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TREND | 14 Dec 2024, 01:39PM

E-commerce platforms to adopt Safety Pledge to protect online consumers on December 24

Business Line

Online platforms such as Ajio, JioMart, Netmed, BigBasket, Tata Cliq, Tata 1mg, Zomato, and Ola have signed the pledge

Startups

TREND | 12 Dec 2024

Quick medicine delivery: Startups gear up against giants Flipkart and Swiggy

livemint

Startups like Medinos, Medstown and Plazza have recently started delivering medicines within 30 minutes and are looking to raise funds to expand and take on the giants.

Startups

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

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

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

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

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