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Zepto's revenue more than doubles in FY24, sees profitability in near term

TMT

13 December, 2024

Zepto's revenue more than doubles in FY24, sees profitability in near term

Quick commerce startup Zepto, which has raised more than $1 billion in cumulative funding this year, posted a 120% jump ......

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Nexus, RTP Global-backed 56 Secure lays off staff, trims ops on funding delay

TMT

13 December, 2024

Nexus, RTP Global-backed 56 Secure lays off staff, trims ops on funding delay

56 AI Technologies Pvt Ltd, a Bengaluru-based startup that operates as 56 Secure and counts venture capital firms Nexus Venture ......

Spacetech startup Pixxel snags additional $24 mn as part of Series B round

TMT

09 December, 2024

Spacetech startup Pixxel snags additional $24 mn as part of Series B round

Space-technology startup Pixxel, which raised $36 million led by tech giant Google last year in June, has further secured $24 million as ......

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TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms

Infrastructure

02 December, 2024

TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms

Shadowfax Technologies, a logistics startup backed by private equity firm TPG, turned operationally profitable in the last financial year as ......

Stashfin appoints Aparna Bihany as senior VP for lending

People

22 November, 2024

Stashfin appoints Aparna Bihany as senior VP for lending

Neo-banking startup Stashfin has appointed Aparna Bihany as senior vice president of lending. Bihany comes with over 20 years of experience ......

Coffee chain Blue Tokai looking to triple revenue before mulling IPO

Consumer

19 November, 2024

Coffee chain Blue Tokai looking to triple revenue before mulling IPO

Indian coffee chain Blue Tokai is aiming for a nearly three-fold jump in annual revenue by 2027 before it decides ......

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Only few of 200 BPC startups from pre-pandemic era broke Rs 100 cr milestone: Report

Consumer

18 November, 2024

Only few of 200 BPC startups from pre-pandemic era broke Rs 100 cr milestone: Report

Out of several beauty and personal care companies, which mushroomed in the pre-pandemic years, only a handful have managed to ......

Lightspeed-backed Physics Wallah names ex-Blinkit exec as first CFO

People

14 November, 2024

Lightspeed-backed Physics Wallah names ex-Blinkit exec as first CFO

Edtech unicorn Physics Wallah said Thursday it has named a former Blinkit executive as its chief finance officer (CFO), making ......

Tiger Global-backed Dealshare's revenue slumps 75% in FY24

TMT

13 November, 2024

Tiger Global-backed Dealshare's revenue slumps 75% in FY24

Tiger Global-backed ecommerce startup Dealshare, which shut its business-to-business vertical and laid off several employees in the process last year, ......

Stoa School to close shop as post-pandemic interest in online learning drops

TMT

12 November, 2024

Stoa School to close shop as post-pandemic interest in online learning drops

Online business school Stoa will cease its operations as the number of working professionals showing interest in the six-month MBA ......