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Colossa Ventures raises Rs.100 crore for women-focused fund

Bengaluru, March 7 -- Colossa Ventures has secured Rs.100 crore from Ranjan Pai's family office, , and other investors for its maiden fund-which it said has been designed to back "women-first" busines... Read More


Identity verification startup IDfy raises $27 mn

Bengaluru, March 6 -- Identity verification startup IDfy has raised $27 million in a combination of primary and secondary fundraising from Elev8 Venture Partners, KB Investment, and Tenacity Ventures.... Read More


Advent, Multiples to invest Rs.1,930 crore in Ananya Birla's Svatantra Microfin

New Delhi, March 4 -- Private-equity funds Advent International and Multiples said they will invest Rs.1,930 crore in Ananya Birla's Svatantra Microfin. They said this will be the largest private-equi... Read More


Larger seed rounds increasing the pressure on founders: Eximius Ventures survey

New Delhi, March 3 -- The average seed funding amount has grown over the past few years, increasing the pressure on founders to deliver revenue metrics and raise another round, showed a survey of arou... Read More


K12 Techno Services expects revenue to surge in FY24, says no substitute for in-person learning

New Delhi, March 1 -- Education and technology services platform K12 Techno Services, which runs the Orchids International School chain, will see its revenue increase from Rs.383 crore in FY23 to abou... Read More


CarDekho Group's Rupyy eyes bigger pie of used car financing market

New Delhi, Feb. 28 -- Rupyy, the digital lending and used car financing platform of CarDekho Group, plans to expand into the used commercial vehicles financing segment in FY25 with an eye on boosting ... Read More


Yulu raises $19.25 mn from existing investors Bajaj Auto, Magna

Bengaluru, Feb. 23 -- Electric mobility startup Yulu has raised $19.25 million in equity funding from existing investors Magna and Bajaj Auto Ltd. "The additional capital raised will enable Yulu to m... Read More


Unacademy moved fast to break things. It ended up with a fracture

Bengaluru, Feb. 22 -- Ten managers in six months. That's the number of bosses a sales employee at Unacademy, an Indian edtech company valued at $3.5 billion, worked for, until December last year. He ... Read More


Peak XV-backed Log9 retrenches over 115 contractual staff, delays salaries

New Delhi, Feb. 22 -- Nanotechnology startup Log9 Materials has retrenched over 115 contractual workers at its Bengaluru factory and delayed January salaries to employees and vendor payments, accordin... Read More