Category: Startups
Groww overtakes Angel One in commodities trading within a year of launch
Wealthtech platform Groww has overtaken Angel One in commodity derivatives trading during the April-June quarter, less than a year after launching the product, as a…
Groww Q1 profit nearly doubles to Rs 735 crore; MTF, commodities gain share
Net profit for April-June quarter nearly doubled for Billionbrains Garage Ventures, which operates wealthtech platform Groww, with a 94% year-on-year increase to Rs 735 crore…
Vibe-coding startup Emergent’s valuation jumps 5x to $1.5 billion in new funding
Vibe-coding startup Emergent has raised $130 million in a funding round led by private equity firm Creaegis, alongside Ranjan Pai’s family office vehicles MNI Ventures…
Delivery Hero confirms negotiations on possible acquisition by Uber
Synopsis Delivery Hero said the potential offer would be made to all of its shareholders and that it would not comment on speculation regarding an…
FICCI launches Family Office Forum to channel $30 billion into startups
New Delhi, Industry body FICCI on Tuesday said it has launched the Family Office Forum, a platform aimed at channelling a growing pool of family…
Ideaforge raises Rs 500 crore via QIP to fund next phase of growth
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through Qualified Institutional Placement (QIP), and it plans to use the proceeds to fund…
InsuranceDekho targets Rs 2,500-3,000 crore IPO, plans September filing
InsuranceDekho is preparing to file its draft red herring prospectus with the Securities and Exchange Board of India by the end of September for an…
Elevation Capital closes $500 million India fund; to back startups building on AI’s app layer
Paytm and Swiggy investor Elevation Capital has raised a $500 million fund to back early-stage startups, betting that the next generation of AI-led companies will…
Avendus set for final close of future leaders Fund-III at Rs 1,800 crore
Financial services firm Avendus Group is set to hit the final close of its third Future Leaders Fund (FLF) at around Rs 1,800 crore by…
AI making phishing harder to spot even for the tech savvy: CERT-In chief
Artificial intelligence is rapidly reshaping the cyber threat landscape, making even familiar attacks such as phishing harder to detect, Indian Computer Emergency Response Team (CERT-In)…