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ISN
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CCI clears Groww’s bonus share issue, ends founders’ special rights ahead of IPO
- The Competition Commission of India has approved Groww's proposal to issue bonus shares to existing investors.
- Groww, which is preparing for its IPO, will remove the special voting rights of its founders.
- Certain shareholders will acquire additional voting rights, and Groww will issue bonus shares to existing equity investors.
- The company is in talks to raise $200 million ahead of the IPO, with a projected valuation of $6 billion to $8 billion.
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Inc42
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104
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Exclusive: ZeCa Capital’s INR 150 Cr Sustainability-Focussed Fund Gets SEBI Nod
- ZeCa Capital has received approval from SEBI to launch its INR 150 Cr sustainability-focussed fund.
- The fund aims to invest in early-stage sustainable startups across various sectors.
- ZeCa Capital's investment criteria include a focus on companies with customer revenue and repeats.
- The fund plans to invest in startups involved in technology, software, consumer, and circular economy sectors.
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Inc42
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317
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Foxconn’s India Arm To Focus On Apple Supply Chain Service, Rejigs Board
- Foxconn’s India arm, Bharat FIH, is shifting its focus to Apple's supply chain service rather than competing in the electronics manufacturing services (EMS) space due to drops in Xiaomi orders.
- Bharat FIH has overhauled its board by adding two new independent directors, Payal Koul Mirakhur and Arun Todarwal.
- The company is looking to be an independent service provider for Apple suppliers and has been doing this work for about a year now.
- Foxconn is aiming to double its iPhone production at its India facilities in the current year.
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Inc42
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178
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Flipkart Singapore Parent Infuses INR 3,249 Cr In Marketplace Arm
- Walmart-owned Flipkart has infused INR 3,248.9 Cr in its marketplace arm, Flipkart Internet.
- This is the third major fund infusion received by Flipkart Internet from its Singapore-based parent company in less than a year.
- Flipkart's marketplace arm saw a 21% YoY increase in revenue and a 41% reduction in losses in FY24.
- Flipkart is planning to float an IPO within the next 12-15 months and has received internal approval to shift its domicile back to India.
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Gritdaily
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Kribsavup and Music Habitat Bring the Heat on Go Fund Yourself Episode 10
- Cheddar TV’s hit entrepreneurial reality show Go Fund Yourself is back with Episode 10, airing April 3rd, featuring two visionary startups, Kribsavup and Music Habitat, pitching their game-changing platforms to business moguls Rory Cutaia, Jayson Waller, and David Meltzer.
- Kribsavup aims to help everyday people achieve homeownership by offering a personalized roadmap to buying a home, improving credit scores, creating savings strategies, and providing expert guidance throughout the process.
- Music Habitat is a platform designed to revolutionize the music industry, offering artists tools to monetize their craft, venues access to a curated pool of talent, and fans the ability to discover shows and support artists directly.
- The episode showcases the legendary Titans on the show: Rory Cutaia, Jayson Waller, and David Meltzer, who provide insight, networks, and tough love to help the startups grow.
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TechUniverses
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Growing Your Online Business with Free Tools and Smart Strategies
- Growing an online business on a budget requires using free tools and implementing smart strategies.
- Free marketing strategies like natural social media content and email marketing are effective in increasing web presence and profitability.
- Optimizing website performance and user experience can be done using free tools for analytics, SEO, and design.
- Utilizing free productivity and customer support tools contributes to efficient business operations and improved customer satisfaction.
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SiliconCanals
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287
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London’s Unravel secures €6.3M to turn influencer travel videos into personalised itineraries
- London-based Unravel, an AI video-based travel commerce company, has raised $7M in a Series A funding round.
- The investment was led by Nauta Capital, with participation from Active Partners, Slingshot Ventures, and former Booking.com CFO Olivier Bisserier.
- Unravel uses AI to connect video content with booking options, providing a video commerce platform for banks, airlines, and fintechs.
- The funding will be used to enhance AI capabilities and expand the team, with ongoing expansion into Europe and the UK.
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TechUniverses
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330
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How to Lower Your Mortgage Payments? A Complete Guide
- Refinancing can help individuals when mortgage interest rates decline. It is important to weigh the loan expenses against the permanent savings in interest.
- Extending the loan term from 15 years to 30 years can be a short-term solution to lower monthly payments when money flow is limited.
- Using a cash-out refinancing calculator can help homeowners tap into their home equity and obtain a larger loan amount, but it is important to check budget compatibility.
- Removing private mortgage insurance (PMI) when home equity reaches 20% can help reduce monthly payments.
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Inc42
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320
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Scapia Nets $40 Mn From Peak XV, Others To Expand Travel Offerings
- Flipkart executives' travel fintech startup, Scapia, has raised $40 Mn in a Series B funding round led by Peak XV Partners.
