| Date | Title | Description |
| 16.09.2026 | CCPA slaps Rapido with Rs 10 lakh fine for asking riders to pay more after they had already booked | The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 10 lakh on Rapido for misleading advertisements, unfair trade practices, an unfair contract and the use of dark patterns in the way riders were prompted to pay mor... |
| 15.09.2026 | CCPA penalises Rapido for misleading tipping prompts | - |
| 14.09.2026 | Flipkart's "Eat In" Enters Food Delivery Battle: A New Front Opens | Flipkart launches its "Eat In" food delivery service, piloting in Bengaluru with employees. This bold move signals its direct challenge to Zomato and Swiggy in India's booming online food market. Collaborating with ONDC, Flipkart ... |
| 13.09.2026 | Flipkart tests ‘Eat-In’ food delivery service in Bengaluru: What is it? Benefits and more explained | Flipkart has begun piloting its food delivery platform, Eat In, among employees in Bengaluru, according to a Moneycontrol report citing sources. It is likely to extend the service to its entire employee base in Bengaluru around September 15... |
| 12.09.2026 | Paying cash for Zomato orders? You may now have to pay a separate fee | All you need to know | Zomato customers paying for their food orders in cash will likely pay more from now on, as the food delivery platform introduces a separate fee for the service.
The charge, noted as a “Pay on Delivery Fee” on the order bill, is levied when ... |
| 09.09.2026 | Flipkart tests 'Eat In' food delivery service among employees in Bengaluru, report says | Walmart-backed e-commerce company Flipkart has begun testing its Eat In food delivery service among employees in Bengaluru, Moneycontrol reported, as it moves closer to entering a market dominated by Zomato and Swiggy.
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The serv... |
| 03.09.2026 | AI-native cap table and compliance platform launched by EquityList | To help businesses automate their equity management and compliance processes, platform for managing equity and shareholders EquityList has introduced an AI-native cap table and compliance operating system.
According to EquityList, the platf... |
| 29.07.2026 | Rapido’s Ownly eyes six-city expansion as it doubles down on zero-commission food delivery | - |
| 28.07.2026 | Rapido brings zero-commission food-delivery platform Ownly to its main app in Bengaluru | Indian ride-hailing company Rapido has added its food delivery service, Ownly, to its main app in Bengaluru. Users can now order food through the Rapido app while also accessing its bike taxi, auto-rickshaw and cab services.
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Ow... |
| 28.07.2026 | Rapido takes Ownly food delivery into its main app in Bengaluru | Rapido has folded its zero-commission food delivery platform, Ownly, into its main app in Bengaluru, putting food ordering alongside bike taxis, autos, and cabs.
The move gives Ownly direct access to Rapido’s monthly active user base while ... |
| 24.07.2026 | Flipkart to soon enter food delivery business to challenge Zomato-Swiggy duopoly | Walmart-owned Flipkart plans to launch a food delivery service in India within the next few weeks, entering a market dominated by Zomato and Swiggy.
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Flipkart Group CEO Kalyan Krishnamurthy said the company will begin with a pil... |
| 22.07.2026 | Zomato, Blinkit owner Eternal records Rs 20,211 crore revenue in Q1 FY27; profit jumps 268% to Rs 92 crore | Eternal, the parent company of Zomato and Blinkit, has reported a sharp increase in quarterly profit, supported by the continued expansion of its quick-commerce business.
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The Gurugram-based company recorded a consolidated net p... |
| 09.07.2026 | Indian Edtech Elevate Education Fuels AI, National Expansion with $17.8M Series D | Indian higher education platform Elevate Education secured $17.8 million in Series D funding. WestBridge Capital again led the investment. The capital will accelerate AI integration, expand its national campus network, and enhance industry-... |
| 08.07.2026 | WestBridge leads Series D funding in Elevate Education | Credit: Pixabay
Indian higher education platform Elevate Education has raised Rs 170 crore ($17.8 million) in a Series D funding round led by WestBridge Capital, the company said, as it looks to deepen its artificial intelligence capabiliti... |
| 29.05.2026 | ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-year | Synopsis
Indian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 million funding round. While overall capital raised surged, the number of funding rounds saw ... |
| 20.05.2026 | Rapido Secures $240M, Fuels India's Mobility Battle | Rapido, India's prominent ride-hailing platform, secured a monumental $240 million in primary funding. Prosus led the round. WestBridge Capital and Accel also participated. This investment boosts Rapido's post-money valuation to $3 billion.... |
| 15.05.2026 | Rapido raises Rs 2,300 crore to scale presence in new cities as competition with Ola and Uber intensifies | Ride-hailing platform Rapido has raised $240 million (about Rs 2,300 crore) in a funding round led by Prosus, as the Ola and Uber rival looks to expand deeper into smaller cities and towns.
