Zerodha & Groww Lose Users, Ola Hits All-Time Low, and Uber’s Eco-friendly Dreams

Markets tumble, even giants like Zerodha and Groww are losing users, while Ola Electric hits a fresh all-time low, struggling to keep momentum. Meanwhile, Zepto scores a win in a trademark battle, keeping its name safe in the quick-commerce race. And amidst all the chaos, Uber is quietly driving into a greener future, partnering with Refex Green Mobility to roll out 1,000 EVs by 2026.

Grab your simmering cup of StartupChai.in and unwind with our hand-brewed memes.

“Agni Shwet Rakt Se Lath Path, Agneepath: Zerodha, Groww See Erosion In User Base Amid Bloodbath On D-Street

It's been a rough February on Dalal Street, and even big names like Zerodha and Groww couldn’t escape the storm.

Groww’s active user base took a sharp 30% hit, sliding from 1.32 crore in January to 95.38 lakh, while overall brokerage activity shrank by nearly a fifth. Interestingly, Paytm Money bucked the trend, quietly growing its user base when most others were bleeding.

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“Gham Ki Shaam Mein Dube Hai Sanam”: Ola Electric Hits Fresh All-Time Low At INR 50.81

Ola Electric is having a tough ride — its shares hit a fresh all-time low of INR 50.81, slipping over 5% in Tuesday's session.

Even by midday, the stock was still down more than 4%, struggling to stay above INR 51. With market cap now at INR 22,693 Cr, the once high-flying EV giant seems to be running low on charge.

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“Badhai Ho Badhai”: Trademark Dispute As Delhi HC Rules In Favour Of Zepto Parent

Zepto just scored a legal win in a trademark tussle — the Delhi High Court has asked another entity to drop the "ZEPTO" name used for electronic product marketing.

This clears the path for Kiranakart Technologies, Zepto’s parent, to safeguard its brand in the crowded quick-commerce space. For now, Zepto can breathe easy as its name stays uniquely theirs.

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“O Eco-friendly, Nature Ke Rakshak”: Uber ties up with Refex Green Mobility to deploy 1,000 EVs by 2026

Uber is plugging into India’s green future with a new tie-up with Refex Green Mobility to roll out 1,000 EVs by 2026.

The move is part of Uber’s bigger goal to go fully emission-free by 2040, pushing more clean rides onto city roads. So, next time you hail an Uber, you might just hop into a ride that’s kinder to the planet.

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1. AI-driven admissions startup Ambitio has secured $2 Mn in seed funding led by BLinC Invest. With this fresh capital, Ambitio aims to sharpen its AI platform and help more students navigate the complex admissions maze.
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2. Dreamtime Learning has secured Pre-Series A funding from Gruhas to grow its micro school network. The edtech startup also aims to scale its global online school, already reaching students in 40+ countries.
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3. Industrial IoT startup Infinite Uptime has raised $35 Mn in Series C funding led by Avataar Ventures to fuel its US expansion. The deeptech player also saw backing from big names like Tiger Global, StepStone, and LGVP.
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4. Gaming startup Felicity has raised $3 Mn in seed funding led by 3one4 Capital to scale its publishing infrastructure. The homegrown mobile game publisher also drew support from investors like T-Accelerate, MIXI Global, and Visceral Capital.
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5. Backpacker hostel startup goSTOPS has raised $4.2 Mn in a fresh round led by Blume Ventures to fuel its expansion. With plans to hit net EBITDA positivity in FY25, the startup also saw backing from 1Crowd, Mumbai Angels, and others.
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6. Nazara-backed Rusk Media is set to raise INR 74.1 Cr in a Series B round led by Woori Venture Partners. The Delhi NCR-based digital entertainment startup will use the funds to drive growth and bolster working capital.
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