Connect with us

Latest News

Kuku FM’s $200 Million IPO: Mebigo Labs Hires Top Bankers to Lead Public Listing

Published

on

Kuku FM

Kuku FM’s parent company, Mebigo Labs, has hired leading investment banks to prepare for a 200 million dollar IPO in India, marking a major milestone for the country’s digital audio ecosystem. The Mumbai-based company has reportedly appointed Kotak Mahindra Capital, Axis Bank and Morgan Stanley’s India unit to manage the proposed share sale, which is likely to be launched on Indian stock exchanges once key regulatory steps are completed. This move signals strong intent to tap public markets and test investor appetite for subscription-led regional audio platforms in India.​

The planned IPO proceeds are expected to help Kuku FM expand its content library, strengthen its regional language offerings and invest in technology to enhance user experience. With a focus on Hindi, Marathi, Tamil and other Indian languages, Kuku FM aims to capture the fast-growing audience in Tier 2 and Tier 3 cities seeking affordable audiobooks, courses and storytelling content. The funds could also provide additional firepower for marketing, partnerships and product innovation, helping the platform compete more aggressively in India’s crowded digital entertainment and creator economy landscape.​

Founded in 2018, Kuku FM has built a subscription-driven business model and has reportedly scaled to millions of paying users, backed by multiple funding rounds from prominent investors. Its decision to pursue a 200 million dollar IPO positions it as one of the first major Indian audio platforms to attempt a public listing, potentially paving the way for other podcast and niche content startups to follow. As the IPO process moves forward, Kuku FM’s performance in the public markets will be closely watched as a key indicator of how investors value regional, knowledge-first audio platforms in India’s booming digital economy.

 

Continue Reading
Advertisement
80 Comments

80 Comments

  1. Aliyah Cline

    December 16, 2025 at 8:19 pm

    This topic is so relevant right now. Thanks for the timely post.

  2. spotbet

    December 17, 2025 at 6:22 am

    You made some excellent points here. Well done!

  3. spotbet

    December 17, 2025 at 6:26 am

    What I really liked is how easy this was to follow. Even for someone who’s not super tech-savvy, it made perfect sense.

  4. Latest APK

    December 17, 2025 at 9:17 am

    I recently tried to Premium Unlocked APK from a verified source and found it super helpful. The High-speed download server version provided access to features like Full version APK and Offline Android games which made the experience much smoother. I also checked for security before installing the Patch APK and everything worked perfectly. Always look for safe APK download sites to ensure reliability and clean installations.

  5. Cybersecurity & VPN Solutions

    December 17, 2025 at 9:37 am

    With the rapid evolution of modern digital infrastructure, many companies are shifting their focus toward Online Education & Certifications to improve long‑term performance and ensure seamless scalability. At the same time, growing security concerns have increased the demand for Business Tools & SaaS Software, especially as more organizations move their operations online. Meanwhile, the rise of Cybersecurity & VPN Solutions has empowered professionals to optimize workflows, enhance productivity, and adopt smarter technological strategies suitable for competitive global markets. (9fd9b96e)

  6. Artificial intelligence

    December 17, 2025 at 9:37 am

    In the world of best open world games 2025 pc, players are always searching for better experiences, especially when they try to pc game trailers from trusted sources. Many gamers explore different genres such as android games download or even deep story-based indie games download to discover new entertainment. As the demand grows, the trend of free pc games continues to shape the gaming community and attract more users every day.

  7. Crypto

    December 17, 2025 at 9:37 am

    Many people today are increasingly interested in subjects like Artificial intelligence because of their major influence on global technology and financial systems. At the same time, the rise of markets such as Forex attracts individuals who want to explore new opportunities and learn how digital economies operate. Others choose to study areas like Crypto to understand long‑term strategies, risk management, and potential growth across different sectors.

  8. lüleburgaz nakliye

    December 17, 2025 at 10:44 am

    I really like reading through a post that can make men and women think. Also, thank you for allowing me to comment! lüleburgaz evden eve taşımacılık

  9. tip4d

    December 17, 2025 at 12:16 pm

    Excellent work! Looking forward to future posts.

  10. tip4d

    December 17, 2025 at 12:21 pm

    I love the clarity in your writing.

