Pixxel Secures $24 Million in Series B Funding
Spacetech startup Pixxel has raised an additional $24 million as part of its Series B funding round. The investment comes from new backers M&G Catalyst and Glade Brook Capital Partners,…
Startup Policy Forum (SPF): A Game-Changer for Indian Startups
The Startup Policy Forum (SPF) has taken a significant step towards strengthening India’s startup ecosystem. Bringing together over 30 startups in its initial phase, this initiative focuses on fostering collaboration…
The Impact of DPIIT-Recognized Startups on India’s Economy
India’s startup ecosystem has become a powerhouse of innovation and job creation. The Department for Promotion of Industry and Internal Trade (DPIIT)-recognized startups have created over 16.67 lakh direct jobs…
Prosus Doubles Profit in H1FY25
Dutch technology investor Prosus has reported a strong performance in the first half of the fiscal year 2025 (H1FY25), nearly doubling its profit and showcasing impressive growth across key business…
Pathway Raises $10 Million Seed Funding
AI startup Pathway has successfully raised $10 million in a seed funding round led by TQ Ventures, with participation from prominent investors like Kadmos, Inovo, Market One Capital, and Id4.…
Swiggy Reports ₹625.5 Crore Net Loss in Q2 FY2024
Swiggy, one of India’s leading food delivery aggregators, has disclosed its financial results for the September quarter, marking its first quarterly report since going public last month. The company reported…
Shadowfax Turns Profitable with ₹2 Crore PAT in FY24
Third-party logistics (3PL) provider Shadowfax has achieved a significant milestone by recording an adjusted profit after tax (PAT) of ₹2 crore in FY24. This marks a remarkable turnaround from the…
Can Students Launch Startups in India?
India, a land of opportunities and innovation, has emerged as a hub for entrepreneurship. Students, known for their creativity and drive, are now venturing into the entrepreneurial ecosystem. The question…
PhonePe Ends Partnership with Juspay
India’s leading fintech platform, PhonePe, has announced the discontinuation of its partnership with SoftBank-backed payments platform Juspay. This decision marks a significant shift in PhonePe’s strategy, as the company opts…
Bhavish Aggarwal Announces Pledge of 1.10%
Ola Electric, one of India’s leading electric vehicle (EV) manufacturers, is witnessing a significant milestone as founder Bhavish Aggarwal announces a pledge of 1.10% of the company’s equity. This decision…