Aug 02, 2021 08:00 AM IST
Former Myntra CEO Ananth Narayanan's newest venture Mensa Brands is in talks to raise money from Tiger Global, valuing the few-months-old upstart at over $400 million. Tiger partner Scott Shleifer is an angel investor in Mensa although Tiger itself has backed GOAT Brand Labs, a direct competitor to Mensa.
- Jul 31, 2021 11:49 AM IST
Customer engagement firm MoEngage has raised $32.5 million led by private equity firm Multiples, continuing dealmaking in the software startup space
- Jul 30, 2021 05:12 PM IST
India's newest VC fund, Together, wants to try something different. In a Twitter Spaces session, its founders -- Freshworks CEO Girish Mathrubootham, Eka Software's Manav Garg and former Matrix Partners investor Shubham Gupta -- talk about their vision.
- Jul 30, 2021 01:07 PM IST
Tan Su Shan, Group Head of Institutional Banking at DBS said the development provides an opportunity for the bank to “play an integral role in nurturing and financing the growth of Asia’s future unicorns”.
- Jul 30, 2021 07:54 AM IST
OYO already has Chinese ride-hailing giant Didi Chuxing, Southeast Asian ride-hailing firm Grab and US-based hospitality firm Airbnb as strategic investors.
- Jul 29, 2021 08:06 PM IST
Listed SMEs and startups will become globally competitive and offer a significant contribution to India's economic development and job creation, say experts.
- Jul 29, 2021 06:49 PM IST
“Unacademy Educators will be eligible for fully vested Stock Grants on completion of 3, 4 and 5 years with Unacademy,” co-founder and CEO Gaurav Munjal tweeted.
- Jul 29, 2021 06:36 PM IST
Crypto startup Vauld raised funds from a Peter Thiel co-founded firm, with the vision of becoming a bank for the crypto industry.
- Jul 29, 2021 10:12 AM IST
The development comes ahead of BharatPe’s plans with Centrum Group to take over the Punjab and Maharashtra Co-operative Bank
- Jul 28, 2021 02:27 PM IST
This investment will help JSW Cement accelerate its capacity expansion from current 14 MTPA to 25 MTPA as it explores an initial public offer in the next two years
- Jul 28, 2021 02:17 PM IST
Gupshup, which became a unicorn this year, has raised $240 million to grow and give its early employees and investors some liquidity
- Jul 28, 2021 12:11 PM IST
Freshworks founder Girish Mathrubootham, Eka Software founder Manav Garg and Shubham Gupta, a former investor with Matrix Partners have come together to start a VC fund to invest in SaaS startups exclusively
- Jul 27, 2021 11:07 AM IST
Social network ShareChat has been valued at close to $3 billion in its latest funding round
- Jul 26, 2021 08:05 PM IST
Online learning firm Byju's, India's most valuable startup, has acquired companies for $2 billion in the last six months alone. Foundeer Byju Raveendran and Mohan Lakhamraju, CEO of Great Learning talk about its latest acquisition, China's edtech crackdown and future plans
- Jul 26, 2021 12:58 PM IST
GOAT Brand Labs, co-founded by Flipkart's former fashion head, has raised $36 million to build a house of brands, along the lines of US-based breakout firm Thrasio
- Jul 26, 2021 12:45 PM IST
Byju's, India's most valuable internet startup continues its acquisition spree, buying Great Learning for $600 million.
- Jul 26, 2021 07:15 AM IST
Mamearth, one of India's hottest new-age consumer brands, was valued at $730 million in its latest funding round, more than double from less than a year ago.
- Jul 23, 2021 12:56 PM IST
Zomato was the first modern Indian tech startup to go public and was valued at over $10 billion on listing day, compared with $3.5 billion less than a year ago. Long-time board member Mohit Bhatnagar, managing director at Sequoia Capital India, talks about the opportunity he saw in 2013, how things changed and what makes Zomato unique.
- Jul 23, 2021 07:46 AM IST
Venture capital firms are closing deals faster as founders are flooded with competing funding offers. The breakneck speed makes deal-making riskier. How are VCs interpreting the boom? How do risk and the possibility of massive returns stack up against each other? Moneycontrol explores.
- Jul 21, 2021 04:37 PM IST
Epic is built on a collection of over 40,000 popular, high-quality books from 250 of the world’s best publishers.
- Jul 20, 2021 08:02 AM IST
Tiger Global's deal-making spree has shocked and surprised top VC firms and entrepreneurs alike. But the initial shock has given way to cold hard logic. Tiger's $1.4 billion in Indian startups this year is a record but how will its strategy of aggressive valuations for unproven companies pan out? The answer may not be what you expect.
- Jul 19, 2021 10:21 AM IST
Lenskart plans to use the capital and $95 million raised from KKR in May to make investments in its supply chain, new technologies and expand in Southeast Asia and the Middle East
- Jul 16, 2021 05:37 PM IST
The regulator told the Securities Appellate Tribunal that it had to step in before the EGM to protect the interests of minority shareholders
- Jul 16, 2021 01:09 PM IST
The company will use the capital to continue to expand and invest in various verticals across the value chain, the company said in a statement.
- Jul 13, 2021 07:04 PM IST
Regulator tells appellate tribunal that Companies Act empowers it to intervene in the deal, and the ICDR norms are meant to protect the interests of minority shareholders as well. If the article of association mentions independent valuation, why have they not undertaken independent valuation, SEBI asks.