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Shared Living Operator Stanza Living has raised $57 million in debt financing led by Kotak Mahindra Bank and RBL Bank. E...
24/03/2022

Shared Living Operator Stanza Living has raised $57 million in debt financing led by Kotak Mahindra Bank and RBL Bank. Existing Lender Alteria Capital also participated in the round.

Around 80% of the educators used to provide free lessons through Unacademy's Youtube channel, and the rest were educator...
24/03/2022

Around 80% of the educators used to provide free lessons through Unacademy's Youtube channel, and the rest were educators for Unacademy's subscription-based model.
Unacademy lays off 210 Teachers amid Cost Restructuring.

Image source- Inc42

Since Paytm's stock market debut on November 18 last year, Sharma has consistently lost around INR 88 Cr daily. A far cr...
19/03/2022

Since Paytm's stock market debut on November 18 last year, Sharma has consistently lost around INR 88 Cr daily. A far cry from that now, the company has lost nearly INR 1 Tn in market cap.

Building India's digital diagnostic infrastructure, 5C Network has found the perfect partner in 1mg to make this vision a reality.

Zomato picks up stake in Mukunda FoodsThe board has also approved acquisition of 16.66% take in food robotics and automa...
17/03/2022

Zomato picks up stake in Mukunda Foods
The board has also approved acquisition of 16.66% take in food robotics and automation firm, Mukunda Foods Pvt Ltd.

Unacademy PrepLadder team have been asked to vacate their positions, according to sources close to the company.
The company said the decision was taken after internal reviews and assessments to improve efficiency.

SRK tweeted "Kuch Kuch Hone Wala Hai, OTT ki duniya me"Anurag Kashyap retweeted SRK's tweet and announced his collaborat...
15/03/2022

SRK tweeted "Kuch Kuch Hone Wala Hai, OTT ki duniya me"
Anurag Kashyap retweeted SRK's tweet and announced his collaboration with King Khan's OTT. Anurag Kashyap tweeted "Dream Come True" Collaborating with Shah Rukh Khan on his new OTT app, SRK+

Navi Technologies has filed its DRHP( Draft Red Herring Prospectus) with SEBI to raise INR 3,350 Cr through an IPO. ...
14/03/2022

Navi Technologies has filed its DRHP( Draft Red Herring Prospectus) with SEBI to raise INR 3,350 Cr through an IPO.

blinkit focuses on growth and on increasing its speed of ex*****on, while also reducing its burn rate as much as possibl...
11/03/2022

blinkit focuses on growth and on increasing its speed of ex*****on, while also reducing its burn rate as much as possible.
Titan The Tata Group-led company plans to strengthen its presence in the growing wearable segment.

India's podcast landscape hosts 40+ multilingual podcast companies and recently, audio OTT startup Pocket FM baged $65Mn...
10/03/2022

India's podcast landscape hosts 40+ multilingual podcast companies and recently, audio OTT startup Pocket FM baged $65Mn to Introduce new languages.
According to reports, the India audio OTT market will grow up to $1.1 Bn by 2025, and to $2.5 Bn by 2030.

PhonePe led the UPI app market with INR 4.05 Cr transactions in January 2022.While February 2022's app-wise figures will...
07/03/2022

PhonePe led the UPI app market with INR 4.05 Cr transactions in January 2022.
While February 2022's app-wise figures will be released later this month.

Highlights from Zerodha Financials:Revenue- INR 2,728.9 CrProfit- INR 1,122.3 CrExpenses- INR 1260.1 Cr*The startup whic...
07/03/2022

Highlights from Zerodha Financials:
Revenue- INR 2,728.9 Cr
Profit- INR 1,122.3 Cr
Expenses- INR 1260.1 Cr
*The startup which turned unicorn without any external investment venture capital has generated a sales worth INR 2,789 Cr in FY21.

The Bengaluru-based startup is working to be ready for a listing by the end of 2022.The startup has so far raised $1.1 B...
07/03/2022

The Bengaluru-based startup is working to be ready for a listing by the end of 2022.
The startup has so far raised $1.1 Bn in funding across 11 rounds.

RBI has the power to cancel the CoR of any NBFC if it flouts directions issued by RBI or if it is fails to maintain acco...
02/03/2022

RBI has the power to cancel the CoR of any NBFC if it flouts directions issued by RBI or if it is fails to maintain accounts in accordance with the requirements of the law.
This also comes on the back of the Indian Government recently banning 54 apps and games of Chinese origin.

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