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Startups / inc42

How AI Is Supercharging Indias Intermediaries

Threes not a crowd, its a party in Indias economy Finding a house in India? Thats a three-party deal. Booking

25 May 2025 9:00 am
SC Stays INR 5,712 Cr GST Notice Against Paytms First Games

In a major relief for Paytm, the Supreme Court (SC) has stayed INR 5,712 Cr GST notice issued against the

24 May 2025 9:37 pm
How India Can Build A Self-Reliant Drone Manufacturing Ecosystem

From leisure and hobby to strategic applications in agriculture and defence, the use of drones has expanded manifold in India

24 May 2025 9:00 am
IndiaAI Mission: All 7 Shortlisted Companies Clear Technical Round For GPU Tender

Days after getting shortlisted for the second round of GPU tender under the IndiaAI Mission, all the seven companies have

23 May 2025 3:28 pm
Stable Money To Raise INR 173 Cr In Fresh Funding Round

Bengaluru-based fintech startup Stable Money is set to raise INR 173 Cr ($20 Mn) in a fresh funding round led

23 May 2025 3:17 pm
PM E-DRIVE: Govt To Provide 10,900 Electric Buses To Delhi, Other Cities

As the government steps up efforts to incentivise the adoption of electric buses to promote green mobility and reduce emissions,

23 May 2025 2:33 pm
Exclusive: WestBridge-Backed Otipy Shuts Operations Amid Cash Crunch

Delhi NCR-based Otipy shut its operations last week, people close to the matter informed Inc42. The farm-to-fork vegetable provider brought

23 May 2025 2:25 pm
Aakash Accuses EY India Of Conflict Of Interest In BYJUS Dispute

Amid the ongoing rumblings at BYJUS, Aakash Educational Services (AESL) has now reportedly accused EY India of conflict of interest

23 May 2025 9:42 am
Govt To Build Super App For Electric Vehicle Users

The Union government has set in motion plans for building a super app for electric vehicle (EV) users in the

23 May 2025 9:23 am
Honasas Lacklustre Q4, Ola Electric Eyes INR 1,700 Cr & More

Honasas Not-So-Decorated Q4 Results The fourth quarter turned out to be a mixed bag for Honasa. The listed D2C unicorn

23 May 2025 8:00 am
[Update] After Uber, CCPA Probing Ola & Rapido Over Advance Tip

Update| May 23, 02:06 AM IST A day after the Central Consumer Protection Authority (CCPA) issued a notice to ride-hailing

23 May 2025 2:06 am
Streaming Veteran Viniit Mehta Floats $10 Mn Fund To Back Media & Gaming Startups

Drawing on his wealth of experience in the entertainment space, former Brightcove country head Viniit Mehta has floated a new

23 May 2025 2:03 am
Ola Electric Gets Board Nod To Raise INR 1,700 Cr Debt

EV major Ola Electrics board has approved a proposal to raise up to INR 1,700 Cr debt via non-convertible debentures

22 May 2025 8:53 pm
Roposo Cofounders Hyperlocal Community Startup Shuru Bags INR 29 Cr

Indore-based Shuru, a hyperlocal community app launched by Roposo cofounder Mayank Bhangadia, has raised INR 29 Cr (around $3.37 Mn)

22 May 2025 7:53 pm
Exclusive: Avanse Strengthens Board Ahead Of IPO, Appoints New Independent Director

Education loan-focussed NBFC Avanse Financial Services has appointed former Bajaj Finserv COO Rakesh Bhatt as an independent director of the

22 May 2025 3:06 pm
Zeno Health Rolls Out Platform To Support Early Stage Healthcare Startups

Lightbox-backed Zeno Health (erstwhile Generico) has launched a platform to incubate and support early stage healthcare startups. The platform, Pay

22 May 2025 3:04 pm
Ullus Rise In Indias Untamed OTT Underworld, Pine Labs Turns Public & More

Ullus Rise In Indias Untamed OTT Underworld The Indian OTT space may be a tough nut to crack for many,

