Category: Startups
Byju Raveendran: Byju’s founder accused of trying to regain firm with hidden cash
The founder of bankrupt Indian tech firm Byju’s tried to use loan proceeds that he allegedly hid from US lenders to secretly buy back a…
Rapido: Rapido to soon launch airport pool taxis to Bengaluru airport
Ride-hailing app Rapido is all set to launch pool taxi services to Bengaluru’s Kempegowda International Airport (KIA) early next year, co-founder of Rapido, Aravind Sanka…
Uber Shuttle: Karnataka Minister Priyank Kharge given demo of Uber Shuttle
IT/BT Minister Priyank Kharge visited the Uber display at the Bengaluru Tech Summit on Wednesday to check out Uber Shuttle, the newest offering in India…
DRDO: Karnataka-DRDO ink pact to support defence startups
The Karnataka government on Wednesday signed a memorandum of understanding (MoU) with the Defence Research and Development Organisation (DRDO) to support defence startups. The partnership…
Third Wave Coffee revenue: Third Wave Coffee posts 67% rise in FY24 revenue, but losses double
Third Wave Coffee posted a 67% increase in operating revenue for the last financial year ended March 31, but the café chain’s loss nearly doubled…
PierSight: PierSight readies ‘Varuna’ for ocean surveillance ops
Spacetech startup PierSight will launch a satellite, its first, that will provide all-weather maritime surveillance to government organisations and shipping companies across the globe. The…
Beyoung: Fashion brand Beyoung partners with ecommerce platform Noon; enters the Middle Eastern market
Fashion brand Beyoung has partnered with e-commerce platform Noon.com to enter into the Middle Eastern market. Launched in 2017, Noon will help the brand enter…
Honasa Consumer: Mamaearth parent loses $415 million in market value as Q2 loss fans demand worries
Indian skincare firm Mamaearth‘s parent Honasa Consumer wiped off nearly Rs 35 billion ($414.7 million) in market valuation in two sessions, after a second-quarter loss…
Zomato: Zomato expects food delivery business to grow 30% annually over 5 years, exec says
Indian food delivery major Zomato expects its key meal delivery business to grow at an annual rate of 30% over the next five years, a…
Honasa Consumer share price: Honasa Consumer shares extend losses for second session, shed 34% in 2 days
Shares of Honasa Consumer, the parent company of Mamaearth, extended losses for the second consecutive session, falling 34% over two days to their 52-week low…