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News from IndianStartupNews

An on-demand talent platform TimBuckDo raises Rs 2 crore from Morton Meyerson, Nandkishore Kalambi

IndianStartupNews

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Bengaluru-based talent platform TimBuckDo has raised INR 2 crore ($270,000) in seed funding. The investment round was led by US-based angel investors Morton Meyerson and Nandkishore Kalambi. TimBuckDo aims to c...

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EKA Mobility onboards Rohit Srivastava as Chief Growth Officer

IndianStartupNews

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EKA Mobility, a leading electric vehicles and technology company, has appointed Rohit Srivastava as their Chief Growth Officer. With vast experience in sales and marketing, Srivastava will focus on expanding th...

Nutritionist asks Zomato, Swiggy to avoid using plastic containers

IndianStartupNews

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In a recent Instagram post, nutritionist Luke Coutinho urged restaurants and food delivery platforms like Swiggy and Zomato to deliver food in biodegradable, non-plastic containers. As a discussion unfolded in ...

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DriveU's FY24 gross revenue climbs 50% to ₹90 crore; profit up 38%

IndianStartupNews

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Bengaluru-based driver-on-demand service provider DriveU has reported a 50% increase in gross revenue, reaching ₹90 crore in FY24. Additionally, the startup's gross profit rose by 38%, marking its first achieve...

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Psychology for me: Kamath reveals alternative career choice

IndianStartupNews

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Zerodha co-founder Nikhil Kamath, in a recent post on X, shared his thoughts on an alternative career path outside of finance. He revealed his deep interest in psychology. "For anyone who asks, 'If not a job in...

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Gurugram-based electric ride-hailing service startup BluSmart enters UAE market

IndianStartupNews

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India's all-electric ride-hailing service, BluSmart, has announced its expansion into the United Arab Emirates (UAE) with its premium limousine service, #RideSmartDubai. By offering chauffeur-driven luxury ride...

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Fintech firm CASHe to hire 300 people, set up Technology Excellence Centre in Hyderabad

IndianStartupNews

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Fintech company CASHe plans to hire 300 employees by the end of the year as part of its expansion efforts. The company will be setting up a technology excellence centre in Hyderabad, which will support its tech...

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CarDekho Group appoints Neelesh Talathi as Group CFO

IndianStartupNews

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Talathi brings over twenty years of experience in business transformation, financial planning and analysis, equity financing, corporate governance, and mergers and acquisitions....

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Logistics firm Delhivery to set up subsidiary for drone manufacturing, air deliver services

IndianStartupNews

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Delhivery, a logistics firm, is venturing into the drone manufacturing and delivery services space by setting up a new subsidiary called Delhivery Robotics. With a proposed authorized capital of Rs 5 crore, Del...

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Medial Quiz

Which Indian fintech startup introduced the concept of 'Buy Now, Pay Later' in India?

• LazyPay• PhonePe• Paytm• MobiKwik

Former BharatPe executives founded OTPless raises $3.5M in a pre-Series A round

IndianStartupNews

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OTPless, an authentication and access management platform, has raised $3.5 million in a pre-Series A funding round led by SIDBI. The startup plans to expand its global presence and services beyond authenticatio...

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Raho Hospitalities raises Rs 20Cr in a seed round from Campus Fund

IndianStartupNews

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Bengaluru-based startup Raho Hospitalities has raised Rs 20 crore in seed funding from Campus Fund. The company plans to use the funding to establish 40 new projects across India by 2025 and target an annual re...

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Virat Kohli, Anushka Sharma to not sell shares in Go Digit's IPO

IndianStartupNews

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Go Digit General Insurance will open its IPO for subscription on May 15 and close on May 17. Virat Kohli and Anushka Sharma will not be selling their shares in this offering. Both collectively invested ₹2.5 cro...

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Shark Tank India sends legal notice to pitchers; Here's why

IndianStartupNews

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In a recent post on LinkedIn, Dorje Teas co-founder Sparsh Agarwal said that they had received a legal notice from Shark Tank India for using clips from their own pitch. Agarwal also claimed that they were not ...

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Amagi appoints Richard Perkett as Chief Product Officer (CPO)

IndianStartupNews

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Amagi, a global leader in cloud-based SaaS technology for broadcast and connected TV, has onboarded Richard Perkett as its Chief Product Officer (CPO). Richard brings over twenty-five years of experience in pro...

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D2C footwear brand Trase reacquired by its co-founders, raises $500K

IndianStartupNews

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Co-founders Jitin Goel and Dhruv Gupta have reacquired Trase from Upscalio due to a strategic shift towards home and kitchen categories by Upscalio. Post-reacquisition, Trase raised $500,000 to boost operations...

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American funds Baron Funds and Invesco hikes Pine Labs’ valuation

IndianStartupNews

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Pine Labs, a digital payments startup, has seen a revision in its valuation by American funds Baron Funds and Invesco. Baron Funds increased the startup's valuation to $5.8 billion, while Invesco raised it to $...

Fintech firm BharatPe elevates Nalin Negi as CEO; to focus on sustained profitability

IndianStartupNews

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New Delhi-based fintech firm BharatPe has appointed Nalin Negi as its Chief Executive Officer (CEO). Negi, who previously served as the Chief Financial Officer (CFO) at the company, brings over 28 years of expe...

B2B procurement marketplace ProcMart raises $30M in a Series B round led by Fundamentum Partnership

IndianStartupNews

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Indian B2B marketplace ProcMart has secured $30m in a series B funding round led by Fundamentum Partnership and Edelweiss Discovery Fund. The Noida-based start-up will use the cash injection to expand its busin...

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Medial Quiz

Which Indian e-commerce company started as a book retailer?

• Flipkart• Snapdeal• Myntra• Paytm Mall

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