In a surprising turn of events, Zomato, one of India's leading food delivery giants, has announced its rebranding to 'Eternal Ltd.'. The company unveiled its new identity in an official statement, marking a significant shift in its strategic vision
In her eighth budget speech, Union Finance Minister Nirmala Sitharaman unveiled a significant move to support India’s growing startup ecosystem by announcing a new ‘Fund of Funds’ with an expanded scope and a fresh contribution of ₹10,000 crore. This
Ambak, a Fintech startup, has raised $7 million through a combination of Seed and Pre-Series A funding. Peak XV’s Surge led the Seed round while Peak XV Partners, in collaboration with Advantedge VC, DeVC, and other angel investors, backed
Summary: Zomato’s shares dropped 5.05% to INR 203.80, marking a 12% decline over the past week and trading 31% below its 52-week high. The slump follows disappointing Q3 FY25 results, with a 57.2% YoY drop in net profit and
As India celebrates National Startup Day, marking a decade of the Startup India Mission, Sanjiv Singh, Joint Secretary of DPIIT, speaks about the transformative journey of Indian startups, government initiatives, and the ambitious roadmap ahead. India’s Decade of
Bikayi, a fast-growing e-commerce startup from India, has successfully raised $10 million in its Series A funding round. The investment will be used to scale its operations, enhance technology, and expand into new markets. The round was led by
Flipkart, India’s leading e-commerce platform, has reached a new milestone with a valuation of $50 billion after completing its latest round of funding. The company received a significant investment from a mix of international investors and venture capitalists, fueling
A prominent global venture capital firm has invested $25 million in a rising Indian edtech startup, aiming to transform the education sector. The funding will help the startup scale its platform, build new content, and integrate AI-powered learning tools.
Razorpay, one of India’s fastest-growing FinTech companies, has successfully raised $100 million in funding to enhance its payment gateway services and expand globally. This round was led by prominent investors, including Sequoia Capital and Tiger Global. Razorpay, which provides
OYO Hotels, the Indian hospitality giant, has raised $1 billion in a fresh funding round, which is set to expand its global reach. This investment places OYO among the largest hotel chains worldwide. The funding comes from a mix