Category: Startups
Dhan parent Raise Financial acquires algo trading platform Stratzy in cash-and-stock deal
Raise Financial, the parent of online stock trading platform Dhan, has fully acquired Stratzy, an algo-based investing and trading startup, in a cash-and-stock deal valued…
Early Paytm backer Elevation Capital part sells stake in fintech worth Rs 1,556 crore
Venture capital firm Elevation Capital (formerly SAIF Partners) offloaded 1.19 crore shares of Paytm parent One97 Communications worth Rs 1,555.95 crore via a bulk deal,…
Curefit reports 31% increase in revenue in FY25, Ebitda losses narrow
Fitness startup Cultfit’s parent Curefit Healthcare reported a 31% increase in operating revenue to Rs 1,216 crore in FY25, from Rs 927 crore in FY24….
Deeptech to account for up to one-third of VC funding in India: Accel’s Prashanth Prakash
Deeptech could account for as much as a third of venture capital (VC) allocations in India over the next two to three years, said Prashanth…
Indian deeptech firms don’t need subsidies, they need real market, say founders
Indian deeptech startups don’t need subsidies or special support but instead need a steady market demand that is ready to adopt new technologies, said deeptech…
PhysicsWallah founders’ holdings at over Rs 16,000 crore; WestBridge’s stake valued at Rs 2,600 crore
PhysicsWallah, the first edtech to list following Byju’s’ collapse, has created significant paper wealth for its promoters and backers as it debuted at a 33%…
Who is Vik Bajaj, co-CEO of Jeff Bezos’ AI startup Project Prometheus?
Vikram Bajaj, aka Vik, has been named co-chief executive officer (CEO) of the artificial intelligence (AI) startup Project Prometheus, where he will lead alongside Amazon…
PhysicsWallah’s growth prospects justify IPO valuation despite rising losses: Analysts
PhysicsWallah, the first edtech to list on Indian exchanges, made its public market debut with a strong listing and price surge in early trade. The…
Amazon founder Jeff Bezos returns to CEO role with AI startup
Amazon founder Jeff Bezos is returning to an operational leadership role for the first time in four years, taking the helm of a new AI…
Blackstone eyes majority stake in Globetrotters in $700 million education plan
US private equity firm Blackstone is in talks to buy a majority stake in Jaipur-based Globetrotters Educational Innoventions, which runs the Jayshree Periwal International School…