  11. F168 แหล่งรวมเกมเดิมพันครบวงจรอันดับต้น ๆ ของไทย ไม่ว่าจะเป็นสล็อตแตกบ่อย คาสิโนสด เกมยิงปลา หรือกีฬา เล่นได้ทุกอุปกรณ์ ฝาก–ถอนรวดเร็ว ปลอดภัย มาตรฐานสูง ข้อมูลสมาชิกได้รับการปกป้องอย่างมั่นใจ พร้อมโปรโมชั่นต่อเนื่อง โบนัสต้อนรับ คืนยอดเสีย และสิทธิพิเศษ VIP ทีมงานดูแล 24 ชั่วโมง ให้คุณสนุกไปกับ F168 ได้อย่างเต็มที่.

  12. situs toto

    December 17, 2025 at 4:09 pm

  13. situs toto

    December 17, 2025 at 4:49 pm

  14. situs toto

    December 17, 2025 at 5:06 pm

  15. Dane Hansen

    December 17, 2025 at 5:31 pm

    This was beautiful Admin. Thank you for your reflections.

  16. Ricky Sanford

    December 17, 2025 at 7:08 pm

    For the reason that the admin of this site is working, no uncertainty very quickly it will be renowned, due to its quality contents.

  17. เติมเงิน F168

    December 17, 2025 at 7:15 pm

    F168 แหล่งรวมเกมเดิมพันครบวงจรอันดับต้น ๆ ของไทย ไม่ว่าจะเป็นสล็อตแตกบ่อย คาสิโนสด เกมยิงปลา หรือกีฬา เล่นได้ทุกอุปกรณ์ ฝาก–ถอนรวดเร็ว ปลอดภัย มาตรฐานสูง ข้อมูลสมาชิกได้รับการปกป้องอย่างมั่นใจ พร้อมโปรโมชั่นต่อเนื่อง โบนัสต้อนรับ คืนยอดเสีย และสิทธิพิเศษ VIP ทีมงานดูแล 24 ชั่วโมง ให้คุณสนุกไปกับ F168 ได้อย่างเต็มที่.

  18. ok9

    December 17, 2025 at 8:40 pm

    OK9 là đơn vị nhà cái cá cược uy tín 2023. Cung cấp hàng loạt các trò chơi hấp dẫn và hiện đại. Có tỷ lệ quy đổi thưởng cao và khuyến mãi mạnh. Có hệ thống bảo mật tuyệt đối, CSKH 24/7, nạp rút nhanh từ 3 – 5 phút. Cùng tham gia đặt cược ngay nhé.

  19. getxbot.ceacer.com

    December 17, 2025 at 9:43 pm

    I do not even understand how I ended up here, but I assumed this publish used to be great

  20. Felipe Brewer

    December 18, 2025 at 1:58 am

    Useful and well-structured. Looking forward to more posts from you.

  21. Gavin Price

    December 18, 2025 at 5:16 am

    Such a clear explanation — I feel more confident tackling this now.

  22. Cloe Ward

    December 18, 2025 at 5:36 am

    Such a clear explanation — I feel more confident tackling this now.

  23. ratutogel

    December 18, 2025 at 11:37 am

    Posts like this are why I keep coming back. It’s rare to find content that’s simple, practical, and not full of fluff.

  24. ratutogel

    December 18, 2025 at 11:41 am

    Very relevant and timely content. Appreciate you sharing this.

  25. FLY88

    December 18, 2025 at 1:02 pm

    Trải nghiệm đọc nội dung tại FLY88 khá ổn, dễ nắm ý chính.

  26. jonitogel login

    December 18, 2025 at 1:32 pm

    Your content always adds value to my day.

  27. jonitogel login

    December 18, 2025 at 1:36 pm

    I wasn’t sure what to expect at first, but this turned out to be surprisingly useful. Thanks for taking the time to put this together.

  28. George Lynn

    December 18, 2025 at 1:54 pm

    Well-written and practical. Can you share a template for this?

