startups
General
Deals Digest: Funding momentum rises due to a large-ticket deal, volume drops
Funding activity by private equity and venture capital firms during the week reached its highest levels this year so far ......
TMT
Abhinay Maths and Classplus founders stuck in a legal tussle
Abhinay Sharma, founder of online test prep platform Abhinay Maths, has filed a police complaint against edtech startup Classplus and ......
Finance
Bottomline: Auxilo's profit, AUM on high growth path; asset quality improves
Non-banking financial institution Auxilo Finserve Pvt. Ltd, which snagged $57 million from Tata Capital, Trifecta and Xponentia Capital last year, ......
TMT
Bottomline: Lightrock-backed axio's FY23 revenue doubles but losses widen too
Non-banking lender axio, which counts Lightrock, Amazon, Elevation Capital, Sequoia Capital and Ribbit Capital amongst its investors, improved its revenue ......
Finance
Bottomline: Udaan's NBFC arm takes a hit in revenue as group goes through optimisation
Hiveloop Capital, the NBFC subsidiary of business-to-business e-commerce unicorn Udaan recorded a decline in its revenue for FY23, even as ......
Finance
CreditWise Capital targets sixfold growth in AUM, gears up for new funding round
CreditWise Capital Pvt. Ltd, a non-banking financial company that offers loans to buy two-wheelers, is aiming to grow its total ......
Consumer
Temasek, Lightrock-backed DeHaat aims to grow scale by 50% this fiscal
Agritech startup DeHaat, which is backed by marquee investors such as Temasek Holdings, Sofina Ventures, RTP Global Partners, Prosus Ventures ......
Consumer
Bottomline: PE-backed Carzonrent bounced back but lack of tailwinds restricts revival
Car rental and corporate travel service Carzonrent India Pvt. Ltd has yet again hit a roadblock after seeing a recovery ......
Finance
Unacademy general counsel steps down, rejoins law firm
Edtech startup Unacademy, which counts SoftBank, Sequoia Capital and Tiger Global Management as its investors, has seen the departure of a senior ......
People
No respite for Byju's as startup sees another top-level management exit
The year 2024 may start on a bitter note for edtech unicorn Byju’s, with another top-level exit after multiple resignations ......
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