Startups

Zerodha’s 62% Surge in Profit in FY24: A Bright Spot Amidst the Declining Revenue Growth and SEBI’s True-to-Label Directive

Zerodha, India’s leading online stock broker, has once again made headlines with its stellar financial performance in FY24, ending March 31, 2024. The Bengaluru-based firm reported an impressive 21% YoY increase in its operating revenue, reaching an all-time high...

Rapido’s Bold Bet: How the Unicorn is Redefining India’s Ride-Hailing and Quick Commerce Sectors

The Indian startup ecosystem is again witnessing a resurgence of funding after almost two years of drought during the COVID-19 pandemic. A prime example of this revival is Rapido, a nine-year-old ride-hailing service, which has recently secured $200 million...

A Massive 76% Drop in OYO Valuation: Much Below Than Total Capital Raised

The Covid-19 pandemic has had a severe impact on businesses worldwide, with some managing to recover while others have shut down. OYO is one such startup that is still grappling with financial challenges to keep its operations afloat smoothly...

Layoffs in Indian Startups Declined 46% YoY in H1 2024: Is the Worst Over?

Good news for employees in the Indian startup ecosystem! After a prolonged storm of layoffs in 2022 and 2023, the ecosystem has been showing signs of stabilization in 2024. Interestingly, the number of layoffs in Indian startups has declined...

The Impact of Retaining Top Talent: Reshaping the Future of Startups

One of the most important investments a new business or startup can make is to retain its top-performing executives. A business may greatly benefit from the presence of experienced employees who have the necessary skill set, work ethic, and...

Amidst Zepto Raising $665 Million at Astounding Valuation India’s Quick Commerce Market Heats Up

India's quick commerce market is witnessing an unprecedented boom, fueled by continuous advancements by its key players. In a lightning-fast move, Zepto has secured a staggering $665 million in funding, more than doubling its valuation to $3.6 billion. The...

Remarkable Surge in DeepTech Startups in India, Yet Funding Drops 77% YoY: What’s Shaking Investors’ Confidence?

The world is witnessing a remarkable surge in the birth of startups harnessing new-age technologies such as artificial intelligence (AI), machine learning (ML), blockchain, the Internet of Things (IoT) and more. This technological revolution is reshaping industries, economies, and...

Funding in Indian Tech Startups Rebounds in H1 2024, But Fintech Fast Losing Its Mojo!

Funding in Indian startups is showing signs of revival, albeit cautiously optimistic. After a funding winter of more than two years, Indian tech startups received $4.15 billion in funding across an impressive 540 deals during the first half of...

Ola Electric IPO: India’s First EV Startup IPO With $6 Billion Valuation

The IPO of Ola Electric is all set to make its debut!!! Ola Electric, a leading player in India's electric two-wheeler (E2W) market, has recently received approval from the Securities and Exchange Board of India (SEBI) to launch its...

The Battle for “Going Out”: Zomato vs BookMyShow Heats Up with Paytm Ticketing Deal

In the ever-evolving Indian startup ecosystem, food delivery giant Zomato is discussing acquiring Paytm’s ticketing business for approximately ₹1,600-1,750 crore ($190-210 million). Both companies have confirmed this deal in their filings, indicating a significant strategic realignment for both parties. The...
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5 Ways Generative AI Will Disrupt the Payments Industry in 2025

Generative AI is one of the most hotly anticipated developments in the fintech landscape in 2025, and its disruptive...
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