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Team Inc42 @ Inc42 Media · 10/17/2024 16:00 EDT

Not Concerned About New Entrants In Quick Commerce: Blinkit CEO

Zomato-owned Blinkit’s cofounder and CEO Albinder Dhindsa reportedly said that the quick commerce major is not concerned about new competitors… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/17/2024 15:51 EDT

Simplismart Bags $7 Mn To Simplify AI Adoption For Enterprises

Bengaluru-based SaaS startup Simplismart has raised $7 Mn in its Series A round led by Accel. The round also saw… Read more ›

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Inc42 Media
Team Inc42 @ Inc42 Media 3 place · 10/17/2024 13:13 EDT

Google Licences AI Model To Indian Cos To Detect Blindness Among Diabetics

Big tech major Google said it has licensed its artificial intelligence (AI) model to two Indian companies, Forus Health and… Read more ›

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Inc42 Media
Krithika K L @ Inc42 Media · 10/17/2024 12:18 EDT

Suraasa Bags $6 Mn To Upskill Teachers For Global Opportunities

Delhi NCR-based edtech startup Suraasa has raised $6 Mn in a funding round led by Reach Capital.  The round also… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/17/2024 11:45 EDT

Byju Raveendran Blames Investors For Driving BYJU’S Valuation To Zero

Byju Raveendran, cofounder and CEO of BYJU’S, blamed investors for the company’s downfall as the edtech giant’s valuation now stands… Read more ›

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Inc42 Media
Ananya Upadhyaya @ Inc42 Media · 10/17/2024 11:11 EDT

Febi.ai Raises $2 Mn To Provide AI-Powered Accounting Platform

AI-driven accounting and bookkeeping platform provider Febi.ai has raised $2 Mn (about INR 16.8 Cr) in its pre-Series A funding… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/17/2024 08:43 EDT

Delhi HC Orders Wikipedia To Take Down Page On ANI Case

The Delhi High Court has directed Wikimedia Foundation (WMF) to take down a page within 36 hours on Wikipedia which… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/17/2024 08:38 EDT

RBI Bars Sachin Bansal’s Navi Finserv From Disbursing Loans

The Reserve Bank of India (RBI) has directed Sachin Bansal’s Navi Finserv and three other non-banking financial companies (NBFCs) to… Read more ›

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Inc42 Media
Vinaykumar Rai @ Inc42 Media · 10/17/2024 07:34 EDT

Zomato To Consider Raising Funds Via QIP

Foodtech giant Zomato on Thursday  (October 17) said that its board would consider raising funds by issuing equity shares via… Read more ›

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Inc42 Media
Ananya Upadhyaya @ Inc42 Media 2 place · 10/17/2024 06:33 EDT

FPIs Reduce Stakes In Paytm Below 1%

Foreign Portfolio Investors (FPIs) Societe Generale, Tiger Pacific Master Fund and UBS Principal Capital Asia have reduced their holdings in… Read more ›

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Inc42 Media
Krithika K L @ Inc42 Media · 10/17/2024 05:33 EDT

Tetr College Floats Fund To Back Student Entrepreneurs

Global business school Tetr College of Business has floated a $10 Mn (around INR 84 Cr) fund to back student… Read more ›

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Inc42 Media
Nikhil Subramaniam @ Inc42 Media · 10/17/2024 05:28 EDT

Is The Line Between Private Equity And VC Funds Blurring?

The line between venture capital and private equity in India is fading rapidly. More and more PE firms are looking… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/17/2024 05:07 EDT

slice Gets Board Nod To Raise INR 71.73 Cr Via Partly Paid Up Shares

Fintech startup slice has secured approval to raise INR 71.73 Cr (around $8.6 Mn) through partly paid-up shares. As per… Read more ›

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Inc42 Media
Palak Sharma @ Inc42 Media · 10/17/2024 04:31 EDT

Zodius Capital Exits OfBusiness With $100Mn Secondary Share Sale

Zodius Capital, an early investor in OfBusiness, has reportedly marked its full exit from the B2B marketplace via a secondary… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/17/2024 04:22 EDT

Zepto Eyes Another $100 Mn At Flat Valuation

Quick commerce major Zepto is reportedly in advanced discussions to secure $100 Mn from Indian offices and high-net-worth individuals (HNIs)… Read more ›

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Inc42 Media
Ananya Upadhyaya @ Inc42 Media · 10/17/2024 02:49 EDT

TVS Capital Funds Boosts Leadership With Two Key Elevations

Homegrown mid-market private equity firm TVS Capital Funds has further strengthened its leadership team with two key elevations in the… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/17/2024 02:40 EDT

Lendingkart Seeks Down Round Amid Cash Crunch

Fintech startup Lendingkart, which focuses on micro, small, and medium enterprises (MSMEs), is reportedly looking to raise fresh capital at… Read more ›

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Inc42 Media
Pooja Yadav @ Inc42 Media 1 place · 10/17/2024 02:13 EDT

Can Amwoodo’s Bamboo Bet Help India Clean The Plastic Mess?

With an annual production of 57 Mn tonnes, India accounts for 23% of the world’s bamboo resources. Despite the abundance,… Read more ›

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Inc42 Media
Anne Florentyna @ Inc42 Media · 10/17/2024 01:30 EDT

AGNIT Semiconductors Nets $3.5 Mn Led By 3one4 Capital

Bengaluru-based AGNIT Semiconductors has secured $3.5 Mn (INR 29.4 Cr) in a seed funding round co-led by 3one4 Capital and… Read more ›

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Inc42 Media
Anne Florentyna @ Inc42 Media 3 place · 10/17/2024 01:26 EDT

MeitY Extends GPU Tender Deadline To November 12

The Ministry of Electronics and Information Technology (MeitY) has reportedly extended the deadline for submitting bids for the government’s INR… Read more ›

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