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Existing investors including WestBrid... |
| 15.05.2026 | Rapido raises $240M in primary funding led by Prosus at $3B valuation | Ride-hailing platform Rapido has raised $240 million in primary funding led by Prosus, with participation from WestBridge Capital, Accel, and other investors. This values the startup at $3 billion on a post-money basis.
Rapido said in a sta... |
| 15.05.2026 | [Weekly funding roundup May 9-15] Rapido deal lifts the VC inflow | Ride hailing platform Rapido's $240 million primary funding deal lifted venture capital momentum into Indian startups in the second week of May.
Single large transactions lifting overall funding in the startup ecosystem has emerged as a tre... |
| 15.05.2026 | Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billion | Synopsis
Urban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is part of a larger $730 million round and will be used to expand markets, grow its captain netw... |
| 15.05.2026 | Rapido bags fresh capital from Prosus, others at $3 bn valuation | Ride-hailing and logistics platform Rapido has secured $240 million (Rs 2,302 crore) in primary capital as part of a new funding round led by existing investor Prosus, valuing the company at $3 billion.
Homegrown private equity firm WestBri... |
| 15.05.2026 | Rapido: $240 Million Raised At $3 Billion Valuation To Advance In India’s Mobility Ecosystem | Prosus announced it has increased its stake in Rapido through a combination of primary and secondary investments, including a $240 million primary funding round that values the company at $3 billion post-money. The investment builds on Pros... |
| 15.05.2026 | Rapido raises $240 million led by Prosus at $3 billion valuation | MUMBAI: Roppen Transportation Services Pvt. Ltd, which operates Rapido, has raised $240 million in fresh capital in a round led by Prosus, with participation from WestBridge Capital, Accel and other investors, the company said in a statemen... |
| 12.05.2026 | Naspers shares tumble on iFood investment warning | Naspers and Prosus CEO Fabricio Bloisi
Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at iFood, its Brazilian food delivery crown jewel, to ... |
| 28.04.2026 | Prosus, Accel provide $124-mn exit to Rapido’s early backer | Pro
Dutch technology investor Prosus and venture capital firm Accel have provided an exit worth about Rs 1,170 crore (around......
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| 26.03.2026 | OpenAI’s Sora Shuts Down, Rapido’s Meesho-Like Play & More | -->
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| 12.03.2026 | From Pune to the World: How Ali Hafizji’s Wednesday Is Betting That Billing by the Hour Dies in the AI Era | Share
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As AI compresses software timelines across the globe, one firm is building the model that incumbents structurally cannot follow.
Pune is not where most people expect a quiet reinvention of software services to ... |
| 10.03.2026 | Maharashtra Govt Revokes Provisional Licences Of Bike Taxi Operators | SUMMARY
State transport minister Pratap Sarnaik said that the temporary licences were cancelled after the ride-hailing companies failed to furnish certain necessary documents
Sarnaik claimed that the platforms were reprimanded over complain... |
| 03.03.2026 | Rapido launches Ownly food delivery app in Bengaluru | - |
| 11.02.2026 | Rapido founders shed 'promoter' tags for IPO, joining a growing trend among new-age firms | - |
| 10.02.2026 | Rapido backer Invus Group eyes a slice of two restaurant chains | Pro
Global investment firm Invus Group, which has backed ride-hailing platform Rapido and ecommerce marketplace Jumbotail......
