#StartupsWithMC | Games24x7, A23, Junglee Games take Tamil Nadu to court over new real-money gaming rules
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Moneycontrol
Games24x7, A23, Junglee Games take Tamil Nadu to court over new real-money gaming rules
Earlier this month, Tamil Nadu had notified a set of state-specific regulations that introduced time and usage curbs on real-money gaming platforms.
#StartupsWithMC | Games24x7, A23, Junglee Games take Tamil Nadu to court over new real-money gaming rules
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https://www.moneycontrol.com/news/business/startup/games24x7-a23-junglee-games-take-tamil-nadu-to-court-over-new-real-money-gaming-rules-12949198.html
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Moneycontrol
Games24x7, A23, Junglee Games take Tamil Nadu to court over new real-money gaming rules
Earlier this month, Tamil Nadu had notified a set of state-specific regulations that introduced time and usage curbs on real-money gaming platforms.
#StartupsWithMC | AI startup Beacon.li raises $7 million in series A funding from Sorin Investments
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https://www.moneycontrol.com/news/business/startup/ai-startup-beacon-li-raises-7-million-in-series-a-funding-from-sorin-investments-12957025.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
AI startup Beacon.li raises $7 million in series A funding from Sorin Investments
With this funding, Beacon.li aims to expand its AI capabilities, scale its global footprint, and further enhance enterprise automation
#StartupsWithMC | Tech leaders in engineering, product, data science earn 80% more; startup CFOs pay linked to fundraising, says report
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Moneycontrol
Tech leaders in engineering, product, data science earn 80% more; startup CFOs pay linked to fundraising, says xto10x report
CTOs and senior VP-product roles are commanding median fixed salaries of Rs 1.77 crore and Rs 1.72 crore, the latest Total Rewards Benchmarking Report by xto10x says
#StartupsWithMC | Groww to raise $250 million at $6.8 billion valuation in GIC-led round: Report
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https://www.moneycontrol.com/news/business/startup/groww-to-raise-250-million-at-6-8-billion-valuation-in-gic-led-round-report-12975870.html#google_vignette?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Groww to raise $250 million at $6.8 billion valuation in GIC-led round: Report
This comes before the stockbroking firm launches an IPO to raise over $1 billion.
#StartupsWithMC | Chargebee acquires Trainn, a SaaS startup founded by its alumni, as industry consolidates
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https://www.moneycontrol.com/news/business/startup/chargebee-acquires-trainn-a-saas-startup-founded-by-its-alumni-as-industry-consolidates-12978512.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Chargebee acquires Trainn, a SaaS startup founded by its alumni, as industry consolidates
Trainn is Chargebee’s second acquisition in about a month’s time as the Tiger Global-backed company accelerates its AI efforts. A few weeks ago, Chargebee acquired Inai, a firm that provides software to track and manage payments.
#StartupsWithMC | Heartbroken? Lonely? Indians are paying to talk to AI best friends at 2 AM
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https://www.moneycontrol.com/news/business/startup/heartbroken-lonely-indians-are-paying-to-talk-to-ai-best-friends-at-2-am-12993244.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Tere jaisa yaar kahan: From bad breakups to loneliness, Indians are paying to talk to AI friends
More people are seeking an AI shoulder to lean on, providing platforms like Bezu with an opportunity in the Indian market, where users are willing to pay to converse with AI agents.
#StartupsWithMC | Zepto changes parent name from Kiranakart for better brand recall ahead of IPO
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https://www.moneycontrol.com/news/business/startup/zepto-changes-parent-name-from-kiranakart-for-better-brand-recall-ahead-of-ipo-12995833.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Zepto changes parent name from Kiranakart for better brand recall ahead of IPO- Moneycontrol.com
The move is similar to what its rivals have done in the past. Swiggy, the food and grocery delivery major, had changed its name from Bundl Technologies Private Limited to Swiggy Private Limited before its initial public offering (IPO) in February 2024.
#StartupsWithMC | Gensol crisis: BluSmart suspends cab bookings via app in parts of NCR and Bengaluru
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https://www.moneycontrol.com/news/business/startup/gensol-crisis-blusmart-suspends-cab-bookings-via-app-in-parts-of-ncr-and-bengaluru-12995875.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Gensol crisis: BluSmart suspends cab bookings via app in parts of NCR, Mumbai and Bengaluru- Moneycontrol.com
The development comes just a day after SEBI’s recent findings in the Gensol Engineering probe that have cast serious doubts over the future of BluSmart.
#StartupsWithMC | Kedaara Capital, others negotiate deal to invest over Rs 500 crore in The Sleep Company
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https://www.moneycontrol.com/news/business/startup/kedaara-capital-others-negotiate-deal-to-invest-over-rs-500-crore-in-the-sleep-company-13003069.html#google_vignette?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Kedaara Capital, others negotiate deal to invest over Rs 500 crore in The Sleep Company
The Sleep Company is being valued at around $400 million, or about Rs 3,400 crore during the current negotiations, one of the persons cited above told Moneycontrol, a significant jump from $200 million in 2023.
#StartupsWithMC | Flipkart, Meesho, Amazon and others get CCPA notice over illegal sale of walkie-talkies amid escalating India-Pakistan tensions
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https://www.moneycontrol.com/news/business/startup/flipkart-meesho-amazon-and-others-get-ccpa-notice-over-illegal-sale-of-walkie-talkies-amid-escalating-india-pakistan-tensions-13019369.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Flipkart, Meesho, Amazon and others get CCPA notice over illegal sale of walkie-talkies amid escalating India-Pakistan tensions…
Amazon had 467 listings of walkie-talkies, Flipkart had 314, Meesho had 489 such listings, and 423 such listings were available on TradeIndia, as per a preliminary analysis across platforms which, the CCPA said, was “an alarming volume.”
