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Live video startup 100ms raises $4.5mn in seed round led by Accel

100ms provides infrastructure that allows companies to add Zoom-style video conferencing inside their apps.

Chalo raises $40mn in funding round led by Lightrock India, Filter Capital

Public transport technology company says it will use money to expand its bus support services.

Axa Group sells 3.85% stake in ICICI Lombard General Insurance Company

Shares of ICICI Lombard fell 1.8% to end at Rs 1,548.

Airtel's right entitlement trading off to flying start, close 24% higher

The REs should rise further as they ended at the day's upper trading limit

US-based Dairy.com buys 100% stake in Mr Milkman in first India investment

Mr Milkman, a last-mile dairy supply chain SaaS platform, is already being used by over 60 Indian dairy brands

Sebi bars TV anchor, expert and four others for fraudulent trades

The regulator has also directed impounding of ill-gotten gains of Rs 8.4 crore

Esper raises $60 million in Series C funding led by Insight Partners

The investment brings Esper's total funding to $100 million and follows the company's $30 million Series B just four months ago in May 2021

Progcap raises $30 mn in Series C funding led by Tiger Global, Creation

Progcap has raised $55 million in total since the last three months and is positioned as the largest fintech in the corporate-led retailer financing space in India

Smartstaff raises $4.3 mn in seed funding from Blume Ventures and others

Smartstaff helps businesses hire and manage their blue collar workforce by digitising workforce management practices

RBI must deal more with consumers, review rules impacting them: CUTS talks

Experts at discussion say approach favouring of banks over consumers may make the latter move away from the digital economy towards cash

Paras Defence IPO subscribed 41x on day-2, Data Patterns files DRHP

Data Patterns (India) is looking to raise Rs 300 cr through its offer, which will also consist of secondary share sale between Rs 300-400 cr

Chinese markets set for worst showing versus EM peers since 2004

The MSCI China index has underperformed the MSCI EM (excluding China) index by 28 per cent so far this year

Practo eyes $12-billion secondary care surgeries market in India

Practo plans to facilitate Rs 1,000 crore healthcare financing, including tier-1 to tier-3 cities over the next three years

Automation Anywhere, IndianOil sign 5-year deal to automate key processes

During phase-1 of the plan, IOCL has automated select key processes across Finance, HR, inventory using Automation 360, Automation Anywhere's AI-powered RPA platform

Mindtree appoints key personnel to expand Europe and APAC presence

Names three Chief Business Officers--one for DACH nations, another for Nordics and Benelux, and a third for Asia-Pacific

BeepKart raises $3 mn in seed round led by Stellaris VP, Chiratae Ventures

BeepKart is taking a tech-first approach to address the trust deficit in the massive used 2-wheelermarket

Lio raises $5 mn in seed funding led by Lightspeed India, Sequoia

Lio is used for a variety of tabulation, calculation and organising needs, such as creating tables of customer/stock/payment data for businesses or organising to-do lists

Bangalore-based startup HappyCredit raises Rs 5 cr in pre-seed round

The Indian e-commerce market is growing substantially, with the total market size expected to reach $188 billion by 2025

Healthcare AI startup Endimension raises Rs 2.3 cr in seed funding

The AI platform of the startup helps to automatically detect abnormalities and diseases, via AI algorithms from medical scans

B2B SaaS-focused VC firm Pentathlon announces final close of first fund

Pentathlon plans to invest in over 20 B2B SaaS startups in a year and make investments of between Rs 75 lakh and Rs 3 crore on an averag