Zomato Invests Rs 1,500 Crore in Blinkit to Dominate Quick Commerce Battle
Food tech giant Zomato has pumped Rs 1,500 crore (nearly $178 million) into its quick commerce subsidiary, Blinkit, reinforcing its aggressive expansion strategy. This investment follows Blinkit’s Rs 500 crore funding round just a month ago. According to a regulatory filing with the Registrar of Companies (RoC), Blinkit’s board approved a special resolution to issue […]
Geniemode Secures $50M in Series C to Expand Global B2B E-Commerce Operations
Geniemode, a business-to-business (B2B) cross-border e-commerce startup, has successfully raised over $50 million in its Series C funding round. The investment was 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 secured $28 million in a Series B round […]
PV Sindhu Invests in KiranaPro, Joins as Brand Ambassador
KiranaPro, a quick commerce platform, has onboarded Indian badminton star PV Sindhu as both an investor and brand ambassador. While the financial details of the deal remain undisclosed, the company has confirmed that Sindhu’s investment marks the first commitment in its seed funding round. Beyond endorsing the brand, Sindhu will play an active role in […]
Veranda Learning to Acquire Additional Stake in BB Virtuals, Expanding Its Commerce Education Reach
Veranda Learning Solutions is set to acquire an additional 10.59% stake in BB Virtuals by June 2025, further solidifying its presence in the commerce education sector across India. This strategic move is expected to bolster Veranda Learning’s commerce division, which is projected to achieve a pro forma EBITDA of over Rs 120 crore for FY25. […]
Swiggy to Invest ₹1,000 Crore in Scootsy Logistics to Boost Expansion
Food delivery and quick-commerce giant Swiggy Limited has announced an investment of up to ₹1,000 crore (approximately $117 million) in its wholly owned subsidiary, Scootsy Logistics. The move is aimed at supporting business expansion and strengthening operational capabilities. The investment plan was approved during a February 21, 2025 board meeting. Swiggy will infuse the funds […]
MobiKwik, a leading fintech firm, is expanding its investment in Blostem Fintech, acquiring an additional 3.39% equity stake for Rs 1.49 crore
One MobiKwik Systems, the parent company of MobiKwik, has committed to increasing its shareholding in Blostem Fintech as part of a strategic move to enhance its banking infrastructure capabilities. The investment is part of the second tranche of a share subscription and shareholders’ agreement signed on March 13, 2024. Earlier, MobiKwik had agreed to invest […]
PayRange Acquires Turns to Strengthen U.S. Laundromat Payment and Management Solutions
For an undisclosed amount, Fintech startup PayRange has acquired Turns, a vertical SaaS startup specializing in laundry management software. This acquisition aims to integrate PayRange’s machine payment system with Turns’ end-to-end business management platform, expanding services within the U.S. laundromat industry. The combined platform will offer a comprehensive suite of tools, including business management, pickup and delivery services, point-of-sale […]
UGEES INDIA: The Brand That’s Revolutionizing Intimate Hygiene
The Indian personal care industry is undergoing a transformative shift, with brands prioritizing sustainability, innovation, and consumer health. Among the trailblazers in this space is UGEES INDIA, co-founded by Rahul Tyagi and Samiksha Yadav. Their flagship product, UGEES, addresses a crucial yet often-overlooked aspect of personal hygiene—the proper washing of undergarments. In an exclusive conversation with Sandhya Bharti, […]
Breaking Barriers in Vacation Wear: An Exclusive Interview with WomanLikeU Founders Zoheib Jilani & Shrijal Dave
By Sandhya Bharti In a country where vacation wear and swimwear are still evolving categories, WomanLikeU is making waves with its stylish yet modest options tailored for the Indian body type. Co-founded by Zoheib Jilani and Shrijal Dave, the brand has rapidly gained traction, especially after its appearance on Shark Tank India. In an exclusive […]
Breaking Barriers in Venture Capital: A Conversation with Shruti Arya, Angel Investor & Partner at Venture Catalyst
Introduction: In an engaging discussion between R. Chandra, Editor-in-Chief at Indian Startup Times and Shruti Arya, Angel Investor & Partner at Venture Catalyst, the conversation delved into the dynamics of venture capital, the challenges faced by women in the industry, and the importance of fostering a supportive ecosystem for startups. The exchange also highlighted the role […]
