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…
With a fresh round of funding from gaming-focused venture capital firm Lumikai, Bengaluru-based Mayhem Studios has accomplished a noteworthy triumph. The company intends to use the extra cash to expand its workforce, develop its technological capabilities, and raise the calibre of its games. Dedicated to creating well-liked mobile games that captivate players with compelling storytelling…
Namma Yatri, a Bengaluru based ride hailing firm is among those companies that are thinking big having been reported to be eying the United States market. Currently, the company is negotiating with unions in the US to establish the organization’s position in an industry that is mainly controlled by large players. Indeed with this support…
FirstCry has commented, “No order of any kind has been passed, so the financial impact cannot be determined at this stage.”FirstCry said, “No income chargeable to tax has escaped the assessment, and we have a strong case on merit.”The recent spectacular listing of FirstCry on the bourses at over a 40 percent premium on NSE…
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…
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…
Reliance Industries is all geared up to disrupt the streaming industry in India with its plan to merge JioCinema with Disney+ Hotstar. The goal of this strategic maneuver is to make a single, overwhelming platform that can challenge international players such as Netflix and Amazon Prime Video. For instance, JioCinema that is already instrumentalally popular…
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…
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…
According to a report in The Economic Times, food delivery services such as Swiggy, Zomato, and BigBasket may start offering low-alcohol beverages like wine and beer in more states. Currently, only two states, West Bengal and Odisha, allow alcohol delivery to homes. However, the article suggests that six state authorities are considering a trial project…
