Advertisements Bob van Dijk, the Chief Executive Officer at global consumer internet firm Prosus and Naspers, has resigned after ten years. However, he will remain as a consultant to the Boards until September 30, 2024. After the resignation, Ervin Tu,… Read More ›
Advertisements EquityList, a shareholder management platform, which was spun off from Naval Ravikant-founded AngelList’s India entity in January, has raised USD 2.2 million in its seed funding round from AngelList India, Hustle Fund, Unpopular Ventures, private investing platform Republic and… Read More ›
Advertisements Mumbai-based MagTapp Technologies recently raised Rs 1 crore in funding from its existing angel investors and others. The funding will be used to advance the development of its AI-based AdTech system, which integrates visual meaning API with an indigenous… Read More ›
Advertisements Aye Finance, a leading MSME lender, has reported a profit of Rs 38.67 crore in the first quarter of fiscal year 2023-24 (Q1 FY24). The company was profitable in last fiscal year as well. In FY23, Aye Finance generated… Read More ›
Advertisements Fintech player Zaggle Prepaid Ocean Services on Tuesday said it has raised Rs 25 crore from ValueQuest Scale Fund in the pre-IPO (initial public offering) round. The fresh funds were followed by Rs 73 crore funding last week. With… Read More ›
Advertisements FirstCry, the omnichannel unicorn retailer focused on children and women segments, has raised Rs 435 crore (around USD 58 million) from three Indian family offices in a secondary transaction. The investors are Ranjan Pai’s MEMG Family Office, Harish Mariwala’s… Read More ›
Advertisements Prosus, the Dutch-listed arm of South African technology investor Naspers, has announced that it will be splitting its edtech and food-delivery segments into two separate entities, each with its own dedicated leadership team. The move, which will be effective… Read More ›
Advertisements Cherian Thomas, who previously held the position of Senior Vice President for international business at Byju’s, has departed from the company, marking a notable exit from the troubled edtech firm amidst a series of challenges it is currently facing…. Read More ›
Advertisements Hypergro.ai, a marketing automation platform, has successfully raised USD 842,384 (approximately Rs 7 crore) in a seed funding round that was led by SilverNeedle Ventures. The funding initiative also witnessed the involvement of other contributors including Huddle, TDV Partners,… Read More ›
Advertisements Global Fintech Festival (GFF) organisers on Friday said they are aiming to facilitate funding of over USD 10 million at the upcoming event in the financial capital. This funding target is for startups alone and excludes growth-stage companies which… Read More ›
