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Unicommerce records 50% revenue growth in FY’23

The company has achieved an annual run rate of processing over 600 million transactions amounting to over $7 billion in annual gross merchandise valueNew Delhi: Softbank-backed Saas platform Unicommerce has registered a 50 percent growth in revenue driven by...

Investment in Indian startups in H1 2023 lowest in last four years: PwC India

Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of businessNew Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...

Fast-fashion brand French Crown raises Rs. 8.6 crore from Velocity

The funding will be utilised to expand French Crown’s international presence Bengaluru: Gujarat-based fast-fashion brand French Crown has raised Rs. 8.6 crore over multiple tranches from a financial technology firm Velocity, the retailer said in a press release. The funding will...

Drools raises $60 million from L Catterton

Drools, which makes food for cats and dogs, has almost quadrupled its revenue over the past three years by building an omnichannel pan-India pet food businessMumbai: Drools Pet Food on Tuesday said it has received funding of around $60...

DPIIT takes up startup taxation issue with FinMin: Secretary

The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of startups with the finance ministryNew Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of...

Supply chain tech firm Pando raises $30 million in Series B funding

The funds will be used to drive Pando’s growth across geographies and industriesBengaluru: Supply chain software startup Pando has raised $30 million in a Series B funding round bringing total capital raised so far to $45 million, the company said...

E-commerce start-up Direct2U raises Rs. 1.8 crore in seed round led by IPV

The fund raised will be used for technology development, hiring, marketing and expansion plans Bengaluru: E-commerce platform Direct2U has raised Rs.1.8 crore in a seed round led by Inflection Point Ventures (IPV), announced the company in a press release on Friday....

Proost Beer raises Rs 8.5 crore in a funding round

The funding round was led by Mumbai Angels, Hyderabad Angels, Speed Fund, GetVantage, Finnvolve and other prominent angel investors, including existing investors Dauble PTE and Dev Punj New Delhi: Beer brand Proost raised Rs 8.5 crore in a funding round led...

Fashinza raises $30 million from Mars Growth Capital

The Gurugram-based firm plans to use the funds to fuel its ongoing transition into a global business with significant operations in the USA, Gulf, and EuropeNew Delhi: B2B e-commerce startup Fashinza, which focuses on global fashion supply chains, has...

PhonePe raises $200 million in additional funding from Walmart

With this tranche, the company has raised a total of $650 million (around Rs 5,360 crore) from several global investorsNew Delhi: PhonePe, one of India's largest fintech platforms, on Friday said it has raised an additional $200 million (around...
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IndiaMART bags Gold for its integrated Annual Report at LACP Spotlight Awards 2024

Awarded for the third consecutive year, the report scores 98 out of 100 and secures a spot in the...
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