May 10, 2021 03:18 PM IST
It recently attained a unicorn status after it raised $83 million in a Series D funding round last month.
- May 10, 2021 11:29 AM IST
BharatPe's last institutional round of funding happened in February which valued the company at $900 million.
- May 07, 2021 09:34 PM IST
Startup funding tapered this week after multi-million dollar rounds in the previous weeks
- May 07, 2021 06:58 PM IST
Many early-stage ventures and even small businesses are opting for revenue-based financing (RBF) instead of approaching venture funds or angel investors. Below is a primer on how it works
- May 07, 2021 11:11 AM IST
Zomato's investment in Grofers is expected to value the grocery firm at $1 billion.
- May 07, 2021 08:22 AM IST
Matrix Partners India is one of the country's largest venture capital firms, but its gains from startups have paled compared to peers. Now Matrix is looking to fix that by selling a stake in Ola, even as its other lucrative bets lead to a record $400 million new fund.
- May 06, 2021 05:38 PM IST
IndiaTech, an industry body, has recommended to the government that cryptocurrencies should be regulated, but have a strong future in India. Crypto can boost FDI significantly, enhance tax collections and become an investment option.
- May 06, 2021 03:21 PM IST
The company witnessed a 350% increase in the delivery of OTC medicines through Swiggy Genie in the last 15 days compared to the same period last month.
- May 06, 2021 03:03 PM IST
Since mid-February, packaged foods have witnessed a spike of up to 80%, frozen foods up to 500% and packaged milk and milk products 150%, according to a Grofers spokesperson; demand for preventive care supplies such as masks and sanitisers shoot up
- May 04, 2021 10:45 PM IST
WazirX CEO Nischal Shetty said that the outage lasted about an hour because its internal systems thought there was an attack, and hence shut down. It is back live now, however
- May 04, 2021 08:40 PM IST
The New York-based firm has taken part in 100 investment rounds in last three months, raising a total of $22.2 billion for private tech companies.
- May 04, 2021 05:51 PM IST
Zomato currently counts 74 stakeholders with at least 18 people having shares of more than 1 percent or more of the paid-up share capital of the company, with founder and chief executive officer Deepinder Goyal holding a 5.5 percent stake. The value of the equity held by him stands at Rs 2,734 crore.
- May 04, 2021 11:47 AM IST
The admission of a corporate insolvency case can have serious consequences for the company, impacting its goodwill, reputation, daily operations, and management. It also open the doors for various creditors to file claims against the firm
- May 03, 2021 07:02 PM IST
The company has also set up a pandemic support mechanism and an emergency support team to assist employees during this crisis.
- May 03, 2021 07:50 AM IST
Sandeep Singhal, one of India's first startup and venture capital investors, is leaving Nexus Venture Partners, the firm he co-founded and led from 2006 onwards. His exit comes even as Nexus is closing a record $500 million fund which will take its assets under management to $1.7 billion.
- April 28, 2021 05:04 PM IST
In this episode of Future Wise, Moneycontrol's M Saraswathy talks to Surya P, Co-founder & CEO, Skill-Lync to find out details about the specialised course that the edtech firm has launched on 'Crashworthiness'. Listen in for more.
- April 28, 2021 09:39 AM IST
Food delivery app Zomato has placed an IPO order with the Securities and Exchange Board of India.
- April 27, 2021 02:25 PM IST
The home services firm has been valued at $2 billion after it raised a $188-million round led by Prosus Ventures.
- April 27, 2021 07:34 AM IST
piVentures is looking to raise a second venture fund nearly thrice the size of its first fund to invest in AI and deep tech startups.
- April 26, 2021 01:29 PM IST
The Series A funding is expected to be closed by the third quarter of this year, and the capital raised will be utilised in setting up a manufacturing facility, among others, Simple Energy said on Monday.
- April 26, 2021 01:06 PM IST
Do you want to help India deal with the COVID-19 second wave, from home? This is what some of India's startups and investors are doing, and you can contribute too.
- April 26, 2021 12:15 PM IST
Investor interest in edtech startups continues, with LEAD School raising two rounds in less than a year.
- April 26, 2021 10:15 AM IST
A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), UC Investments and other long-term investors will co-invest along with Blackstone, a joint statement said.
- April 26, 2021 10:09 AM IST
Since its inception in 2015, upGrad has been 100 per cent owned, funded, and run by its co-founders as a capital-efficient business.
- April 23, 2021 10:33 AM IST
Deepinder Goyal-led company's internal review of the IPO and other processes was completed on Thursday.