Pocket Aces On Track To Become Profitable This Year
Pocket Aces, a digital entertainment startup, stated that it has grown its revenue 7x in the last three years and is on track to become profitable this year. Additionally, the…
Online Gaming Platform Mobile Premier League Set To Enter US Market
Sequoia India-backed online gaming platform Mobile Premier League is entering the U.S. market and has opened an office in New York to oversee operations in the region with a team…
Healthtech Startup Healthians Expands Services To Additional 100 Cities
Healthtech startup Healthians has announced the launch of its services in an additional 100 cities, marking its presence in over 200 cities. As per the healthtech startup, the move will…
Neobanking Startup Jupiter Acquires AI-powered Savings App Easyplan
Neobanking startup Jupiter has acquired Y Combinator-backed AI-powered savings app Easyplan, making it the second acquisition by Jupiter after it acquired Mitter.io in 2019. Jupiter is a neobanking startup founded…
Survey Reveals That 72 pc MSMEs Are Prioritising Digital Payments Over Cash
The onset of COVID-19 led to the accelerated use of digital payments and induced exponential growth amid the pandemic. And with more digitisation, every big or small enterprise is opting…
Lenskart Plans To Open 300 More Stores, Sets Up ‘Lenskart Vision Fund’ To Back Startups
Delhi-based omnichannel eyewear retailer Lenskart is planning to open more than 300 new stores with the relaxation of state-wide lockdowns, taking the total to over 1,000 stores. With over 750…
Muthoot Fincorp Acquires 54pc Stake In Fintech Startup Paymatrix
Muthoot Fincorp, a Gold loan provider, has picked up a 54% stake in Hyderabad-based fintech startup Paymatrix by buying out existing investors. This investment by Muthoot Fincorp is part of…
Tata Group Backed 1mg Plans One-hour Medicine Delivery
1mg, an online pharmacy startup, is planning to bring express delivery, typically within an hour, of medicines to its customers. First reported by ET, 1mg will ramp up the service…
Report: HNIs To Invest $30 Billion In Indian Tech Startups by 2025
As per a 256 Network and Praxis Global Alliance India report, High net-worth individuals (HNIs) are expected to invest $30 billion in Indian tech startups by 2025. The report titled…
Report: Indian Online Gaming Segment To Reach Rs 29,000 Cr By FY25
As per a report by KPMG, the Indian online gaming segment is expected to more than double at Rs 29,000 crore by FY25. The report added that the number of…