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TREND | 12 Dec 2024

Practo expands into critical care with new assured network

livemint

While Practo's current offerings focus on minor diagnoses, the 15 specialities covered under Practo Assured account for over 50% of its traffic.

Startups

TREND | 12 Dec 2024

BigBasket Enters The Dark Stores Race Here's How It Stacks Up Against Swiggy, Zomato

NDTV Profit

BigBasket aims to have 800 dark stores by the end of FY25. Its co-founder Vipul Parekh told NDTV Profit that its average order value is over Rs 700, higher than Swiggy and Zomato.

Startups

TREND | 12 Dec 2024, 06:04AM

SolarSquare raises landmark $40million in Series B led by Lightspeed

Business Line

The company plans to deploy the new funds for expansion, technology and other corporate purposes

Startups

TREND | 11 Dec 2024, 09:59PM

Private equity inflows into India zooms 41 per cent in Jan-Nov 2024: LSEG Deals Intelligence

Business Line

The surge in PE inflows comes at a time when there has been record $17.3 billion initial public offering (IPO) mop up so far this calendar year.

Startups

TREND | 10 Dec 2024, 10:44PM

Shubham Housing raises Rs 1,000 crore in round led by Multiples PE

Business Standard

Shubham Housing Development Finance on Tuesday announced a Rs 1,000 crore fundraise in a round led by Multiples Private Equity. Existing investors Asian Development Bank (ADB) and British International Investment (BII) also participated in the round, which consists of a mix of primary and secondary transactions. Multiples will hold a significant minority stake in the company post-transaction. The deal comprises a primary issuance of Rs 400 crore along with a secondary purchase from early investors, the statement said. Multiples' managing director Nithya Easwaran, who will enter the company's board post deal, said the Shubham has a strong focus on asset quality and expertise in micro markets. The company, an affordable housing finance lender that provides home loans to lower-income families and emerging consumers across the country, will use the funds to drive growth across its product offerings and expand its footprint. The Gurugram-headquartered company started in 2011 and has .

Startups

TREND | 10 Dec 2024, 07:31PM

PricingDirect, Alumni tie up for independent valuations of PE securities

Business Standard

Private equity has grown over the past few years, with an increasing number of firms turning to private credit as the main source of financing their deals

Startups

TREND | 09 Dec 2024

Pixxel Raises $24 Million In Series B Round, Totaling $60 Million For Space-Tech Expansion

NDTV Profit

"The new infusion of capital will help us launch more satellites quicker, transforming how humanity understands and acts on the challenges of our time," Awais Ahmed, founder and CEO Pixxel said in a statement.

Pixxel raises $24 mn in additional funding, taking its total Series B funding to $60 mn

Business Line | 09 Dec 2024 1 more

Startups

TREND | 09 Dec 2024

Startups in India Considerably Boosting Economic Growth: Zupee Founder

NDTV Profit

Malhi described how startups are evolving from merely providing solutions for immediate problems--what he referred to as "painkillers"--to offering enriching experiences that enhance well-being, termed "vitamins."

Startups positioning India for exponential economic growth: Zupee CEO Malhi

Business Standard | 09 Dec 2024

Startups

TREND | 05 Dec 2024

Former Peak XV employee Shweta Kohli launches policy forum for startups

livemint

The forum includes prominent startups such as Razorpay, Cred, Pine Labs, Groww, Acko, Oyo, Swiggy, Practo, Dream11, Cars24, Cardekho, CureFoods, Livspace, Ixigo, Mobikwik, Jupiter, OneCard and Bluestone among its members.

Startups

TREND | 04 Dec 2024

Antler India plans to invest Rs 211 crore in 50 start-ups in 2025

Business Standard

Venture Capital firm Antel India is planning to invest USD 25 million, or about Rs 211 crore, in 50 startups in 2025, the company said on Wednesday. The venture capital firm has invested in 30 startups in 2024 through its maiden USD 75 million fund. "Antler plans to ramp up investments further in the next year and make 50 investments in 2025. We plan to invest USD 25 million in the 50 companies," Antler India Partner Rajiv Srivatsa told PTI. The company's 2024 investments include a wholesale marketplace for fashion retail Bizup, aluminium-air fuel cell technology company Meine Electric, open mobility platform Namma Yatri, personal loan facilitator firm Keeper, which uses paid leaves as digital assets for salaried employees, AI-powered dashcam provider Cautio, etc. "Our investment pace reflects both the quality of the founders we're meeting and our conviction that the next wave of global technology companies will emerge from India. We have invested in 30 companies this year, many of