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Oyo, the hospitality startup, is pursuing a pre-IPO round at a $2.3 billion valuation, 80% below its 2019 peak of $10 billion. Fundraising: Targeting $80-90 million from HNIs, family offices, and smaller investors. Minimum investment reduced from $

‼️ Uber vs. Lyft: The Mobility Showdown Continues in USA Ride-hailing giants Uber and Lyft continue their battle for dominance in the mobility service market. In Q1 2024, Uber maintained its lead with $10.1 billion in revenue and $37.7 billion in g

Top News of the Day: 1. Dating App flutrr Unveils AI Chatbot To Simplify Conversations For Users 2. Baanhem Ventures, the makers of Startup Thamizha, has raised fresh funding of Rs 3.3 crore from tech leader Mr. Kumar Vembu through his newly establ

Top News of the Day: 1. Peak XV downsizes its $2.85 billion fund by 16% a year after Sequoia US-India split 2. Adani Enterprises’ $1.3 billion stake sale expected to start early next wee 3. X agrees to pay Brazil fines, court orders finances unblo

Top News of the Day: 1. Global brokerage Macquarie said IPO-bound Swiggy seems to be 4-6 quarters behind Zomato. Swiggy's gross order value is around 26.5% lower than Zomato's. 2. Aditya Birla Digital Fashion Ventures has acquired a higher stake in

Top News of the Day: 1. OpenAI to become for-profit firm, Altman to get 7% stake 2. NASA and SpaceX postponed the launch of Crew-9 mission to September 28 due to Tropical Storm Helene. 3. Furniture Rental Startup RentoMojo To Suit Up For IPO In T

Meet the man who started with Rs 13,000 and built an 8000 CR Ice Cream brand. 1. RG Chandramogan was born near the firecracker town of Sivakasi. Although known for matchboxes, his life was in darkness. His father could not run a small provisional s

Top News of the Day: 1. World's largest crypto exchange Binance issued a statement on WazirX's ₹1,965-crore hack. Binance said WazirX and CEO Nischal Shetty are "misleading customers" about their relationship. 2. Stolen customer data from Star Hea

Once upon a time, there was a humble YouTube channel that dared to dream. PhysicsWallah, the brainchild of Alakh Pandey, started as a beacon of hope in the cluttered world of Indian edtech. It promised affordable, quality education without the frills

The ecosystem for startups has truly arrived. The fact that the startup ecosystem in India is currently the third largest in the world says a lot about how frequently and quickly ideas are turning into businesses here. The goal of this blog series is