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| 23.01.2026 | Relief For Rapido, Uber: Karnataka HC Lifts Bike Taxi Ban | SUMMARY
A division bench of the Karnataka HC lifted the ban while hearing appeals filed by operators against an April order to halt bike taxi operations in the state
The Court has asked operators to file applications to register two-wheeler... |
| 14.01.2026 | Mint Explainer | Why Uber is making a second startup bet in India | - |
| 06.01.2026 | CCI Clears Prosus Stake Acquisition In Rapido | SUMMARY
CCI has approved Prosus’ entity MIH Investments One BV stake acquisition in ride-hailing unicorn Rapido, months after it was reported to be looking to purchase shares in the startup
This comes after Rapido investors Swiggy and TVS M... |
| 24.12.2025 | Rapido App Faces Nationwide Outage | SUMMARY
Rapido is facing a service outage, with users across multiple cities reporting log in failures and ride disruptions
Several users flagged the issues on social media, saying they were unable to log in to the app or complete ongoing r... |
| 10.12.2025 | Uber rolls out ONDC-led B2B logistics play, targets India’s last-mile market | - |
| 04.12.2025 | Nexus Venture Partners Closes $700 Mn Fund For Early Stage Bets | SUMMARY
The firm said its eighth vehicle, Nexus Ventures VIII, will back early stage startups operating in segments like AI, enterprise tech, consumer services and fintech
It manages $3.2 Bn in capital across its eight funds and counts glob... |
| 04.12.2025 | Nexus Venture Partners closes eighth fund at $700 mn | Suvir Sujan, co-founder, Nexus Venture Partners
Nexus Venture Partners, a venture capital firm that invests in early- and growth-stage startups in India and the US, has closed its eight fund at $700 million (Rs 6,290 crore), keeping the siz... |
| 26.11.2025 | AdvantEdge’s Maiden Fund Reaps 11X Returns, Buoyed By Rapido Partial Exit | SUMMARY
The VC firm said that its Fund I achieved an MOIC of 11.5X, and has distributed over 3X of the paid-In capital to its limited partners
AdvantEdge’s investment in Rapido alone raked in an internal rate of return of 67% including a 11... |
| 24.11.2025 | Rapido Partners magicpin To Expand Ownly In Bid To Challenge Zomato, Swiggy | SUMMARY
As a part of this collaboration, Rapido will use magicpin’s 80,000+ pan-India restaurant base to expand Ownly’s footprint
Meanwhile, magicpin will have access to Rapido’s delivery fleet in certain locations
Currently, Ownly doesn’t ... |
| 23.11.2025 | magicpin, Rapido partner to challenge Zomato-Swiggy's food delivery duopoly | - |
| 09.11.2025 | Rapido expects to start working on IPO by 2026-end: Co-Founder Aravind Sanka | - |
| 07.11.2025 | Rapido backer and executive-search consultancy Positive Moves may launch AIF | Premium
Credit: 123RF.com
Positive Moves, a global executive search and consulting group headquartered in New Delhi, may structure its investment operations into a formal fund vehicle and may set up an alternative investment fund (AIF) in I... |
| 15.10.2025 | Rapido Adds Flight, Train, Hotel Bookings To Become “One-Stop Travel App” | SUMMARY
Rapido has announced partnerships with MakeMyTrip-owned Goibibo, ixigo-owned ConfirmTkt, and redBus for flight, bus, train and hotel booking
Rapido looks to become a one-stop app for travel, providing seamless mobility experience to... |
| 15.10.2025 | Rapido turns super app for travel with Goibibo, redBus, ConfirmTkt integration | - |
| 10.10.2025 | Prosus to Pick Up 10.1% Stake in ixigo Parent for INR 1,296 Cr The newly raised capital will be used to support organic growth, fund acquisitions, and strengthen working capital and general corporate ... | Le Travenues Technology Limited, the parent company of travel tech platform ixigo, has announced that its board has approved a primary investment from Prosus through its affiliate, MIH Investments One B.V., via a preferential issue of equit... |
