Category: Startups

Go Digit Q3 net profit rises 18% to Rs 140 crore on premium growth
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Go Digit Q3 net profit rises 18% to Rs 140 crore on premium growth

New-age insurance startup Go Digit General Insurance reported an 18% year-on-year (YoY) rise in net profit for the December quarter, driven by growth in gross…

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Urban Ladder founder launches AC startup Optimist; raises $12 million from Accel, Arkam Ventures, others
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Urban Ladder founder launches AC startup Optimist; raises $12 million from Accel, Arkam Ventures, others

Air conditioning company Optimist, launched by Urban Ladder cofounder Ashish Goel, has raised $12 million in a funding round led by Accel and Arkam Ventures….

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Founders, investors see paper gains shrink as Amagi lists at 12% discount
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Founders, investors see paper gains shrink as Amagi lists at 12% discount

Early backers and founders of Amagi Media Labs, a software-as-a-service (SaaS) company that provides cloud-based technology for video streaming and advertising, saw their paper gains…

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Rapido FY25 revenue jumps 44% to Rs 934 crore, loss narrows 30% to Rs 258 crore
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Rapido FY25 revenue jumps 44% to Rs 934 crore, loss narrows 30% to Rs 258 crore

Ride-hailing platform Rapido’s operating revenue for fiscal year 2025 surged 44% to Rs 934 crore, while its losses narrowed substantially, according to financials filed with…

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Amagi Media Labs shares list at 12% discount to IPO price on BSE, NSE
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Amagi Media Labs shares list at 12% discount to IPO price on BSE, NSE

Amagi Media Labs made a lacklustre debut on Wednesday, listing at a 12% discount to its issue price on the bourses. The stock opened at…

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US-based voice AI startup Cartesia to launch operations in India: CEO Karan Goel
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US-based voice AI startup Cartesia to launch operations in India: CEO Karan Goel

San Francisco -based startup Cartesia, which builds real-time voice AI agents that allow users to interact with minimal latency, is opening shop in India. “India…

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Portuguese tech companies meet Karnataka startups to explore AI, robotics partnerships
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Portuguese tech companies meet Karnataka startups to explore AI, robotics partnerships

Portuguese technology companies met Karnataka-based startups in Bengaluru on Tuesday to discuss partnerships in manufacturing, artificial intelligence (AI), robotics, cybersecurity, and consumer-focussed tech. The interaction…

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Everstone-backed Wingify merges with AB Tasty to create $500 million SaaS firm
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Everstone-backed Wingify merges with AB Tasty to create $500 million SaaS firm

Software company Wingify, which was bought by private equity investor Everstone Capital last year, is merging with Paris-based peer AB Tasty in a deal that…

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VC firm Avaana Capital appoints Vikas Verma as partner, promotes Shruti Srivastava
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VC firm Avaana Capital appoints Vikas Verma as partner, promotes Shruti Srivastava

Climate-focused venture capital fund Avaana Capital, which is looking to scale up its investments in deeptech, has appointed Vikas Verma as Partner and elevated Shruti…

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Ola Electric Mobility shares tank 7%, down for 10th consecutive session. What’s triggering the fall today?
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Ola Electric Mobility shares tank 7%, down for 10th consecutive session. What’s triggering the fall today?

Shares of pure-play EV major Ola Electric Mobility slipped as much as 7% to their day’s low of Rs 33.50 on Tuesday after the resignation…

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