Tiger Global-backed Razorpay reports jump in FY19 cash burn but narrows losses

Shashank Didmishe

Razorpay Software, a Bengaluru-based payment solutions startup, significantly narrowed its losses for the financial year ended ....

6 December, 2019

Ola to triple its locations in Australia and New Zealand

Tanmay Tiwary

ANI Technologies, which operates ride-hailing platform Ola, is planning to launch its services in 11 new locations each in Australia ....

6 December, 2019
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Indian web professionals’ market to reach $750 mn: Zinnov-EIG

Supriya Roy

The digital opportunity for web professionals from India is estimated to be at $750 million in the next three years, according ....

6 December, 2019

IIM-A incubator CIIE.co scores first health-tech exit with Biosense

Supriya Roy

Indian Institute of Management, Ahmedabad’s startup incubator CIIE.Co has profitably exited its first health-tech investment. ....

6 December, 2019

Global IoT enterprise drone shipments to grow 50% in 2020

Tanmay Tiwary

Worldwide shipments of the internet of things (IoT) enterprise drones will total 526,000 units, an increase of 50% from 2019, ....

6 December, 2019

Virtusa launches AR, AI solutions for telecom field workers

Prajeet Nair

Massachusetts, US-based information technology company Virtusa has rolled out augmented reality (AR) based test and diagnostic ....

6 December, 2019
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In Brief: Swiggy may raise $300 mn from existing investors; Govt panel looks into non-personal data regulation

Tanmay Tiwary

Bengaluru-based Bundl Technologies, which owns and operates online food delivery platform Swiggy, is in talks to raise $300 million ....

6 December, 2019

Wipro launches cybersecurity defence centre in Melbourne

Anand J

Bengaluru-based information technology services firm Wipro has launched a cyber defence centre (CDC) in Melbourne, Australia. ....

6 December, 2019

IP Ventures, Sucseed Partners back sports discovery app Sportido

Tanmay Tiwary

Noida-based IDO Sports, which owns and operates sports discovery platform Sportido, has raised an undisclosed amount during its ....

6 December, 2019

Former Infosys execs-led fintech platform indyFint raises $2.1 mn in series A

Supriya Roy

Former Infosycians' fintech platform indyFint has raised $2.1 million in a series A investment round led by the founding president ....

5 December, 2019
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Beauty e-tailer Nykaa registers profit; revenue doubles

Shweta Sharma

Mumbai-based beauty e-tailer Nykaa has registered a profit (after taxation) of Rs 2.31 crore in FY19 against a loss of Rs 17.71 ....

5 December, 2019

Flipkart backs B2B logistics startup Shadowfax in $60 mn Series D round

Payal Ganguly

Bengaluru-headquartered logistics startup Shadowfax has raised an undisclosed amount from e-commerce marketplace Flipkart as part ....

5 December, 2019

Meet the four startups graduating from second Maersk OceanPro cohort

Prajeet Nair

Denmark-based logistics giant Maersk’s startup accelerator programme has announced the graduation of its second cohort.  OceanPro, ....

5 December, 2019

Lenskart narrows FY19 losses, registers strong sales

Supriya Roy

Lenskart Solutions, parent entity of the eponymous online eyewear retailer, narrowed its losses on the back of strong sales in ....

5 December, 2019

RBI raises cap for lenders on P2P platforms; new category of digital wallets on the cards

Payal Ganguly

The Monetary Policy Committee on Thursday increased the exposure of lenders on peer-to-peer (P2P) non banking financial companies ....

5 December, 2019

HPE launches a SaaS platform to optimise digital transformation at enterprises

Vignesh Ananthraj

San Jose, California based enterprise technology solutions provider Hewlett Packard Enterprise (HPE) has launched GreenLake Central, ....

5 December, 2019

Can Sundar Pichai pull a Satya Nadella at Alphabet?

Supriya Roy & Anand J

Alphabet CEO Sundar Pichai has many battles lined up ahead following his accession this week to the helm of affairs at the world’s ....

5 December, 2019

SaaS provider Clearwater Analytics unveils India operations, to hire 250 professionals

Tanmay Tiwary

Boise, US-based Clearwater Analytics, a global software as a service solution provider has launched its India operations with ....

5 December, 2019