Startup News

The funding has come from a slew of investors including XN’s Exponent fund, Arison Holdings, TIGA Investments and others The funding could be part of a larger $1 Bn round being raised by BYJU’s, as per reports last week Earlier this month, BYJU’S confirmed its acquisition of learning institute group Aakash Educational Services BYJU’S Raises...

Amazon Prime Music is currently offering nine million podcast episodes at launch and will grow the catalog post launch The podcasts will have pre-embedded ads options in order to provide monetisation opportunities to the creators Spotify’s podcasting strategy has also helped the company outperform its expectations of advertising income Amazon Prime Music, on Wednesday (April...

Founded in 2007, when classifieds services were seeing massive traction in India, Chennai-based Sulekha was an early entrant in this space Sulekha pivoted in 2018 to become a SaaS platform for businesses and a marketplace connecting consumers with small businesses, expert service providers For Sulekha, marketing automation was crucial as it helped deal with the...

After receiving complaints from sellers associations against ecommerce majors Amazon and Flipkart, India’s antitrust watchdog CCI had in January last year initiated a probe into both companies In February, both companies won a temporary injunction against the probe on the grounds that CCI didn’t have sufficient material to launch an investigation On Thursday, Amazon’s counsel...

9Unicors intends to write its first check to 150 startups from various tech sectors through the money raised over the next year. In February this year, the fund closed its second round with participation from several global and Indian industrialists including leading sweets and snacks manufacturer Haldiram’s 9Unicorns is Venture Catalysts’ (VCsts) startup fund launched...

The RBI Working Group on digital lending has sought inputs from Google and other stakeholders for regulating digital loan apps Constituted in January this year, the Working Group has been asked to submit its report within three months Google had earlier taken down more than 500 lending apps, citing not fulfilling its policies Digital loan...

This week, the company began hiring for various positions for a soon-to-be-launched edtech startup Launching its own edtech startup would be a logical move for the company, given its foothold in the education space for years The Munjal family, which founded the company with Hero Cycles in 1956, is also the promoter of BML Munjal...

Enterprise tech unicorn Icertis grabbed the headlines for nearly tripling its valuation after a $80 Mn Series F funding round The parent company of social media platforms Dailyhunt and Josh acquired photo and video sharing app Vebbler Tata Group has officially sought the CCI’s approval to acquire 64.3% of BigBasket We bring to you the...

The company has raised over INR 190 Cr by issuing equity shares and the remaining INR 60 Cr by issuing warrants to its promoters 5paisa.com has more than 1.3 Mn customers, 6.5 Mn mobile app users and is one of the fastest-growing discount broking companies in India The company offers broking, mutual funds, insurance, peer-to-peer...

SpaceX has asked the Indian government to facilitate approvals for the use of satellite technology to further internet access in remote rural areas Starlink will consist of 4,400 small satellites, each weighing about 260kg, in the low Earth orbit SpaceX’s comments about satellite technology for internet access in India came as part of a TRAI...