Reliance Industries retail arm Reliance Retail has become the first organised retail chain to start accepting Digital Rupee at its stores.
The company has partnered with Innoviti Technologies, ICICI Bank and Kotak Mahindra Bank to enable acceptance of the...
Freight management SaaS startup Freightify has raised $12 million in a Series A funding round, a mix of equity and debt, led by Sequoia Capital India, with participation from TMV and Alteria Capital as well as existing investors Nordic...
Bike taxi startup Rapido has partnered with RACEnergy, a pioneer in deep technology for battery swapping, to deploy electric autos (E-autos) across the country.
According to the company’s statement, The deployment of e-Autos will begin in Hyderabad and scale to...
Edtech startup Abhinay Maths has raised an undisclosed amount in funding from Classplus, an Indian B2B edtech startup. The startup plans to use the raised capital for expansion and branding to accelerate growth and further increase its reach to...
Paytm’s parent company, One97 Communications (OCL), reported their Q3 FY 2023 results on Friday, announcing that they have reached their goal of operating profitability ahead of schedule. The company’s EBITDA before ESOP cost was reported at 31 crores, with...
Spotify CEO and founder, Daniel Ek, has ventured into the healthcare industry with the launch of Neko Health, a Swedish healthtech company. According to the company’s LinkedIn post, Neko is launched after four years of extensive research and product...
As of December 31, 2022, 791 startups received investments totalling Rs 14,077 crore through the Fund of Funds for Startups (FFS) Scheme and Alternative Investment Funds (AIFs), according to the Minister of State for Commerce and Industry, Som Parkash.
In...
Pocket Aces, a digital entertainment company that owns brands like Dice Media, Filter Copy, Loco, and Gobble, has laid off 50 employees from a total workforce of 200 employees in a bid to reduce costs and achieve profitability.
The development...
Bike Bazaar, a two-wheeler life cycle services company, has secured Rs 82 crore from DEG, a subsidiary of KfW Group, and a Germany-based development finance institution.
With this latest raise, Bike Bazaar closes its Series D funding round with a...
Bengaluru-based digital healthcare firm MediBuddy has acquired the ‘vHealth by Aetna’ business (Indian Health Organisation or IHO) for an undisclosed amount.
‘vHealth by Aetna’ offers subscription-based primary healthcare services such as telehealth consultations, an extensive outpatient network, pharmacy, diagnostics and dental,...