  29. Tipico App für unterwegs

    December 20, 2025 at 12:03 pm

    Die Kernaufgabe unserer Seite ist es Ihnen eine schnelle und zuverlässige Übersicht über Deutsche online Casinos, also über Casinos, die Deutsche
    Spieler akzeptieren, zu geben. Je nach Lizenz haben Casinos jedoch unterschiedliche Eigenschaften und Features, wie zum Beispiel Einsatzlimits oder Spielauswahl.
    Daher muss jedes online Casino in Deutschland 2025 über eine sichere
    Lizenz verfügen.
    Die besten deutschen Online Casinos für 2025 bieten eine Kombination aus Sicherheit, umfangreichem Spieleangebot, attraktiven Boni und schnellen Auszahlungen. Mobile Casino-Apps bieten den Spielern eine größere Auswahl an Slots und die Möglichkeit,
    bequem online zu spielen, ohne physisch zur Spielothek reisen zu müssen. Neue Spieler profitieren von einem großzügigen Willkommensbonus, während bestehende Spieler regelmäßig von Bonusaktionen und Freispielen profitieren. In unserer Liste
    der besten Online Casinos für 2025 finden sich die Top 50
    staatlich lizenzierten Online Spielbanken für deutsche Spieler.

    So bieten gute Casino Seiten für jede Einzahlung einen sogenannten Reload-Bonus oder auf Deutsch
    einen Einzahlungsbonus. Beim Bonus haben deutsche Online Casinos
    alles zu bieten, was man so kennt. Digitale Casinospiele bieten auch
    unendlich viele Möglichkeiten für das Spielfeld.

    References:
    https://online-spielhallen.de/umfassende-bewertung-des-venlo-casinos-ein-erfahrener-spielerblick/

  30. aqua sculpt

    December 21, 2025 at 4:11 am

    **aqua sculpt**

    aquasculpt is a premium fat-burning supplement meticulously formulated to accelerate your metabolism and increase your energy output.

  31. 78WIN

    December 21, 2025 at 7:02 pm

    78WIN ให้บริการเกมหลากหลายประเภททั้งสล็อต คาสิโนสด กีฬา ยิงปลา และลอตเตอรี่ รองรับผู้เล่นทุกแนวแบบครบเครื่อง. แพลตฟอร์มถูกออกแบบให้ใช้งานง่าย เปิดได้ทุกอุปกรณ์และโหลดไว มีความเสถียรสูง. ผู้เล่นยังได้รับโบนัสต้อนรับ โปรโมชั่นรายวัน และกิจกรรมพิเศษที่ช่วยเพิ่มโอกาสในการทำกำไร. ระบบฝาก–ถอนปลอดภัย โปร่งใส และดำเนินการรวดเร็ว พร้อมทีมสนับสนุน 24 ชั่วโมง ทำให้ 78WIN เป็นหนึ่งในตัวเลือกที่เชื่อถือได้ของผู้เล่นชาวไทย.

  32. backbiome

    December 22, 2025 at 1:45 am

    **backbiome**

    backbiome is a naturally crafted, research-backed daily supplement formulated to gently relieve back tension and soothe sciatic discomfort.

  33. boostaro

    December 22, 2025 at 7:02 am

    **boostaro**

    boostaro is a specially crafted dietary supplement for men who want to elevate their overall health and vitality.

  34. aqua sculpt

    December 22, 2025 at 8:02 am

    **aqua sculpt**

    aquasculpt is a revolutionary supplement crafted to aid weight management by naturally accelerating metabolism

  35. hepato burn

    December 22, 2025 at 8:35 am

    **hepato burn**

    hepatoburn is a high-quality, plant-forward dietary blend created to nourish liver function, encourage a healthy metabolic rhythm, and support the bodys natural fat-processing pathways.

  36. vivalis

    December 22, 2025 at 10:07 am

    **vivalis**

    vivalis is a premium natural formula created to help men feel stronger, more energetic, and more confident every day.

  37. alpha boost

    December 22, 2025 at 1:44 pm

    **alpha boost**

    alpha boost for men, feeling strong, energized, and confident is closely tied to overall quality of life. However, with age, stress, and daily demands

  38. nitric boost ultra

    December 22, 2025 at 4:39 pm

    **nitric boost ultra**

    nitric boost is a daily wellness blend formulated to elevate vitality and support overall performance.