22 May 2025 8:00 am
IREDA Moves Debt Recovery Tribunal To Recover INR 729 Cr From Gensol

After filing an insolvency plea against Gensol Engineering, the Indian Renewable Energy Development Agency (IREDA) has now approached the Delhi

21 May 2025 9:27 pm
Pine Labs Converts Into Public Entity In Run-Up To IPO

In preparation for its initial public offering (IPO), fintech unicorn Pine Labs has converted into a public company. Shareholders of

21 May 2025 2:01 pm
MobiKwiks Sombre Q4, Nazaras Acquisition Spree & More

Staganation Bites MobiKwiks Q4 MobiKwik has reported a sombre Q4 FY25. The fintech majors net loss zoomed 83.5X YoY to

21 May 2025 8:00 am
PaySprint To Raise $3 Mn To Expand Financial API Solutions For Businesses

B2B fintech startup PaySprint today said it will be raising $3 Mn (around INR 25.7 Cr) in its Series A

20 May 2025 3:43 pm
Mahadev Betting App Scam: EaseMyTrip Founder Nishant Pitti Under ED Radar

A month after EaseMyTrip publicly denied any association with the Mahadev app or any other betting platform, the Enforcement Directorate

20 May 2025 3:22 pm
SC Questions Centres Delay In Crypto Regulation

The Supreme Court has reportedly questioned the central governments delay in formulating cryptocurrency regulations, highlighting concerns over its economic implications.

20 May 2025 2:53 pm
Consumer Court Directs Amazon To Pay INR 40K For Not Delivering INR 100 Rakhi

A Mumbai consumer dispute redressal tribunal has directed ecommerce major Amazon to pay a compensation of INR 40,000, inclusive of

20 May 2025 9:07 am
Miraggio Nets INR 55 Cr To Build Omnichannel Play In Non-Metros

D2C lifestyle brand Miraggio has raised INR 55 Cr ($6.5 Mn) in its Series A funding round led by RPSG

20 May 2025 8:00 am
Myntra Unpacks Its Global Dreams, Shiprockets INR 2,500 Cr IPO & More

Myntra Unpacks Its Global Dreams Marking its first international foray, the fashion ecommerce marketplace has launched its operations in Singapore.

20 May 2025 8:00 am
After Students, Swiggy Targets Professionals With Corporate Rewards Programme

Days after launching a new initiative to woo students, listed foodtech major Swiggy has launched a corporate rewards programme to

20 May 2025 2:31 am
Elevation Capital Offloads ixigo Shares Worth INR 38.27 Cr

VC firm Elevation Capital, formerly SAIF Partners India, has offloaded more than 21.5 Lakh shares of online travel aggregator (OTA)

19 May 2025 9:41 pm
Uber Users Can Now Buy Delhi Metro Tickets Within The App

Ride-hailing major Uber has partnered with the state-backed Open Network for Digital Commerce (ONDC) to offer metro ticketing facility through

19 May 2025 8:46 pm
Delhivery Shares Rally 15% After Q4 Results

Shares of logistics giant Delhivery soared 14.6% to INR 367.90 apiece during the intraday trading session on the BSE today,

19 May 2025 2:16 pm
ProcMart Elevates Finance & Strategy Head Sachin Jain To Cofounder

B2B-focussed procurement marketplace ProcMart has elevated its finance and strategy head Sachin Jain to the position of cofounder. In his

19 May 2025 1:53 pm
BYJUS Vs Lenders, New-Age Tech Stocks Rebound & More

Byju Raveendran Bares It All For the first time since BYJUS was thrust into turmoil three years ago, cofounder Byju

19 May 2025 8:00 am
Josh, DailyHunt Parent VerSe Innovation Lays Off 350 Employees

VerSe Innovation, the parent of DailyHunt and Josh, has laid off nearly 350 employees as part of a broader strategic

