Startup

GetVantage Boosts Growth in the Logistics Sector with ₹5.4 Crore Investment in Three Startups

Embedded finance and working capital platform GetVantage has made a significant investment in the logistics sector, committing Rs 5.4 crore to three emerging startups: Celcius Logistics, Ohm Logistics, and Fitsol. Each startup has received Rs 1.8 crore in growth...

Zerodha Launches $1 Million Fund to Support Open Source Software Projects Globally

Stockbroking platform Zerodha has unveiled a $1 million annual fund aimed at backing Free/Libre and Open Source Software (FOSS/FLOSS) projects worldwide. Announced by Zerodha's CTO Kailash Nadh, the initiative highlights the company’s commitment to fostering the open-source community, which has been integral in building its financial technology...

Mayank Kumar Resigns as Upgrad’s MD Amid Upcoming $50-60M Funding Round

In a major leadership shift, Mayank Kumar, co-founder and Managing Director of Upgrad, has announced his resignation as the company gears up for a critical $50-60 million funding round. Kumar’s departure, after nearly a decade of steering the edtech platform, comes at...

Ecom Express Champions Women Delivery Partners during Peak Festive Delivery Season

In a significant move to empower women in the logistics sector, Ecom Express Limited—India’s only pure-play B2C e-commerce logistics solutions provider—is actively championing female delivery partners during the peak festive delivery season. As demand for timely deliveries surges, Ecom...

Purplle Raises ₹1,500 Crore to Fuel Growth and Dominate Beauty Market

In a massive development for the Indian beauty and personal care industry, online beauty store Purplle has raised ₹1,500 crore in a clean funding round. This spherical noticed present investors Blume Ventures and Premji Invest doubling down on their...

Giva Raises ₹255 Crore to Fuel Omnichannel Expansion

Giva, a fast-growing omnichannel jewellery startup, has secured ₹255 crore in a prolonged Series B funding round. The investment, led by new and current buyers, highlights the increasing hobby inside the burgeoning jewellery market and Giva's capability to scale....

Sistema.bio Secures $15 Million in Funding to Drive Global Expansion of Biogas Technology

Sistema.bio, a pioneering biogas technology company, has successfully raised $15 million in a funding round led by ElectriFI, managed by EDFI Management Company. The round also saw participation from existing investors, including Chroma Impact Investment, KawiSafi Ventures, and AXA...

Licious Expands Omnichannel Presence with Acquisition of My Chicken and More

Direct-to-consumer (D2C) meat and seafood brand Licious has taken a strategic step in strengthening its omnichannel presence by acquiring Bengaluru-based offline retailer My Chicken and More for an undisclosed amount. This acquisition marks a key move in Licious’ strategy...

Indian Startups Embrace Ethical Route, Refund Investors Amid Shutdowns and Failed Pivots

In a significant shift within India's startup ecosystem, several startups, including well-funded ventures like Toplyne, are adopting an ethical approach by refunding investors after shutting down or undergoing unsuccessful pivots. This trend reflects a growing emphasis on accountability and...

Ola Ordered to Revamp Refunds and Improve Billing Transparency

The Central Consumer Protection Authority (CCPA) has directed Ola, the ride-hailing giant, to implement significant reforms on its platform following a surge in consumer complaints. Between January and October 2024, the CCPA received 2,061 complaints against Ola, primarily concerning...
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X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities

In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...
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