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UDAAN 2024 PERFORMANCE
AITS raises $4 million in pre-series A to expand Rysen School network across IndiaInvestment by Big Capital, Redbrook Fund to accelerate expansion of the Rysen School network and strengthen its future-ready, technology-in...- Consumer founders’ deeptech play; VC fundraising swells in 2025Happy Wednesday! With the deeptech wave rising in India, consumer tech founders are moving in. This and more in today's ETtech Morning Disp...
- Girish Mathrubootham exits Freshworks: A timeline of the SaaS major’s 15-year journeyThe vision of the founder of the company is summed up in one of his posts: “I wanted us to think and act like a global company even if we w...
- Rohit Kapoor on Swiggy’s food delivery slowdown; Group life insurance gains tractionHappy Tuesday! As the food delivery market cools, aggregators are scrambling to find growth avenues. This and more in today’s ETtech Mornin...
- 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...
- Udaan logs lower net loss, flat operating revenue in FY24After two rounds of layoffs in 2023, the ecommerce platform had 1,500 employees on its roll at the beginning of 2024, compared to the peak ...
- Binny Bansal, CaratLane’s Sacheti back Xeed Ventures; decoding fintech’s AMC bizXeed Ventures, an early-stage fund run by Sailesh Tulshan, which was formerly known as 021 Capital, has also roped in Premji Invest as an L...
- Ecommerce growth slows; Ola Electric raises debtThe decline was indicative of softer demand as order volumes shrunk, even as the uptake of expensive items helped keep up overall sales. Ho...
- Investors bet on new-age food startups; ride-hailing apps up driver incentivesNew-age food startups seem to have become appetising enough for investors to pump in money. This and more in today’s ETtech Morning Dispatc...
- Deals in consumer, retail fell by a third in 2023, transaction value down 9% - Grant Thornton BharatDeals within ecommerce nearly halved by value to 3.3 billion while the number fell 70% to 124 deals. Apparel and retail, however, saw deal ...
- Udaan’s valuation plummets; draft rules for fintech self-regulatory bodiesBusiness-to-business (B2B) ecommerce platform Udaan has taken a major hit with its valuation being chopped by nearly half to $1.8 billion i...
- Deepfakes a ticking bomb for video KYCs; Indian startups cut 28,000 jobs in brutal 2023Nithin Kamath, the chief executive of Zerodha, one of India’s largest stockbrokers, took to social media to post a deepfake image of himsel...
- Bhavish Aggarwal's Krutrim AI plans; Elevation Capital report on startup outlookOla founder Bhavish Aggarwal on Friday unveiled the large language model (LLM) Krutrim, which he described as ‘India’s own AI’. This and mo...
- Now, P2P lending players under RBI lens; BigBasket, Town Essentials tussle is backThe emerging peer-to-peer (P2P) lending industry is the latest to attract the attention of the Reserve Bank of India (RBI).
- Reliance’s answer to Nykaa; gaming startups write to FMTwo startups that Reliance acquired in the past three years, Fynd and Netmeds, are working together on the conglomerate’s omnichannel beaut...
- Full text of FM Nirmala Sitharaman's Budget speech"In May 2019, Prime Minister Modi received a massive mandate to form the government again."
- Budget 2019 speech by FM Piyush Goyal: Full textTo promote entertainment industry - Single window clearance for ease of shooting films, available only to foreigners, is now going to be ma...
- Budget 2019: Read full text of Piyush Goyal's speech in ParliamentIn Budget speech, FM not only tried to woo the middle class, but also tried to address rural stress.
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