Category: Startups
angel one: Dhan appoints Ketan Shah as CEO of omnichannel business
Stock trading and investment platform Dhan has appointed Ketan Shah as chief executive officer (CEO) of its omnichannel business, the company said on Monday. Shah,…
Ban on bike taxis: HC to hear Ola, Uber, Rapido appeals on Tuesday
The Karnataka High Court will hear on Tuesday writ appeals from Ola, Uber, and Rapido against a single-judge bench’s order disallowing the operation of bike…
Deeptech startup Chakr Innovation raises $23 million from Iron Pillar, others
Deep tech startup Chakr Innovation has raised $23 million (Rs 193.5 crore) in a funding round led by growth stage investor Iron Pillar. Founded in…
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…