Category: Startups
Razorpay confidentially files IPO papers with Sebi
Fintech major Razorpay has filed its pre-filed draft red herring prospectus with the Securities and Exchange Board of India and the stock exchanges formally kicking…
India now has 2.3 lakh startups, generated 25 lakh jobs: Union minister Jitendra Singh
Union Minister Jitendra Singh on Saturday said India’s startup ecosystem had generated nearly 25 lakh jobs over the past decade and emerged as a key…
ETtech Deals Digest: Startups raise $225 million in second week of June, up 22% on-year
Startups raised $225 million across 19 rounds in the second week of June, up 22% year-on-year and 39% higher than the previous week. Gurugram-based green…
SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut
SpaceX was on course to blow past $2 trillion in market valuation in its Nasdaq debut on Friday, reflecting the frenzy for the Elon Musk-led…
Some German firms see AI reducing need for degrees, Ifo says
Synopsis The survey also showed that about 15% of the companies surveyed deemed it easy to replace experienced employees with AI-enabled staff with less experienceThe…
Dhan launches US stocks, ETFs investing via GIFT City route
Trading and investing platform Dhan on Friday launched investment access to US-listed stocks and exchange-traded funds (ETFs) for Indian investors through the GIFT City framework….
B Capital leads SolarSquare’s $50-55 million round at $500 million valuation
Mumbai-based rooftop solar startup SolarSquare Energy has raised $50-55 million in a new funding round led by B Capital. The round valued the company at…
Former Paisabazaar CEO Naveen Kukreja looking to secure $9 million for new wealthtech bet
Former Paisabazaar chief executive officer Naveen Kukreja is in talks with investors to close the first institutional funding round for his new startup, two people…
Aum Ventures plans to invest Rs 750 crore in innovative startups in 5 years
VC firm Aum Ventures has launched its second fund, Aum Ventures – India Innovation Fund II, with a target corpus of Rs 750 crore (about…
AI shift drives Opendoor’s India exit: Here’s all you need to know
US-based real estate technology company Opendoor is shutting down its India operations and laying off nearly 250 employees as part of a major restructuring effort….