Business

OpenFX Comes Out of Stealth With $23M and a $10B Disruption Plan for Cross-Border Payments

A Fintech Rocketship Emerges from the Shadows In a fintech world crowded with promises, OpenFX just made a jaw-dropping entrance. After quietly building in stealth mode for less than a year, the startup has burst onto the scene with $23 million in fresh funding — and a staggering $10 billion in annualized transaction volume already under its belt. Backed by heavyweights like Accel, NFX…
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Startup

Otipy Shuts Down: Why This Grocery Startup Couldn’t Survive the Quick Commerce Wave

A Promising Grocery Startup Closes Its Doors Otipy, a once-promising grocery delivery startup based in Delhi-NCR, has officially shut down operations. The announcement came during a town hall meeting where founder and CEO Varun Khurana broke the news to around 300 employees and hundreds of gig delivery workers — all of whom were left jobless overnight. The move ends a four-year run for the…
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Startup

Glance Just Launched an AI-Powered Shopping App That Could Change How You Buy Forever

Say goodbye to boring searches and endless scrolling—Glance AI is here to revolutionize your shopping experience with the power of artificial intelligence. Meet Glance AI: The Future of Online Shopping Has Arrived Backed by Google and part of the InMobi family, Glance just launched Glance AI, an AI-native commerce platform that flips traditional e-commerce on its head. Instead of hunting…
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Business

Alt Carbon Raises $12 Million to Fight Climate Change — Here’s How This Deeptech Startup Could Save Our Planet

A breakthrough in climate action is happening right now, and it’s coming from a bold new startup called Alt Carbon — fresh off a massive $12 million seed funding round. Alt Carbon’s Mission: Building the Future of Climate Solutions Alt Carbon is not just another tech startup. It’s a deeptech science and data company focused on building the agricultural infrastructure needed to remove…
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StartupSuccess Story

Mamaearth’s Parent Sees Sales Surge to Rs 534 Crore — But Profit Takes a Surprising Hit

Mamaearth’s Parent Honasa Posts Mixed Q4 Results: Revenue Up, Profit Down Honasa Consumer, the company behind popular beauty brand Mamaearth, just revealed its financial results for the quarter ending March 2025. And it’s a mixed bag. While revenue jumped 13.3% year-on-year to Rs 534 crore, net profit took a 16% dip, falling from Rs 30 crore to Rs 25 crore. This comes as the company tries to…
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Business

Ola Electric to Raise Rs 1,700 Crore in First Major Funding Move Since IPO—Here’s What It Means

Ola Electric Board Approves Rs 1,700 Crore Debt Fundraise After IPO Ola Electric Mobility Ltd, the electric vehicle startup led by Bhavish Aggarwal, is gearing up for its next big financial move. The company announced that its board has approved raising up to Rs 1,700 crore through debt instruments—a significant step as it looks to ramp up operations post-IPO. This marks Ola Electric’s first…
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Business

Impersonating Myself to Me: Paytm CEO Vijay Shekhar Sharma Gets Hilarious Scam Text from a Fake ‘Vijay Shekhar Sharma

When Scammers Get Too Bold: Vijay Shekhar Sharma Targeted by Someone Pretending to Be… Vijay Shekhar Sharma In a twist so ironic it sounds made up, Paytm CEO Vijay Shekhar Sharma has revealed he received a scam message from someone pretending to be himself. Yes, you read that right. A scammer tried to impersonate Vijay Shekhar Sharma — and sent the scam directly to the real Vijay Shekhar…
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Business

Axis Bank Partners with super.money to Launch No-Fee RuPay Credit Card Offering 3% Cashback on UPI Payments

Revolutionizing UPI Payments with a No-Fee Credit Card In an exciting development aimed at reshaping the way Indian consumers engage with UPI transactions, Axis Bank has teamed up with fintech platform super.money to launch the Axis Bank Supermoney RuPay Credit Card. What sets this credit card apart? It offers 3% cashback on QR-based UPI payments — and it’s lifetime-free! The new credit card…
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BusinessStartup

AI Startup Zoca Secures $6 Million in Funding to Revolutionize Local Services with Smart Automation

Zoca, a fast-growing AI startup, has just raised $6 million in a funding round led by Accel with backing from GTMfund, Elevation Capital, and Better Capital. This marks a huge milestone for the Bengaluru-based company, which is revolutionizing the way local service businesses, like wellness centers, salons, and pet care services, run their operations. With AI technology at the core, Zoca is…
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