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PORTER FY25
Kauvery Hospitals' promoters look to buy back 5% stake from LightrockKauvery Hospitals' leadership is engaged in discussions to repurchase shares from the investor Lightrock, with the valuation of the healthc...- Logistics startup Porter lays off 300-350 employeesLogistics firm Porter has cut around 300–350 jobs to reduce costs as it prepares for a potential public listing. The company turned profita...
- Quick service app Snabbit strengthens leadership, shifts headquarters to BengaluruQuick service app Snabbit is expanding nationwide. The company has appointed new leaders for product and technology. Snabbit has also moved...
- Blinkit dominates qcomm; Porter's profitable yearBlinkit has surged ahead in India's 10-minute delivery sector, boasting a market share of over 50%. This and more in today's ETtech Top 5.
- Porter logs 57% revenue growth in FY25, turns profitablePorter, an on-demand logistics aggregator, saw its operating revenue rise 57% to Rs 4,306 crore in FY25, turning profitable with a net prof...
- Top tech and startup 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.
- Porter's pre-IPO fundraise; OpenAI scales India plansPorter is about to close an extended funding round, which could be one of the largest this year. This and more in today's ETtech Morning Di...
- Vashishtha Luxury Fashion IPO opens for subscription today. Check GMP, price band and other detailsVashishtha Luxury Fashion, a Mumbai-based export house, launched its IPO on Friday, aiming to raise Rs 8.87 crore. The IPO, priced at Rs 10...
- ET Startup Awards 2025 | Startup of the Year: Strong governance, brand equity win day for this Urban CompanyThe jury chose Urban Company from a stellar list of nominees after debating extensively the relative merits of the founding teams and the p...
- Jumbotail hits $1 billion valuation in new funding led by Standard Chartered's investment armJumbotail has also completed its acquisition of Solv India, a B2B commerce and financial services platform incubated by SC Ventures. The fr...
- Zomato and Temasek-backed Shiprocket pre-files DRHP with Sebi for IPOShiprocket IPO: The proposed IPO is anticipated to be in the range of Rs 2,000 to Rs 2,500 crore, according to an earlier report by ET. It ...
- Shiprocket to soon file confidential prospectus for Rs 2,000-2,500 crore IPOShiprocket, backed by Zomato, is preparing to file for an IPO with SEBI, aiming to raise Rs 2,000-2,500 crore. The company, which manages s...
- Flipkart‘s quick breather; Now hiring: AI leadersHappy Tuesday! Flipkart is going slow on the expansion of its quick commerce service to control costs. This and more in today’s ETtech Morn...
- Top tech and startup 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.
- States chase chip billions; Porter’s unicorn roundHappy Friday! Uttar Pradesh and Gujarat are moving swiftly to attract major electronic component manufacturers with new incentive schemes. ...
- Porter joins unicorn club with $200 million funding round; valuation hits $1.2 billionThe funding round for the on-demand logistics platform marked the exit of its early investors -- Peak XV Partners fully sold off its positi...
- Fake news frenzy post Operation Sindoor; Porter’s unicorn roundFollowing India’s Operation Sindoor, social media platforms are battling fake content and disinformation. This and more in today’s ETtech T...
- Indians get a new borderless prepaid multi-currency travel cardThomas Cook India has launched the Borderless Prepaid Multi-Currency Travel Card to cater to the increasing overseas travel spending by Ind...
- Several Indian startups end FY24 with better bottom line amid funding challengesMore than two dozen startups in India improved their financial performance in FY24 with a revenue of over Rs 500 crore. Startups like Purpl...
- Zomato launches hyperlocal delivery service Xtreme to leverage 3-lakh strong delivery fleetXtreme, which was launched late last month, targets both small and large merchants for delivering small packages intracity on the lines of ...
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