Category: Startups
Wakefit won’t focus on its stock prices, but on long term growth: Cofounder Ramalingegowda
Mattress and furniture maker Wakefit will avoid managing the business around short-term share price movements and instead focus on long-term growth drivers such as omnichannel…
Spain fines Airbnb $75 million for unlicensed rental listings
Spain has fined vacation rental firm Airbnb 64 million euros ($75 million) for advertising unlicensed tourist rental homes, the Consumer Rights Ministry said on Monday….
2025 Year in Review | Who’s in, who’s out: the biggest executive moves in India’s tech & startup sector
For India’s startup and tech sector, 2025 was a year of continued top-level churn. Companies across ecommerce, fintech and marketplaces saw leadership changes as part…
Shiprocket files UDRHP for Rs 2,342-crore IPO
Gurugram-based Shiprocket, which offers shipment and checkout services to direct-to-consumer (D2C) brands, has filed an updated draft red herring prospectus (UDRHP) for a Rs 2,342-crore…
Logistics startup Shiprocket files revised papers for Rs 2,342 crore IPO
Gurugram-based Shiprocket, which offers shipment and checkout services to direct-to-consumer (D2C) brands, has filed an updated draft red herring prospectus (UDRHP) for a Rs 2,342-crore…
India now home to over two lakh govt-recognised startups: Union minister Piyush Goyal
India is now home to over two lakh government-recognised startups, with over 44,000 entities recognised this year alone, the highest in a year since the…
Infibeam Avenues board approves rebranding to AvenuesAI
Fintech company Infibeam Avenues, which runs the CCAvenue payment gateway, is planning to change its name to AvenuesAI as it centres its business around artificial…
Fintech Wealthfront prices US IPO at $14 apiece, raises $486 million
Automated digital wealth management firm Wealthfront said on Thursday that it has raised $486 million in its initial public offering (IPO), capping a strong year…
AI startup Serval valued at $1 billion after Sequoia-led round to expand IT automation
AI-powered IT support startup Serval has raised $75 million in a Series B funding round led by Sequoia, achieving a $1 billion valuation just three…
P2P lending platform LenDenClub’s parent plans IPO, CEO says
Vartis Platforms, operator of the country’s largest peer-to-peer lending marketplace LenDenClub, is preparing for an initial public offering within 18 to 36 months, chief executive…