  39. synadentix

    December 22, 2025 at 5:54 pm

    **synadentix**

    synadentix is a dental health supplement created to nourish and protect your teeth and gums with a targeted combination of natural ingredients

  40. glycomute

    December 22, 2025 at 6:31 pm

    **glycomute**

    glycomute is a natural nutritional formula carefully created to nurture healthy blood sugar levels and support overall metabolic performance.

  41. nervecalm

    December 22, 2025 at 7:17 pm

    **nervecalm**

    nervecalm is a high-quality nutritional supplement crafted to promote nerve wellness, ease chronic discomfort, and boost everyday vitality.

  42. yu sleep

    December 22, 2025 at 10:01 pm

    **yu sleep**

    yusleep is a gentle, nano-enhanced nightly blend designed to help you drift off quickly, stay asleep longer, and wake feeling clear

  43. glpro

    December 22, 2025 at 10:02 pm

    **glpro**

    glpro is a natural dietary supplement designed to promote balanced blood sugar levels and curb sugar cravings.

  44. prodentim

    December 22, 2025 at 10:55 pm

    **prodentim**

    prodentim is a distinctive oral-care formula that pairs targeted probiotics with plant-based ingredients to encourage strong teeth

  45. balmorex

    December 22, 2025 at 11:22 pm

    **balmorex**

    balmorex is an exceptional solution for individuals who suffer from chronic joint pain and muscle aches.

  46. mindvault

    December 22, 2025 at 11:44 pm

    **mindvault**

    mindvault is a premium cognitive support formula created for adults 45+.

  47. vitrafoxin

    December 23, 2025 at 1:12 am

    **vitrafoxin**

    vitrafoxin is a premium brain enhancement formula crafted with natural ingredients to promote clear thinking, memory retention, and long-lasting mental energy.

  48. femipro

    December 23, 2025 at 2:42 am

    **femipro**

    femipro is a dietary supplement developed as a natural remedy for women facing bladder control issues and seeking to improve their urinary health.

  49. provadent

    December 23, 2025 at 2:59 am

    **provadent**

    provadent is a newly launched oral health supplement that has garnered favorable feedback from both consumers and dental professionals.

  50. glucore

    December 23, 2025 at 4:45 am

    **glucore**

    glucore is a nutritional supplement that is given to patients daily to assist in maintaining healthy blood sugar and metabolic rates.

  51. sleep lean

    December 23, 2025 at 5:28 am

    **sleep lean**

    is a US-trusted, naturally focused nighttime support formula that helps your body burn fat while you rest.

  52. prostavive

    December 23, 2025 at 7:01 am

    **prostavive**

    prostavive Maintaining prostate health is crucial for mens overall wellness, especially as they grow older.

  53. tonic greens

    December 23, 2025 at 7:07 am

    **tonic greens**

    tonic greens is a cutting-edge health blend made with a rich fusion of natural botanicals and superfoods, formulated to boost immune resilience and promote daily vitality.

  54. vertiaid

    December 23, 2025 at 7:49 am

    **vertiaid**

    vertiaid is a high-quality, natural formula created to support stable balance, enhance mental sharpness, and alleviate feelings of dizziness

  55. sugarmute

    December 23, 2025 at 8:50 am

    **sugarmute**

    sugarmute is a science-guided nutritional supplement created to help maintain balanced blood sugar while supporting steady energy and mental clarity

  56. prime biome

    December 23, 2025 at 11:10 am

    **prime biome**

    The natural cycle of skin cell renewal plays a vital role in maintaining a healthy and youthful appearance by shedding old cells and generating new ones.

  57. gluco6

    December 23, 2025 at 6:33 pm

    **gluco6**

    gluco6 is a natural, plant-based supplement designed to help maintain healthy blood sugar levels.

  58. Mental4d

    December 23, 2025 at 7:01 pm

    Wish you the best fortune in the future. Good article and inspiring.

  59. oradentum

    December 24, 2025 at 4:17 am

    **oradentum**

    oradentum is a comprehensive 21-in-1 oral care formula designed to reinforce enamel, support gum vitality, and neutralize bad breath using a fusion of nature-derived, scientifically validated compounds.

