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Nomura-backed RateGain acquires Adara for $16 mn

TMT

03 January, 2023

Nomura-backed RateGain acquires Adara for $16 mn

Travel and hospitality technology services provider RateGain Travel Technologies Ltd on Tuesday said it has entered into a pact to ......

BharatPe appoints Nalin Negi as interim CEO; Suhail Sameer steps down

People

03 January, 2023

BharatPe appoints Nalin Negi as interim CEO; Suhail Sameer steps down

Fintech unicorn BharatPe on Tuesday said it has appointed current chief financial officer (CFO) Nalin Negi as the firm’s interim ......

Ola Electric sells 25,000 e-scooters in December

Consumer

02 January, 2023

Ola Electric sells 25,000 e-scooters in December

Ola Electric, operated by ANI Technologies Pvt. Ltd, sold 25,000 units of its e-scooters in December.  The Bengaluru-based firm sold about ......

Sequoia-backed Porter expands two-wheeler business

Infrastructure

02 January, 2023

Sequoia-backed Porter expands two-wheeler business

Intra-city logistics provider Porter has expanded its 2-wheeler logistics services to four more cities - Nagpur, Indore, Chandigarh and Vadodara. The ......

Meesho FY22 loss surges, revenue grows 4x

Finance

02 January, 2023

Meesho FY22 loss surges, revenue grows 4x

SoftBank-backed e-commerce platform Meesho’s reported a 5x surge in its net loss, at Rs 3,247.8 crore for FY22 against a ......

InCred acquires investment firm Orowealth

TMT

02 January, 2023

InCred acquires investment firm Orowealth

InCred Capital, the wealth and asset management arm of InCred Group, has announced the acquisition of digital investment firm Orowealth ......

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Stakeholders sight new startup sector after geospatial policy

TMT

02 January, 2023

Stakeholders sight new startup sector after geospatial policy

The National Geospatial Policy, 2022, notified last week, can help India develop a private startup ecosystem, industry stakeholders and investors ......

CarDekho narrows loss to Rs 247 crore in FY22

Finance

02 January, 2023

CarDekho narrows loss to Rs 247 crore in FY22

Girnar Software Pvt. Ltd, which runs automobile marketplace CarDekho, narrowed its loss to Rs 246.5 crore in the financial year ......

Byju's to expand tuition centres with eye on profitability in 2023

TMT

30 December, 2022

Byju's to expand tuition centres with eye on profitability in 2023

Edtech decacorn Byju’s will ramp up and open over 250 new tuition centres on setting up more physical tuition centres ......

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Deals Digest: Last week of the year ends on a tepid note

TMT

30 December, 2022

Deals Digest: Last week of the year ends on a tepid note

The last week of 2022 saw little activity on the venture capital and private equity funding, as well as on ......