Nikhil Patwardhan
Finance
Digit Insurance FY21 net loss shrinks as revenue soars over 50%
Cloud-based general insurance company Digit Insurance’s net loss shrank sharply in 2020-21 (FY21) as the company reported a strong growth ......
Consumer
IPO-bound Pepperfry net loss narrows even as revenues dip
Ahead of going public for listing, furniture marketplace Pepperfry narrowed its net losses by over one-third in 2020-21 (FY21) from a year earlier. The ......
Finance
Paytm to shut Canada B2C app amid eroding market capitalisation
One97 Communications Ltd, parent of online mobile payments firm Paytm, which has seen its market capitalisation erode since its public debut in November, will be shutting down its business-to-consumer (B2C) mobile ......
Consumer
‘We should be profitable by FY24:' LEAD co-founder Smita Deorah
LEAD, formerly known as LEAD School, owned and operated by Leadership Boulevard Pvt Ltd, turned unicorn on Thursday after it raised $100 ......
TMT
Flipkart Group buys Yaantra to expand its reverse commerce business
The Flipkart Group, owned by Walmart Inc, has bought electronics reverse commerce(or recommerce)company Yaantra in a bid to expand its ......
Consumer
Tiger Global-backed Vedantu ropes in former PwC executive as its CFO
Edtech unicorn Vedantu Innovations Pvt Ltd has roped in Pankaj Jain, a former PwC executive, as the company’s Chief Financial ......
Finance
Neobank Novo to increase workforce by 200 in India after $90 mn fundraise
US-based neobanking platform Novo, owned and operated by Novo Platform Inc, will be hiring more than 200 people in India ......
Finance
Venture debt firm BlackSoil's investments jump 2.5X in 2021
BlackSoil Capital Pvt Ltd said on Wednesday it has invested $80 million in 20 transactions in 2021, registering a 2.5 ......
Consumer
Edtech firm LEAD joins unicorn club with $100 mn funding from WestBridge, others
School edtech platform LEAD has raised $100 million as a part of its Series E funding round led by WestBridge ......
Finance
Kaleidofin raises $10 mn from Michael & Susan Dell Foundation, others
Chennai-based Kaleidofin Pvt Ltd, which operates an eponymous neobanking platform focused on the informal sector, has raised $10 million as ......
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