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Tencent, SIG, Omidyar, WaterBridge-backed Doubtnut goes for a song

Consumer

04 December, 2023

Tencent, SIG, Omidyar, WaterBridge-backed Doubtnut goes for a song

Doubtnut, one of several ed-tech startups that raised millions of dollars in equity capital from marquee investors when demand for ......

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Tencent-backed Practo narrows losses in FY23, aims to accelerate revenue growth

TMT

27 October, 2023

Tencent-backed Practo narrows losses in FY23, aims to accelerate revenue growth

Tencent-backed digital healthcare platform Practo, one of the earliest entrants in the country’s health-tech sector, is looking to grow its ......

Tencent-backed Khatabook trims workforce

TMT

01 September, 2023

Tencent-backed Khatabook trims workforce

Fintech startup Khatabook, which counts Peak XV, Tencent and Alkeon Capital among its backers, has joined the long list of ......

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Bottomline: Stashfin turns a corner as loan book jumps but slippages begin to show

TMT

13 July, 2023

Bottomline: Stashfin turns a corner as loan book jumps but slippages begin to show

Neobanking startup Stashfin swung to a consolidated profit for the year ended March 31, 2023, managing the feat at a ......

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Spotlight: Practo may be solving its monetisation problem despite e-pharmacy setback

TMT

05 July, 2023

Spotlight: Practo may be solving its monetisation problem despite e-pharmacy setback

Practo, one of the earliest entrants in the health-tech sector, may have fallen behind its peers in the race to ......

Lower contribution from Tencent drags Prosus' last year's profit

Others

14 June, 2023

Lower contribution from Tencent drags Prosus' last year's profit

Technology investor Prosus on Wednesday said its profit dropped significantly last year due to impairments and lower contributions from its ......

Byju's plans to take Aakash public next year

TMT

05 June, 2023

Byju's plans to take Aakash public next year

Edtech decacorn Byju’s is planning to take its wholly-owned test prep unit Aakash Educational Services Ltd public by mid-next year. Byju’s, ......

RBI's ban on SBM Bank's forex transactions hurts fintech firms

Finance

27 January, 2023

RBI's ban on SBM Bank's forex transactions hurts fintech firms

Wealthtech startups Vested Finance and IndMoney have been impacted after the Reserve Bank of India (RBI) had barred SBM Bank ......

PhonePe investors paid Rs 8,000 cr in taxes to make India its home

TMT

25 January, 2023

PhonePe investors paid Rs 8,000 cr in taxes to make India its home

Making India its home has proved to be expensive and "shocking" for the investors of digital payments company PhonePe who ......

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In FY22, South Africa's Prosus Ventures mostly invested in India

TMT

27 June, 2022

In FY22, South Africa's Prosus Ventures mostly invested in India

In FY22, Prosus Ventures invested a total of $900 million. Out of this, $800 million was invested in India, the ......