startups
Consumer
Peak XV-backed Skillmatics to increase focus on domestic sales amid tailwinds
Direct-to-consumer brand Skillmatics, which manufactures and retails educational games for children, is gearing up to boost its Indian story as ......
TMT
How India's top-funded startups curbed cash burn as VC funding slowed
India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......
TMT
Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again
India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......
TMT
India's top-funded tech startups reined in FY23 losses as revenue growth slowed
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture ......
Consumer
Spotlight: Snacks maker Happilo's loss widens as multiple hurdles dampen growth
Healthy snacks maker Happilo International Pvt. Ltd, which counts domestic institutional investors like Motilal Oswal Alternatives and A91 Partners among ......
TMT
Separating fact from fiction: how many unicorns does India really have?
Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......
General
Deals Digest: Funding momentum rises due to a large-ticket deal, volume drops
Funding activity by private equity and venture capital firms during the week reached its highest levels this year so far ......
TMT
Abhinay Maths and Classplus founders stuck in a legal tussle
Abhinay Sharma, founder of online test prep platform Abhinay Maths, has filed a police complaint against edtech startup Classplus and ......
Finance
Bottomline: Auxilo's profit, AUM on high growth path; asset quality improves
Non-banking financial institution Auxilo Finserve Pvt. Ltd, which snagged $57 million from Tata Capital, Trifecta and Xponentia Capital last year, ......
TMT
Bottomline: Lightrock-backed axio's FY23 revenue doubles but losses widen too
Non-banking lender axio, which counts Lightrock, Amazon, Elevation Capital, Sequoia Capital and Ribbit Capital amongst its investors, improved its revenue ......
