Indian quick-commerce Zepto zooms to $1.2B in annualized sales, Goldman says

Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within just 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing the Zepto…

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Sachin Bansal’s fintech Navi seeks $2B valuation in its first major external fundraise

Flipkart co-founder Sachin Bansal is in talks to raise capital for his newer startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2…

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Indian government’s cloud spilled citizens’ personal data online for years

The Indian government has finally resolved a years-long cybersecurity issue that exposed reams of sensitive data about its citizens. A security researcher exclusively told TC he found at least hundreds…

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Byju’s founder floats share offer to make peace with estranged investors

Byju Raveendran, the founder of embattling edtech group Byju’s, has made a last-ditch attempt to placate the Indian startup’s disgruntled investors, informing them that the board is weighing an offer…

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