers for a $300-500 Mn initial public offering
Foodtech giant Zomato is reportedly looking to launch its INR 8,500 Cr qualified institutional placement (QIP) in December, depending on
Gaming major Nazara Technologies reported a consolidated net profit of INR 16.24 Cr in the September quarter of the ongoing
D2C brand Mamaearths parent Honasa Consumer slipped into the red in the quarter ended September 2024 (Q2 FY25), posting a
Just over two months after it was reported that Mumbai-based SarvaGram is in discussions to raise a fresh funding, the
Nasdaq-listed self-driving car marketplace Zoomcar trimmed its consolidated net loss by 72.9% to $3.35 Mn in the September quarter of
The Central Consumer Protection Authority (CCPA) has launched a detailed investigation into numerous consumer complaints filed against electric vehicle manufacturer
On the back of cost cutting measures across the board, ride hailing giant Rapido trimmed its losses by more than
Shares of Yudiz Solutions plunged as much as 5% to hit the lower price band of INR 70.30 apiece during
Hyderabad-based venture capital firm Pavestone VC, which counts E42, NewSpace Research & Technologies, LivNSense and Bellatrix Aerospace among its portfolio
As Indias deeptech story unfolds rapidly, venture capital players are evolving their models and thesis to this segment which has