Category: Startups
Neobank Fi Money’s cofounder Sumit Gwalani steps down after six years
Peak XV Partners and Alpha Wave Capital-backed neobanking startup Fi Money’s cofounder Sumit Gwalani has exited the startup after six years. This move also comes…
Optimising to win, capture market share in InstaHelp: Urban Company CEO Bhal as firm reports 57x jump in net loss
Home services platform Urban Company reported a 57-fold jump in net loss to Rs 161 crore in the March quarter of FY26, from Rs 2.8…
Swiggy CEO Sriharsha Majety sees telecom parallels in qcomm frenzy, says strategic clarity is key
Swiggy founder Sriharsha Majety said companies that find strategic clarity early are more likely to survive aggressive spending cycles, drawing parallels between quick commerce’s current…
GoKwik launches AI-powered Kwik Ship for faster ecommerce deliveries in India
GoKwik has launched an artificial intelligence-powered shipping platform aimed at making online shopping deliveries faster and easier to track for consumers. Called Kwik Ship, the…
Zepto secures Sebi approval for IPO: sources
Quick commerce startup Zepto has received approval from Sebi for its initial public offering (IPO), according to people in the know. With this, Zepto will…
Skyroot Aerospace, KreditBee among latest startups to enter unicorn club
India’s startup ecosystem has expanded rapidly, with nearly 2.3 lakh startups now recognised by the Department for Promotion of Industry and Internal Trade (DPIIT). As…
ED arrests 3 founders of Gameskraft in PMLA case
The Enforcement Directorate on Friday arrested three founders of online gaming platform Gameskraft in an alleged fraud-linked money laundering case, officials said. They said Deepak…
Razorpay to solely focus on omnichannel for offline play
Online payments company Razorpay has tamed its offline expansion plans amid sluggish growth of the vertical, three industry executives aware of the matter told ET….
Karnataka eyes larger role in commercial space economy; plans common testing facility
IT/BT Minister Priyank Kharge on Thursday said SpaceTech would be a key pillar of Karnataka’s deeptech ambitions under its “DeepTech Decade” vision, as the government…
Ola Consumer’s FY25 revenue drops 42%, losses widen, as company begins prep for IPO
Ola Consumer, formerly known as Ola Cabs, is preparing for an initial public offering (IPO) even as its financials paint a grim picture, with revenue…