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In a move that signals the growing attractiveness of the Indian market, popular stock trading app Groww has made the decision to relocate its headquarters back to India from the US. Along with the shift in domicile comes a sizable tax…
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India's rapidly growing artificial intelligence market is attracting significant investments as local companies look to develop innovative solutions. Neysa, an AI infrastructure startup based in Mumbai, has recently raised $30 million in a…
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Mumbai: Leading digital payments provider PhonePe has taken a major step towards profitability after reducing its net loss for the financial year 2023-24 by almost a third. According to the company's first ever annual report, PhonePe's…
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Mobility startup Advance Mobility has raised $3 million in a recent funding round led by prominent accelerators India Accelerator and Finvolve. The fresh capital injection will enable the company to strengthen its operations and broaden its…
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In the latest episode of the Equity podcast, the hosts analyzed significant developments in the startup and investment world. They started by discussing Lightmatter's $400 million funding round, noting how demand for fast networking…
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As the world continues its transition to more sustainable practices, venture capitalists are placing significant bets on startups promising cleaner and more eco-friendly solutions. This week saw hundreds of millions of dollars poured into…
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As AI continues making strides in conversational abilities, the way it interacts with software engineers and delivers information remains an obstacle for widespread adoption. Dottxt, a startup developing tools to enable structured…
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Byju Raveendran, the founder and CEO of Byju's - one of India's largest education technology companies, has acknowledged that the valuation of his startup has plummeted to zero after previously reaching $22 billion. Speaking to journalists…
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One of the largest venture capital firms in the world is in advanced negotiations to lead a major funding round in one of India's top online pharmacies. Accel, known for early investments in companies like Facebook and Spotify, is…
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In a bid to further fuel its rapid growth in the Indian market, leading quick commerce player Zepto is in advanced talks to raise $100 million from local family offices and high net worth individuals. The Mumbai-headquartered startup, which…
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