Category: Startups
India-UAE CEPA Council to help startups expand internationally
Since its launch in June, the UAE–India Start-Up Series has quickly emerged as India’s largest start-up initiative of its kind, attracting more than 10,000 applications…
Nykaa Q2 revenue up 25% to Rs 2,346 crore, net profit zooms 154%
Beauty and fashion retailer Nykaa on Friday reported a 25% year-on-year (YoY) growth in its revenues for the July-September quarter, at Rs 2,346 crore. Its…
Swiggy’s board approves Rs 10,000-crore fundraise via QIP
Synopsis Food and grocery delivery firm Swiggy’s board has approved a proposal to raise Rs 10,000 crore through a qualified institutional placement. The company will…
Upgrad in talks to acquire Unacademy for $300-320 million, 90% lower than its peak valuation
Test prep startup Unacademy is in advanced talks with higher education and upskilling firm Upgrad for an all-stock acquisition valuing it at around $300–320 million,…
Nykaa Q2 Results: Cons PAT skyrockets 243% YoY to Rs 34 crore, revenue jumps 25%
FSN E-Commerce Ventures which operates Nykaa brand, reported a 243% YoY jump in its consolidated Q2 net profit at Rs 34 crore versus Rs 10…
Tiger Global exits Ather Energy, selling entire stake for Rs 1,204 crore
New York-headquartered investment firm Tiger Global has exited Ather Energy, selling its entire 5% stake in the electric two-wheeler maker through open market transactions on…
Slice SFB reports 3x rise in FY25 net loss to Rs 216 crore
Slice Small Finance Bank reported a net loss of Rs 216 crore for 2024-25. a 38% surge from Rs 152 crore in the previous financial…
Slice SFB reports 38% jump in net loss to Rs 216 crore
Slice Small Finance Bank reported a net loss of Rs 216 crore for 2024-25. a 38% surge from Rs 152 crore in the previous financial…
Pine Labs raises Rs 1,753 crore ahead of IPO; MIT retirement fund, SBI MF among anchor investors
Merchant payments company Pine Labs has raised Rs 1,753 crore through its anchor placement round from 12 domestic mutual funds and several global investors. The…
TVS Motor to divest Rapido stake to Accel, Prosus for Rs 288 crore
Two-wheeler maker TVS Motor Company said Thursday that it will divest its shares in urban mobility startup Rapido to venture capital firm Accel and Dutch…