| 24.09.2025 | Swiggy selling Rapido stake to Prosus, WestBridge; to hive off Instamart | Swiggy gig workers during a promotional event in Mumbai | Credit: Reuters/Francis Mascarenhas
Food and grocery delivery company Swiggy Ltd has agreed to sell its entire stake in Rapido to Dutch technology investor Prosus and Indian private ... |
| 24.09.2025 | Rapido Looking To Close $550 Mn Funding Round: Report | SUMMARY
The round would be a mix of primary and secondary transactions, including Swiggy’s stake sale
The primary component of the deal would be of $300 Mn, with Dutch investor Prosus looking to pump in $240 Mn to $250 Mn
This comes a day a... |
| 24.09.2025 | Swiggy Exits Rapido Investment; Prosus and WestBridge Take Over Stake Deal valued at INR 2,399.5 crore delivers over 2.3 times return on Swiggy's original investment. | Swiggy has sold its stake in bike taxi platform Rapido for a total of INR 2,399.5 crore, securing significant returns on an investment made less than four years ago. The food delivery company transferred holdings to two buyers, with MIH Inv... |
| 23.09.2025 | Swiggy Board approves sale of Rapido stake worth ₹2,400 crore to Prosus, Westbridge Capital. Details here | - |
| 23.09.2025 | Swiggy sells ₹2,400-crore Rapido stake to Prosus, WestBridge, exits with 2.5x gains | - |
| 18.09.2025 | Snap-E Cabs raises $2.5 M Bridge funding led by IPV | The electric mobility startup Snap-E Cabs has raised $2.5 million in a bridge round led by Inflection Point Ventures. Angel investors Shish Kharesiya, Praveen Chand, and Jaspreet Kaur are also involved, along with ah! Ventures.
200 cars hav... |
| 15.09.2025 | Prosus eyes biggest bite of Swiggy’s Rapido stake. Valuation likely to double. | - |
| 12.09.2025 | India Adds 11 New Unicorns in 2025, Ai.tech Becomes Fastest to Hit USD 1.5 Bn: Report Peak XV leads unicorn investments; Zepto's 22-year-olds are the youngest founders. | India added 11 new Unicorns in 2025 – Ai.tech, Navi Technologies, Vivriti Capital, Veritas Finance, Rapido, Netradyne, Jumbotail, DarwinBox, Moneyview, Juspay and Drools.
According to ASK Private Wealth Hurun India Unicorn and Future Unicor... |
| 11.09.2025 | SnapE Cabs Secures USD 2.5 Mn Funding Led by Inflection Point Ventures The fresh capital will support the company's national expansion, particularly scaling operations in Delhi, leasing electric vehic... | Kolkata-based electric mobility startup SnapE Cabs has raised USD 2.5 million in a bridge round led by Inflection Point Ventures, with participation from Ah Ventures, Shish Kharesiya, Praveen Chand, Jaspreet Kaur, and other investors.
The f... |
| 29.08.2025 | Autonomous Vehicles, Market Disruption, and Drivers: Uber's Vision for the Future of Indian Mobility I personally believe that autonomous vehicles have to have superhuman levels of safety. It's not go... | In India's ride-hailing space, three names dominate conversations: Ola, Uber, and Rapido. While Ola and Uber have long been household names, Rapido, launched in 2015, disrupted the market with its two-wheeler rides and comparatively lower f... |
| 24.08.2025 | Uber CEO calls Rapido a 'bigger rival' than Ola in Nikhil Kamath's podcast; Here's why | - |
| 21.08.2025 | CCPA fines Rapido ₹10 lakh for misleading advertisements | - |
| 21.08.2025 | AUM surpasses Rs 1,200 Cr; Artha Select Fund closes at Rs 432 Cr | At Rs 432 crore, Artha India Ventures (AIV) closed its follow-on fund, Artha Select Fund (ASF), 131% higher than its initial target of Rs 330 crore. As a result, Artha now has more than Rs 1,200 crore in assets under management.
