Category: Startups
PhonePe IPO delay signals valuation standoff for upcoming new-age listings
PhonePe’s decision to push back its $1.3-billion initial public offering (IPO), amid volatile market conditions and a valuation gap with mutual fund investors, could impact…
LPG shortage: Orders from restaurants start recovering, says Magicpin
Orders from restaurants impacted by the shortage of commercial LPG cylinders due to the ongoing West Asia conflict are starting to recover as eateries adjust…
Tamil Nadu govt invests Rs 25 crore in space startup Agnikul Cosmos
The Tamil Nadu Industrial Development Corporation (TIDCO) will invest Rs 25 crore in Chennai-based Agnikul Cosmos under the TIDCO Startup Investment Policy 2025. Established in…
Digg cuts jobs after facing AI bot surge
Digg is laying off staff citing “brutal reality” in the current digital environment and a surge in artificial intelligence-driven bot activity, more than a year…
Y Combinator brings Startup School to India; here is what it means for your startup
Startup accelerator programme Y Combinator (YC) is hosting its first-ever Startup School event in India. The one-day event will be held in Bengaluru on April…
Fintech Razorpay eyes global brands for high-margin biz in run-up to IPO
Digital payment major Razorpay is focussing on deploying its payments stack to large global brands in a bid to grow the cross-border business, which has…
Accel set to lead $12 million round in AI fintech Oolka
Early-stage venture fund Accel is set to lead a $12 million round in AI-powered fintech Oolka, according to two people in the know. The round…
US-based Accel Leaders Fund may join Rapido’s $600 million round: Sources
The US-based Accel Leaders Fund, a growth-stage vehicle, is likely to join the ongoing $550-600 million financing round for urban mobility startup Rapido, two people…
Revolut gets full UK banking licence after years-long wait
Revolut, Europe’s most valuable startup, said on Wednesday it had received regulatory approval to launch a British bank, allowing it to compete head-to-head with high…
Skyroot Aerospace bets on ‘space taxi’ model as Vikram-1 launch nears
Skyroot Aerospace, backed by Temasek and Singapore’s sovereign wealth fund GIC, said its Vikram-1 rocket is designed as a vehicle for dedicated small-satellite launches into…