iOS rollout, rising willingness to pay drive Truecaller’s premium growth in India: CEO Rishit Jhunjhunwala
In October, Truecaller crossed 3.3 million paying subscriptions out of over 450 million users
Accel partners with Google to deepen AI investment play
The two will together invest up to $2 million in at least 10 startups. Google will give founders another $350,000 in compute credits across Google Cloud, Gemini, and DeepMind
Wealthy raises Rs 130 crore in Series B funding led by Bertelsmann India Investments
The company plans to deploy the funds to strengthen its AI-led technology stack, expand into Tier II and III markets, onboard 50,000 distributors, and work toward achieving Rs 1 lakh crore in AUM.
Logistics startup Ripplr to raise Rs 400 crore in fresh round from SBI, existing investors
The Bengaluru-based firm is being valued at around Rs 2,000-2,200 crore during the ongoing negotiations, sources told Moneycontrol
Chennai-based Agnikul Cosmos raises $17 million at $500 million valuation
The space tech firm eyes reusable small-sat launch vehicle push
Groww says ‘low-quality’ F&O traders are exiting. Why it thinks that’s good for business
Groww says casual F&O traders are exiting as SEBI’s derivatives rules tighten. Profits rise, core users trade more actively despite revenue pressure.
Why did Groww's Q2 net profit rise when income from operations declined?
Groww’s red herring prospectus disclosed that the company had paid a total of Rs 614 crore one-time incentives to founders during the last fiscal
'In two years of 100% growth, we added a net total of just four people,' says Umesh Sachdev, CEO, Uniphore
Sachdev explains how the latest round came together, why Uniphore is doubling revenue year-on-year, how it has achieved this scale while adding a net headcount of just four people in two years, and what makes its Business AI Cloud central to the next phase of enterprise adoption.
Top e-commerce platforms, quick commerce startups and others tell CCPA they have eliminated dark patterns
Companies that have submitted filings include Flipkart, Myntra, Ajio, JioMart, BigBasket, Zepto, Swiggy, Blinkit, MakeMyTrip, Cleartrip, Ixigo, Tata 1mg, PharmEasy, Netmeds, Meesho, several Reliance Retail entities, Page Industries, Duroflex, William Penn, Hamleys and others.
Paytm recovers its lost UPI base after 2 years, transaction volume hits new record in October
Even though Paytm's latest quarterly revenue is below its FY 24 December quarter, the reduction in expenditure and rising merchant subscriptions have helped the company post a net profit for two consecutive quarters
Yubi raises Rs 411 crore in debt and equity capital, founder Gaurav Kumar invests Rs 75 crore
With this new equity infusion by the founder, Kumar’s equity investment in the company has crossed Rs 330 crore. In August 2024, Kumar had infused Rs 250 crore in Yubi
Bengaluru Tech Summit: Karnataka has 50% of India’s AI/ML talent pool: Bengaluru Innovation Report
The city, touted as the Silicon Valley of India, has seen a total of $13.4 billion being raised by Women-led startups, about 34 percent higher than second-best, Delhi NCR, which had a tally of $10 billion.
'AI divide may be much worse than the digital divide, if we are not careful,' says Sarvam AI's cofounder Vivek Raghavan
Sarvam plans to release a 120-billion-parameter model 'with more than 17 trillion tokens, of which 15–20% come from fully Indian data,' he noted, calling it a critical step in understanding and building AI 'from scratch'.
Inside Sedemac’s IPO: EV dilemma, TVS dependence, profit jump, and its R&D-driven engine
For any company heavily reliant on the internal combustion engine ecosystem, the accelerating global shift towards electric vehicles presents a fundamental business risk. Sedemac’s DRHP acknowledges that its success is tied to continued demand for ICE-based vehicles and components.
Indian crypto investors made contrarian bets as Bitcoin tumbled below $90,000
Industry experts aren’t too worried about the 30% crash of Bitcoin from its peak in 2025. Their reason: it is a short-term bull market correction and not a cyclical event.
Digital gold players to form self-regulatory organisation by Nov-end after SEBI caution
The investment in digital gold by Indians is estimated to be around Rs 55,000 crore, backed by physical gold kept in vaults managed by companies like MMTC, SafeGold and Brink’s
ED raids Gameskraft, WinZO in Bengaluru, Delhi, Gurugram over alleged algorithm rigging, crypto trail
FIRs by victims allege these gaming firms manipulated app algorithms to disadvantage players; searches also found promoter-linked crypto wallets, indicating possible laundering through cryptocurrencies, sources told Moneycontrol.
Akshayakalpa Organic in talks to raise Rs 350 crore from Temasek’s ABC Impact, Narayana Murthy's Catamaran, others
The company's valuation is also set to jump nearly 3X from Rs 590 crore three years ago to Rs 1,500 crore now, sources told Moneycontrol.
Agilitas nears Rs 450 crore fundraise deal with Nexus Venture Partners
While the commitment is in, the amount will be wired to Agilitas in two tranches of $25 million (Rs 225 crore) each, sources told Moneycontrol.
Dhanteras brings sparkle to digital gold sales, surge by 62% in October
The sale of digital gold through online platforms has been steadily rising all year, going up from Rs 762 crore in January this year to Rs 2,290 crore in October
Lenskart announces launch of Meller sunglasses in India
The company will bring the sunglasses to its online channels and select offline stores in addition to John Jacobs, its premium lifestyle eyewear collection, and Owndays, a Japanese optical brand that it acquired a few years ago
MC Interview: Semiconductors are my latest crush, says Groww investor Ashish Agrawal
In this conversation, Agrawal explains why Peak XV resisted selling in multiple up-rounds, how early product calls set Groww apart, why public-market readiness begins years before listing and and what the firm is betting on as it looks for the next Groww.
Peak XV strikes gold with Groww, Pine Labs: Rs 350 crore bet delivers Rs 22,600 crore outcome
With this, Peak XV will rank among the most successful VC firms in terms of exits, as it stands to gain over $2.6 billion, with several of its portfolio companies, including Meesho and Wakefit, expected to go public in the coming years.
Legal tech startup Nyayanidhi raises $2 million in seed round led by 3one4 Capital
Founded in 2024 by Adithya LHS, Chakshu Masagali, and Pratik Pany, Nyayanidhi is building an AI-driven platform designed to automate drafting, translations and filings for litigation.
