Tag: tracxn
Dealshare: Dealshare FY24 revenue falls 75% post restructuring, loss narrows to a third
Tiger Global-backed hyperlocal ecommerce unicorn Dealshare, which underwent significant restructuring and leadership changes last year, reported a 74.5% drop in operating revenue to Rs 499…
Nivesh: Wealthtech platform Nivesh acquires Wealthzi for undisclosed amount
Wealthtech platform Nivesh has acquired the wealth management platform Wealthzi, operated by Lime Internet Private Limited, for an undisclosed amount.Through this acquisition, Nivesh plans to…
Ninjacart: Ninjacart’s revenue jumps 74% to cross Rs 2,000 crore in FY24, loss down 20%
Walmart and Flipkart-backed business-to-business (B2B) ecommerce firm Ninjacart reported a 74% jump in operating revenue for 2023-24 to Rs 2,002.7 crore, up from Rs 1,153.4…
Pine Labs valuation: Baron Funds hikes Pine Labs valuation to $5.8 billion, Invesco marks it up to $4.8 billion
Two US-based funds have marked up their investment in merchant-focused digital payments company Pine Labs. While Baron Funds hiked its valuation to $5.8 billion, Invesco…
mobile premier league: Mobile Premier League net loss narrows to $37 million in FY23 as revenue grows, expenses fall
Bengaluru-based online real money gaming company Mobile Premier League (MPL) saw its net loss during the fiscal ended March 31 reduce sharply to $37.04 million,…
et startup awards: ET Startup Awards 2023 methodology: how we arrived at the winners
In its ninth year, The Economic Times Startup Awards (ETSA) have captured the ever-changing world of technology and Digital India as the sector has grown…
Venture Capital: VCs keep purse strings tight despite raising more capital
Domestic and global investors, who have raised record funds over the past year, have mostly held on to their unallocated capital in the first six…
mojocare: Exclusive: Mojocare investors weigh legal action against founders
A few shareholders of Mojocare are considering legal action against the healthcare and wellness startup’s founders, people aware of the discussions said Monday, a day…
Koo layoffs: Twitter’s rival Koo lays off 30% staff due to funding crunch
Koo, a Twitter Inc. rival in India, has fired almost a third of its employees in recent months as the firm struggles with losses and…
amitabh kant: Startups with good business models will continue to attract money: Amitabh Kant
Indian startups that are “well-governed” and have good business models will continue to attract investments despite the drying up of venture capital funding, India’s G20…