Category: Startups
agilitas sports: Virat Kohli’s stake in Agilitas Sports rises to 6.4% after One8 merger
Bengaluru: Cricketer Virat Kohli’s stake in Agilitas Sports has increased to 6.4% from 1.8%, following the merger of his sportswear brand One8 with the Bengaluru-based…
Meesho: Meesho sees near-term margin pressure as it reinvests in growth
Meesho’s improving unit economics may face a near-term reversal as the ecommerce platform steps up investments to drive growth during the festive season.The value commerce…
Dashverse: Dashverse shuts DashReels, seeks $40m for AI push
Peak XV Partners-backed Dashverse has discontinued its consumer microdrama platform, DashReels, and is looking to raise $30-40 million as it shifts its focus to selling…
India’s deeptech dream remain import dependent for critical components
Bengaluru: Indian deeptech companies remain heavily dependent on imports for critical components such as chips, battery cells, rare-earth magnets and specialised materials, with geopolitical tensions…
Freshworks acquires AI startup Robusta to strengthen IT operations platform
Software-as-a-service company Freshworks has acquired Israel-based Robusta, an AI startup that helps companies identify the causes of technology outages and recommend fixes, as it looks…
Meesho: Indian e-commerce player Meesho’s quarterly loss shrinks on rising orders
Indian online marketplace Meesho reported a narrower second-quarter loss on Wednesday, aided by rising orders and higher income from sellers paying to advertise on its…
Meesho: Meesho expects stronger Q3 growth due to change in festive sale timeline
Value ecommerce platform Meesho expects stronger year-on-year (YoY) growth in the December quarter due to a shift in the timeline of its festive sale event,…
IIT Kanpur: Ixigo co-founder Rajnish Kumar launches Rs 1 cr fund for IIT Kanpur startups
Mumbai: ixigo co-founder and Group co-CEO Rajnish Kumar on Wednesday launched the Made in Fire Fund, a Rs 1-crore initiative to support graduating IIT Kanpur…
Meesho Q2: Brokerages expect sustained revenue growth; profitability in focus as festive spending rises
Meesho is expected to report strong revenue growth in the July-September quarter, with brokerages forecasting a 32-34% year-on-year (YoY) increase in operating revenue to around…
Cognizant Sarvam investment: Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sources
Nasdaq-listed software services company Cognizant Technology Solutions is in talks to participate in Sarvam’s latest financing round, which is expected to value the Indian artificial…