Fasal, which was once the brightest star in the farmtech cluster, has been reduced to shooting star that is plummeting down. The startup, which had claimed it would change agriculture forever using a blend of AI, IoT and crop science is now just a fruit vendor. With funds worth $18 million including an injection of…
Delhivery, a logistics startup based in Gurugram, has left industry experts in awe as it did more than just break even and actually recorded a profit of INR 54.35 crore during the first quarter of FY2025, which is a significant difference from its INR 89.48 crore loss in the same period last year. The freight…
Country Delight, the dairy sweetheart, comes back to public view with an additional Rs 70 Crore injection of debt from loyal investor Alteria Capital. This is also the second instance this year that Alteria has backed its Gurugram-based start-up meaningfully demonstrating belief in the growth progress envisioned. Country Delight, best known for delivering farm-fresh milk…
Introduction Unacademy, a pioneering ed-tech startup in India, was founded in 2015 by Gaurav Munjal, Roman Saini, and Hemesh Singh. What began as a humble YouTube channel offering educational content soon transformed into a comprehensive online learning platform, aiming to democratize education by providing high-quality resources to everyone, irrespective of their geographical location. Over time,…
The quick commerce arm of the IPO-bound grocery and food delivery business unicorn has appointed Sairam Krishnamurthy as the senior vice president (SVP) and chief operating officer (COO). In this new role, Krishnamurthy is set to oversee Instamart’s operating units, which will include dark store operations, infrastructure operations, city growth, and expansion. Krishnamurthy has over…
Flipkart Minutes, a quick commerce arm of the retailer giant, is live in HSR, Bellandur, and a few areas of Bengaluru. The e-commerce major had been planning to enter the 10-minute delivery service space for the past six months. As per reports, the company is delivering groceries, electronics, smartphones, and other products for about 10…
Established in 2010 by Nithin Kamath, Zerodha Broking Ltd. has emerged as a pioneering force in the Indian financial services sector. This Bengaluru-headquartered company, with a robust workforce exceeding 4,000 employees across more than 20 cities, offers a wide array of services, including retail and institutional broking, currencies and commodities trading, margin funding, and mutual…
Edtech giant Byju’s has managed to dodge a bullet by reaching a settlement with the Board of Control for Cricket in India (BCCI). The company was facing a potential insolvency crisis after defaulting on a Rs 158 crore payment to the cricket board. To avoid a takeover, Byju’s has agreed to pay the entire amount…
FirstCry FY24 revenue crosses Rs 6,500 Cr; GlobalBees contributes 18.6%. FirstCry received approval for its initial public offering (IPO) from the Securities Exchange Board of India (SEBI) earlier this month.Ahead of the IPO, the company has disclosed its annual financial report for the fiscal year ending March 2024.The Pune-based firm’s revenue grew 15.1% in the…
“In the last 10 years across all geographies, India has been the best in terms of returns,” said Vishesh Shrivastav, managing director (India), Temasek, in an interview with Mint on Monday. Temasek did not disclose its total mark-to-market exposure to India in previous years as this is a new metric that the firm is tracking….
