Elevation Capital closes $500 million India fund; to back startups building on AI’s app layerThrough its ninth India fund, Elevation will back early-stage startups building AI-led businesses tackling India's large, operationally com...
Tech IPOs find stable ground in India’s deepening markets: B CapitalIPO pricing for venture-backed companies in India has stabilised as deeper markets, supported by domestic mutual funds, provide more stabil...
WestBridge Capital invests Rs 170 crore in Elevate EducationElevate Education has secured Rs 170 crore funding from WestBridge Capital. The company plans to expand its campus partnerships and technol...
No strings attached: Flipkart cuts seller fees for fashionSeller commission refers to the fee digital commerce companies charge sellers for enabling product sales on the platform. This fee ranges f...
Meesho, Dailyhunt investor B Capital closes $500 million early-stage fundThe new fund will invest mainly in seed, Series A, and Series B rounds across technology, healthcare, energy, and frontier technology compa...
Karnataka HC judge recuses from hearing gig worker welfare law petitionsJustice Suraj Govindaraj recused himself from hearing petitions challenging Karnataka's gig worker law due to a potential conflict of inter...
SoftBank completes second $10 billion tranche of its $30 billion OpenAI investmentSoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a br...
Institutional demand sparks surge in block deals as promoters book profitsPromoters and large shareholders are cashing in on a stock market rebound, offloading shares worth over ₹24,000 crore in May and June. This...
Platforms, IAMAI move Karnataka HC against gig workers welfare lawThe petitions come after the state government did not respond to IAMAI's request to defer the levy of the gig workers' welfare fee until th...
ETtech Q&A | We don't intend to get into last-mile quick commerce delivery: Delhivery CEO Sahil BaruaGurugram-based Delhivery, which went public in May 2022, had been the bellwether for the performance of India’s ecommerce industry until th...
Nifty indices rejig goes live today: Which stocks will see biggest inflows and outflows?The NSE’s quarterly index rebalancing takes effect today, triggering significant passive fund flows across Indian equities due to changes i...
PayU India posts first full-year operating profit in FY26; revenue rises 13%During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In th...
Logistics market can’t support more than three players, further consolidation likely: Delhivery's Sahil BaruaDelhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments while continuing to push hard to expan...
Where are the unicorns of 2021In 2021, India witnessed a surge of 39 startups achieving unicorn status. Following a period of easy funding, these companies, including Cr...
Meesho CHRO Ashish Singh quits in second senior-level exitIn an internal note to employees, CEO Vidit Aatrey said Singh will remain through the transition period and help in finding his successor. ...
Buy, Sell or Hold: Citi initiates buy on Meesho; Elara Capital recommends buy on Mahindra LogisticsBrokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects. Citi initiates coverage on Meesh...
Meesho shares rise 2% as Citi initiates coverage with Buy rating. Here's whyInternational brokerage Citi initiated coverage on Meesho with a 'Buy' rating, setting a target price of Rs 210 and anticipating a 23% upsi...