#StartupsWithMC | Byju’s app taken off Play Store, services disrupted amid AWS payment issues
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https://www.moneycontrol.com/news/business/startup/byju-s-app-taken-off-play-store-services-disrupted-amid-aws-payment-issues-13044120.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Byju’s app taken off Play Store, services disrupted amid AWS payment issues
Byju’s cloud service suspension affects app functionality, blocks access to paid content, and limits full website availability across platforms
#StartupsWithMC | Meesho Mall brings P&G, HUL, Himalaya brands to its platform amid rising personal care demand
Details below👇
https://moneycontrol.com/news/business/startup/meesho-mall-brings-p-g-hul-himalaya-brands-to-its-platform-amid-rising-personal-care-demand-13094460.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://moneycontrol.com/news/business/startup/meesho-mall-brings-p-g-hul-himalaya-brands-to-its-platform-amid-rising-personal-care-demand-13094460.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
#StartupsWithMC | With a focus on meals below Rs 150 and offline-equal prices, Rapido’s Ownly is a zero commission food delivery model for Bharat
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https://www.moneycontrol.com/news/business/startup/with-a-focus-on-meals-below-rs-150-and-offline-equal-prices-rapido-s-ownly-is-a-zero-commission-food-delivery-model-for-bharat-13107412.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
With a focus on meals below Rs 150 and offline-equal prices, Rapido’s Ownly is a zero commission food delivery model for Bharat
Rapido will aim to take on the long held duopoly enjoyed by Zomato and Swiggy in the online food delivery space. As it happens, Swiggy is an investor in Rapido.
#StartupsWithMC | WinZO turns to micro dramas, subscriptions after India's real-money gaming ban
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https://www.moneycontrol.com/news/business/startup/winzo-turns-to-micro-dramas-subscriptions-after-india-s-rmg-gaming-ban-13482790.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
WinZO turns to micro dramas, US expansion after India's real-money gaming ban
WinZO's US expansion comes two years after its foray into Brazil in October 2023, following the government's introduction of a 28 percent GST on real-money gaming apps.
#StartupsWithMC | This startup quietly secured an airbase; its encryption now guards railways, laptops and more
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https://www.moneycontrol.com/news/business/startup/this-startup-quietly-secured-an-airbase-its-encryption-now-guards-railways-laptops-and-more-12993801.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
[Deeptech Digest] This startup quietly secured an airbase; its encryption now guards railways, laptops and more- Moneycontrol.com
Bengaluru-based deeptech startup Pantherun Technologies cracked a decades-old encryption flaw using an AI-based system that requires no key exchange. From shielding airbases and railways to partnering with majors like Intel, the Qualcomm-mentored startup…
#StartupsWithMC | Quick home-services startup Pronto in talks to raise $25 million at $100 million valuation
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https://www.moneycontrol.com/news/business/funding/quick-home-services-startup-pronto-in-talks-to-raise-25-million-at-100-million-valuation-13730928.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Quick home-services startup Pronto in talks to raise $25 million at $100 million valuation
A potential $25 million round, from Epiq Capital, Glade Brook Capital, General Catalyst and Bain Capital, comes as 10–15 minute home-services startups race to scale amid intensifying competition and rising investor interest
#StartupsWithMC | Zepto’s FY25 loss widens 177% to Rs 3,367 crore, total sales jump 129%
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https://www.moneycontrol.com/news/business/startup/zepto-s-fy25-loss-widens-177-to-rs-3-367-crore-total-sales-jump-129-13743016.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/startup/zepto-s-fy25-loss-widens-177-to-rs-3-367-crore-total-sales-jump-129-13743016.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Zepto’s FY25 loss widens 177% to Rs 3,367 crore, total sales jump 129%- Moneycontrol.com
The results mark a high-burn scale-up year for Zepto, coming ahead of its planned IPO filing and amid rising competitive intensity in India’s quick commerce market.
#StartupsWithMC | Insurtech firm Plum raises Rs 193 crore led by Peak XV to scale employee health benefits platform
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https://www.moneycontrol.com/news/business/startup/insurtech-firm-plum-raises-rs-193-crore-led-by-peak-xv-to-scale-employee-health-benefits-platform-13870885.html?utm_medium=social&utm_source=whatsapp&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/startup/insurtech-firm-plum-raises-rs-193-crore-led-by-peak-xv-to-scale-employee-health-benefits-platform-13870885.html?utm_medium=social&utm_source=whatsapp&utm_campaign=regular-editorial
Moneycontrol
Insurtech firm Plum raises Rs 193 crore led by Peak XV to scale employee health benefits platform- Moneycontrol.com
Profitable insurtech startup plans to invest in AI-led claims, healthcare expansion, and enterprise integrations
#StartupsWithMC | Skyroot Aerospace becomes India’s first space-tech unicorn; Raises $60 million from Ram Shriram’s Sherpalo, GIC and BlackRock
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https://www.moneycontrol.com/news/business/startup/skyroot-aerospace-becomes-india-s-first-space-tech-unicorn-raises-60-million-from-ram-shriram-s-sherpalo-gic-and-blackrock-13911305.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Get details here 👇
https://www.moneycontrol.com/news/business/startup/skyroot-aerospace-becomes-india-s-first-space-tech-unicorn-raises-60-million-from-ram-shriram-s-sherpalo-gic-and-blackrock-13911305.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Skyroot Aerospace becomes India’s first space-tech unicorn; raises $60 million from Ram Shriram’s Sherpalo, GIC and BlackRock-…
Ram Shriram, a renowned tech investor and a board member of Alphabet Inc, will be joining Skyroot’s Board. Shriram was the first backer of Google.