The Rs 6,632-crore initial public offering (IPO) received strong investor response, subscribing 17.60 times overall. The company raised Rs 2,984 crore from anchor investors
The Reserve Bank Innovation Hub (RBIH) is developing the Digital Payments Intelligence Platform (DPIP) to assign real-time risk scores to every transaction, aiming to strengthen fraud detection and bolster India’s digital payment security.
Backing 32 startups across India and the US, the firm said that the fund generated $2.7 billion in enterprise value and attracted $900 million in follow-on capital.
RBI is probably the most advanced regulator, primarily because we have found that right balance of data sovereignty, nationalist pride, still allowing international players to co-exist, he adds
The fintech holds a slight advantage over its competitors as it is a bank that can take deposits from the public, and hence the cost of funds is lower for the company and boosting the margins
Ather’s net loss for the quarter stood at Rs 154 crore, narrowing from a loss of Rs 197 crore in the same quarter last year.
Tightened ownership, attractive valuations, and a need to project long-term conviction are prompting more founders to invest personal capital into their startups, per several founders and investors Moneycontrol spoke with.
During the July-September period, Delhivery, Swiggy, Mobikwik, Urban Company, Ixigo, BlueStone and Ola Electric, all reported losses. Some firms even saw their profit profile worsen on a YoY basis.
The cloud era was about making human workflows digital. The AI era is about letting machines handle those workflows altogether. The next decade will belong to Vertical AI: specialised applications that marry powerful models with domain-specific data, workflows, and go-to- market expertise
One of the key reasons behind the improving financials was the falling cost of funds, as Slice could now receive deposits from the public, which is cheaper than loans from other financial institutions
The rapid rise in AI-linked tokens reflects investor enthusiasm for the fusion of artificial intelligence and blockchain, but questions remain about long-term value.
The Bengaluru-based startup will enable CNG and LPG autorickshaws to be converted into 15-minute fast-charging electric vehicles within 24 hours
Tiger Global, through its affiliate Internet Fund III Pte Ltd, sold a little over 1.93 crore equity shares at prices between Rs 620.45 and Rs 623.56 apiece.
After narrowing losses and doubling cash from operations in FY25, PhysicsWallah expects to post PAT-level profitability soon,co-founder Prateek Maheshwari tells Moneycontrol in an interview, adding the company is focused on steady growth rather than aggressive expansion
Zero-cost APIs for algo trading and the upcoming AI research tool 'Neome' is expected to help the bank-backed brokerage firm to stabilise in a broking industry that has seen a decline in active investors during past year
The main asset is the 25 percent stake that Byju's-parent Think & Learn holds in Aakash, ET cited a source as saying.
Novastar, a fund of funds, is registered as a CAT II alternative investment fund and is targeting the first close over the next four to six months
Founded in 2016 by Dr Arbinder Singal and Shailesh Gupta, Fitterfly is known for its clinically validated programs in diabetes reversal, obesity management, and heart health
The firm's GAAP loss from operations narrowed to $7.5 million in Q3 from $38.9 million a year ago.
Mithun Sacheti said he has made around 140 investments before the CaratLane exit and around 20 afterwards, though the cheque sizes have grown since. Sacheti added that he is a big fan of Groww.
The IPO-bound eyewear brand will let apps like Zomato, Swiggy and BookMyShow, along with indie developers, integrate AI and camera-led features ahead of its December 2025 launch.
Pine Labs has four equally important verticals, with prepaid business contributing to around 30 percent of the topline, Rau tells Moneycontrol
The industry coalition, IDTA, was launched in September at SEMICON India with $1 billion in initial capital commitments to back early-stage Indian deeptech companies across AI, semiconductors, space, robotics, biotech, energy, and advanced manufacturing.
MoEngage plans to use the fresh capital to accelerate innovation in AI marketing agents, scale product development, and strengthen go-to-market efforts in key regions, particularly North America.
Apoorv Pandey, senior vice president, strategy, and Chandresh Dedhia, VP and head of information technology at Zepto, along with other employees who have spent over three years at the startup, have also quit in recent months