Page 40 - Start Ups

Quick commerce unicorn Zepto to shift base from Mumbai to Bengaluru

The company will continue to have an office in Mumbai, but its operations will largely be carried out through the new space in Bengaluru

WazirX fallout: On crypto bourses table, a reparation fund for clients

Traditional insurance products for crypto difficult ask: Experts

ShareChat expands its convertible debentures round to $65 million

The additional funds will be invested in company's advertising tech stack

Byju Raveendran takes charge of Byju's as NCLAT accepts BCCI settlement

The NCLAT noted that "money being offered by the largest shareholder and former promoter (Riju Raveendran) has nothing to do with the US lenders, which gives the court power to rule"

WeWork India, myHQ by ANAROCK tie up for on-demand, virtual office growth

Users will be able to book these products from either of the platforms, myHQ or WeWork; the myHQ product journey will take over at the time of purchase

Meesho strengthens board with appointment of four independent directors

Meesho's new board members are expected to play a key role in advancing its strategic goals

NCLAT approves Byju's settlement with BCCI, sets aside insolvency plea

The appellate tribunal also dismissed the allegation of round-tripping levelled by Byju's US-based lenders, saying they failed to provide any evidence for the same

Blinkit targets 2,000 dark stores by 2026 end while profitable: CEO

The company has been expanding its dark store network at a rapid pace over the last few quarters

Ather Energy partners with Amara Raja for homegrown e-scooter batteries

Ather Energy currently operates two manufacturing facilities in Hosur, Tamil Nadu, for battery production and vehicle assembly

NCLAT defers edtech major Byju's, BCCI settlement after lender alert

Raveendran's brother had made part-payment on Tuesday

Six out of top ten most ordered items on Swiggy are vegetarian: Report

The report added that as many as 90 per cent of breakfast orders recorded were vegetarian. Masala Dosa, Vada, Idli, and Pongal topped the morning order charts

Gnani.ai on a mission to enhance customer experience using voice-first AI

Gnani.ai was founded in 2016 by Ganesh Gopalan and Ananth Nagaraj, after multiple years of experience of scaling tech businesses at Texas Instruments, IBM and Aricent

BCCI in discussion with Byju's to settle dispute related to unpaid dues

Solicitor General Tushar Mehta, who appeared on behalf of the BCCI, informed the bench that some talks were on and the BCCI wanted time to see if "anything fruitful will come" out of such discussion

Dunzo co-founder Mukund Jha in talks to raise Rs 50-80 cr for new startup

Mukund Jha is looking to secure funds from Together Fund for a Gen AI company aimed at automating quality assurance (QA) processes for businesses

Flipkart Pay merges all payments, fintech offerings into unified interface

The e-commerce firm aims to provide customers a seamless payment experience as it gears up for the festive season

Rapido enters unicorn club with $120 million round led by WestBridge

According to Entrackr's estimates, the company raised the funding at a post-money valuation of Rs 8,517 crore or a little over $1 billion

Bajaj Auto-powered electric mobility company Yulu eyes global ride

It plans to pedal overseas with a Bajaj product and accelerate into India's e-commerce space with a high-speed two-wheeler

EV startup Simple Energy raises $20 million in series A funding round

The funds will be used to scale up the production of Simple Energy's e-scooters, the Simple One and Simple Dot One

With no angel tax, startups and investors hope for better funding scenario

While the abolition of the angel tax is a big win for startups and their investors, the ecosystem is not out of the woods yet

Razorpay eyes $750 billion P2M payments by 2030, says CFO Arpit Chug

The startup, which is valued at over $7 billion, is intensifying its efforts to achieve profitability in all of its businesses and move its domicile to India, as it is planning an IPO in 2-3 years