Page 8 - Start Ups

Nothing raises $200 million from Tiger Global, Nikhil Kamath, others

Alongside the Series C funding, Nothing said it is also preparing for a new 'Community round' to allow its supporters an opportunity to invest in the company

Myntra partners Sourav Ganguly to launch Souragya ethnic wear brand

Myntra has teamed up with Sourav Ganguly to launch Souragya, a premium ethnic wear brand featuring Bengali-inspired festive designs ahead of the Durga Puja shopping season

SuperGaming's MaskGun crosses 100 mn downloads, raises $15 mn funding

Pune-based SuperGaming's first-person shooter MaskGun has crossed 100 million downloads worldwide as the studio secures $15 million in Series B funding backed by global investors

Swiggy rolls out 'Toing' app in Pune amid rising food delivery rivalry

Swiggy has introduced a new standalone food delivery app, Toing, in Pune to cater to students and young professionals with affordable meals as competition in the sector intensifies

Marbles Health aims ₹100 cr ARR in 3 years, to unveil mental health device

Marbles Health eyes Rs 100 crore ARR in three years, strengthens EASE platform, develops at-home device, expands footprint in India, signs MoU with NHS for global collaboration

Three Indian startups among 19 selected for Commonwealth Startup Fellowship

The three startupsGhaziabad-based lifeandlimb.ai, Jaipur-based Hexpressions, and Maharashtra-based agritech startup AgrowSurewere chosen from more than 1,400 companies across 44 countries

GST 2.0: Food-delivery giants face new ₹500 cr tax bill, margin crunch

Platforms must pay 18% GST on behalf of delivery workers, a move that could squeeze margins and raise consumer costs as growth slows

Bain, Sattva launch $100 mn co-living platform; Colive raises $20 mn

Sattva-backed Colive partners with Bain Capital to launch a pan-India co-living platform, with $100 million investment to fuel growth and $20 million in additional strategic funding

Vedanta Group's Invenia aims for growth in data centre, system integration

edanta Group's Invenia Tech, the demerged digital infrastructure arm of Sterlite Technologies, plans to drive growth through fiber deployment, system integration, and data centre projects

Small brands skip price wars, bet on premium strategy this festive season

Direct-to-consumer companies focus on personalisation and cultural relevance ahead of the festive season as big brands on large e-commerce platforms slash rates

All in Capital targets closing its second fund in next three months

With an estimated corpus of $25 million, the VC firm plans to invest in 45-50 startups over the next three years in sectors like consumer-tech, artificial intelligence, and deeptech

Seekho raises $28 mn to expand bite-sized learning for mass market

The short-form learning startup targets the next 500 million users with vernacular content

CityMall raises $47 mn funding to build value e-commerce for Bharat

Currently serving over 60 cities across Delhi NCR, Uttar Pradesh, Haryana, Uttarakhand, and Bihar, CityMall has been on a 2x year-over-year growth trajectory over the past few years

$235 mn arbitration dispute: HC bars Byju Raveendran from alienating assets

A single-Judge Bench of Justice R. Nataraj passed an interim injunction restraining Raveendran and Byju's from alienating or transferring the assets listed in the petition

Meesho to add 12 lakh seasonal jobs, 70% from tier-3 and tier-4 cities

Meesho will create 12 lakh seasonal jobs across its seller and logistics network ahead of the festive season, with most roles coming from tier-3 and tier-4 cities

Issue of restricted rare earth magnets' supply sorted for now: Ather Energy

The CEO plans to double this share in the April-June quarter of the previous year. "Twenty per cent market share is something I think is possible for our business in the near term," Mehta said

Elev8 Venture Partners closes ₹1,400 cr fund despite global VC slowdown

India-focused fund attracts investors from Korea to Hong Kong as venture funding hits multi-year lows

TransBnk raises $25 million to expand banking infrastructure platform

TransBnk secures $25 million in Series B funding led by Bessemer to expand into Southeast Asia and Middle East while strengthening its domestic banking infrastructure platform

India bets on open-source AI to challenge US tech giants: Himanshu Tyagi

Sentient founder Himanshu Tyagi advocates for open-source AI to ensure India's technological sovereignty, as the country's AI talent pool grows rapidly and aims to challenge US and Chinese dominance

WinZO announces launch in the US, expanding international footprint

WinZO's expansion into the US is a critical part of its strategy to become the global go-to consumer technology platform for all new-age content consumption, the company said