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Pegasus Row: Govt Not to File Detailed Affidavit

The government said during a Supreme Court hearing that it won’t file a detailed affidavit for an independent probe into the Pegasus spyware row, citing “national security reasons”The Supreme Court bench, told Solicitor General (SG) Tushar Mehta, representing the...

Drone and AI tech startup Enercomp Secures Rs 1.5 Cr in angel round

Ahmedabad-based drone manufacturing, services, and AI tech startup Enercomp raised its angel round of funding of Rs 1.5 crore from ah! Ventures angel platform. This is ah! Ventures’ 23rd investment in 2021 and five more investments will be announced shortly.“India's...

IPO-bound Pine Labs eyes a $5 billion valuation

The public offering of merchant platform company Pine Labs may be sooner than expected. The company has passed a resolution to convert its Singapore-based holding entity from private to public, regulatory filings show.With this, the company has been renamed...

Coutloot Secures $8 Mn in new round of funding

Coutloot, an offline to online (O2O) social commerce platform, has raised $8 million in a pre-series round led by venture capital firm Ameba Capital. SOSV, 9Unicorns, Astarc Ventures also participated in the round, including existing investor Venture Catalysts.Coutloot plans...

COVID-19 has no effect on new companies registrations

COVID-19 pandemic seems to have little or no affect on new companies being registered in India. According to the Ministry of Corporate affairs entrepreneurship got big bolster across different parts of India.This is validated by a report by the...

Headout raises $12 Mn in Series B round

Online experiences marketplace Headout has raised $12 million in its Series B round led by Glade Brook Capital. The round also saw participation from existing investors Version One Ventures, Nexus Venture Partners, FJ Labs, 500 Startups, Haystack and Ludlow...

Koo embarks on aggressive workforce growth plan

India's newest microblogging platform Koo plans to raise its headcount to over 500 people in the next one year. The plan is to hire across engineering, product, and community management teams.Twitter rival Koo, which has scripted phenomenal growth with...

Startup Anveshan Secures Rs 3.67 Cr in seed round

D2C food brand Anveshan has raised Rs 3.67 crore in its seed round led by DSG Consumer Partners, Titan Capital and Anjali Bansal. Existing backers along with angels such as boAt Lifestyle and Beardo Founders have also participated.According to...

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