india quotient

ShareChat faces large valuation cut in new funding

ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to as low as below $1.5 billion, according to two sources familiar wit

Google-backed Indian audio platform Kuku FM raises $25 million

Google-backed audio content platform Kuku FM has raised $25 million in a new funding round as it looks to make deeper inroads with its audiobook offerings in the South Asian market. Indian billionaire

GlobalFair secures new cash to simplify procuring construction materials

The construction materials market is fragmented, according to GlobalFair CEO Shaily Garg, because it involves layers of both supply chain and logistics complexities. In a 2021 survey for the National

Twitter-backed Indian social network ShareChat raises $40 million

ShareChat, an Indian social network that focuses entirely on serving users in non-English languages, said on Thursday it has raised $40 million from a clutch of investors after the Indian startup adde

A glint of hope for India’s food delivery market as Zomato projects monthly cash burn of less than $1M

Food delivery startups in India have been struggling to make financial sense for years. They have each lost as much as $50 million a month to win and sustain customers by offering heavy discounts. And

Indian Startup CREO Raises $3M To Build Its Own Android-based OS And Smartphones

CREO is a new startup in India with big ambitions. It not only wants to create a new Android-based operating system, but also produce its own smartphones. The Bengaluru-based company announced today t