From Artha’... |
| 18.08.2025 | Artha India Ventures closes $49-mn winners fund | Credit: 123RF.com
Early-stage venture capital firm Artha India Ventures, which has previously backed startups such as Rapido, Biryani By Kilo, has closed its follow-on investment vehicle Artha Select Fund (ASF) that it launched to back winn... |
| 23.07.2025 | Uber, Ola Asked To Justify Fares As Cabbies Continue To Put Strike On Hold | SUMMARY
Mumbai’s transport commissioner office asks Ola, Uber and Rapido on how they determine their fares
Last week cab drivers and auto drivers had gone for a strike which brought the public transport system of Mumbai and other cities of ... |
| 21.07.2025 | Ola, Uber Cabbies Put Strike On Hold In Mumbai | SUMMARY
Drivers of app-based taxis like Ola and Uber have temporarily suspended their ongoing strike in Mumbai and other cities of Maharashtra for three days
Meanwhile, commuters will be charged as per the rates fixed by the government on w... |
| 14.07.2025 | India's Microdrama Revolution: Chai Bisket Fuels New Mobile Streaming Frontier | Hyderabad’s Chai Bisket secures $5 million seed funding. This capital launches Chai Shots, a pioneering mobile-first microdrama OTT platform. Chai Shots offers two-minute, regional-language fiction, targeting India's vast Gen Z and emerging... |
| 09.07.2025 | Chai Bisket Raises USD 5 Mn Led by InfoEdge Ventures & General Catalyst to Launch Chai Shots The seed round also drew backing from a stellar list of angel investors, including actor and entreprene... | Chai Bisket, the Hyderabad-based digital content powerhouse, has raised USD 5 million in a seed round led by InfoEdge Ventures and General Catalyst to fuel the launch of Chai Shots, a regional-first, mobile-only microdrama OTT platform.
Thi... |
| 03.07.2025 | Maharashtra Minister Poses As Rider, Catches Rapido Flouting Bike Taxi Ban | SUMMARY
Sarnaik booked a bike taxi on Rapido in the state’s capital under a different name to verify a senior official's claim that the app and illegal bike taxi service were non-operational
When the biker arrived at Babu Genu Junction outs... |
| 25.06.2025 | Rapido sharpens focus on Delhi, partners ONDC for metro-ride integration | - |
| 23.06.2025 | Ola, Uber, Rapido To Seek GST Clarity On Their SaaS Model: Report | SUMMARY
Ride-hailing platforms like Ola, Uber and Rapido will reportedly approach the CBIC regarding GST issues on their SaaS model
The ride-hailing firms have alleged that the Karnataka AAR’s decision is distorting competitive parity in th... |
| 13.06.2025 | Bike Taxis To Stop Plying On Karnataka Roads | SUMMARY
A division bench of the Karnataka HC declined to stay the order banning bike taxi services until the state government releases a comprehensive policy
The HC bench said it would have considered staying the April 2 order if the state ... |
| 10.06.2025 | Rapido raises fresh capital to build war chest for food delivery expansion | Ride-hailing platform Rapido is in the process of raising Rs 125 crore ($14.6 million) from US-based venture capital firm Nexus Ventures, nearly five months after it secured Rs 250 crore from global technology investor Prosus, VCCircle has ... |
| 10.06.2025 | Rapido looks to take slice of food delivery sector as it gears up to challenge Swiggy, Eternal | - |
| 09.06.2025 | Ride-hailing platform Rapido ventures into food delivery | - |
| 09.06.2025 | Inside Rapido’s Food Delivery Play: Can ‘Ownly’ Break Zomato-Swiggy Duopoly? | SUMMARY
Ride-hailing unicorn Rapido is entering food delivery segment with Ownly, a zero-commission online food delivery app that will rival Swiggy and Zomato
As per details seen by Inc42, Rapido’s pitch to restaurants includes zero commiss... |
| 09.06.2025 | Rapido To Raise INR 125 Cr From Nexus As It Gears Up For Food Delivery Launch | SUMMARY
Rapido is raising INR 125 Cr (around $15 Mn) from Nexus Venture Partners, as the former gears up for the launch of its food delivery service ‘Ownly'
This comes months after Inc42 reported that Rapido was raising INR 250 Cr (about $2... |
| 09.06.2025 | Rapido to raise ₹125 cr from Nexus Partners ahead of foray into food delivery | - |
| 21.05.2025 | Tummoc Expands to Nepal, Eyes Global Growth in Mobility-as-a-Service In India, Tummoc is active in 22 cities and is targeting expansion to 32–35 cities by the end of 2025, with a goal of reaching 50 c... | Bengaluru-based mobility-as-a-service (MaaS) startup Tummoc has expanded its footprint beyond India, launching its services in Nepal to support public transport authorities in digitising their systems.