- The fresh capital will be used for product development, team expansion, and integrating AI technology to drive growth.
- Scapia offers co-branded credit cards in partnership with Federal Bank, providing unique benefits for Gen Z and millennial travelers.
- In addition to credit cards, Scapia has a travel app for booking flights, hotels, and domestic transportation.
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Medium
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247
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Luna Daily scoops Media Maestro 2025
- Luna Daily, a body care brand focused on microbiome balancing, has won the 2025 Media Maestro competition.
- The brand aims to reframe outdated body care categories, including feminine hygiene, post-partum, and menopause, into a more inclusive and positive experience for women of all ages.
- Luna Daily was awarded a £250k advertising prize pot and plans to create campaigns with dmg media's platform to reach more women.
- The Media Maestro competition highlights the growth and innovation within the UK consumer sector, with a focus on diverse founders and underrepresented backgrounds.
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Inc42
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199
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Honasa Vs Distributor: Dubai’s Top Court Rules In Favour Of Honasa
- Dubai's top court, Court of Cassation, has ruled in favor of Honasa in a year-long courtroom drama with its distributor RSM General Trading LLC.
- The Appeal Court's decision, which previously ordered Honasa to pay AED 25 Mn (around INR 56 Cr) as compensation to RSM, has been overturned by the Cassation Court.
- The case has been sent back to the Dubai Court of Appeal for a fresh hearing by a new panel of judges.
- Honasa is relieved as the original order to pay AED 25 Mn is paused until the rehearing concludes.
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Medium
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256
How AI is Transforming Venture Capital: Evaluating Startup Investments and Predicting Success
- AI-driven tools are being used to analyze vast amounts of data to predict the success of startups.
- Platforms like SignalFire and EQT Ventures automate data analysis to evaluate market potential and financial health.
- AI tools assess founder experience and team dynamics to determine a startup's potential for success.
- The future of venture capital involves integrating AI into investment strategies and leveraging it for data-driven insights and decision-making.
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ISN
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152
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Indian storytelling platform Pratilipi raises $20 million to expand into new storytelling formats
- Indian storytelling platform Pratilipi has raised $20 million in a Series E funding round led by Jungle Ventures.
- The funding will support Pratilipi's expansion into new storytelling formats, such as animation and vertical drama, and its entry into international markets.
- Pratilipi, founded in 2015, offers a self-publishing platform for writers in Indian languages and has evolved into a widely used platform for regional storytelling.
- The company's core online literature business is profitable, and it has expanded through acquisitions of publishing house Westland Books and the podcast network IVM Podcasts.
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Gritdaily
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378
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Inside The eCom Capitalist: How Jeremy Michael and Kim Dang are Transforming E-commerce Automation
- Jeremy Michael and Kim Dang founded The eCom Capitalist after years in online retail, digital marketing, and business operations, aiming to simplify e-commerce automation and inspire entrepreneurs.
- Kim Dang's journey started with a successful car parts business, transitioning to digital coaching, where she helped professionals monetize their expertise, earning over $5 million.
- Jeremy Michael, with expertise in e-commerce automation, previously achieved selling 296 stores for $12 million before co-founding The eCom Capitalist.
- Both saw a need for trust and reliable fulfillment in e-commerce, leading to the formation of their company focusing on transparency and quality relationships.
- The eCom Capitalist offers services like Shopify store build-out, product research, fulfillment, and aims to be a growth partner for clients in building successful e-commerce businesses.
- In a rapidly growing e-commerce market estimated to reach $27.15 trillion by 2027, Jeremy and Kim's approach aligns with the increasing demand for scalable e-commerce solutions.
- Their dedication to transparency, quality, and forming long-term partnerships resonates with aspiring business owners facing technical or operational challenges in the e-commerce landscape.
- Jeremy and Kim view their work as building legacies for their partners, and they are committed to providing tools, strategy, and support for long-term success in e-commerce.
- The eCom Capitalist's mission is to empower entrepreneurs to achieve financial independence, offering comprehensive support to help clients thrive in the evolving e-commerce world.
- Jeremy and Kim invite aspiring entrepreneurs to explore The eCom Capitalist for the opportunity to turn their business dreams into reality in the ever-expanding e-commerce realm.
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Economic Times
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Travel fintech startup Scapia raises $40 million from Peak XV, existing investors
- Travel fintech startup Scapia raises $40 million from Peak XV, existing investors.
- The funding round was led by Peak XV Partners with participation from Elevation Capital, Z47, and 3State Capital.
- Scapia plans to use the funds to invest in brand building, develop new services for young travellers, and expand the team by 50%.
- Scapia aims to expand its user base by four to five times in the next year.
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