Biotech startup Helex raises $3.5M to advance gene therapies for kidney diseases

Biotechnology startup Helex on Thursday raised $3.5 million in a funding round led by pi Ventures, with participation from Bluehill Capital, SOSV, and a group of global investors, to advance…

Swiggy to hold board meeting to mull Rs 10,000 Cr fundraise

Food-tech firm Swiggy on Thursday said it is holding a board meeting on Friday to consider and approve raising up to Rs 10,000 crore to boost its growth capital reserves…

Swiggy's Q2 loss widens as bullish marketing, delivery costs outpace revenue

Swiggy’s losses widened on a year-on-year basis in the quarter ended September 30 as higher spending on marketing, logistics, and inventory outpaced revenue growth. Swiggy posted revenue from operations of…

Equirus to set up a Rs 1500 Cr private equity fund to back mid-market cos

Financial services company Equirus on Thursday partnered with industry veteran Srinath Srinivasan to set up a Rs 1500 crore private equity fund. Srinivasan, who was formerly the Chief Executive Officer…

Microsoft’s AI-fuelled cloud engine steers first quarter earnings

Tech giant Microsoft witnessed a “very strong start” to its financial year 2026, Chairman and CEO Satya Nadella noted, highlighting that the company is “building a planet-scale cloud and AI…

Startup news and updates: Daily roundup (October 30, 2025)

From Groww setting its IPO price band at Rs 95-100 to Meta reporting a robust third-quarter revenue driven by ad demand, YourStory brings you the latest news from India’s tech…

Drip Capital raises $50M from TD Bank to boost SMB trade finance

Drip Capital Inc., a digital trade-finance firm focused on small and mid-sized exporters, has secured a $50 million committed credit facility with an additional $25 million accordion option from Toronto-Dominion…

Groww sets IPO price band at Rs 95-100, targets Rs 61,700 Cr valuation

Billionbrains Garage Ventures Ltd., the parent company of Groww, has set a price band of Rs 95 to Rs 100 a share for its initial public offering (IPO), seeking a…

Shiprocket improves profitability in FY25 with Rs 1,632 Cr revenue

Logistics-tech unicorn Shiprocket has reported a full-year positive cash EBITDA for the first time in FY25, marking a significant milestone in its profitability journey. The company’s revenue increased 24% year-over-year…

Surging AI demand boosts Meta’s revenue, but hefty one-time tax dents profit

Facebook parent Meta capitalised on surging AI-powered ad demand to post robust third-quarter (Q3) 2025 revenue gains, though a hefty one-time tax charge dented its profit. In Q3, the California-based…

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