As part of its international push, Tum... |
| 11.05.2025 | Rapido eyes a bigger slice of the ride-hailing market with four-wheeler push | - |
| 08.05.2025 | Prosus bullish on e-commerce growth | Prosus and Naspers CEO Fabricio Bloisi
Technology investor Prosus expects adjusted profit at its e-commerce business to exceed its guidance and reach US$435-million this fiscal year, CEO Fabricio Bloisi said on Thursday.
Last year, European... |
| 06.05.2025 | Swiggy Shuts Down Genie to Focus on Core Services Launched in April 2020, Swiggy Genie allowed users to send packages or pick up items within the city, competing with services like Uber Package, Porte... | Food and grocery delivery platform Swiggy has shut down Swiggy Genie, its hyperlocal delivery service, as it shifts focus to its main offerings—food delivery and quick commerce. According to a report by Moneycontrol, the company has decided... |
| 03.05.2025 | Bengaluru Metro's Leap into the Future with ONDC Integration | Bengaluru is on the brink of a transportation revolution. The Bengaluru Metro Rail Corporation Limited (BMRCL) is set to integrate with the Open Network for Digital Commerce (ONDC) next month. This move promises to reshape how commuters nav... |
| 02.05.2025 | Karnataka Has No Plan To Review Its Bike Taxis Ban: Report | SUMMARY
The government’s reluctance to reconsider the ban stems from the fact that, unlike autos and cabs, bike taxis do not pay recurring taxes and are primarily intended for private use
Autos and cabs operating on Bengaluru’s roads pay qu... |
| 28.04.2025 | Rapido Planning For Food Delivery Pilot In Bengaluru Soon: Report | SUMMARY
Rapido is in discussions with McDonald’s, KFC and Pizza Hut, as well as other quick service restaurant (QSR) chains and cloud kitchen chains
Sources confirmed that these chains have among the most dense networks of outlets in top ci... |
| 28.04.2025 | Bengaluru Metro to onboard ONDC next month, apps can soon offer seamless travel | Bengaluru Metro
Bengaluru Metro users could soon seamlessly book end-to-end journeys - metro, cab, auto rickshaws, and bus — through aggregators like Rapido, Namma Yatri, and RedBus, as BMRCL plans to join the Open Network for Digital Comme... |
| 24.04.2025 | Exclusive: Rapido Pilots Non-AC Cabs For Lower Fares | SUMMARY
Rapido’s new feature to book non-AC cabs at lower fares is now available in Bengaluru
The Cab Non AC feature on the ride hailing platform is currently in beta stage
A month ago, cab drivers of Ola, Uber and Rapido launched a ‘No-AC’... |
| 17.04.2025 | Indian Automotive Sector Records Six-Fold Uptick in PE Deals in Q1: Report The growth was primarily driven by a USD 1 billion investment in Erisha E mobility by an undisclosed investor based in of UAE... | After a sombre final quarter of 2024, PE activity in the Indian automotive sector experienced a six-fold growth in deal values, according to a report by Grant Thornton, titled 'Automotive Dealtracker: Providing M&A and PE deal insights.... |
| 14.04.2025 | Internet body requests Karnataka government to formulate balanced regulatory framework for bike-taxis | - |
| 02.04.2025 | Karnataka HC Bans Bike Taxi Services Till Rules Are Framed | SUMMARY
The Karnataka HC has given a time of six weeks to the companies to halt their operations
The HC was hearing a petition filed by Ola, Uber, Rapido, among others, to recognise bike taxis by allowing registrations of vehicles as transp... |
| 02.04.2025 | Cooperative Taxi Service: A New Chapter for India's Ride-Hailing Market? If executed well, Sahkar Taxi could mark a pivotal shift not just in the cab market, but in how we reimagine fair, inclusive, a... | The recent announcement by Union Home Minister and Minister of Cooperation Amit Shah regarding the launch of a cooperative taxi service (Sahkar Taxi) in India has made headlines across the country. If successfully implemented, this initiati... |
| 28.03.2025 | Infrastructure and Tax: Speed Bumps on the Road to EV Adoption While metro cities like Delhi, Mumbai, and Bangalore have long been the face of India's mobility shift, it's the Tier 2 and Tier 3 towns ... | India's electric vehicle (EV) market was valued at USD 8.03 billion in 2023 and is expected to grow to USD 117.78 billion by 2032, with a compound annual growth rate (CAGR) of 22.4 per cent, according to Fortune Business Insights.
