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Peak XV-backed MoneyTap, Freo parent aims to clock a profit for FY25

TMT

08 August, 2024

Peak XV-backed MoneyTap, Freo parent aims to clock a profit for FY25

MWYN Tech Pvt. Ltd, which runs digital banking platform Freo and provides personal loans through its MoneyTap platform, aims to ......

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Neo Asset aims to wrap up deployment of special situations fund by 2024-end

Finance

01 August, 2024

Neo Asset aims to wrap up deployment of special situations fund by 2024-end

Mumbai-based Neo Asset Management, the wealth and asset management arm of Peak XV Partners-backed Neo Group, plans to wrap up ......

Two generative AI firms, two others secure early-stage funding

TMT

30 July, 2024

Two generative AI firms, two others secure early-stage funding

Generative AI companies Gnani.ai and Vitra.ai, wedding services startup Meragi, and ElectricPe, secured early-stage funds, the companies announced on Tuesday. ......

NCLT admits Byju's into insolvency proceedings on BCCI's plea

TMT

16 July, 2024

NCLT admits Byju's into insolvency proceedings on BCCI's plea

Edtech company Byju's, once India's biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 ......

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Grapevine: Zetwerk in funding talks with CapitalG; power majors eye Sinnar Thermal

General

15 July, 2024

Grapevine: Zetwerk in funding talks with CapitalG; power majors eye Sinnar Thermal

Zetwerk, an Indian unicorn specialising in contract manufacturing of capital and consumer goods, is in talks to raise funds from CapitalG, ......

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Grapevine: DAM Capital eyes IPO; Vikram Pandit to exit JM Financial Credit Solutions

General

08 July, 2024

Grapevine: DAM Capital eyes IPO; Vikram Pandit to exit JM Financial Credit Solutions

Boutique Indian dealmaker DAM Capital Advisors is considering a public float, a media report said. Veteran investment banker Dharmesh Mehta's DAM Capital, which ......

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Peak XV in advanced stage of talks to bet on healthy food brand

Consumer

01 July, 2024

Peak XV in advanced stage of talks to bet on healthy food brand

Venture capital firm Peak XV Partners, previously known as Sequoia Capital India and Southeast Asia, is in advanced stage of talks ......

Abu Dhabi wealth fund ADIA bets $120 mn more on Purplle

Consumer

01 July, 2024

Abu Dhabi wealth fund ADIA bets $120 mn more on Purplle

Purplle, which started as an online beauty and personal care products retailer and recently expanded to offline channels, said Monday it ......

Zyod, Cloudphysician, Sid's Farm raise Series A funding

TMT

25 June, 2024

Zyod, Cloudphysician, Sid's Farm raise Series A funding

Business-to-business (B2B) apparel sourcing and manufacturing startup Zyod and Cloudphysician Healthcare Pvt. Ltd, a healthcare technology company focused on critical ......

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Grapevine: Ola Electric faces pushback on valuation; Pine Labs eyes $1-bn IPO

General

24 June, 2024

Grapevine: Ola Electric faces pushback on valuation; Pine Labs eyes $1-bn IPO

Ola Electric Mobility Ltd. is encountering investor resistance regarding its target valuation for the upcoming initial public offering (IPO) of ......