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MakeMyTrip raising over $2.5 bn to buy back Chinese firm Trip.com's stake

TMT

17 June, 2025

MakeMyTrip raising over $2.5 bn to buy back Chinese firm Trip.com's stake

Online travel aggregator MakeMyTrip plans to raise more than $2.5 billion through an offering of ordinary shares and convertible notes ......

Saswat Finance, Xportel, Darwix AI, Dugar Finance secure funding

TMT

17 June, 2025

Saswat Finance, Xportel, Darwix AI, Dugar Finance secure funding

Fintech platform Saswat Finance, supply chain startup Xportel, and AI startup Darwix AI have secured equity funding in separate early-stage ......

Razorpay acquires majority stake in India Quotient-backed rewards platform POP

TMT

17 June, 2025

Razorpay acquires majority stake in India Quotient-backed rewards platform POP

Fintech unicorn Razorpay has acquired a majority stake in consumer payment platform POP, which is backed by venture capital firms ......

Google-backed Sharechat's CBO Gaurav Jain resigns

People

17 June, 2025

Google-backed Sharechat's CBO Gaurav Jain resigns

Gaurav Jain, the chief business officer of Google-backed short video platform Sharechat that also owns another reels platform Moj, has ......

Aspora nets Series B to offer remittance, financial services to Indian diaspora

TMT

16 June, 2025

Aspora nets Series B to offer remittance, financial services to Indian diaspora

Aspora, a cross-border payments startup that provides remittance services and other products for non-resident Indians, said Monday it has closed ......

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Iron Pillar-backed Servify set to get a cheque from new offshore investor

TMT

16 June, 2025

Iron Pillar-backed Servify set to get a cheque from new offshore investor

Device management and support platform Servify, which counts venture capital firms Iron Pillar and Blume Ventures among its backers, is ......

WhatsApp owner Meta appoints Arun Srinivas as India head

People

16 June, 2025

WhatsApp owner Meta appoints Arun Srinivas as India head

Meta Platforms said on Monday that Arun Srinivas has been appointed as the managing director and head for Meta in ......

IPO-bound Groww raises $200 mn from GIC, others

TMT

13 June, 2025

IPO-bound Groww raises $200 mn from GIC, others

Billionbrains Garage Ventures, the parent company of online investing platform and mutual fund house Groww, has raised Rs 1,735 crore ......

MENA Digest: UAE's Qanooni, eVoost AI secure early-stage funding

TMT

13 June, 2025

MENA Digest: UAE's Qanooni, eVoost AI secure early-stage funding

Two UAE-based startups in the Middle East and North Africa (MENA) region raised funding this week, aiming to expand their ......

Walmart-backed PhonePe makes partial exit from MapMyIndia

TMT

12 June, 2025

Walmart-backed PhonePe makes partial exit from MapMyIndia

Walmart-owned fintech firm PhonePe sold a part of its stake in digital mapping firm MapmyIndia’s parent CE Info Systems Ltd on Thursday, ......

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