MOC Cancer Care & Research Centre, a network of community cancer centres, has raised $18 million in funding led by Elevation Capital. Previously, MOC raised $10 million from Tata Capital Healthcare Fund in January 2023 to expand its operations and technological capabilities. The proceeds will be used to expand operations, open new centres, and … Read more
SaaS-based B2B fintech firm Perfios has introduced a new employee stock option plan named “Perfios Employee Stock Option Plan 2025-A.” The board of Perfios has passed a resolution approving the Perfios ESOP Plan 2025, which will consist of 2,05,764 employee stock options, as per regulatory filings accessed from the Registrar of Companies. Each ESOP option … Read more
Food tech giant Zomato invested Rs 1,500 crore (nearly $178 million) in its quick commerce subsidiary, Blinkit, just a month after closing its Rs 500 crore round. The board at Blinkit passed a special resolution to issue 7,612 equity shares at an issue price of Rs 19,70,181 each to raise Rs 1,500 crore (or $178 … Read more
Healthcare HRtech firm Jobizo has raised $1.4 million in its pre-series funding round led by Alkemi Growth Capital. This investment follows the $500,000 seed funding round led by AROA Ventures in 2022. The proceeds will be used to create 100,000 healthcare jobs in India and 3,000 jobs abroad within the next 18 months and aims … Read more
Geniemode, a business-to-business cross-border e-commerce startup, has raised over $50 million in its Series C round, led by Multiples Alternate Asset Management, with participation from Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures. In April 2022, the Tiger Global-backed company raised $28 million in its Series B round, led by Tiger Global, at a … Read more
In a major reshuffle of the Nifty 50 index, Zomato and Jio Financial Services will replace Britannia Industries and Bharat Petroleum Corporation Limited (BPCL). This adjustment is set to take effect on March 31, 2025. The National Stock Exchange (NSE) determines such periodic rebalancing based on the average free-float market capitalization of companies over a … Read more
During the week, 22 Indian startups collectively secured approximately $184.4 million in funding, comprising 10 growth-stage deals and 12 early-stage deals. Additionally, 1 startup chose not to disclose their transaction details. In contrast, the previous week saw 32 early and growth-stage startups raising a total of around $375.52. Growth-stage deals In the growth-stage funding landscape … Read more
Food delivery and quick-commerce platform Swiggy Limited has announced an investment of up to Rs 1,000 crore (approximately $117 million) in its wholly owned subsidiary, Scootsy Logistics, to support business expansion and operational growth. The decision was approved at a board meeting held on February 21, 2025, where Swiggy outlined its plan to invest the … Read more
Marketing company Wubba Lubba Dub Dub (WLDD) is in talks to acquire the digital media platform ScoopWhoop from The Good Glamm Group (GGG). Livemint, which first reported the development, stated that WLDD has issued a term sheet, and due diligence is currently in progress. The report also mentioned that The Good Glamm Group is planning … Read more
Tuco Kids, an innovative kids’ personal care brand, has announced the appointment of Chanakya Gupta as co-founder. Prior to this, Gupta served as the Business Head at Cult Play (formerly Fitso) and Group Chief Human Resource Officer at Curefit. He also spent nearly nine years at Flipkart, holding various leadership positions, including Vice President for … Read more