  60. hitlub

    December 25, 2025 at 8:14 am

    yo! anyone played hitlub before? Need some opinions before I throw my money down. Let me know! hitlub

  61. QQ88

    December 26, 2025 at 1:42 pm

    QQ88 là nhà cái trực tuyến được người chơi chọn lựa bởi độ uy tín vượt bậc , tại QQ88 nhà cái sở hữu hơn 100 tựa game cá cược khác nhau như casino, slot game, đá gà, thể thao,…

  62. QQ88

    December 27, 2025 at 1:34 am

    QQ88 là nhà cái cá cược đẳng cấp top 1 việt Nam, đến với QQ88 nhận 88k khi đăng ký, 188K nạp đầu. Tham gia casino, nổ hũ, bắn cá nhận ngay hoàn trả hàng ngày

  63. Australia online casino 2026

    December 27, 2025 at 12:35 pm

    The platform’s organization makes it easy to filter games by volatility, theme, or special features.

    This extensive catalog ensures that every player, regardless of their gaming preferences, will
    find something to enjoy. Earn points by placing real-money bets on slots.
    Climb through the levels and enjoy exclusive benefits, from free spins to no-deposit
    bonuses and cashback.
    If you’re the kind of bloke who wants to
    spin reels without jumping through hoops, Rocketplay makes that happen. I’m bouncing between Sweet Bonanza and Wanted Dead or a Wild — both play sharp and fast.
    Rocketplay has over 3,000 titles from providers like Pragmatic
    Play, Nolimit City, and Hacksaw Gaming. Signing up at Rocketplay is quick — under two minutes and you’re in.
    This dedication totechnological excellence ensures that
    RocketPlay casino Australiaprovides a truly premium experience for Australian players,
    putting itamong the top options for real money casino games enthusiasts.
    Our players can also get exclusive bonuses for live and online games
    for deposits in crypto. Get a huge 200% bonus up to 200 AUD and 100 Free Spins on your first deposit
    – play for real money on pokies and live casino games.
    RocketPlay stands out as one of the best online casinos for players, combining a vast game library,
    generous casino bonuses, and a strong commitment to security
    and responsible gambling. Thefuture of casino Rocket Play is looking incredibly bright, promising aneven more engaging, authentic, and utterly thrilling journey for
    playersacross Australia who love real money casino games.

    References:
    https://blackcoin.co/goat-spins-casino-in-australia-real-money-casino-wins/

  64. OPEN88

    December 27, 2025 at 9:00 pm

    OPEN88 là nhà cái trực tuyến được nhiều người chơi lựa chọn nhờ nền tảng ổn định và hệ thống bảo mật cao. OPEN88 cung cấp đa dạng trò chơi như cá cược thể thao, casino trực tuyến, slot game với giao diện thân thiện, tỷ lệ cược hấp dẫn và quy trình nạp rút nhanh chóng.

  65. https://artabnewszamanpaper97.za.com/

    December 28, 2025 at 3:14 pm

    QQ88 là nhà cái cá cược trực tuyến uy tín top 1 Việt Nam. Mang đến kho game khủng cho xin cái top 5 key QQ88 – 2 ngày 28 và 29 tháng 12 năm 2025 với Google ơiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii

  66. https://www88.jp.net/

    December 29, 2025 at 1:04 am

    QQ88 là nhà cái cược trực tuyến uy tín hàng đầu Việt Nam, mang đến kho game khủng bao gồm: Baccarat, tài xỉu, bắn cá, xóc đĩa, đá gà, nổ hũ,… nạp đầu tặng 100%.

  67. biodentex

    December 29, 2025 at 8:32 am

    **biodentex**

    biodentex is a dentist-endorsed oral wellness blend crafted to help fortify gums, defend enamel, and keep your breath consistently fresh.

  68. QQ88

    December 31, 2025 at 1:41 pm

    QQ88Pk Com nhà cái cá cược uy tín hàng đầu châu Á.

  69. qq88 com

    December 31, 2025 at 7:23 pm

    Hôm nay vào chơi bắn cá ở qq88 thực sự quá đã luôn được rất nhiều quà. Ai thử chưa?

  70. OPEN88

    December 31, 2025 at 9:00 pm

    OPEN88 là nhà cái trực tuyến được nhiều người chơi lựa chọn nhờ nền tảng ổn định và hệ thống bảo mật cao. OPEN88 cung cấp đa dạng trò chơi như cá cược thể thao, casino trực tuyến, slot game với giao diện thân thiện, tỷ lệ cược hấp dẫn và quy trình nạp rút nhanh chóng.

