Dunzo co-founder Mukund Jha in talks to raise Rs 50-80 crore for a startup | Start Ups

Co-founder and former CTO of Dunzo Mukund Jha | Image: LinkedIn 2 minutes reading time Last update: July 30, 2024 | 17:28 IS Mukund Jha, co-founder and former CTO of Dunzo, is in talks to secure a funding of Rs 50-80 crore (roughly $6-10 million) from Together Fund for his startup, according to a report … Read more

Lead Group Revenue: Lead Group posts positive EBITDA in Q1FY25; revenues up 25% to Rs 370 crore in FY24

Leading group of educational technology unicorns reported a 25% increase in revenuereaching Rs 370 crore for the fiscal year ended March 31, 2024. The company on Wednesday said it achieved earnings before interest, tax, depreciation and amortization (Ebitda) positivity in the first quarter of FY25 and is on track to achieve Ebitda breakeven for the … Read more

LLUMO AI, a Noida-based AI optimization startup, raises $1 million in funding

Based in Noida AI Optimization startup LLUMO AI has raised $1 million in seed funding funds round led by SenseAI Ventures, an AI-focused venture capital fund. Several other investors, including India Quotient, AumVC, Venture Catalyst, IIM Indore Alumni Angel fund and several US-based angel investors, also participated in the round. What does LLUMO AI do? … Read more

BCCI in talks with Byju’s to resolve dispute over unpaid dues | Start Ups

A Byju’s learning centre in Mumbai. Photographer: Dhiraj Singh/Bloomberg 2 minutes reading time Last update: July 31, 2024 | 00:01 IS Education technology company Byju’s is in talks with the Board of Control for Cricket in India (BCCI) to settle the Rs 158.90 crore it owes to the latter, the Indian cricket board’s lawyer told … Read more

Titan Capital: Titan Capital closes Rs 200 crore fund to double its portfolio of existing startups

Early Stage Investor Titan CapitalFounded by the co-founders of Snapdeal Kunal Bahl and Rohit Bansalhas raised Rs 200 crore for its new fund through which the company will double its existing investment. portfolio companies. Bahl and Bansal are the pillars of Titan Capital Winners Fund, as its largest limited partners or sponsors. This is the … Read more

Bengaluru-based unicorn startup Perfios hires Rajesh Kini as its new CFO

Bengaluru-based B2B SaaS fintech startup Perfios today announced the appointment of Rajesh Kini as its new Chief Financial Officer (CFO). Last year, Perfios made three other key appointments, including Sridhar Narayan as Chief Business Officer (CBO), Sumit Nigam as Chief Technology Officer (CTO) and Anu Mathew as Chief People Officer (CPO). These strategic additions are … Read more

Six of the top ten items ordered on Swiggy are vegetarian: Report | Start Ups

Masala Dosa, on the other hand, enjoyed nationwide popularity and emerged as a popular choice for breakfast, lunch and dinner. 2 minutes reading time Last update: July 31, 2024 | 17:48 IS Swiggy, the leading food delivery service, has seen a prodigious rise in orders for vegetarian dishes over the past year, with six of … Read more

Shiprocket: Shiprocket’s D2C marketplace Zop in pilot phase, says CEO Saahil Goel

Powered by Zomato e-commerce start-up of enabling rocket is trying a new D2C Market called zopManaging Director and CEO Sahil Goel told ET. The platform, currently in its pilot stage, hosts around 200 to 300 brands. “For the last six months, we have been focusing on helping merchants create demand. So in that effort, Shiprocket … Read more

NCLAT postpones Byju’s-BCCI deal, ed-tech student, after lender alert | Start Ups

A Byju’s learning centre in Mumbai. Photographer: Dhiraj Singh/Bloomberg 4 minutes reading time Last update: August 1, 2024 | 10:45 a.m. IS The Board of Control for Cricket in India (BCCI) on Wednesday informed the National Company Law Appellate Tribunal (NCLAT) that it has reached a settlement with Byju’s over payment of Rs 158.90 crore … Read more

Rivian: EV startup Rivian’s production chief joins Stellantis

RivianManufacturing chief leaves EV startup to join Stellantis at a time when the creator of Jeep SUVs and Ram Trucks is preparing to launch a series of battery-powered cars. Tim Fallon will join Stellantis as head of manufacturing in North America effective Sept. 2, Stellantis said in a statement. Rivian, known for its R1S SUVs … Read more