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Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...- ETtech Explainer: What Pronto’s new video recording feature means for your privacyPronto's service professionals — who provide cleaning, washing, and meal preparation services — record their activities, generating videos ...
- Customers unsure about making house help apps a habit even as investors fall for the crazeQuick commerce is transforming domestic help hiring in India. New apps offer on-demand house help, attracting investor attention. These pla...
- Instant house help startups see bookings top three million in April amid labour shortageAs platforms raise prices and battle for workers, questions are emerging around the long-term size and profitability of the 10-minute house...
- Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...
- Quick-service apps compete to woo women workers away from the informal economyQuick-service apps like Snabbit and Pronto are formalising the domestic workforce with flexible shifts and attractive monthly payouts, draw...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Instant house-help startup Pronto bags $20 million as valuation doubles to $200 millionInstant house help startup Pronto has secured $20 million, doubling its valuation to $200 million. This funding will fuel supply scaling am...
- Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
- Instant domestic help apps face worker unavailability amid rapid scaling, high competitionInstant domestic help platforms like Urban Company, Snabbit, and Pronto are experiencing worker shortages. This is causing limited availabi...
- Snabbit raises $56 million from Susquehanna VC, Mirae, others; valuation doubles to $350 millionSnabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- Gig workers’ body writes to labour ministry to mandate heatwave protectionApp-based transport workers are demanding mandatory heatwave protection, including paid breaks and access to water, under the Code on Socia...
- Tech investor Lachy Groom in talks to back Pronto; valuation set to double at $200 millionUS investor Lachy Groom is in talks to invest $15-20 million in Pronto. This funding round values the instant househelp startup at $200 mil...
- It is still a dream in US: From food to grocery to maid, NRI stunned with fast, affordable services in India. Gets blown away by Delhi-Dehradun expresswayA visitor from the United States was surprised by India's rapid grocery delivery, affordable home help, and instant digital payments. He al...
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
- Zepto vs rivals; Cybersecurity goes outsourcedAs Zepto lines up a public markets debut this year, a look at how it stacks up against rivals Blinkit and Instamart. This and more in today...
- In India, $1 housekeepers spark a consumer, worker frenzy despite safety risksSome Indian startups are offering house help for as little as $1 an hour, attracting thousands of women seeking work and consumers eager fo...
- Quick service app Pronto moves headquarters to BengaluruPronto has moved its head office to Bengaluru from Gurugram. The company seeks to leverage the city's strong engineering and tech talent po...
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