Business

Despite rising demand for global trade, businesses in emerging markets often face challenges accessing affordable payment solutions and managing liquidity across borders. One startup is looking to change that by streamlining…
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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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