In a pre-Series B investment round, mortgage brand LoanKuber was able to secure $3m. undefined Pace of this investment was led by the current investor, namely Inflection Point Ventures while the other was Singapore-based TRTL VC. Other notable personalities present included Angel investors as well as LetsVenture, Mavuca Capital and Auxano. With the fresh capital…
Oyo, the hospitality disruptor recently successfully raised $175 million in Series G funding, which hardly can be considered as a salvage in a cycle of variable experience. Oyo, has now returned to the formal as it was earlier struggling in the middle of the stream in thelevelname. This new supply of cash is quite likely…
The strike by Delhi’s auto and taxi drivers highlights the ongoing tensions between traditional transport services and app-based cab companies like Ola and Uber. These drivers feel that the rise of these digital platforms has severely impacted their livelihoods, drawing away customers and reducing their earnings. The protest, which involves over 15 unions and is…
Unicommerce, the foremost SaaS provider solution for e-commerce has reported marvellous financial results for the first quarter of the fiscal year. The results demonstrated a 3% increase in revenues although it is a considerable reduction quarter on quarter and an even more impressive 22% growth in earnings. From Rs 26.5 crore in Q4 FY24 to…
Leap Finance, a fin-tech startup which helps Indian students to pursue education abroad, is looking to raise $70-100 million in its Series E round. This round is happening almost after two-years since its last Series D round happened. The company has attracted the interest of many investors and with this funding, it is preparing to…
The going has got rough for one of the foremost online travels agency in India named EaseMyTrip. The financial report of the first quarter of the fiscal year 2025 has shown rough-sailing for the company. As expected, revenue and consequently the profit level have significantly declined in comparison with the previous Q. Although it has…
The Indian government has currently launched the Digital Agriculture Mission to modernize the usa’s agriculture zone. This bold initiative goals to enhance farmers’ incomes by means of presenting them with get right of entry to to digital equipment and statistics. The undertaking will help various virtual agriculture tasks, which includes the creation of a digital…
Paytm India’s biggest digital payments service provider has said it is divesting its entertainment ticketing vertical to Zomato, a food delivery platform. The stock and cash deal is expected to be at Rs 2,048 crore and will involve the acquisition of Paytm’s subsidiaries Orbgen Technologies and Wasteland Entertainment that respectively own TicketNew and Insider. Paytm…
Fashion startup Theater raises $1.5 Mn (INR 12.45 Cr) in a Pre-Series A funding round. Founded in 2021 by Sarthak Aggarwal, Vikram Jain, Karan Jain, and Shruti Aggarwal, Theater specializes in deep fashion and offers women’s footwear, stockings, perfumes and bags. The fresh infusion of capital will further help Theater in building strong presence in…
The sultan of food-tech, Swiggy, is once again driving the market mad as the company is planning to serve its starved investors with its long-awaited IPO. The latest move? A new service fee policy that is as hot as sauce is coming; it is making the mouths of non-metro restaurant partners bitter. From August 14…
