Social learning platform Startup Bluelearn announced on Sunday that it has ceased operations, citing difficulties in achieving rapid growth. The three-year-old company will return 70% of the capital it raised to its investors.Based in Bengaluru, Bluelearn had raised nearly $4 million in two rounds from Elevation Capital, Lightspeed, Titan Capital, and 2am VC. The platform…
Zoomcar Self-drive car rental start-up is ready to unleash its break-neck pace on its journey to profitability. The adjusted Ebitda loss in Q1 FY25 came in at a considerably lower figure than at the same period last year, with the company having slashed it by more than half. This is quite impressive and it goes…
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…
Hangyo – an Indian ice cream manufacturer and supplier – has been able to recently ink a $25 million funding deal. It will further support the growth and expansion strategies of the company so as to improve the production capacity, launch new flavours and increase its market share. With this new capital in its kitty,…
SaaS firm Unicommerce, which was not well-known until the IPO, has topped the most anticipated Ola Electric in terms of its IPO. Softbank backed Ola had a higher valuation and a larger issue size, but it did not invoke the kind of response Unicommerce did. The comparison of two IPOs shows the change in tendencies…
Introduction Airbnb, the globally recognized hospitality platform that connects hosts with travelers, has witnessed significant success in India, a nation rich in cultural diversity, with a rapidly growing middle class and a booming appetite for travel. Since its official launch in India in 2016, Airbnb has emerged as a formidable player in the hospitality industry,…
It seems like Brickwork’s substantial investment in Icons League Cricket (LLC) is set to significantly boost the league’s operations and expansion plans. With the league being valued at Rs 350 crore, the Rs 39 crore infusion will likely enhance the league’s infrastructure, marketing, and talent acquisition efforts. The LLC, which was founded in 2021 and…
That’s exciting news! ONDC’s new digital loan service could really shake things up by making access to funds easier and more inclusive. The speed of approval—just six minutes—along with the ability to apply directly through popular apps like Easypay, Paisabazaar, and Tata Digital, makes this a game-changer for many people, especially those who might have…
Nykaa on a Share Spree! The beauty giant has once again rewarded its employees with a fresh batch of equity shares. This is the second such allocation in recent weeks, signaling a strong belief in the company’s future. With a promising 22-23% revenue growth projected for the upcoming quarter, Nykaa seems to be riding high on…
Zepto is a rapid delivery startup that has increased its valuation to $5 billion after it closed a funding round of $340 million led by General Catalyst. It is almost double the valuation it attained in June, which was $3.6 billion. The fresh capital will drive expansion plans of the company at Zepto, including doubling…
