Page 10 - Udisha Srivastav

Uber, Paytm invest ₹60 crore each in government-backed ONDC platform

The investments deepen the companies' engagement with ONDC, following integration of mobility, logistics and ticketing services on the digital commerce network

Govt-backed ONDC enables over 300,000 daily bus, metro ticket bookings

Government-backed ONDC is facilitating more than 300,000 metro and bus ticket bookings daily as it expands its public transport network and scales tourism offerings

Edtech platform Eruditus eyes over 50% of top line from India in 5 years

The ed-tech firm expects India's revenue contribution to exceed 50 per cent in five years as it partners with foreign universities setting up campuses in the country

PhysicsWallah eyes 30% revenue improvement in FY27: Cofounder Prateek Boob

Prateek Boob, co-founder, in an interview with Udisha Srivastav, spoke about the company's FY27 priorities, narrowing losses, AI-driven efficiencies, and plans to build a personalised AI tutor

Zoho invests ₹70 crore in ONDC to support sovereign tech development

Zoho has invested ₹70 crore in ONDC to boost sovereign digital infrastructure and expand MSME access to open e-commerce networks

Edtech firm PhysicsWallah to invest ₹120 crore in NBFC arm FinZ Finance

PhysicsWallah steps deeper into fintech with a ₹120 crore infusion into its NBFC arm FinZ Finance, expanding student-focused lending within its education ecosystem

Growth-stage VC firm Physis Capital closes its maiden ₹400 crore fund

Growth-stage VC firm closes maiden ₹400 crore fund and gears up for a ₹2,000 crore second fund focused on tech-led startups and deep-tech bets

Coffee chain abcoffee raises ₹61 crore in pre-Series B funding round

Homegrown coffee chain abcoffee will use the fresh capital to expand across key urban markets and strengthen technology, operations and customer engagement

Betting big on deep-tech, IAN Group deploys ₹625 crore in 50 startups

IAN Group has invested nearly Rs 625 crore in around 50 deep-tech startups over two decades, with increasing focus on AI-led ventures and sovereign technologies

Nykaa Q4FY26 profit jumps more than 300% to ₹79 cr, revenue up 28.4%

Cumulative revenue crossed the $1 billion milestone in the last financial year while, sequentially, net profit grew 16.25 per cent

Deep-tech startup Anscer Robotics secures ₹45 crore in Series A round

The Bengaluru-based robotics startup will use the funding led by IAN Group to drive product innovation, expand in the US and strengthen factory and warehouse deployments

Adda247 lays off over 20% employees amid restructuring and IPO plans

The development comes at a time when Adda247, which has raised around $67 million to date, is preparing for a public listing over the next 12 to 18 months

RDI Fund: BIRAC gets 200 applications in first call for proposals

BIRAC has received nearly 200 applications under the RDI fund and shortlisted 7-8 biotech startups as demand rises for deep-tech and innovation financing

Riding the Bharat wave: Govt-backed taxi app bets on cooperative muscle

In a written reply to Parliament, Union Minister for Home and Cooperation Amit Shah said that Bharat Taxi is facing early challenges, including competition from existing players

Temperatures on the rise, online platforms offer relief to gig workers

E-commerce and food delivery firms step up cooling infrastructure, insurance cover and welfare measures for gig workers as rising temperatures and heatwave warnings intensify across India

Defence-tech startup Armory gets ₹100 crore order from MoD: Amardeep Singh

Company to provide indigenous AI-powered counter-unmanned aerial systems called SURGE

Delhi to Bhubaneswar: Soaring LPG costs burn deeper into restaurant margins

Soaring commercial LPG prices are squeezing restaurant margins, forcing eateries to consider menu hikes, switch fuels or absorb rising costs

NEMBharat launches in Delhi-NCR with zero-commission ride model

New ride-hailing platform offers zero commission for drivers and prepaid booking model, aiming to scale rapidly in Delhi-NCR and expand across India

Ubiqedge raises ₹10 crore to scale AIoT platform for infrastructure

Funding will help AIoT startup scale infrastructure monitoring platform, expand deployments, and strengthen partnerships across water, energy, and industrial sectors

Deep-tech startup Ctruh raises $2.5 million in seed round led by IPV

Ctruh secures seed funding to scale its spatial internet infrastructure and AI-powered 3D experience platforms globally