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China's Ant Group sells Paytm shares for $246 mn in block trade

TMT

13 May, 2025

China's Ant Group sells Paytm shares for $246 mn in block trade

China's Ant Group has sold 25.5 million shares in India's Paytm in a block trade to raise $246 million, ......

Celebal Tech snags Series B from InCred's PE fund, Norwest

TMT

13 May, 2025

Celebal Tech snags Series B from InCred's PE fund, Norwest

Software services company Celebal Technologies has secured $15 million (about Rs 127 crore) in Series B funding, as the ......

MENA Digest:  Egypt's Money Fellows, Saudi firm Nqoodlet, others get funding

TMT

09 May, 2025

MENA Digest: Egypt's Money Fellows, Saudi firm Nqoodlet, others get funding

Fintech startups drove fundraising activity in the Middle East and North Africa region this week. Leading the charge was......

Swiggy quarterly loss nearly doubles on higher quick commerce spending

TMT

09 May, 2025

Swiggy quarterly loss nearly doubles on higher quick commerce spending

India's Swiggy reported a quarterly loss that nearly doubled year-on-year on Friday, as the online platform spent ......

IndiaMart fully acquires SaaS firm; Kaynes Tech to buy Canadian electronics company

TMT

09 May, 2025

IndiaMart fully acquires SaaS firm; Kaynes Tech to buy Canadian electronics company

IndiaMART InterMESH Ltd has taken full control of an accounting software provider, making it a wholly owned subsidiary, ......

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Number of early-stage investors slide even as more Indian startups snag cheques

TMT

08 May, 2025

Number of early-stage investors slide even as more Indian startups snag cheques

The funding environment for Indian startups has improved in the first three months of the year but the number of ......

91Trucks, Zebu, High Time Foods, Feline Spirits, others secure funding

TMT

08 May, 2025

91Trucks, Zebu, High Time Foods, Feline Spirits, others secure funding

Commercial vehicles platform 91Trucks, defence-tech startup Zebu, food-tech company High Time Foods, and alcoholic ......

Avammune Therapeutics, Posha, InspeCity, others secure funding

TMT

07 May, 2025

Avammune Therapeutics, Posha, InspeCity, others secure funding

Biopharma startup Avammune Therapeutics, robotics company Posha, space-tech firm InspeCity, logistics startup Shiplog......

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With family offices on board, EV startup Simple Energy is gearing up for growth

TMT

07 May, 2025

With family offices on board, EV startup Simple Energy is gearing up for growth

Electric vehicle startup Simple Energy is accelerating its expansion plans, buoyed by the backing of prominent family ......

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Cab-hailing firm Ola barely manages to retain unicorn tag with latest valuation markdown

TMT

07 May, 2025

Cab-hailing firm Ola barely manages to retain unicorn tag with latest valuation markdown

Private equity-backed cab-hailing company Ola Consumer, which has been eyeing an initial public offering (IPO) following......

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