Yubi secures Rs 75 crore from founder Gaurav KumarYubi's founder Gaurav Kumar injects Rs 75 crore, boosting his total investment to Rs 330 crore. Additionally, EvolutionX Debt Capital has i...
ETtech Deals Digest: Startups raise $460 million in July so far, down 47% on-yearStartups across seed, early, and late stages raised the funds through 80 deals, compared to 161 in the year-ago month.
PayPal CEO interview; Infosys Q1 reportIn an exclusive interaction, PayPal CEO Alex Chriss stressed the need for interoperability between country-specific digital wallet systems....
Gupshup raises $60 million from Globespan, EvolutionX; explores domicile shift for India IPOGupshup secured $60 million in funding from Globespan Capital Partners and EvolutionX Debt Capital to enhance its AI-driven messaging platf...
Temasek is stepping up the pace to grow its USD 40B India portfolioTemasek will invest up to USD 10 billion in India over the next three years. The investment firm sees strong structural drivers for future ...
Temasek-backed debt financing platform EvolutionX shifts fund focus to India from ChinaThe Singapore-based debt financing platform plans to allocate as much as 70% of its $500 million private credit fund to India, Rahul Shah, ...
Regulatory scrutiny may queer the pitch for insurtech; and other top startup & tech stories this weekMultiple people in the know have told me that the insurance regulator is not comfortable with the typical corporate structures of startups,...
Ola Electric, TVS, Bajaj expand e-scooter market share amid overall rise in salesOla Electric, TVS Motors, and Bajaj expanded their market share in FY24. Ola led with 35% in non-transport electric two-wheelers. The overa...
Ola Electric sees record registrations in March; ends FY24 with 115% growth on yearIPO-bound Ola Electric retains its market leader tag with 328,785 units registered in FY24, the Vahan portal shows. The number has more tha...
Ola Electric raises $50 million in debt financing from EvolutionX CapOla Electric Mobility raised Rs 410 crore from EvolutionX Debt Capital, supported by DBS and Temasek. Founder Bhavish Aggarwal is pitching ...
Ecommerce growth slows; Ola Electric raises debtThe decline was indicative of softer demand as order volumes shrunk, even as the uptake of expensive items helped keep up overall sales. Ho...
PharmEasy’s FY23 operating revenue up 16% to Rs 6,644 crore; net loss widens 30%PharmEasy’s parent firm API Holdings cut down its advertising and promotional expenses to Rs 235 crore, less than half of what it incurred ...
Mensa Brands sees loss widen to Rs 213 crore, revenue jumps 2.5 timesRoll-up ecommerce startup Mensa Brands saw its total loss for FY23 widen over twofold from a year ago to reach Rs 213.9 crore, while total ...
ETtech Deals Digest: Amid 'Tech Winter', dry funding taps, startups set to face turmoilHere is a look at all the startups that raised money in funding this week.
Udaan raises another $35 million in funding from EvolutionX via convertible notes and debtUdaan’s latest funding comes close on the heels of $120 million raised through convertible notes and debt from existing shareholders and bo...
DBS, Temasek-backed EvolutionX to invest in udaanThe fund seeks to accelerate the digitisation of Asia’s economy by investing into next generation technology leaders and empowering them to...
Unlocking the growth potential of Indian tech companies with the launch of ONDCOpen Network for Digital Commerce (ONDC) established by the Department for Promotion of Industry and Internal Trade (DPIIT), is expected to...