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Quikr posts first-ever profit in FY24 but left with only Rs 20 Cr in current assets

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Quikr posts first-ever profit in FY24 but left with only Rs 20 Cr in current assets

Quikr’s revenue from operations dropped 12% to Rs 45 crore in FY24 from Rs 51 crore in FY23, according to its consolidated financial statement sourced from the Registrar of Companies (RoC). Once one of India’...

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BAT VC announces $100 Mn fund to back Indo-US startups

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BAT VC announces $100 Mn fund to back Indo-US startups

Snippets BAT VC announces $100 Mn fund to back Indo-US startups Former X India head Manish Maheshwari’s venture capital (VC) firm, BAT VC, has made a foray into India with the announcement of a $100 Mn fund to...

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Kriscore Capital announces first close of Rs 200 Cr

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Kriscore Capital announces first close of Rs 200 Cr

Kriscore Capital, a newly launched venture firm focusing on early-stage Indian tech startups, has announced the first close of its maiden Rs 200 crore ($23.3 million) fund, with an initial corpus of Rs 100 cror...

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Value retail chain 1-India Family Mart raises $12 Mn in Series D round

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Value retail chain 1-India Family Mart raises $12 Mn in Series D round

Value retail chain 1-India Family Mart has raised $12 million in a Series D funding round, from a mix of existing and new investors. The round saw participation from Gulf Islamic Investments, Singapore-based Fo...

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Pod hotel startup Naptapgo raises pre-seed round led by IPV

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Pod hotel startup Naptapgo raises pre-seed round led by IPV

Pod hotel startup Naptapgo has raised Rs 2 crore ($233K) in its pre-seed round led by Inflection Point Ventures (IPV). The proceeds will be used to expand franchise development, marketing, and technology integr...

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Ice cream brand Hocco raises $10 Mn in first close of Series B round

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Premium ice cream brand Hocco has raised $10 million as the first tranche of its $20 million Series B round, co-led by promoter Chona Family Office and consumer-focused venture capital firm Sauce VC. The fresh ...

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Gensol faces insolvency as IREDA moves NCLT over Rs 510 Cr loan default

Entrackr

Entrackr · 15h

Gensol faces insolvency as IREDA moves NCLT over Rs 510 Cr loan default

Gensol faces insolvency as IREDA moves NCLT over Rs 510 Cr loan default The Indian Renewable Energy Development Agency (IREDA) has moved the National Company Law Tribunal (NCLT) against Gensol Engineering Ltd,...

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Ixigo posts Rs 284 Cr revenue Q4 FY25; profit jumps 2.4X

Entrackr

Entrackr · 21h

Ixigo posts Rs 284 Cr revenue Q4 FY25; profit jumps 2.4X

Ixigo released its financial results for the fourth quarter of the ongoing fiscal year (Q4 FY25) on Wednesday. The company reported a 72% growth in scale, while its year-on-year (YoY) profits increased by 2.4X ...

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BharatPe CTO Pankaj Goel resigns

Entrackr

Entrackr · 22h

BharatPe CTO Pankaj Goel resigns

Pankaj Goel, who joined BharatPe as Chief Technology Officer (CTO) in July 2023, has stepped down from his position, according to sources familiar with the matter. His departure comes after a tenure of less tha...

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Medial Quiz

Which AI startup focused on finance and accounting recently secured $6.5 million in Series A funding?

Alt DRX

TheAlphaCode.org

Hyperbots

TIEA Connectors

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Gameskraft pauses operations of Pocket52

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Entrackr · 23h

Gameskraft pauses operations of Pocket52

Gameskraft has announced a strategic pause on its poker platform, Pocket52, as part of a broader plan to reassess and redefine its approach to the poker category in India. According to the company, it aims to d...

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WhiteHat Jr founder Karan Bajaj raises $16 Mn for new startup Complement1

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WhiteHat Jr founder Karan Bajaj raises $16 Mn for new startup Complement1

WhiteHat Jr founder Karan Bajaj raises $16 Mn for new startup Complement1 WhiteHat Jr was acquired by Byju’s for $300 million three years ago. At the time, its CEO Karan Bajaj went on to lead Byju’s Future Sch...

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VFlowTech raises $20.5 Mn led by Granite Asia

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VFlowTech raises $20.5 Mn led by Granite Asia

VFlowTech, a provider of vanadium redox flow battery (VRFB) systems, has raised $20.5 million led by Granite Asia. The round also saw participation from Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and exist...

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Hiring platform Third Bracket raises Rs 5 Cr in seed round

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Hiring platform Third Bracket raises Rs 5 Cr in seed round

Smart hiring platform Third Bracket has picked up Rs 5 crore in a seed funding from a group of HNIs. The fresh funds will be allocated towards hiring through advanced AI capabilities, accelerating product innov...

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OYO wins relief as Delhi HC rejects Zostel stake award

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OYO wins relief as Delhi HC rejects Zostel stake award

After years of legal back-and-forth, the Delhi High Court has ruled in favour of travel-tech firm OYO, setting aside an arbitral award in its long-standing dispute with Zostel Hospitality, the parent company of...

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Titan Capital leads seed round in ContraVault AI

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Titan Capital leads seed round in ContraVault AI

Titan Capital leads seed round in ContraVault AI Tender and RFP management platform ContraVault AI has raised Rs 5.1 crore in a seed funding round led by Titan Capital along with participation from notable inv...

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SoftBank turns around in FY25: Clocks $7.4 Bn profit, bets big on AI and chips

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SoftBank turns around in FY25: Clocks $7.4 Bn profit, bets big on AI and chips

SoftBank Group has posted a net profit of $7.4 billion in FY25, marking a sharp reversal from a loss of $1.4 billion in the previous year. The turnaround follows aggressive bets on artificial intelligence and s...

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LUZO raises $550K in seed round led by Enrission India Capital

Entrackr

LUZO raises $550K in seed round led by Enrission India Capital

LUZO, a digital marketplace for salons, spas, and wellness clinics, has raised $550K in a seed funding round led by Enrission India Capital Inc., with participation from Swiggy Dineout and Orra founders. The pr...

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ReelSaga raises $2.1 Mn in seed round led by Picus Capita

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ReelSaga raises $2.1 Mn in seed round led by Picus Capita

ReelSaga, a mobile-first entertainment startup, has raised $2.1 million in a seed funding round led by Picus Capital. The round also saw participation from ITI Growth Opportunities Fund, Nazara Technologies, 8i...

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Medial Quiz

What do we call the first external money a startup raises?

Seed Funding

Pre-Series A

IPO

Exit Fund

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Early and growth-stage investments in disruptive technology companies with...

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