BUSINESS
SaaS firm Zluri raises $20 million funding led by Lightspeed Venture Partners
Zluri will utilise the funding to expand generative artificial intelligence (AI) capabilities in enterprise SaaSOps
BUSINESS
Fintechs jump onto digital lending frenzy as disbursement volumes double in FY23
Lending-focused companies dominated startup funding this year, attracting approximately a third of all investments. Paytm and BharatPe have also bolstered their management leadership in the lending verticals, as a substantial portion of their revenue stems from lending operations
BUSINESS
PhonePe enters PoS device market to take on Pine Labs, Paytm and Razorpay
The PoS device market is presently dominated by players like Pine Labs, Razorpay and Paytm. As per RBI's data available as of May 2023, there are around 79 lakh PoS devices across India.
BUSINESS
Plum Insurance forays into business insurance space, targets startups and SMEs
BUSINESS
Indian SaaS sector funding for H1 of 2023 plunges 81% year-on-year
BUSINESS
Uber India seeks support of Bengaluru users to legalise bike taxis
BUSINESS
Flipkart veteran Anil Goteti’s Scapia raises $9 million led by Matrix Partners
BUSINESS
Lendingkart raises Rs 200 crore in debt financing, to clock disbursals of Rs 6,000 crore in FY24
BUSINESS
Arkam Ventures launches Fund II, targets $180 million total corpus
BUSINESS
Coming Soon! A prepaid card for the Bharat market from RuPay and Payworld
BUSINESS
Freshworks taps generative AI wave, launches Freddy Copilot for developers
BUSINESS
Ola co-founder Ankit Bhati opens up about his new SaaS startup Amnic
BUSINESS
Flipkart veteran Anil Goteti launches Gen Z and Millenial-focussed fintech startup
BUSINESS
Bus mobility platform IntrCity clocks Rs 290 crore of revenue in FY23, plans to enter Kerala, MP and Maharashtra
BUSINESS
Why fintechs are cheering RBI’s guideline allowing 5% default loss cover
BUSINESS
SaaS firm Freshworks undertakes another round of performance-based layoffs
BUSINESS
Atlanta-based Greenlight sets up Development Centre in Bengaluru
BUSINESS
Ola Electric picks Stan Chart veteran Topsy Mathew as corporate finance head ahead of IPO
BUSINESS
Indian SaaS industry to reach $26 billion in revenues by 2026: Report
BUSINESS
EV startup River raises $15 million led by Al Futtaim Group
BUSINESS
India’s diamond city Surat is now mining SaaS startups for the world
BUSINESS
Government agencies, enterprises keen on adopting Zoho's Ulaa web browser
BUSINESS
Capillary Technologies raises $45 million in Series D funding round
BUSINESS
Razorpay partners with Axis Bank, NPCI to launch Turbo UPI
