Funding and acquisitions in Indian startup this week [May 12 - May 17]
VerSe to lay off 350 employees amid strategic AI investment
Singapore’s GIC seeks CCI approval to acquire 2.14% stake in Groww
Quikr posts first-ever profit in FY24 but left with only Rs 20 Cr in current assets
Value retail chain 1-India Family Mart raises $12 Mn in Series D round
Ice cream brand Hocco raises $10 Mn in first close of Series B round
Gensol faces insolvency as IREDA moves NCLT over Rs 510 Cr loan default
All Stories
Funding and acquisitions in Indian startup this week [May 12 - May 17]
VerSe to lay off 350 employees amid strategic AI investment
Fintrackr
Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6%
PB Fintech crosses Rs 1,508 Cr revenue in Q4 FY25; profit triples
Quikr posts first-ever profit in FY24 but left with only Rs 20 Cr in current assets
SoftBank turns around in FY25: Clocks $7.4 Bn profit, bets big on AI and chips
News
VerSe to lay off 350 employees amid strategic AI investment
Nobel Hygiene secures $20 Mn from Neo Asset Management
Singapore’s GIC seeks CCI approval to acquire 2.14% stake in Groww
Ice cream brand Hocco raises $10 Mn in first close of Series B round