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INFRA.MARKET RESULTS
Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...- Juspay turns unicorn; Infra.Market IPO gets Sebi nodJuspay became India's first unicorn of 2026 after a fresh funding round. This and more in today's ETtech Top 5.
- TCS, HCLTech earnings; Malaysia, Indonesia block GrokIT majors TCS and HCLTech saw profits come under pressure in Q3 despite revenue growth. This and more in today's ETtech Top 5.
- Infra.Market FY25 revenue jumps 27% to Rs 18,472 crore, profit falls 42%Infra.Market reported strong topline growth in FY25, with revenue rising sharply year-on-year, even as profitability weakened. Higher costs...
- Bike taxis hit brakes; IT’s complicated with TrumpBike taxi services face a fresh setback in Karnataka following a court ruling on Wednesday. This and more in today’s ETtech Top 5.
- Shalimar Paints: 34 entities settle takeover norms violation case with SebiAs many as 34 entities have settled proceedings related to alleged violations of 'takeover' norms in the matter of Shalimar Paints Ltd with...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Stripe pulls back from India; Oxyzo FY24 resultsCiting stricter regulatory requirements, US payments major Stripe has shifted to an ‘invite only’ mode in India. This and more in today’s E...
- Infra.Market achieves 6X growth in operational profitability, EBITDA crosses Rs 400 croreThe company's revenue grew from Rs 1243 crore in Financial Year 2021 to 6236 crore in Financial Year 2022.
- Stride Ventures expects final close of second fund in next two monthsExercising the green shoe option allows a venture capital or private equity firm to raise capital over and above its original target corpus...
- Now, tax officials raid Zetwerk; India’s four-way ecommerce fightAnother startup – Zetwerk – faces the prospect of a tax evasion probe after officials raided its offices and the homes of its founders.
- Tax trouble for Infra.Market; Walmart CEO bullish on PhonePeThe company faces an income tax investigation after officials raided its offices in many cities, sources told us.
- Stocks in the news: Bajaj Auto, Hero Moto, NTPC, Dixon, LTTS and ICICI PruBajaj Auto, L&T Info, ICICI Lombard, JSW Energy, Tata Communications, OFFS, Syngene International, Sterlite Techn, Saregama and Mastek are ...
- 2021 In Review | Indian startups bag record $36 billion funds in 2021This year, the volume of seed-stage deals dominated with nearly 396 deals aggregating to $705.86 million while about 166 investments at ser...
- Big get bigger as select startups gain most amid funding boomData sourced by ET from industry tracker Venture Intelligence showed that almost 50% of the $24.5 billion in total funds raised by Indian s...
- Indian startups raise $10 billion in a quarter for the first time, report saysA total of $10.9 billion was raised in 347 deals from July to September, according to a PwC India report. That’s twice the amount raised in...
- Stride Ventures launches second fund to invest in early to late-stage startupsStride Ventures India Fund II has a corpus of Rs 1,000 crore with a greenshoe option of Rs 875 crore to invest in early- to late-stage star...
- Gupshup lands $100 million from Tiger Global, valuation hits $1.4 billionGupshup plans to use the new capital to scale its product suite and go-to-market initiatives across the world.
- ETtech Deals Digest: Innovaccer, Infra.Market become unicorns, Zomato’s funding spreeThe week through 26 February was one of large funding deals, with Tiger Global emerging as a common thread among three of them.
- Indian startup founders still favour growth over profitabilityAround 77% of founders ranked growth higher than profitability as a focus area for 2021, according to InnoVen Capital’s Startup Outlook Rep...
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