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FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.- B2B quick commerce startup Fairdeal raises $15 million from Bertelsmann India, othersB2B quick commerce platform Fairdeal.Market has secured $15 million in a funding round led by Bertelsmann India Investments. The company ai...
- Yes Madam raises Rs 50 crore from Sanjeev Bikhchandani’s Info Edge growth fundHome salon platform Yes Madam secured Rs 50 crore in its first institutional funding. Info Edge's B8 Fund-I led the investment. The funds w...
- Of kitchens & cosmetics: Snabbit forays into beauty services after home cooksInstant house help platform Snabbit has launched a salon-at-home offering, connecting customers with beauty professionals within minutes. P...
- 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...
- 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...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- 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...
- Quick service platform Snabbit appoints Abhinav Ankur as chief business officerQuick service platform Snabbit has appointed Abhinav Ankur as its chief business officer. This move comes as the house help segment experie...
- Pronto crosses 500,000 bookings in March as platform completes a yearPronto has crossed 500,000 completed bookings and reached 22,000 daily orders by March-end, marking one year since launch. Growth in the ho...
- German children's book publisher sues OpenAI over copyrightPublishing giant Penguin Random House announced a lawsuit against OpenAI on Tuesday, alleging that the AI-powered ChatGPT violated copyrigh...
- VC fund Bertelsmann takes majority stake in logistics firm Lets TransportBertelsmann, which owns publisher Penguin Random House and is also active in services and education, has held a stake in Lets Transport sin...
- Germany's Bertelsmann strikes deal with OpenAIBertelsmann, whose businesses include major European broadcasting group RTL and publisher Penguin Random House, said using the generative A...
- Indian-origin Nihar Malaviya named interim CEO of publishing giant Penguin Random House"Following Nihar Malaviya's appointment, the GMC will comprise 20 top executives of eight different nationalities," the publisher's parent ...
- Bertelsmann raises $500 million to deploy in IndiaThe growth stage-focused firm that does not have an India-dedicated fund but invests out of the parent’s balance sheet will now look to do ...
- German media group plans to invest $200-250 mn in Indian startupsThree years after it made its first investment in India, Bertelsmann India Investments (BII) has a deployment book of $150 million, having ...
- Kaizen, Bertelsmann to invest Rs 22 cr in Educomp's online bizEducomp Solutions today said Kaizen Private Equity and Bertelsmann will invest Rs 22 cr in its e-tutoring and education subsidiary, Authorg...
- Bertelsmann wants to sell Sony BMG stake to SonyGerman media group Bertelsmann is in talks with Japanese partner Sony on the sale of the former's half in their jointly owned music company...
- Bertelsmann may sell stake in SonyGerman media group Bertelsmann is considering selling a part of its 50% stake in Sony BMG, the music recording company it jointly owns with...
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