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Sixth Sense-backed ProcMart readies roadmap for inorganic growth

TMT

05 December, 2023

Sixth Sense-backed ProcMart readies roadmap for inorganic growth

Business-to-business marketplace ProcMart, which counts investors including venture capital firm Sixth Sense Ventures ......

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SOSV, Rockstud, Windrose, 9Unicorns set to write off startup bet, may call for forensic audit

TMT

01 December, 2023

SOSV, Rockstud, Windrose, 9Unicorns set to write off startup bet, may call for forensic audit

Venture capital firms SOSV, Rockstud Capital, Windrose, 9Unicorns, and Faad Network are all set to write off their ......

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Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target

Manufacturing

30 November, 2023

Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target

SoftBank-backed electric scooter maker Ola Electric posted a wider loss in the financial year through March 2023 but ......

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Bottomline: VC-backed LoanTap's AUM shrinks, NPAs jump amid funding delay

Finance

30 November, 2023

Bottomline: VC-backed LoanTap's AUM shrinks, NPAs jump amid funding delay

LoanTap, a digital lending startup that offers customised loans to salaried professionals, is going through a tough ......

Prosus-owned PayU India shuts down prepaid credit card unit LazyCard

TMT

29 November, 2023

Prosus-owned PayU India shuts down prepaid credit card unit LazyCard

PayU India has shut its prepaid payment instrument LazyCard that it launched at the beginning of 2022, the company’s ......

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CoinDCX CEO Sumit Gupta on tax jolt in India, UAE plans and EBITDA aim

TMT

28 November, 2023

CoinDCX CEO Sumit Gupta on tax jolt in India, UAE plans and EBITDA aim

Amid regulatory uncertainty around virtual digital assets in India, crypto-exchange platform CoinDCX recently invested ......

How Ola Electric's service network is feeling the strains of success

Manufacturing

28 November, 2023

How Ola Electric's service network is feeling the strains of success

Bhavish Aggarwal, India's answer to Elon Musk, is racing to roll out millions of electric scooters and speed his ......

SoftBank-backed Unicommerce's FY23 revenue jumps over 50%, profit up 7.7%

TMT

23 November, 2023

SoftBank-backed Unicommerce's FY23 revenue jumps over 50%, profit up 7.7%

Ecommerce enablement software platform Unicommerce reported a 52.5% jump in its revenue from operations for the ......

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FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Finance

23 November, 2023

FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Fintech lender NeoGrowth, which came out of the red in the year through March to mark a turnaround from the damage ......

Zomato, Swiggy get notice for $90 mn in unpaid taxes

TMT

22 November, 2023

Zomato, Swiggy get notice for $90 mn in unpaid taxes

India's top organization for indirect taxes has issued notices on unpaid taxes worth about 7.5 billion rupees ($90 ......

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