Unicorn
TMT
Cars24's losses widen in FY22, while revenues surge 87%
Used cars marketplace Cars24 Services Pvt. reported a net loss from its domestic business of Rs 248.07 crore for FY22, ......
TMT
Funding in 2022 dips 35% on subdued late-stage investment activity
Funding in Indian startups dipped by 35% (up to 5 December), to $24.7 billion, as compared to the previous year, ......
Finance
Fintechs get on the job to comply with RBI lending norms
Even though digital lending platforms made structural and functional changes to comply with most of the latest lending ......
TMT
Blume Ventures closes fourth fund at over $250 mn, exceeds target
Venture capital firm Blume Ventures has announced the close of its Fund IV at over $250million, which brings the firm’......
TMT
Livspace forays into business-to-business segment
Online home decor unicorn Livspace will foray into commercial interior design space with the launch of its new offering......
Consumer
The Good Glamm Group picks majority stake in Twinkle Khanna's Tweak India
Parent of The Good Glamm Group, Sanghvi Beauty and Technologies, has acquired a 51% stake in digital media company Tweak......
TMT
Cred to acquire Matrix-backed lending enabler CreditVidya
Tiger Global-backed fintech unicorn Cred, on Tuesday said it will acquire 100% stake in lending-based big data company ......
People
Dailyhunt, Josh parent lays off 150 employees
News aggregation unicorn Dailyhunt and short video platform Josh’s parent firm VerSe Innovation Pvt. Ltd has laid off ......
Finance
PhonePe to acquire BNPL startup ZestMoney
Digital payments and financial services provider PhonePe is in the process of acquiring buy-now-pay-later (BNPL) fintech......
TMT
Volume of VC deals in Indian startups rise in Jan-Oct, total deal value drops: Report
The Indian startup ecosystem saw a rise of 7.5% year-on-year in number of venture capital deals during the Jan-Oct ......
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