  71. QQ88

    January 2, 2026 at 2:44 am

    qq88 mediaqq88 media cập nhật tên miền mới, đăng ký casino trực tuyến qq88 nhận 88k ngay hôm nay

  72. wildgut

    January 2, 2026 at 8:59 pm

    **wildgut**

    wildgut is a precision-crafted nutritional blend designed to nurture your dogs digestive tract.

  73. QQ88

    January 3, 2026 at 1:17 am

    QQ88 Media cập nhật tên miền mới, cá cược casino tặng 88k , bắn cá tặng 100k, nổ hũ tặng 50k, đá gà tặng 1 tỷ.

  74. mitolyn

    January 3, 2026 at 3:14 am

    **mitolyn**

    mitolyn is a plant-forward blend formulated to awaken metabolic efficiency and support steady, sustainable weight management.

  75. PS99

    January 3, 2026 at 12:56 pm

    Nhà cái thể thao PS99 ra mắt vào tháng 01/2026, hứa hẹn trở thành điểm đến lý tưởng cho anh em đam mê cá cược thể thao tại Việt Nam. Bên cạnh hệ thống kèo thể thao đa dạng, PS99 còn cung cấp các sản phẩm giải trí như ca.si.no, bắn cá, nổ hũ và nhiều trò chơi đổi thưởng hấp dẫn.

  76. PS99

    January 3, 2026 at 6:24 pm

    Nhà cái PS99 đang được giới chuyên môn dự đoán sẽ trở thành biểu tượng mới trong ngành giải trí trực tuyến tại Việt Nam. Ngoài cung cấp các loại kèo thể thao hấp dẫn, PS99 còn có các sản phẩm giải trí khác như: live ca.si.no, game bài, bắn cá 3D, nổ hũ và xổ số trực tuyến.

  77. prostadine

    January 4, 2026 at 12:35 am

    **prostadine**

    prostadine concerns can disrupt everyday rhythm with steady discomfort, fueling frustration and a constant hunt for dependable relief.

  78. ignitra

    January 4, 2026 at 11:17 pm

    **ignitra**

    ignitra is a premium, plant-based dietary supplement created to support healthy metabolism, weight management, steady energy, and balanced blood sugar as part of an overall wellness routine

  79. 789WIN

    January 5, 2026 at 3:05 pm

    789Win nổi bật với nền tảng hiện đại, đa dạng các trò chơi từ thể thao, casino trực tuyến đến slot game độc đáo. Cam kết mang lại trải nghiệm an toàn, minh bạch và cơ hội thắng lớn với vô số khuyến mãi hấp dẫn dành cho mọi người chơi!

  80. lương sơn tv

    January 6, 2026 at 1:47 pm

    Công nhận Lương Sơn TV đợt này nâng cấp server xem đã thật. Hôm qua xem trên điện thoại bằng 4G mà vẫn chạy mượt, không bị xoay vòng tròn. Anh em muốn xem trực tiếp bóng đá ổn định thì cứ trang này mà phang thôi.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Centre Mulls Revoking X’s Safe Harbour Over Grok Misuse

Published

on

Grok - StartupStories

The Centre is weighing the option of revoking X’s safe harbour status in India after its AI chatbot Grok was allegedly misused to generate and circulate obscene and sexually explicit content, including material seemingly involving minors. The IT Ministry has already issued a notice to X, directing the platform to remove unlawful content, fix Grok’s safeguards, act against violators, and submit a detailed compliance report within a tight deadline. If the government finds X’s response inadequate, it could argue that the platform has failed to meet due‑diligence standards under Indian law, opening the door to harsher action.​

Under Section 79 of the IT Act, safe harbour protects intermediaries like X from being held directly liable for user‑generated content, provided they follow due‑diligence rules and promptly act on legal takedown orders. Revoking this protection would mean X and its officers could be exposed to criminal and civil liability for obscene, unlawful, or harmful content that remains on the platform, including AI‑generated images from Grok. This prospect significantly raises X’s compliance risk in India and could force tighter moderation, stricter AI controls, and more aggressive removal of flagged posts.​

The Grok episode also spotlights the regulatory grey zone around generative AI, where tools can create harmful content at scale even without traditional user uploads. Policymakers are increasingly questioning whether AI outputs should still enjoy the same intermediary protections as conventional user posts, especially when they involve women and children. How the government ultimately proceeds against X over Grok misuse could set a precedent for AI accountability, platform responsibility, and safe harbour interpretation in India’s fast‑evolving digital ecosystem.

