Startup

Anandamoy Roychowdhary Exits Peak XV Partners Amid Strategic Shifts

In a significant leadership shift, Anandamoy Roychowdhary, Partner at Peak XV Partners, has announced his resignation, effective November 30, 2024, after an 11-year tenure. His exit follows the departure of Piyush Gupta in late 2023, marking a transformative period...

IndiaMART Deepens SaaS Focus with ₹14.3 Crore Investment in Mobisy Technologies

IndiaMART InterMESH, India’s leading online B2B marketplace, has announced an additional investment of ₹14.3 crore in Mobisy Technologies. This move highlights its strategic push toward expanding SaaS (Software as a Service) solutions for businesses.The deal includes the acquisition of...

Hero MotoCorp Launches ‘Hero For Startups’ Initiative to Drive Mobility Innovations

India’s largest two-wheeler manufacturer, Hero MotoCorp, has launched the 'Hero For Startups' accelerator program, designed to foster technological innovation and sustainability in the mobility sector. This 12-month initiative seeks to partner with emerging startups that are pushing the boundaries...

How StockGro’s $2 Million ESOP Buyouts Set a New Standard in Employee Rewards?

StockGro, a Bengaluru-based fintech platform founded by Ajay Lakhotia, has demonstrated its dedication to employee growth and satisfaction through two significant Employee Stock Option Plan (ESOP) buyouts in the last two years. These buyouts enabled employees to monetize their...

Awfis Space Solutions: From Startup to Co-Working Powerhouse, Backed by Big Investments

Awfis Space Solutions started as a disruptor in India’s real estate market, aiming to address the growing need for flexible workspaces. It has since grown to operate over 160 centers, hosting a wide range of clients, from startups to...

Solarworld Energy Solutions Raises ₹110 Crore in Pre-IPO Round, Reduces IPO Target to ₹440 Crore

Solarworld Energy Solutions has secured ₹110 crore through a pre-IPO placement, attracting key investors like ValueQuest Investment Advisors. This fresh funding reduces the company's upcoming IPO target from ₹550 crore to ₹440 crore, streamlining its financial strategy as it gears...

Innov8 in Talks for ₹100 Crore Funding: Aiming for ₹1,200 Crore Valuation in India’s Booming Workspace Sector

Innov8, one of India’s leading coworking startups, is reportedly in advanced discussions to raise ₹100 crore ($11.9 million). The funds aim to help the company double its coworking centers and bolster its presence in the managed office space, an industry poised for...

OneCard Raises ₹239.4 Crore: What’s Next for India’s $1.4 Billion Fintech Unicorn?

OneCard, India's mobile-first credit card platform, has raised ₹239.4 crore ($28.5 million) in equity funding from leading investors Better Tomorrow Ventures, Peak XV Partners, and Z47. This marks the company's first equity investment in 2024, boosting its valuation to $1.4 billion.The funding...

8i Ventures Launches Second Phase of Origami Program to Support Pre-Seed Startups

8i Ventures, a leading venture capital firm, has unveiled the second phase of its Origami program, committing $10 million to support 5-6 high-potential pre-seed startups. The initiative focuses on nurturing early-stage ventures with innovative ideas and scalable solutions, building on the success...

Matrimony.com Expands Beyond Matrimony Services with ManyJobs.com

After over 20 years in matrimony services, Matrimony.com has entered the domestic job market with ManyJobs.com, India's first dedicated grey-collar job portal. The platform, announced by CEO Murugavel Janakiraman, aims to connect job seekers in sectors like customer service, retail,...
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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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