Category: Startups
Lenskart completes Rs 430 crore pre-IPO placement ahead of November listing
Synopsis The Gurugram-based company’s public offering is the biggest among a number of new-age company IPOs lined up for this year. As per its draft…
Vijay Shekhar Sharma showcases Made-in-India Paytm AI soundbox to Piyush Goyal
Paytm Founder and CEO Vijay Shekhar Sharma showcased the company’s Made-in-India Paytm AI Soundbox to Union Minister for Commerce and Industry Piyush Goyal, reaffirming Paytm‘s…
Shark Tank judge Peyush Bansal nears billionaire status with Lenskart IPO
Peyush Bansal founded eyewear-maker Lenskart Solutions Ltd. more than 15 years ago with partners he met on LinkedIn and grew it into a multi-billion dollar…
Zepto expands Esop pool by $170 million to over $500 million
Quick commerce platform Zepto has expanded its employee stock option plan (Esop) pool to 122.89 lakh by adding 39.39 lakh new Esop options, according to…
Zepto closes $450-million round led by US pension fund Calpers; valuation hits $7 billion
Synopsis The startup’s valuation grew to $7 billion after a financing round that drew existing backers Goodwater Capital and General Catalyst, the Bangalore-based startup said…
Eternal Q2 results: Revenue rises threefold, profit drops to Rs 65 crore
Synopsis The Deepinder Goyal-led company posted a 183% rise year-on-year in the operating revenue at Rs 13,590 crore during the quarter under review, the filing…
Quick service app Snabbit strengthens leadership, shifts headquarters to Bengaluru
Quick service app Snabbit, which offers hyperlocal, on-demand home services, has strengthened its senior leadership and shifted its corporate headquarters from Mumbai to Bengaluru, as…
Koo cofounder Bidawatka launches AI-based photo-sharing app
Mayank Bidawatka, who cofounded the now-defunct Indian microblogging platform Koo, has launched an artificial intelligence-powered mutual photo-sharing app under his new consumer tech venture Billion…
IIMC Innovation Park, TechnoServe join hands to nurture over 100 green startups in five years
The IIM Calcutta Innovation Park (IIMCIP) on Wednesday announced a five-year partnership with TechnoServe‘s Greenr Sustainability Accelerator to boost India’s green entrepreneurship ecosystem to support…
Paytm parent restructures to bring financial, tech entities under direct ownership
Paytm‘s parent, One 97 Communications Ltd, has approved a comprehensive internal restructuring plan to bring several of its financial and technology subsidiaries under direct ownership….