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Used 2-wheeler startup Speedioo raises Rs 10 crore from Atomic CapitalWith the fresh capital, the company is looking to expand into a business-to-consumer (B2C) model, invest in an AI-native tech stack, and in...
IPO-bound Rentomojo doubles net profit on 37% revenue growth in FY25Rentomojo, a furniture and electronics rental startup, reported a significant profit increase to Rs 43 crore in fiscal year 2025. Operating...
H-1B fee hike risks; PhonePe's losses shrinkThe H-1B visa fee hike threatens education lenders with riskier loans. This and more in today's ETtech Top 5.
Furniture, appliances rental startup Rentomojo picks bankers for IPO, sources sayBengaluru-based furniture rental platform Rentomojo has appointed IIFL and Motilal Oswal as bankers for its planned IPO in FY27. The compan...
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.
Purplle’s extended fundraise; VCs increased scrutinyVenture capitalists are taking a hard look at early-stage startups before signing off on follow-on funding. This and more in today’s ETtech...
Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenueRentomojo reported a 60% rise in operating revenue to Rs 193 crore in FY24. Controlled rise in expenses during the year saw net profit surg...
Winners of The ET Startup Awards 2024 to be feted today, and other top stories this weekIt’s D-day! Top entrepreneurs, policymakers, and investors will come together in Bengaluru today to honour the stars of Indian entrepreneur...
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.
Discount brokers & margin funding biz; ETSA Comeback Kid winner Rentomojo eyes IPOHappy Thursday! Discount brokers are evaluating new businesses amid Sebi’s regulatory changes. This and more in today’s ETtech Morning Disp...
ETSA 2024: Comeback Kid winner Rentomojo eyes IPO in next 18 monthsETSA’s ‘Comeback Kid’ category winner Rentomojo’s founder Geetansh Bamania talks about weathering storm. Rentomojo turned profitable in FY2...
The Economic Times Startup Awards 2024: And the big winners are…Top entrepreneurs, business leaders and an international cricketer came together in Bengaluru on September 11 to pick the winners of The Ec...
ET Startup Awards 2024: Comeback Kid | Rentomojo shows off scale in its Act-II showstopperThe two top candidates that emerged after discussions were shared workspace provider Awfis, which went public in May this year, and furnitu...
ET Startup Awards 2024: Lenskart gets 10/10, bags top honoursThe award recognised Lenskart’s success in building a fast-growing, large-scale, omnichannel consumer retail venture while creating an enti...
Fintechs struggle to come together for self-regulation; epharmacies, govt officials hold talks over new rulesIndia's new-age financial services industry has faced constant regulatory scrutiny in recent years disrupting businesses across the board. ...
HCLTech Q4 net profit jumps 11%, FY23 hiring dips 60%; Twitter rival Koo lays off staffIndia's third-largest IT major HCLTech registered an 11% rise in its Q4 net profit to Rs 3,983 crore, beating the ET Now poll estimate of R...
Furlenco raises $140 million from Zinnia Global Fund, othersThe funding will help Furlenco, which offers furniture on rent, expand its geographic reach, launch new products and plans, and support mar...
Verloop raises $5 million in Series A funding from AWI and existing investorsThe customer support automation platform competes with global players like IBM Watson and Amazon's AWS Chatbot.
Never need to buy: The boom in renting everything from furnitures to vehicles'Sharing' as a business model is considered the playbook of startups, but the first example the BCG article quoted was an interesting one.
Pepperfry eyes volume from newly launched furniture rentalsThe homeware and furniture online retail market is expected to cross $1.1 billion in revenues in 2017 from $900 million in 2016 growing at ...