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ETtech Deals Digest: Startups raise $1.06 billion in May, up 12% on-yearStartups in India raised $1.06 billion in May 2025, up 12% from the same period last year, across 79 funding rounds. Key deals included PB ...
VC firm Athera secures HDFC AMC backing for Rs 900-crore fundAthera Venture Partners secures funding from HDFC Asset Management Company for its Rs 900 crore fourth fund. The fund, backed significantly...
Electric mobility startup Vidyut launches offline pre-owned EV sales, financing platformVidyut has launched an offline pre-owned EV platform in Delhi-NCR, Hyderabad, and Bengaluru, with plans to expand. An online marketplace is...
ETtech Deals Digest: Startup funding in May rises 62% on year to $817 millionNew-age startups raised $817.2 million in May 2024, up 62% from last year, with top investor Venture Catalysts leading funding rounds for s...
Euler Motors raises Rs 200 crore from Piramal Alternatives, othersEuler Motors raised Rs 200 crore in funding led by Piramal Alternatives India Access Fund. The firm aims to become India's top electric com...
Piramal Alternatives leads Euler Motors’ Rs 200 cr fundraiseEuler Motors, an electric three-wheeler maker, raised Rs 200 crore ($24 million) led by Piramal Alternatives India Access Fund, with Britis...
EV financing startup Vidyut raises $10 million in funding led by 3one4 CapitalVidyut, founded in 2021, did not disclose the company's valuation at which the capital was raised or the exact mix of equity and debt in th...
Razorpay, Cashfree eye lost market share, ShareChat’s third round of layoffsWith the PA license in place, both Razorpay and Cashfree have set up "war rooms" with executives from across teams. The aim is to reach out...
ShareChat fires another 15% staff; inside the rush for a payment aggregator licenceVernacular social media platform ShareChat on Wednesday executed another round of layoffs. This and more in today’s ETtech Top 5.
Euler Motors net loss jumps five-fold to Rs 175.44 crore in FY23The Delhi-based company reported a 250% on-year jump in revenue from operations to Rs 61.53 crore, according to its financial statements fi...
Financial report card for Nykaa, Dunzo; Byju’s in talks with Joffre for Epic saleFSN E-Commerce, the parent entity of omnichannel beauty and fashion retailer Nykaa, saw its Q2 profit jump 50%. Cash-strapped Dunzo also di...
EV maker Euler Motors raises Rs 120 crore in down roundThe firm had last raised funding in October 2022, when it received an investment of $60 million at a $200-250 million valuation, per news r...
EV company Exponent eyes $25 million at $100-120 million valuationExponent Energy had last raised $13 million in August 2022 in a Series A led by Lightspeed that valued the Bengaluru-based startup at aroun...
ETtech Deals Digest: Big-ticket funding for Indian startups far from sightWith large PE and VC funds still placing their bets cautiously amid the volatile macroeconomic environment, the dry spell might continue fo...
Women lead the way in EV sector; govt targets ads by foreign betting sitesIndia’s electric vehicle (EV) sector is growing rapidly and much of this growth is being driven – if you’ll excuse the pun – by women, acco...
Inventus Capital launches Rs 900 crore fourth fund; rebrands as Athera Venture PartnersThe launch of the fund comes at a time when dealmaking has slowed down with macro headwinds hurting investments and valuations of technolog...
Charged up: PEs & VCs pump big money into electric vehiclesInvestment activity in the EV space jumped after Japan’s SoftBank Vision Fund said in 2019 that it would invest $265 million in Ola Electri...