One of th... |
| 25.03.2025 | WestBridge joins Nexthop AI's $110-mn funding round | Anshul Sadana, founder & CEO, Nexthop AI
Indian private equity firm WestBridge Capital, which backs unlisted companies and also makes private investments in public equities, is investing in California-based artificial intelligence infra... |
| 23.03.2025 | Outline Mechanism For Disabled-Friendly Taxi Apps: HC To Govt | SUMMARY
The HC granted a “last opportunity” to the Ministry of Road Transport and Highways (MoRTH) to submit an affidavit regarding the same within four weeks
The HC also warned that if the ministry fails to comply, MoRTH joint secretary wi... |
| 20.03.2025 | ESOP buyback worth $5.3 M launched by Dezerv | The Employee Stock Ownership Plan (ESOP) buyback program, which was completed by wealthtech platform Dezerv, will help current and former employees liquidate vested stock valued at Rs 46 crore, or roughly $5.3 million.
The Mumbai-based busi... |
| 20.03.2025 | Make App Accessible-Friendly For Specially-Abled Or Pack Up: Delhi HC To Rapido | SUMMARY
While hearing a petition filed by a visually impaired person, the Court questioned how the app was allowed to function without complying with existing laws in the matter
The HC also reportedly directed MoRTH joint secretary to be pr... |
| 11.03.2025 | 12-15 companies to receive $20 M investment from Playbook Partners | Over the next two years, the growth capital firm Playbook Partners intends to invest about $20 million, or roughly Rs 175 crore, in 12–15 different companies.
“Our focus is on companies that have surpassed Rs 100 crore in turnover, where ou... |
| 06.03.2025 | Beacon.li's $7 Million Funding: A Beacon of Change in AI Automation | In the bustling world of technology, where innovation is the lifeblood, Beacon.li shines brightly. This AI-driven product assistant has just secured $7 million in a Series A funding round, led by Sorin Investments. The funding is not just a... |
| 06.03.2025 | Beacon.li Secures USD 7 Mn Funding Led by Sorin Investments to Scale AI Automation With the fresh capital, Beacon.li plans to expand its AI capabilities, scale globally, and refine its enterprise auto... | Beacon.li, an AI-powered product assistant transforming enterprise software adoption, has raised USD 7 million in a Series A funding round led by Sorin Investments.
Athera Venture Partners, JAFCO Asia, and existing investor Unicorn India Ve... |
| 18.02.2025 | Exclusive: Uber Follows Rapido, Rolls Out Zero Commission Model For Auto Drivers | SUMMARY
Uber said that starting today (February 18) it will solely act as a technology platform connecting riders with independent driver partners
The company will no longer have control over the execution, completion or quality of the ride... |
| 17.02.2025 | Indian ride-sharing startup Rapido bags around $30m from Prosus | Indian ride-hailing platform Rapido has secured around $30 million (Rs 250 crore) in a Series E extension round from Prosus, a global technology investor and consumer Internet group. |
| 15.02.2025 | Rapido To Launch Women-Only Bike Taxi Service In Karnataka: Report | SUMMARY
The yet to be launched service will cater exclusively to women customers and wille only employ female drivers
With this, the mobility unicorn claims to have set its eyes on generating 25,000 jobs in the city for its women “captains”... |
| 15.02.2025 | Biggest Startup Investments This Week: Feb 08–14 The Indian startup ecosystem saw a flurry of funding activity this week, with major investments pouring into fintech, legal tech, cloud computing, and ... |
Bengaluru-based ToneTag is a fintech startup specialising in sound-based contactless transactions. Founded in 2013 by Vivek Singh and Kumar Abhishek, ToneTag offers voice commerce solutions that enable businesses to integrate voice-powered... |
| 13.02.2025 | Rapido's Bold Ride: Securing Rs 250 Crore from Prosus | In the bustling streets of India, a new player is steering the ride-hailing game. Rapido, a Bengaluru-based bike taxi startup, is making waves. The company has just secured Rs 250 crore (approximately $30 million) in Series E funding from t... |
