Startups
Angel One’s Venture into Mutual Fund Space with SEBI Approval
Angel One AMC, a subsidiary of a listed stockbroking firm, received approval from SEBI to operate as the asset management company for Angel One...
Karnataka High Court clears way for BYJU’S Aakash stake sale after NCLT hurdle lifted
The Karnataka High Court has granted relief to BYJU’S by lifting the NCLT's block on the Aakash stake sale. An interim stay was issued...
Meesho Unveils Revolutionary AI Voice Assistant for Customer Queries
Meesho, a SoftBank-backed company, launches AI-powered voice bot for customer support in Indian ecommerce. With emotion recognition and human-like interactions, it reduces call costs...
Yubi Plans Major Funding Boost for MENA Expansion
Yubi, formerly CredAvenue, plans to raise $150-200 Mn in Q1 2025 for MENA expansion and acquisitions. Net loss reduced by 22% to INR 395.8...
Yubi Plans Major Funding Boost for MENA Expansion
Yubi, formerly CredAvenue, plans to raise $150-200 Mn in Q1 2025 for MENA expansion and acquisitions. Net loss reduced by 22% to INR 395.8...
FirstCry Stock Surges 6.65% on Strong Q2 Results
FirstCry shares surged 8.65% to INR 590.60, trading at INR 579.70 with a market cap of INR 30,097.11 Cr. Revenue growth hit 26.7% reaching...
BYJU’S Faces Fresh Govt Inquiry Over Financial Irregularities
The government is investigating allegations that BYJU'S misrepresented financial statements and misused funds. A previous probe found compliance issues but no fraud. A lawsuit...
Deepinder Goyal’s Zomato Stake Surpasses INR 10,000 Cr
Deepinder Goyal's stake in Zomato is valued over INR 10,108.74 Cr ($1.19 billion). He holds a 4.18% stake in the company, with 369.47 million...
Ola Electric Launches Affordable e-Scooters for Urban Commuters
Ola Electric introduces electric scooters for gig economy workers and budget-conscious consumers, including models under Ola Gig starting at INR 39,999. Competing with Yulu,...
ShareChat’s Revenue Surges, EBITDA Losses Drop in FY24
ShareChat's operating revenue for FY24 increased by 33% year-on-year to INR 718 crore, with adjusted EBITDA losses dropping by 67% to INR 793 crore....