PayU Achieves $1.1 Billion in Revenue in FY24, India Leads Growth
Prosus-owned PayU has reported a significant increase in its consolidated revenue, reaching $1.1 billion for the fiscal year 2024 (FY24),…
Category: Insights
Indian E-Two Wheelers Better than Global Counterparts, says Ather Energy Co-Founder
Indian electric two-wheelers are surpassing their global counterparts in terms of design and technology, according to Ather Energy co-founder Swapnil…
Meta Rolls Out Generative AI Tools on WhatsApp, Facebook, and Instagram in India
Meta, the parent company of WhatsApp, Facebook, and Instagram, has announced the rollout of its advanced artificial intelligence tools across…
Fintech Startup CheQ Secures Additional $2.2 Million in Extended Seed Round
CheQ, a credit card bill payment management platform, has successfully raised an additional Rs 18.5 crore (approximately $2.2 million) in…
Infibeam Avenues Partners with EDII to Propel AI Adoption Among Startups and MSMEs
Infibeam Avenues has entered into a strategic partnership with the Entrepreneurship Development Institute of India (EDII) to promote the adoption…
Prosus Writes Off 9.6% Stake in Byju’s, Incurs $493 Million Loss
Investment firm Prosus announced on Monday that it has written off the value of its 9.6% stake in the troubled…
ReshaMandi Lays Off 80% of Workforce Amid Financial Struggles
ReshaMandi, a B2B marketplace specializing in silk products, has laid off 80 per cent of its employees following a failed…
Wahter Raises ₹5 Crores in Pre-Seed Funding at ₹52 Crore Valuation
Wahter, India’s innovative advertising and packaged drinking water brand, has successfully raised ₹5 crores in pre-seed funding, achieving a valuation…
Warburg-backed Avanse Financial Services Files for Rs 3,500-cr IPO
Avanse Financial Services, an education loan provider backed by private equity firms including Warburg Pincus, has taken a significant step…
MeetRecord Secures $2.7 Million in Pre-Series A Funding
MeetRecord, a leading Revenue Automation Platform specifically designed for the service sector, announced today that it has successfully secured $2.7…