UpGrad seeks revenue of Rs 1,900 crore in FY22

Upskilling and higher learning edtech upGrad is likely to close the current financial year (FY22) with consolidated revenues of Rs 1900 crore, and ...

Monday, 21 March 2022, 03:43 Hrs

DigiLocker, India's app for issuance and verification of documents, tops 100 million users

DigiLocker, an app that enables individuals in India to digitize and store a copy of more than 560 different documents, including government-issued...

Saturday, 19 March 2022, 04:41 Hrs

Drone tech start-up AUS inks Rs 3.75 cr lease financing deal with Grip

Alternative investment platform Grip and Aarav Unmanned Systems (AUS) have entered a lease financing deal worth Rs 3.75 crore that paves the way fo...

Friday, 18 March 2022, 04:07 Hrs

Clear buys Xpedize, doubles down on supply chain financing

Online taxation and fintech software provider Clear, formerly ClearTax, on Wednesday announced it has acquired supply chain financing technology fi...

Thursday, 17 March 2022, 04:00 Hrs

Razorpay buys fintech startup IZealiant to empower banks

Fintech platform Razorpay on Wednesday announced to acquire IZealiant Technologies, a leading fintech startup that provides payments technology solutions for banks, for an undisclosed sum. The acquisition of Pune-based IZealiant, the fifth by Razorpay to date, will strengthen its banking solutions arm that builds innovative tech solutions fo...

B2B E-Commerce Platform ElasticRun's revenue doubles to Rs 1,087 crore in FY21

B2B E-Commerce Platform ElasticRun's revenue doubles to Rs 1,087 crore in FY21

ElasticRun, a business-to-business (B2B) e-commerce platform, had its revenue double to Rs 1,087 crore in FY21, according to financial data obtained from business intelligence platform Tofler. In FY20, it made Rs 510 crore in revenue. In FY21, losses increased by 10% to Rs 101 crore, up from Rs 91 crore the previous year. The company, wh...