18 May 2025 2:04 am
Fyn Mobility Bags $2.5 Mn To Expand Its EV Fleet

EV startup Fyn Mobility has raised $2.5 Mn (around INR 21 Cr) in an undisclosed funding round led by a

17 May 2025 3:39 pm
Foxconn To Soon Start iPhones Shipment From New Karnataka Unit

Apples contract manufacturer Foxconn will soon kick off shipments of iPhones from its new plant in Karnataka. An ET report

17 May 2025 2:04 pm
Swiggy Piloting Student Rewards Initiative In 200+ Cities

Foodtech major Swiggy has said that it is piloting a student rewards programme in more than 200 cities across India.

17 May 2025 9:17 am
Skill Ministry Launches AI Chatbot For Upskilling In Partnership With Meta, SarvamAI

The Union skill development ministry (MSDE) has launched an AI chatbot on WhatsApp, in partnership with social media giant Meta

17 May 2025 2:08 am
Groww To Acquire Wealthtech Startup Fisdom

IPO-bound investment tech unicorn Groww has signed a definitive agreement to acquire wealthtech startup Fisdom in an all-cash deal, sources

16 May 2025 9:11 pm
PURE Partners Charge Power To Sell Energy Storage Solutions In US & Canada

EV maker and energy solutions startup PURE, formerly PURE EV, has entered into a strategic partnership with Charge Power Inc

16 May 2025 8:33 pm
The Trump Shadow On Apple In India, leap.club To Shut Shop & More

Can Trump Sour Apples India Story? After coming to a 90-day agreement on tariffs for China, US President Donald Trump

16 May 2025 8:00 am
PB Fintech Q4: Profit Zooms About 3X To INR 171 Cr

Fintech major PB Fintechs consolidated profit after tax (PAT) zoomed 2.8X to INR 170.7 Cr in Q4 FY25 from INR

15 May 2025 9:30 pm
GIC Seeks CCI Approval To Acquire 2.14% Stake In IPO-Bound Groww

Singapores sovereign wealth fund GIC has sought the Competition Commission of Indias (CCI) approval to acquire over 2% stake in

15 May 2025 8:52 pm
DPIIT Approves 187 Startups For I-T Exemptions; 3,700 Granted To Date

The Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for tax exemptions under the revised

15 May 2025 8:28 pm
We Are Not Interested In You Building In India: Trump To Apple CEO

Escalating the ongoing tariff war, US president Donald Trump has reportedly asked Apple CEO Tim Cook to stop building manufacturing

15 May 2025 3:16 pm
Meta Expands India Head Sandhya Devanathans Role To Include Southeast Asia

Metas vice president for India, Sandhya Devanathan, will be taking on additional responsibilities to lead the companys Southeast Asia operations.

15 May 2025 2:52 pm
Groww Pays INR 48 Lakh To Settle Case With SEBI Over Security Lapses

Investment tech startup Groww has paid INR 47.85 Lakh to settle a case with SEBI that accused the IPO-bound company

15 May 2025 2:11 pm
Karnataka Plans To Launch Gig Fund By August: Report

The Karnataka government is reportedly planning to roll out the gig workers welfare fund in August. This move is part

15 May 2025 1:57 pm
Eye On MENA Expansion: CoinDCX Launches BitOasis In Bahrain

Homegrown crypto exchange CoinDCX has expanded its presence in the Middle East and North Africa (MENA) region with the launch

15 May 2025 9:46 am
Can Lab-Grown Diamonds & Omnichannel Route Power 39-Year Old Kalamandirs Next Growth Engine?

Four Cs carat, cut, colour, and clarity have been the age-old criteria for choosing diamonds. Now, theres another

15 May 2025 9:45 am
Former X India Heads VC Firm Floats $100 Mn Fund To Back Indo-US Startups

Former X India head Manish Maheshwaris venture capital (VC) firm, BAT VC, has announced its India foray with the launch

15 May 2025 9:39 am