VCs double down on high-growth bets as select startups ratchet up steep valuationsIndian mid-stage startups are seeing significant valuation surges despite a broader funding slowdown, indicating a concentrated pool of hig...
04 Apr, 2026, 09.59 AM IST
Rapido's new backer; Blinkit gets funding boostAravind Sanka's Rapido has added a new investor to its ongoing $600 million round. This and more in today's ETtech Top 5.
12 Mar, 2026, 08.00 PM IST
Rapido FY25 revenue jumps 44% to Rs 934 crore, loss narrows 30% to Rs 258 croreBengaluru-based Rapido's net loss for FY25 came in at Rs 258 crore, down 30% from the year ended March 2024. This was mainly on a marked im...
21 Jan, 2026, 10.45 AM IST
B2B seafood marketplace Captain Fresh withdraws IPO papersCaptain Fresh has pulled its IPO application to prioritise the acquisition of Frime, a leading Spanish tuna producer. This deal features a ...
30 Dec, 2025, 01.44 PM IST
Swiggy doubled operating loss in H1 on quick commerce spends: ProsusBetween April-September 2025, the Instamart parent saw its adjusted earnings before interest, taxation, depreciation, and amortisation (Ebi...
24 Nov, 2025, 05.46 PM IST
Meesho IPO: Ecommerce platform files updated papers for $800 million IPO; eyes December 2025 listingMeesho IPO scheduled for December 2025. The ecommerce company aims to raise approximately Rs 5,800 to Rs 6,600 crore. This move will make M...
19 Oct, 2025, 09.23 AM IST
Urban Company raises Rs 854 crore from anchor investors ahead of IPOUrban Company has secured Rs 854 crore from anchor investors, including GIC, Fidelity, and Norges Bank, ahead of its Rs 1,900-crore IPO lau...
09 Sep, 2025, 10.40 PM IST
PayU expects 5% profitability margin in near term as new revenue lines kick inThe digital payments major had reported a 2% operating loss in the financial year 2025. According to CEO Anirban Mukherjee, once the compan...
25 Jun, 2025, 11.28 PM IST
PayU India reports Rs 5,778 crore revenue in FY25; remains operationally lossmakingPayU India's payment division achieved breakeven in the second half of fiscal year 2025. Revenue grew due to deeper market penetration and ...
25 Jun, 2025, 06.59 PM IST
Nexus Venture to invest Rs 125 crore in Rapido ahead of food delivery launchRapido is also chalking out plans to enter the insurance distribution space where it could target its driver partners and customers for pro...
09 Jun, 2025, 07.25 PM IST
PayU gets final nod from RBI to process online business paymentsThis comes a year after PayU received in-principle approval and more than two years after its licence application was returned by the Reser...
13 May, 2025, 07.33 PM IST
Prosus has invested $8.6 billion in India, remains a key market: CEO Fabricio BloisiProsus remains bullish on India, having invested $8.6 billion and seeing significant opportunities. Swiggy's successful IPO, where Prosus o...
08 May, 2025, 07.55 PM IST
PayU’s chief investment officer Vijay Agicha quitsVijay Agicha, chief investment and transformation officer of PayU, has resigned. He may join an investment firm. His departure follows rece...
27 Dec, 2024, 11.33 AM IST
Qcomm expands; Black Friday sales growHappy Tuesday! Flipkart and Swiggy up the quick commerce ante. This and more in today’s ETtech Morning Dispatch.
03 Dec, 2024, 07.41 AM IST
Prosus funds Mintifi, Vastu Finance; Swiggy expands BoltProsus is preparing for a ramp-up in its India IPO pipeline. This and more in today’s ETtech Top 5.
02 Dec, 2024, 08.23 PM IST
Prosus invests in Mintifi, Vastu Finance; eyes more India IPOs after Swiggy listingThe company revealed that it has secured 11% stake in supply chain finance firm Mintifi for approximately $80 million. It also acquired 8.4...
02 Dec, 2024, 05.36 PM IST
Groww’s $160 million tax payout; PhonePe’s losses fallDespite a significant growth in revenue, Groww posted a net loss in FY24. This and more in today’s ETtech Top 5.
21 Oct, 2024, 07.57 PM IST