ZEVO, a tech-enabled EV mobility platform, has raised $2 million in its pre-Series A round led by Pegasus India Fund, BizDateUp, JIIF, and a family office.
The proceeds will be used to deploy 5,000 electric vehicles and develop fulfillment centers across key locations.
Founded by Aditya...
Venture capital firm Trillion Dollar Ventures (TDV) has launched its second fund with a total corpus of Rs 50 crore, doubling its corpus size from the first fund. The new fund aims to support early-stage tech startups in India.
TDV plans to back innovative founders...
Omnichannel home interior and renovation platform HomeLane has announced its offer to acquire DesignCafe, a leading player in the home interiors market. The acquisition, which is awaiting regulatory approval, is expected to be one of India’s largest interiors companies.
Post-acquisition, the combined entity is projected...
Unacademy recorded Rs 988.4 crore in total revenue during FY24, a 5.33% decline compared to Rs 1,044 crore in FY23. However, the SoftBank-backed firm cut its losses by 62%, reducing them to Rs 631 crore in the fiscal year ending March 2024 from Rs...
Agritech startup Greenikk on Monday said that it is shutting down operations due to funding challenges and adverse market conditions.
Greenikk had raised around $1 million in total capital from the likes of 100 unicorns (9unicorns), IIM A ventures, Mastermind Capital, Smart Sparks and other...
Reward-based payments platform CRED continues its growing financial journey on the results side for the fiscal year ending March 2024. The fintech unicorn reported 66% growth in its scale during the last fiscal year, while also managing to reduce operating losses by 41%, bringing...
