Business News for Founders
CoinDCX Confirms 15.99 Million USDT Loss From Old Wallets
CoinDCX said a failed sweeping service left funds in an old wallet, and it absorbed the loss.
Mochatrade Raises $5.5 Million in Seed Round Led by CoinFund
The Y Combinator-backed platform will build its trading engine and risk systems with the money.
AceVector Posts About Rs 17.6 Crore Loss in Q2 FY27
Snapdeal parent AceVector reported Q2 FY27 revenue of Rs 151.2 crore and a net loss of about Rs 17.6 crore.
BioStack Raises $9.5 Million Seed Round
BioStack has raised a $9.5 million seed round that included Peak XV to build medical AI datasets.
Maasi Raises Rs 6 Crore in Pre-Seed Round Led by Better Capital
Bengaluru child-care startup Maasi has raised Rs 6 crore in a round led by Better Capital.
MakeMyTrip Swings to $1.8 Million Profit in Q2 FY27
MakeMyTrip posted a $1.8 million profit in Q2 FY27 against a $5.7 million loss a year earlier.
WeWork India Q2 Profit Rises 219% to About Rs 20.4 Crore
WeWork India reported a Q2 net profit of about Rs 20.4 crore on revenue of about Rs 768 crore.
SoftBank Cuts Its Ola Electric Stake to 11.7% From 12.9%
SoftBank's SVF II Ostrich sold about 5.55 crore Ola Electric shares and 1.12 crore rights entitlements.
Nova Spectral AI Raises Rs 21.15 Crore Led by Shastra VC
Bengaluru deeptech startup Nova Spectral AI has raised a seed round led by Shastra VC.
Supreme Court Seeks Centre's Reply on News Publishers' DPDP Plea
The Supreme Court issued notice to the Centre on a news publishers' plea against the DPDP Act.
VerSe Innovation's Implied Value Falls to About $576 Million
A Baillie Gifford fund's stake value implies about $576 million for Dailyhunt parent VerSe.
Sarvam Signs MoU With HQ IDS for AI Projects Across Armed Forces
Sarvam has signed an MoU with HQ IDS for AI projects across the Army, Navy and Air Force.
Simplismart Raises $14 Million to Grow Its AI Inference Platform
Simplismart has raised $14 million in a Series B round led by Dallas Venture Capital.
Live2.ai Raises Rs 130 Crore in Round Led by IvyCap Ventures
Bengaluru's Live2.ai has raised Rs 130 crore in a pre-Series B round led by IvyCap Ventures.
Troovy Raises Rs 100 Crore in Series B Led by Fireside Ventures
The Gurugram snack brand will use the money for R&D, manufacturing and wider distribution.
Rotoris Raises Rs 70 Crore to Grow Its Luxury Watch Business
Luxury watch brand Rotoris has raised Rs 70 crore in a Series A round led by Blume Ventures.
Cent Raises $15 Million to Scale Preventive Healthcare
The Bengaluru startup also acquired radiology AI platform Medsee as it builds scan-based checkups.
Tata Communications to Invest Up to $450 Million in AI Network
Tata Communications plans up to $450 million for about 10,000 km of AI-ready fibre in India.
Nazara Technologies Swings to Rs 35.36 Crore Profit in Q2
Nazara Technologies posted a Rs 35.36 crore profit in Q2 FY27 against a loss a year ago.
Paytm Q2 Profit Rises 10.7 Times to Rs 225 Crore
Paytm reported a Q2 FY27 profit of about Rs 225 crore on revenue of about Rs 2,648 crore.
ReplyAll Raises Rs 9.7 Crore From Sadev Ventures and Atom XVII
ReplyAll has raised Rs 9.7 crore in a round led by Sadev Ventures and Atom XVII.
Matiks Raises $10 Million to Grow Its Puzzle Gaming Platform
Puzzle gaming platform Matiks has raised $10 million in a pre-Series A round led by General Catalyst.
Central Bank of India Reports Rs 13.97 Crore Fraud
The bank says 187 unauthorised transfers left its RBI settlement account between October 15 and 17.