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Last week witnessed heightened funding activity in the Indian startup ecosystem with entrepreneurs successfully raising a total of nearly $400 million across 20 deals. Some of the notable startups that managed to secure significant capital…
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Ecom Express, one of India's largest logistics providers catering to the e-commerce industry, has managed to significantly cut its losses for the financial year ended March 2024 according to regulatory filings. The data reveals that Ecom…
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Property managers dealing with daily rental inquiries just got a major assist thanks to a latest funding round secured by AI startup EliseAI. The company has developed an innovative suite of chatbots designed to efficiently handle common…
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One of the leading companies offering payment plans for medical bills has closed a significant funding round that will fuel the expansion of its "care now, pay later" product. PayZen announced it has secured $32 million in a Series B round…
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Singapore-based wealth management platform Syfe has raised $27 million in its latest Series C funding round led by existing backers. The fresh capital injection will be used to scale operations and expand its easy-to-use investment…
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In a surprising turn of events, the San Francisco-based fintech startup Tally has announced that it is shutting down operations after attempting but failing to obtain additional funding. Founded in 2015 to help consumers manage and pay down…
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Hospitality unicorn OYO has raised $175 million in a down round led by founder Ritesh Agarwal's Singapore-based investment firm Patient Capital. Existing investors such as J&A Partners and ASK Financial Holdings also participated in the…
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Leading logistics startup Shadowfax, which is backed by e-commerce giant Flipkart, is reportedly gearing up for a huge initial public offering (IPO). According to sources privy to the development, the company is looking to raise between Rs.…
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Funding activity in the Indian startup ecosystem saw a significant decline last week compared to the preceding period, with startups collectively raising $112.9 million across 22 deals between August 5-10. This marks a near 50% drop from…
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Flint Capital has raised $160 million for its latest fund thanks to a unique strategy for finding investors. By tapping tech entrepreneurs who have first-hand knowledge of building promising startups, the Boston-based venture capital firm…
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