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Lendingkart looks to return to profitability after two years

Finance

15 December, 2022

Lendingkart looks to return to profitability after two years

Lendingkart Group, which comprises small and micro enterprise (SME) lender Lendingkart Finance Ltd and fintech platform Lendingkart Technologies Pvt. Ltd, ......

Ramkrishna Forgings acquires 51% stake in EV-based startup

TMT

15 December, 2022

Ramkrishna Forgings acquires 51% stake in EV-based startup

Ramkrishna Forgings on Thursday said its board has approved the acquisition of up to 51% stake in Tsuyo Manufacturing, a ......

Fintech player NeoGrowth raises $36.2 mn from FMO, others

Finance

15 December, 2022

Fintech player NeoGrowth raises $36.2 mn from FMO, others

MSME-focused digital lender, NeoGrowth has raised Rs 300 crore (around $36.2 million) in a Series D equity round led by ......

'Startups to make up 4-5% of India's GDP in the next five years'

TMT

15 December, 2022

'Startups to make up 4-5% of India's GDP in the next five years'

With over 60,000 registered startups in India, the ecosystem has the potential to make about 4-5% contribution to the country’s ......

Spacetech startup GalaxEye raises seed funding

Finance

15 December, 2022

Spacetech startup GalaxEye raises seed funding

Spacetech startup GalaxEye Space has raised a $3.5 million in a seed round led by deeptech-focused venture capital firm, Speciale ......

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Chargebee's backers eye exit at $1.5 bn valuation

TMT

15 December, 2022

Chargebee's backers eye exit at $1.5 bn valuation

Early-stage investors in Chargebee, a fintech-focused software as a service (SaaS) provider, are seeking to sell a portion of their ......

Open's loss up by 155% in FY22 with new product spending

Finance

15 December, 2022

Open's loss up by 155% in FY22 with new product spending

Open Financial Technologies Pvt. Ltd saw its losses rise by 155% to ₹167.6 crore in the last fiscal year from ......

DSG, IDEO invest $7.5 mn in Deepika's self-care brand

TMT

14 December, 2022

DSG, IDEO invest $7.5 mn in Deepika's self-care brand

82°E, a self-care brand co-founded by actor Deepika Padukone, on Wednesday said it has secured seed funding of $7.5 million ......

'Agritech can see 8-10 unicorns in five years'

Infrastructure

14 December, 2022

'Agritech can see 8-10 unicorns in five years'

India’s agritech sector is likely to grow in scale and have 8-10 startups with more than a billion dollars in ......

Xponentia Capital makes first investment from new fund

Finance

14 December, 2022

Xponentia Capital makes first investment from new fund

Mid-market private equity firm Xponentia Capital has led a ₹146 crore (nearly $18 million) funding round in fintech startup Zype, ......