Cavi, a startup that delivers bay products in 30 minutes, is in advanced stages of raising $3-4 million from Stellaris Venture Partners. Its rival, Ozi, is raising a similar amount from Blume Ventures, sources told Moneycontrol.
With several lenders exposed, Vaidyanathan was appointed as a neutral monitor to oversee fund flows, tighten disbursements, and ensure no payouts happen without lender oversight.
The new setup brings all of the firm's major functions together at a single location, placing the company closer to rivals like Swiggy and Flipkart, which also have offices in the same vicinity.
Moneycontrol had reported earlier on May 29 that the reverse flip was officially completed, bringing the company’s headquarters under Indian jurisdiction.
The secured lending business (Loan against Securities), which began active retail operations in 2021 via NBFC Zerodha Capital, posted a revenue of Rs 36 crore, with a profit of Rs 12.25 crore in FY25, up from Rs 7.2 crore a year ago. The firm declined to comment on the latest capital infusion.
Razorpay launched the process to move its parent entity to India from the United States in May 2023, ahead of its plans to list on Indian bourses
IFC has proposed an equity investment of up to $30 million in the fund, capped at 19.9% of total commitments, and an additional $30 million under a delegated co-investment
What started as a SaaS platform for teachers is now a company dealing with hardware, building its classroom kits in-house in partnership with contract manufacturers like Zetwerk
The move is expected to bolster Google's retail presence in India, the world's second largest smartphone market.
Dark patterns mislead users into unwanted actions. The government is now cracking down with audits, rules and new tech tools
New areas in infrastructure such as data centres, digital infrastructure, logistics, warehousing and the like may attract PE funds, but there are myriad risks and challenges too
Nexus Venture Partners and Lightspeed, key investors in Snabbit also happen to be backers of Zepto, where Snabbit founder Aayush Agarwal previously worked, underscoring investor confidence in the space. In fact, the space is so hot that it helped Snabbit close the round in "under a week."
The story-telling platform has over 1.6 million writers and over 12 million active monthly readers. Over 10 million stories have been published so far with 627 million stories being read in a month.
Rooter forayed into gaming commerce last year with the launch of Rooter Shop, a digital marketplace offering in-game currencies, vouchers, and digital gift cards across various categories.
Moneycontrol was the first to report in September that Bansal and Daga were set to launch Saarathi Finance, an MSME-focused NBFC, and were in talks to raise equity capital at a projected valuation of Rs 1,000 crore
Munjal, who has been contemplating stepping away since last year, is said to have formally communicated his intent to the board in March this year.
Brad Feld’s book ‘Give First’ champions mentorship without expectation, showing how intentional generosity can build thriving startup ecosystems. In this article the author talks about urging communities to build trust, give generously, and institutionalise support for lasting entrepreneurial impact
The resurgence comes amid the rapid expansion of quick commerce platforms like Zepto, Blinkit, and Swiggy Instamart, which have significantly increased the need for reliable delivery fleets.
The funding will value Cred at approximately $3.5 billion, a sharp drop from the previous $6.5 billion valuation amid a broader funding slowdown in India’s startup ecosystem.
Broking firms are bracing for higher taxes on trading during the current fiscal, have been earning lower exchange rebates since the middle of the last fiscal, and are facing stricter restrictions on retail F&O trading since late last year
The latest round, which brought the total funding to $6.25 million, saw participation from existing investor Chiratae Ventures, as well as Navam Capital and Ashok Atluri, founder of Zen Technologies.
The fund will extend Multiples’ investments in Vastu Housing Finance, Quantiphi, and APAC Financial Services, with backing from global investors
The fundraise is a shift in Citykart’s investor base, where early backer Investcorp made a complete exit while India SME Fund continues to hold a minority stake.
FirstCry parent's revenue from operations rose 16 percent on year to Rs 1,930.3 crore in Q4FY25, but fell fell 11 percent from Rs 2,172.3 crore a quarter ago.
The current funding is part of the $300million Series F round where GIC has also put in $150 million
