The relatively high growth and profitability come as a shot in the arm for the Bengaluru wealthtech platform ahead of its IPO plans
Customers are frustrated with the long bank statements because of the UPI payments, and the company’s dual cards with a single statement offer them a unique solution to merge all their payments into one app
It is the blunt, abrasive but out-of-the-box thinking that excites investors who don’t mind giving entrepreneurs who have caused more than their fair share of heartburn, a second chance or more
Flipping its headquarters back to India is the last step for IPO-bound Meesho before it proceeds to file its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
Mathenz has quit citing personal reasons, sources told Moneycontrol. Pine Labs is yet to pick a successor and name a new CFO.
L2 blockchain firm Polygon is gearing up for business strategy overhaul under Nailwal’s leadership
The new funding will support Pixxel’s work on imaging payloads aimed at enhancing India’s airborne and space-based surveillance capabilities.
Led by Uni Cards co-founder Prateek Jindal, PowerUp was originally incubated within the credit card startup as a separate platform but has now been carved out as an independent entity following the fundraise.
Such a move is typical with IPO-bound companies, including Swiggy in the past and Lenskart more recently. Meesho, however, has to wait to flip back from Delaware in the US to India before proceeding with its IPO.
At its peak, Slice had more than 2 million pre-paid cards in circulation, challenging several mid-tier private sector banks' credit-card business
Rapido will aim to take on the long held duopoly enjoyed by Zomato and Swiggy in the online food delivery space. As it happens, Swiggy is an investor in Rapido.
TEAM Angels will be backing and mentoring early stage startups headquartered in Mumbai. The angel network includes some of the most prominent startup founders of India.
Zomato's parent, Eternal, has also proposed a new visibility assurance plan for brands where they can pay around Rs 6,000-6,500 each month, for each restaurant identification (RID), and boost rider availability for their business, sources told Moneycontrol.
There are some concerns about the speed of transmission of lower rates to NBFCs and fintechs, with some expecting this to take a quarter but there are others who expect at least six months
The company, which opened its first clinic in Bengaluru in March 2025, combines molecular diagnostics, high-resolution imaging, and non-invasive testing to assess early signs of physiological changes.
The Y-Combinator-backed firm is also moving its headquarter from Singapore to India, and the process is estimated to be completed within the next 12 months.
Sriram Venkataraman will continue to be the CFO of the Flipkart Group, the memo, reviewed by Moneycontrol, showed.
While Eternal led the charge by adding Rs 20,217.48 crore in market capitalisation, Swiggy added another Rs 10,373.57 crore in market cap this week, NSE data showed. The two companies saw gains during a week when their key rival, Zepto, had a busy week.
Prakash as well as MeitY’s Additional Secretary emphasised that India’s advantage in engineering talent must be complemented by deep investments in research and development, high-quality datasets, and access to scalable compute infrastructure.
Both companies are getting 1.4 percent stake for Rs 867 crore each, in a cumulative fund raise of Rs 1,735 crore (around $200 million).
Guntupalli said Rapido alone accounts for 5 lakh rides in the state, creating 1.5 lakh daily jobs, and that an estimated 8 lakh rides happen in the state across players
Gupta’s last day of work will be in June end and Tarun will be exit a month later, sources told Moneycontrol
In under a year, ZeroPearl has written 13 cheques for startups, including health-tech venture Curacare, sneaker brand Gully Labs, and AI-powered product experience management startup Catalogus
The long-awaited restructuring plan’s approval was critical to allow rebalancing of tokens that would have enabled impacted users to recover up to 85 percent of the value of tokens lost in the initial phase.
