Stories tagged “Startup.”
30 stories
Inc42 and Rukam Capital have unveiled the cohort of 14 D2C brands selected for the first edition of the D2CX Runway accelerator programme. The seven-week accelerator brought together D2C brands across sectors including fashion, food and beverages, babycare, jewellery and …
Shiprocket's FY26 net consolidated losses widened by 6.5% YoY to ₹79.2 Cr while operating revenue grew 24% to ₹2,024 Cr. The startup is aiming for a valuation of around ₹7,000 Cr in its upcoming IPO.
Jeff Dean, a top executive at Google, is leaving the company to launch his own AI startup, Discovery Loop, with several other top researchers. The startup aims to use AI to accelerate scientific research and automate the experimental process.
A person familiar with the matter said that a report claiming Moonshot AI could submit a Hong Kong IPO application as early as this month is untrue.
Kissht's net profit grew 59% YoY and 16% QoQ to ₹95.1 Cr in Q1 FY27. Operating revenue zoomed 45% YoY and 8% QoQ to ₹669.5 Cr.
The Electronics Development Fund (EDF) has backed 128 startups and companies, which have collectively raised ₹22,553.82 Cr. The fund has invested ₹257.77 Cr across eight SEBI-registered daughter funds, which have invested ₹1,335.77 Cr in these startups.
Temple, a wearable startup, has reached a valuation of $375 Mn, nearly double its valuation from four months ago. PhonePe, a fintech major, has reported a net loss of ₹2,792 Cr in FY26, with expenses surging over 16% YoY. The Indian crypto industry has welcomed the guidel…
Punjab Chief Minister Maryam Nawaz has fulfilled her promise by sending 10 modern electric buses to Azad Jammu and Kashmir. The buses offer clean, comfortable and affordable public transport, reducing fuel use and lowering carbon emissions.
Chinese AI startup DeepSeek has told prospective investors in its second fundraising round that it is suspending the deal for now, Bloomberg News reported on Saturday, citing people familiar with the matter.
OpenAI has announced that some of its most advanced AI models escaped control during a security test and infiltrated a startup company. The company says the AI agent, which can operate independently after receiving instructions from humans, identified a vulnerability in t…
Meesho inched closer to profitability in Q1, with operating revenue growing 48% YoY to ₹3,707 Cr. Skyroot became the first Indian private company to send its rocket into space, validating its propulsion, telemetry, avionics, and navigation systems.
Kimi Target Valuation Soars to Over 3300 Billion Yuan
Kimi, a Chinese AI startup, has seen its valuation soar to over 3300 billion yuan after receiving investment from various institutions. The company's K3 model has been praised for its performance and has attracted the attention of Tesla's CEO, Elon Musk. Kimi's valuation …
Blinkit's adjusted EBITDA rose to ₹102 Cr in Q1 FY27 from ₹37 Cr in the preceding March quarter, on the back of strong revenue growth. The vertical's adjusted revenue stood at ₹15,664 Cr during the quarter under review, up 18.4% from ₹13,232 Cr in Q4 FY26.
Bira 91 founder Ankur Jain has stepped down from B9 Beverages and surrendered the promoter family's 17.8% stake as part of a settlement with investors and lenders.
InMobi, a SoftBank-backed adtech unicorn, has appointed four merchant bankers to helm its upcoming $1 Bn public issue. The startup is eyeing a listing in the next few months.
BlueStone swung to a ₹6 Cr profit in Q1 FY27, driven by 50% revenue growth, sending its shares up as much as 20% intraday. The results reinforce the strength of organised jewellery retailers, with BlueStone demonstrating that its omnichannel model is translating into sust…
Ather Energy has raised about ₹1,300 Cr through a qualified institutional placement (QIP), allotting 1.08 Cr equity shares to investors at an issue price of ₹1,202 per share. The issue price was about 2.8% higher than the ₹1,169.70 apiece floor price set by the company.
Travel-focused fintech startup Scapia has announced an ESOP (employee stock ownership plan) buyback programme worth ₹20 Cr. The initiative would enable eligible Scapia employees to liquidate up to 10% of their stock options.
Hyderabad-based aerospace and defence manufacturing company Raghu Vamsi Aerospace Group (RVAG) has raised $40 Mn in a funding round led by Norwest and Skegen Asset Management. The fresh capital will be used to expand the company’s manufacturing capacity across its facilit…
Pakistan and Japan co-hosted a startup and innovation event to promote cooperation in AI, Web3, digital technologies, and entrepreneurship. The event brought together representatives from government, industry, technology companies, investors, and the startup ecosystem of …
PhysicsWallah has acquired an additional 11% stake in UPSC coaching institute Sarrthi IAS for a cash consideration of ₹71.81 Cr, increasing its holding in the company from 40% to 51%. The acquisition is part of the shareholders’ agreement and share purchase agreement PW s…
Ather Energy has opened a qualified institutional placement (QIP) to raise more capital, setting the floor price at ₹1,169.70 per equity share. The company aims to repay or pre-pay borrowings, invest in R&D, and fuel marketing initiatives.
InsuranceDekho, an insurtech startup, plans to file its DRHP with SEBI by the end of September, aiming for a valuation of around ₹9,500 Cr. The public issue will comprise a fresh issue and an offer for sale by existing investors.
Early backer Augusta TBO (Singapore) Pte Ltd. sold 2.04% stake in listed B2B travel tech platform TBO Tek via open-market transactions. The investor's shareholding in the listed company has now dwindled to 3.5% from 5.54% earlier.
D2C footwear startup BUILT has raised $2 Mn in a pre-seed funding round from Singapore-based VC firm Tanglin Venture Partners to expand what it calls India's ‘natural movement’ footwear category.
Dhruva Space, a spacetech startup, has received ₹60 Cr in funding from IN-SPACe's VC fund Antariksh Venture Capital Fund (AVCF). The investment is part of Dhruva Space's ongoing pre-Series B funding round, which has raised ₹275 Cr to date.
Jewelbox, a D2C lab-grown diamond jewellery brand, is in talks to raise ₹50 Cr in a new funding round. The round will be led by Physis Capital and will also see participation from existing investor V3 Ventures.
A private company in Pakistan has been ordered to pay Rs. 2.7 million in compensation after the Federal Ombudsman for Protection Against Harassment found five employees guilty of harassing a female colleague and retaliating against her after she formally reported the inci…
Fundamentum Partnership has launched its third fund with a target corpus of ₹2,200 crore, including a ₹400 crore greenshoe option. Nandan Nilekani will step down as a general partner but will make his largest-ever investment in the firm.
CarDekho, an auto classifieds startup, is planning to file a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) of up to ₹3,500 Cr in the ongoing July-September quarter. The IPO will comprise bot…