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Sharan Hegde’s The 1% Club Fires 15% Workforce Askwiki

Sharan Hegde’s The 1% Club Fires 15% Workforce

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Finfluencer Sharan Hegde’s financial edtech platform, The 1% Club has laid off 15% of its total workforce as part of a cost-cutting exercise.  In a…

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Airtel Payments Bank Q2 Profit Zooms 45% To INR 11.2 Cr Askwiki

Airtel Payments Bank Q2 Profit Zooms 45% To INR 11.2 Cr

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Airtel Payments Bank reported a net profit of INR 11.2 Cr in the second quarter (Q2) of the fiscal year 2024-25 (FY25), up 45% from INR 7.7 Cr in th…

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FSSAI To Meet Quick Commerce Execs Over Sale Of ‘Near-Expiry’ Food Products Askwiki

FSSAI To Meet Quick Commerce Execs Over Sale Of ‘Near-Expiry’ Food Products

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Amid the ongoing controversy over food safety concerns at a Zomato warehouse, the Food Safety and Standards Authority of India (FSSAI) reportedly pl…

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Pixxel’s Commercial Satellite Constellation To Be Launched Early Next Year Askwiki

Pixxel’s Commercial Satellite Constellation To Be Launched Early Next Year

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Spacetech startup Pixxel has announced the launch of its commercial satellite constellation. Called Fireflies, the constellation of six hyperspectra…

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Easy Bags $35 Mn To Offer Mortgage-Backed Loans To Home Buyers Askwiki

Easy Bags $35 Mn To Offer Mortgage-Backed Loans To Home Buyers

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Lending tech startup Easy Home Finance has raised $35 Mn as part of its Series B funding round co-led by Claypond Capital, the investment office of …

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Marut Drones Bags $6.2 Mn From Lok Capital Askwiki

Marut Drones Bags $6.2 Mn From Lok Capital

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Drone technology startup Marut Drones has secured $6.2 Mn (around INR 52.1 Cr) in a Series A funding round from Lok Capital.  The Hyderabad-based s…

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Riding On Festive Season, ONDC Logs 14 Mn Transactions In October Askwiki

Riding On Festive Season, ONDC Logs 14 Mn Transactions In October

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State-owned Open Network for Digital Commerce (ONDC) reportedly logged 14 Mn monthly transactions in the festive month of October, marking a 7.6% le…

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Dixon Technologies Floats New Subsidiary To Manufacture IT Hardware Components Askwiki

Dixon Technologies Floats New Subsidiary To Manufacture IT Hardware Components

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Homegrown electronics manufacturer Dixon Technologies on Monday (November 4) notified the incorporation of a wholly-owned subsidiary, Dixon Teletech…

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UPI Transactions Jump 10% MoM In October Askwiki

UPI Transactions Jump 10% MoM In October

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The Unified Payments Interface (UPI) transactions increased by 10% month-on-month (MoM) in October, reaching 16.58 Bn, up from 15.04 Bn in the previ…

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Hala Mobility Bags INR 51 Cr To Expand Its EV Fleet Askwiki

Hala Mobility Bags INR 51 Cr To Expand Its EV Fleet

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Multi-modal EV ride sharing platform Hala Mobility has secured Pre Series A funding of  INR 51 Cr ($6 Mn)  in a mix of debt and equity infusion.  …

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CRED Forays Into Insurance Vertical Askwiki

CRED Forays Into Insurance Vertical

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Continuing its new offerings roll out, Kunal Shah-led fintech unicorn CRED has now launched its own insurance products through its vehicle managemen…

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Kuku FM’s FY24 Revenue Jumps 114% To INR 104 Cr Askwiki

Kuku FM’s FY24 Revenue Jumps 114% To INR 104 Cr

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Mumbai-based vernacular audio platform Kuku FM saw its revenue increase by over 100% in the financial year ending March 31, 2024 (FY24). The startup…

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Zypp Electric’s Revenue Zooms 2.7X, Nears INR 300 Cr Mark Askwiki

Zypp Electric’s Revenue Zooms 2.7X, Nears INR 300 Cr Mark

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Delhi NCR-based EV two-wheeler startup Zypp Electric’s operating revenue surged 2.7X in the financial year ended March 31, 2024. The Akash Gupta-led…

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Rare Rabbit’s FY24 Profit Doubles To INR 75 Cr Askwiki

Rare Rabbit’s FY24 Profit Doubles To INR 75 Cr

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Bengaluru-based fashion brand The House of Rare, which operates apparel brand Rare Rabbit, saw its net profit increase over 2X in the financial year…

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Indian SaaS Startup Funding Sees 33% YoY Spike In H1 2024 Askwiki

Indian SaaS Startup Funding Sees 33% YoY Spike In H1 2024

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On the face of it, the Indian startup ecosystem is showing some signs of revival this year, ticking all the right boxes. This also resulted in an in…

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Whatfix’s Revenue Jumps 49%, Crosses INR 400 Cr Mark Askwiki

Whatfix’s Revenue Jumps 49%, Crosses INR 400 Cr Mark

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Bengaluru-based SaaS startup Whatfix’s operating revenue breached the INR 400 Cr mark in the financial year ended March 31, 2024. The SoftBank-backe…

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Two-Wheeler EV Sales Pick Up Pace In October; Ola Electric Regains Some Lost Market Share Askwiki

Two-Wheeler EV Sales Pick Up Pace In October; Ola Electric Regains Some Lost Market Share

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The electric two-wheeler registrations in India shot up by almost 73% month-on-month (MoM) to cross 1.2 Lakh units in October this year on the back …

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