India’s venture-backed startups raised over Rs 44,000 crore ($5.3 billion) from public markets in FY25, greater than double the late-stage capital they secured from personal traders throughout the identical interval, in keeping with The Rainmaker Group’s RainGauge Index FY25 Annual Replace. The information factors to a decisive shift within the startup funding lifecycle with IPOs,…
Fast commerce main Blinkit will see operations changing into extra environment friendly and worthwhile following its shift to an inventory-led mannequin, per analysts. Within the week main as much as the discharge of the first-quarter outcomes, which ended June 30, Everlasting introduced that Blinkit would transfer from a market mannequin to an inventory-led method. The…
From Ivy League halls to India’s premier tech institutes, these visionaries constructed their world-changing startups on sturdy educational foundations. Indian-origin entrepreneurs are on the forefront of world innovation, main the cost in AI, house tech, fintech, and social impression. Whereas a lot of the highlight is on their billion-dollar valuations and high-growth ventures, their educational…
Consultant Picture New Delhi: The federal government has recognized 12 cities with a inhabitants of greater than 2.5 million every to watch e-commerce worth traits as a part of efforts to precisely seize altering consumption patterns within the new Shopper Worth Index (CPI) sequence, which is scheduled for launch in 2026, mentioned individuals conscious of…
Highlights Uber is launching B2B logistics by means of the government-backed Open Community for Digital Commerce, beginning with meals deliveries and increasing to ecommerce, grocery, prescribed drugs, and healthcare logistics. Uber has partnered with the Open Community for Digital Commerce to allow metro ticket reserving, beginning with the Delhi Metro Rail Company, and plans to…
Zomato-backed ecommerce logistics firm Shiprocket is anticipated to file a draft prospectus with the Securities and Trade Board of India (Sebi) shortly for its preliminary public providing (IPO), three individuals within the know informed ET. “Shiprocket’s board has permitted the IPO plan and the corporate is planning to file its papers in a day or…
New Delhi: Everlasting Ltd (previously Zomato) on Thursday reported an enormous 77 per cent decline in consolidated web revenue at Rs 39 crore within the fourth quarter (This autumn FY25) — from Rs 175 crore within the year-ago quarter. On the quarterly foundation, the meals supply main Zomato, which owns Blinkit, suffered a web revenue…
Zomato CEO Deepinder Goyal shared a publish on X refuting claims made in a Reddit publish about his firm dropping market share and descending into whole chaos. The share additional alleged that staff in his firm had been being compelled to order from Zomato and banned from utilizing different platforms like Swiggy and Zepto. He…
CPR Coaching: जेनजो 5जी एम्बुलेंस सेवाओं की एक पहल ने अब भारत के कई राज्यों और शहरों में जोमैटो डिलीवरी बॉयज को सड़कों पर चिकित्सा आपातकाल की स्थिति में सीपीआर और बुनियादी प्राथमिक उपचार देने में प्रशिक्षित किया है. जेनजो की सह-संस्थापक और सीईओ श्वेता मंगल का कहना है कि इस पहल का उद्देश्य आपातकालीन…
Bengaluru-based 10-minute food-delivery startup Swish has raised $14 million (about Rs 122 crore) in a funding spherical led by UK-based fund Hara International and present investor Silicon Valley-based enterprise capital agency Accel. The spherical additionally noticed participation from angel traders equivalent to Cred founder Kunal Shah, Unacademy founder Gaurav Munjal and Softbank associate Sumer Juneja….