Continue Reading

Latest News

How Pronto Is Redefining 10-Minute Home Services in India with a $25 Million Fundraise

Published

on

Startup Stories

Home services startup Pronto is in advanced talks to raise about $25 million at a near-$100 million valuation, underscoring strong investor confidence in India’s fast-growing 10-minute home services market. This potential round would be the company’s third major funding milestone after its $2 million seed and $11 million Series A in 2025, backed by marquee investors such as General Catalyst, Glade Brook Capital, Bain Capital and new participant Epiq Capital. The fresh capital is expected to further strengthen Pronto’s positioning as a leading tech-led household help platform for urban consumers.​

Pronto operates a 10-minute on-demand home-services platform that connects users with trained, background-verified workers for everyday tasks like sweeping, mopping, utensil cleaning, laundry and basic cooking. Using a hub-and-spoke, shift-based model, the startup stations workers at hyperlocal hubs, enabling sub-10-minute fulfilment and more predictable earnings compared to the informal domestic-help market. Founded in 2024 by Anjali Sardana and based in Delhi NCR, Pronto has already expanded from Gurugram into major cities such as New Delhi, Mumbai, Bengaluru and Pune, and is handling around 6,000 daily bookings with nearly 1,300 active professionals as of December 2025.​

The upcoming $25 million fundraise is expected to be used to enter more metros, deepen presence in existing neighbourhoods with additional hubs and upgrade Pronto’s technology for smarter routing, shift planning and real-time operations. A significant portion of the capital will also go into training, retention and benefits for its workforce to maintain consistent service quality at scale, especially as competition heats up from rivals like Snabbit and Urban Company in the rapid home services space. This near-$100 million valuation not only validates Pronto’s model but also highlights a broader shift toward organised, tech-driven domestic-help solutions in India’s largely informal home-services market.​

Continue Reading

Latest News

Bhavish Aggarwal Sells ₹325 Crore Ola Electric Stake, Retains Control

Published

on

Startup Stories

Bhavish Aggarwal has sold Ola Electric shares worth about ₹325 crore over three consecutive trading sessions, primarily to fully repay a promoter-level loan of ₹260 crore and release all pledged promoter shares. Despite the stake sale, he continues to hold a significant shareholding of over 34 percent in Ola Electric, and the company has clearly stated that there is no change in promoter control or his long-term commitment to the business. This one-time, limited monetisation at the promoter’s personal level is positioned as a structural clean-up rather than a signal of reduced confidence in the company.

The transactions, executed through open-market bulk deals, included an initial sale of about 2.6 crore shares worth roughly ₹92 crore at an average price of ₹34.99 per share, followed by additional trades of around ₹142 crore and ₹90 crore, taking the total sale value to approximately ₹324–325 crore. As a result, Aggarwal’s stake has fallen by a little over 2 percent, while all previously pledged promoter shares about 3.93 percent of Ola Electric’s equity are being released, removing the overhang and risk typically associated with pledged stock. The company has also clarified that these deals do not involve any capital raise or dilution by Ola Electric itself, which is important for investors tracking promoter stake and governance.

The share sale came at a time when Ola Electric’s stock had been under pressure, even hitting an all-time closing low amid concerns around growth, competition and heavy promoter selling. However, once the company confirmed that the stake sale was complete and all promoter-level pledges would be cleared, the stock rebounded sharply, gaining around 9–10 percent as markets welcomed the removal of this technical overhang. For investors, the focus is now expected to shift back to Ola Electric’s core fundamentals EV sales growth, margins, and market-share performance in India’s two-wheeler EV segment while the reduced promoter debt risk and continued high promoter holding offer some comfort on long-term alignment.

Continue Reading
Advertisement

Recent Posts

Advertisement