The new funding will be used to enhancing KisanKonnect's tech infrastructure, scaling operations, expanding its presence in urban markets, and integrating AI into farm sourcing and supply chain processes to boost efficiency.

The IPO comprises a fresh issue of equity shares aggregating up to Rs 600 crore and an Offer-for-Sale (OFS) of equity shares worth Rs 2,200 crore by the investor and individual selling shareholders, according to the draft red herring prospectus (DRHP) filed on Saturday.

The funds will be deployed to scale the platform globally, expand the team, and develop new product features to address the growing demand for efficient compliance management solutions.

Cuein was co-founded in 2021 by Mayukh Bhaowal and Vignesh Ganapathy. Headquartered in Belmont, California, the company is backed by Lightspeed Venture Partners, Khosla Ventures, and Webb Investment Network.

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The company plans to use the raised capital to accelerate organic growth, strategic acquisitions, and expansion into new markets.

The funding round was led by prominent backers, including the Sunil Singhania Family Office, NAV Capital, Mr. Raman Roy (Co-founder of Indian Angel Network and CMD of Quatrro), Dharmendra Jain (CFO of Yash Technologies), Gaurav Singhvi (Co-founder of Wefounder

The Deepender Goyal-led company reported a profit of Rs 59 crore for Q3 of the fiscal year 2025, a decline of 57.24% compared to Rs 138 crore in the same quarter of the previous financial year.

Priority Sector Lenders Association of India (PSLAI) aims to double credit disbursements to the SME/MSME sector in the coming years.

The round also saw participation from IAN Alpha Fund and angel investors Samir Kalia, Deepank Kumar, and Nitin Zamre.

The companies aim to enhance financial access in rural and semi-urban areas in India and an inclusive and innovative financial ecosystem.

With the fresh capital, the company is set to double its restaurant footprint in 15 months, with a goal of 24 locations by FY26.

The fintech major will initially invest up to Rs 20 crore ($2.4 million) per subsidiary.

Wipro on Friday topped street expectations with a 24.4% year-on-year rise in consolidated net profit for the December quarter at Rs 3,354 crore, as the top brass of India's fourth-largest IT services company guided for a more hopeful and resilient 2025.

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BrightCHAMPS said that the acquisition aims to enforce stricter customer acquisition standards, with Edjusts founders planning to refine the sales model and expand parent networks across the 30 geographies the company operates in.

The funds will be allocated to expand the brands online and offline presence nationwide, primarily serving Indian women.

The capital raised will be used for product development and working capital management. ProcureYard plans to leverage its custom-built conversational AI platform which drove success in metals and replicate it to other raw materials.

The fintech company reported a 36% year-on-year decline in revenue from operations for the third quarter of FY25 at Rs 1,827.8 crore.

Addressing a conference of construction equipment manufacturers, Commerce Secretary Sunil Barthwal said, in the process of energy transition, there will be a demand for adopting technologies that have net-zero carbon emission.

Founded by father-son duo Abhishek Gupta and Dhruv Gupta in November last year, Khoji.in acts as an AI-powered one-click missing person identification system and has partnered with DigiLocker for quick identity verification.

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Every year, thousands of children go missing in India. Now, police departments and NGOs are partnering with AI startups to reunite families and solve crimesoffering hope when it seemed like there was none.

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Share of four-wheeler EVs is expected to grow in the range of 15-17% by FY30 from 2.2% in FY24

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Rapido is also looking to enter new states including Punjab, Haryana, Uttar Pradesh, Uttarakhand and others, it said at the Bharat Mobility Expo 2025.

The Maha Kumbh 2025 offers snapshots of penance, perseverance, and unwavering faith. Copenhagens waterways offer an unusual vantage point to the citys history and culture. Cajsa delivers classic cuisines from across the globe with an emphasis on simplicity.

The rise of electric vehicles (EVs) is pivotal in shaping transportation policies, influencing urban development decisions, and improving infrastructural design quality.

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With the completion of this cohort, the firm now has a total of 180 investments since the launch of the fund in 2019.

The Vijay Shekhar Sharma-led company has approved at least three rounds of ESOPs in recent months.

The allotment comes two months after the company lost its unicorn status amid media reports of credit backlog and unsold stock.

In this photo essay series from Goa, we showcase stunning highlights from the Serendipity Arts Festivals ninth edition, along with creator insights.

Several brands in the D2C beauty and personal care segment are exploring strategic options, including Wow Skin Science, which is reportedly seeking buyers at $250 million, down from its previous $400 million valuation.

The Gurugram-based startup, which sells refurbished smartphones and laptops, promises topnotch quality and performance at affordable prices.

The Indian startup ecosystem is witnessing a steady increase in venture capital funding with the early stage segment leading the way.

The latest infusion comes after Zomato raised Rs 8,500 crore through a Qualified Institutions Placement (QIP) in November 2024.

The announcement comes days after a joint statement from the US, South Korea, and Japan governments, which attributes the cyberattack to North Korean hackers.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Friday, Jan 17, 2024.

The acquisition expands MoEVing fleet by 30% and strengthens expansion into cities including Delhi-NCR, Bengaluru, and Hyderabad.

In a groundbreaking move for climate action, tech giant Google has inked its largest biochar carbon removal agreement to date with Indian start-up Varaha.

Zepto's revenue for FY24 increased by two-fold to Rs 4,454 crore, from Rs 2,025 crore earned in the previous fiscal year.

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The Mumbai-based company, without revealing the name of the target firm, stated that the acquisition will help expand its global presence and service portfolio.