startups
TMT
PhonePe's FY23 revenue jumps 77%, turns Ebitda positive on adjusted basis
Walmart-owned Indian digital payments unicorn PhonePe's revenue surged 77% during the year ended March 2023, on the back of rapid ......
Consumer
Test prep platform Toprankers looking at expansion through M&As
Edtech platform Toprankers, which is backed by the likes of consumer centric venture capital investor Sixth Sense Ventures, is mulling ......
Opinion
How India can build a deep-tech startup ecosystem
The recent launch of the draft National Deeptech Policy is well-timed considering global tailwinds and our strengths as a country. ......
TMT
Swiggy gets a valuation jump, still way below its peak
Food delivery unicorn Swiggy finally has good news in its corner, after facing a series of valuation cuts through the ......
Finance
RBI imposes $600,000 penalty on Paytm Payments Bank
India's central bank said on Thursday it has imposed a penalty of 53.9 million rupees ($647,762.58) on Paytm Payments Bank ......
Finance
Bottomline: PE-backed KreditBee back in the black in FY23; eyes $1 bn AUM
Digital lending platform KreditBee, which primarily provides personal loans to salaried and self-employed individuals, marked impressive financial growth for the ......
Consumer
Handbag brand Lavie parent closes maiden funding round
Bagzone Lifestyles Pvt. Ltd, which owns the handbag brand Lavie, raised $9 million (around Rs 75 crore) in its first ......
General
Massive dry powder set to boost entrepreneurship, say VCs and startup founders
The Indian startup ecosystem, which saw record investments in 2021 at $42 billion, is currently going through a funding winter, ......
Finance
Angel, VC funding bounces back in September but far from full recovery
The number of angel funding and venture capital transactions in India recovered in September after falling in August but remained far ......
TMT
WorkIndia among three dozen startups make elevator pitch at VCCircle event in Delhi
Over three dozen startups made an elevator pitch to some of the most active early-stage investors in India at the Delhi edition ......