BUSINESS
Budget 2022: Government to form expert panel for PE/VC investments amid funding boom
So far Indian companies can list abroad only via depository receipts, a less liquid proxy for shares which are less attractive for investors.
BUSINESS
Economic Survey 2022: Delhi replaces Bengaluru as startup capital
Mahastrashtra has more registered startups than any other state in the country
BUSINESS
Exclusive | BharatPe founder Ashneer Grover’s wife also goes on leave amid governance probe
While Grover took a leave of absence till March-end amid backlash regarding his abusive language to a Kotak employee, toxic culture at BharatPe, and brash behaviour, his wife also going on leave signifies larger issues around governance at BharatPe, sources said.
BUSINESS
Exclusive: Amazon in talks to back Trell at $1 billion valuation
Trell’s monthly active users stand at 68 million, doubling year-on-year, while its commerce platform does 800,000 orders a month, burning about Rs 15 crore a month
BUSINESS
As tech stocks fall, investors wonder if the party is over
Indian technology stocks have followed their US peers, where shares of companies such as Robinhood, Lyft and Peloton have fallen sharply. Peloton, whose fitness bikes and treadmills became a pandemic favourite, has fallen over 80 percent.
BUSINESS
Pine Labs CEO Amrish Rau, Jupiter founder Jitendra Gupta pair up to raise Rs 300 crore venture capital fund
Gupta and Rau have been among India’s most active angel investors, with over 100 companies backed between them. Their portfolio includes fintech CRED, gaming firm MPL, craft beer maker Bira, neobank Open and digital ledger Khatabook.
BUSINESS
SaaS startup Darwinbox becomes fourth unicorn of 2022, eyes market leadership, IPO
Darwinbox is India's only SaaS unicorn whose bulk of the revenue comes from Indian customers.
BUSINESS
What makes Sanjeev Bikhchandani interested in books on 1971 Indo-Pak War?
One of India's best known tech entrepreneurs and investors is spending his time on a subject rather far away from tech
BUSINESS
The rise, fall and resurrection of a startup: How Exotel persevered through a tumultuous decade
How did a startup that raised virutally no money beat a Sequoia-backed rival? Why did no investor fund a profitable, growing company for 8 years? And when they finally did, what changed? Here's a unique startup story.
BUSINESS
Behind the scenes - Why BharatPe’s board decided Ashneer Grover had to take leave of absence and what it really means
While BharatPe’s troubling work culture has been spoken about for the last two years, Grover is stepping down led by the furore over his words to a Kotak Mahindra employee for not getting allocation to Nykaa’s IPO.
BUSINESS
I have zero doubt that Paytm is going to be very very valuable: Early investor
Mukul Arora, who was recently elevated to co-managing partner at venture firm Elevation Capital, still believes Paytm founder and chief executive Vijay Shekhar Sharma is the right man to lead the startup despite investor doubts over the company’s business model which looks increasingly less unique as rivals crop up.
BUSINESS
India’s startup and tech market has finally hit product market fit: Elevation Capital’s Mukul Arora
Arora, one of India's most influential internet investors, talks about new investing trends, the next big thing for startups, and why he is still betting on Vijay Shekhar Sharma
BUSINESS
Edtech startup LEAD becomes third unicorn this year after raising $100 mn from existing investors
LEAD has also become India's sixth online education unicorn after Byju's, Vedantu, Unacademy, Eruditus and UpGrad.
BUSINESS
Foundation PE acquires investors’ stakes in Prime Venture Partners' first fund
Prime Venture Partners said that its investors got four times the returns through the exit
BUSINESS
Exclusive: SaaS startups struggle with high attrition due to WFH, funding boom
Working from home means many employees face productivity issues and often feel isolated or disconnected from an organisation, making them prone to poaching. Sometimes, it takes an office party or offsite to motivate them.
BUSINESS
Byju's, Unacademy, Vedantu, others want to regulate themselves
This development comes amid growing concerns of misselling and alleged unfair practices by edtech firms in India and the likelihood of the government cracking down on the sector.
BUSINESS
Elevation Capital promotes Mukul Arora to co-head the VC firm
Delhi-based Arora will lead the firm along with US-based founder Ravi Adusumalli
BUSINESS
From unicorn founder, banking license to toxic culture and legal notices: Ashneer Grover and BharatPe's rollercoaster journey
Why did Grover send a legal notice to Kotak Mahindra Bank? When did BharatPe's issues really start? Moneycontrol sums up all that has happened
BUSINESS
Want to build an independent business and list in 3 years: Dunzo CEO Kabeer Biswas
Biswas believes free but slower deliveries will be the endpoint for quick commerce in India.
BUSINESS
Reliance Retail leads $240 million round in Dunzo amid rapid delivery frenzy
The retail arm of Reliance Industries has acquired a 25.8 percent stake in Bengaluru-based Dunzo, valuing the company at about $800 million.
BUSINESS
Avendus co-founder Ranu Vohra on his favorite books, why business books are overrated, and why the metaverse is not new
Of the 250-300 deals that Avendus has worked on, Vohra says the tale of one Indian company, which was listed on the NYSE, will make for a riveting book. Read on to find out which one.
BUSINESS
Venture capital firm India Quotient invests in former partner’s hair care startup Zemé Fresh along with others
Zemé is among a slew of new age brands looking to resolve hair fall issues, along with startups such as Mamaearth, Mosaic Wellness, and Traya Health
BUSINESS
Your guide to India’s startup unicorns of 2021
2021 produced 43 Indian unicorns, valued at over a billion dollars. Do you remember which companies made the cut? Worry not, we have got you covered
TRENDS
These are the books India’s startup founders and investors enjoyed most in 2021
From Zerodha's Nithin Kamath to Sequoia's GV Ravishankar, here are their top picks for books. Plus, a surprise waits at the end
