Category: Startups
BigBasket raises Rs 200 crore via debt
Innovative Retail Concepts, the business-to-consumer (B2C) unit of BigBasket, has raised Rs 200 crore in debt from the Singapore-based DBS Bank. The company plans to…
Delhivery launches all-women distribution centre in Kochi
Logistics firm Delhivery on Thursday announced the launch of an all-women distribution centre in Kochi, Kerala, bringing the total number of such facilities across India…
Jeh Aerospace to set up second manufacturing unit in Telangana, plans $50 million investment
Aerospace and defence manufacturing startup Jeh Aerospace on Thursday launched its second manufacturing unit in Telangana and announced plans to invest $50 million (around Rs…
Exclusive: In a major shift, Zomato set to share customer data with restaurants, Swiggy may follow
Food delivery platform Zomato is in final discussions with the National Restaurants Association of India (NRAI) to share its customer data with restaurants, which could…
Zomato set to share customer data with eateries, Swiggy may follow
Food delivery platform Zomato is in final discussions with the National Restaurants Association of India (NRAI) to share its customer data with restaurants, which could…
Karnataka govt unveils 50 startup innovations at Bengaluru Tech Summit
The Karnataka government on Wednesday unveiled 50 innovative products and solutions developed by startups on the second day of the 28th edition of the Bengaluru…
Bengaluru startup launches AI-powered bin to improve waste segregation
A Bengaluru-based startup, AISmart Bin, has introduced an artificial intelligence (AI)-enabled waste segregating bin that can identify and sort garbage with up to 95% accuracy….
Dhan parent Raise Financial acquires algo trading platform Stratzy in cash-and-stock deal
Raise Financial, the parent of online stock trading platform Dhan, has fully acquired Stratzy, an algo-based investing and trading startup, in a cash-and-stock deal valued…
Early Paytm backer Elevation Capital part sells stake in fintech worth Rs 1,556 crore
Venture capital firm Elevation Capital (formerly SAIF Partners) offloaded 1.19 crore shares of Paytm parent One97 Communications worth Rs 1,555.95 crore via a bulk deal,…
Curefit reports 31% increase in revenue in FY25, Ebitda losses narrow
Fitness startup Cultfit’s parent Curefit Healthcare reported a 31% increase in operating revenue to Rs 1,216 crore in FY25, from Rs 927 crore in FY24….