Startups Insights Urban Company Closes Saudi Unit Amid Rising Financial Losses by Ankit Dubey May 2, 2025 May 2, 2025 In a significant strategic shift, Urban Company has initiated the closure of its Saudi Arabian step-down unit, Urban Company Arabia for Information Technology (UCAIT), following persistent financial losses. The move, …
Startups Funding Kaleidofin Bags $5.3 Mn fund To Boost Its Lending Portfolio by Ankit Dubey May 2, 2025 May 2, 2025 Kaleidofin Bags fund worth $5.3 million in a fresh funding round led by the IDH Farmfit Fund. This Chennai-based fintech neobank plans to strengthen its lending products and expand innovative …
Startups Funding YouTube to invest ₹850 Cr in Indian creators by Ankit Dubey May 2, 2025 May 2, 2025 YouTube Indian creators are set to receive a significant boost as the streaming giant has announced a massive investment of over ₹850 Cr in India. This initiative, revealed by YouTube …
Startups Insights Dixon Tech, Inventec form JV to manufacture PCs India by Ankit Dubey May 2, 2025 May 2, 2025 In a transformative move for India’s electronics manufacturing sector, Dixon Technologies has announced a joint venture with Taiwan-based Inventec Corporation, a global leader in original design manufacturing. The newly formed …
Startups Funding Salt Oral Care raises $1M funding for oral wellness startup by Ankit Dubey May 2, 2025 May 2, 2025 Salt Oral Care, a premium oral wellness startup based in Mumbai, has successfully raised $1 million in a pre-Series A round from Lotus Holdings, the family office of leading personal …
Startups Insights Zomato revenue up 64%, profit down 77% in Q4 by Ankit Dubey May 2, 2025 May 2, 2025 In the final quarter of FY25, Eternal Ltd, previously known as Zomato, reported a massive 64% increase in operational revenue to Rs 5,833 crore. However, the celebration was cut short …
Startups Insights Reliance Fashion World, Francorp partner for expansion by Ankit Dubey May 1, 2025 May 1, 2025 Reliance Fashion World, a premium retail venture by Reliance Retail, has officially partnered with Francorp, India’s leading franchise consulting firm, to roll out a strategic franchise expansion across India. The …
Startups Insights Lytus Technologies acquires Blod.in, enhancing AI blood logistics by Ankit Dubey May 1, 2025 May 1, 2025 In a major leap for India’s health-tech landscape, Lytus Technologies acquires Blod.in, marking a pivotal moment in AI-powered healthcare logistics. The acquisition, routed through Lytus HealthTech, the healthcare subsidiary of …
Startups RBI approves MobiKwik’s Zaakpay as online payment aggregator by Ankit Dubey May 1, 2025 May 1, 2025 RBI approves MobiKwik’s Zaakpay as online payment aggregator, signaling a landmark moment for India’s rapidly evolving fintech landscape. Zaakpay, a wholly owned subsidiary of publicly listed MobiKwik, has received the …
Startups Insights Leap names Rajan Chaudhary co-founder in leadership elevation by Ankit Dubey May 1, 2025 May 1, 2025 In a strategic leadership move that reflects Leap’s unwavering commitment to internal talent development and long-term vision, LEAP NAMES RAJAN CHAUDHARY CO-FOUNDER. This announcement comes as the global study-abroad platform …