Category: Startups
Furniture rental startup Rentomojo picks bankers for IPO, sources say
Synopsis Bengaluru-based furniture rental platform Rentomojo has appointed IIFL and Motilal Oswal as bankers for its planned IPO in FY27. The company is aiming to…
Wearable startup Ultrahuman turns profitable in FY25; revenue jumps fivefold
Wearable tech startup Ultrahuman has recorded its maiden profit, on the back of a significant rise in its mainstay smart ring business, as well as…
PhonePe narrows loss in FY25 as revenue jumps 40% to Rs 7,115 crore
Aided by a surge in revenue, Walmart-backed PhonePe narrowed its net loss by 13.4% in fiscal year 2025 to Rs 1,727.4 crore, from Rs 1,996.1…
UAE seeks to increase number of startups to more than two million by 2031
Abdullah bin Touq Al Marri, Minister of Economy and Tourism, affirmed that startups and entrepreneurs constitute a fundamental pillar in the UAE’s economic growth journey,…
Nissan showcases assisted driving system using UK startup Wayve’s technology
Nissan Motor said on Monday it has started testing a new driver-assistance system that uses technology from British startup Wayve, ahead of a planned launch…
Hiring strategy of Indian AI startups in US goes for toss
Indian startups in the AI space are evaluating the Trump administration’s proposed $100,000 H-1B fee. While some are reconsidering their hiring plans, others see minimal…
Electric cab startup Evera in talks with Gensol to lease 1,000 cars
Delhi-based all-electric taxi service company Evera is in discussions with Gensol’s insolvency resolution professional (IRP) and its committee of creditors (CoC) to lease 1,000 cars…
Clash of the carts: Qcomm & ecomm in race to deliver this festive season
The quick commerce and ecommerce marketplaces are competing this festive season. While 10-minute delivery platforms are expanding their offerings and launching large-scale sale events, horizontal…
Building India 2.0 at the ET Soonicorns Summit 2025: Scaling tech infrastructure for a more resilient economy
When leaders from across healthtech, agritech, fintech, edtech, and frontier technologies gathered at a closed-door roundtable during the ET Soonicorns Summit 2025, the room crackled…
Fintech startup Jar’s operating revenue surges ninefold to Rs 208 crore in FY25, loss narrows
Jar, a fintech startup, said its operating revenue jumped ninefold to Rs 208 crore in the fiscal year ended March 2025, from Rs 23 crore…