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  • Exclusive | Mindtickle eyes unicorn tag, $1.1 billion valuation in SoftBank-led round Jun 16, 2021 04:17 PM IST

    Exclusive | Mindtickle eyes unicorn tag, $1.1 billion valuation in SoftBank-led round

    SoftBank, the Japanese investment giant is continuing its dealmaking spree. Its latest is a $100 million top up in software firm Mindtickle, valuing it at a billion dollars. The deal will Mindtickle India's latest unicorn- the newest member in a record-breaking year for unicorns.

  • FamPay raises $38 million in Series A round from Elevation Capital, Sequoia, others Jun 16, 2021 11:33 AM IST

    FamPay raises $38 million in Series A round from Elevation Capital, Sequoia, others

    Other early investors, Venture Highway, Y Combinator, Global Founders Capital and new Global Investors like General Catalyst, Rocketship VC, and Greenoaks Capital also participated in the Series A round, a statement said.

  • Exclusive | VC firm Stellaris plans to close second fund at $220 million Jun 16, 2021 08:01 AM IST

    Exclusive | VC firm Stellaris plans to close second fund at $220 million

    VC firm Stellaris is closing its second venture fund at $220 million, higher than originally planned, and signaling the startup funding boom underway in India. Stellaris' key investments include software firm Whatfix and consumer brand Mamaearth, where its stakes are worth over $150 million.

  • Exclusive| Indian Railway Finance Corp raises Rs 1,994 crore in June through 20-yr bonds Jun 14, 2021 02:39 PM IST

    Exclusive| Indian Railway Finance Corp raises Rs 1,994 crore in June through 20-yr bonds

    The company's bonds have been in high demand following the central government's decision to boost spending on infrastructure projects to lead the country’s post-pandemic economic recovery. The finance arm of the Indian Railways plans to raise over Rs 1 lakh crore in fiscal year 2022.

  • $300 million, 10 startups and a dream: Decoding the secretive Thrasio-model by Indian startups  Jun 11, 2021 08:19 AM IST

    $300 million, 10 startups and a dream: Decoding the secretive Thrasio-model by Indian startups 

    Nearly a dozen startups in India have the same thesis right now -- building a house of online brands, led by the success of US-based breakout unicorn Thrasio. Three-year-old thrasio had $500 million revenue and $100 million in profit last year. Now Indian investors are investing nearly $300 million in the first funding rounds of Thrasio's India equivalents -- many of whom are avoiding the spotlight, not even disclosing their company names to anyone except employees and investors. Moneycontrol decodes the stakes involved, challenges, opportunities and what's next for them.

  • Software startup Slintel raises $20 million led by GGV Capital Jun 10, 2021 08:34 PM IST

    Software startup Slintel raises $20 million led by GGV Capital

    Founded by Deepak Anchala, Slintel helps companies make their sales and marketing efforts more efficient by helping analyse data which indicates who is more likely to be a customer.

  • SoftBank invests in SaaS firm Whatfix, valuation jumps 4 times to $600m Jun 08, 2021 07:33 PM IST

    SoftBank invests in SaaS firm Whatfix, valuation jumps 4 times to $600m

    Japanese investment giant SoftBank has deployed over a billion dollars in India in just a few months, its latest investment being in software firm Whatfix

  • COVID-19 Vaccines Update: India-Japan discuss ‘concrete steps’ for Quad initiative: Report Jun 08, 2021 01:29 PM IST

    COVID-19 Vaccines Update: India-Japan discuss ‘concrete steps’ for Quad initiative: Report

    Issues such as possible Quad mechanism for emergency vaccine supply in crisis situations and sources of finance for procurement and distribution were discussed in the meets

  • Do you too struggle with maths or hate it? This startup wants to fix that Jun 07, 2021 07:10 AM IST

    Do you too struggle with maths or hate it? This startup wants to fix that

    School kids struggling with maths is a global problem. Some memorise without understanding, some never understand the concepts, and some are just not interested. Now online education startup Cuemath wants to fix this issue from the ground up. Will it work? Founder and CEO Manan Khurma speaks to Moneycontrol about the oppourtnity, growth and more.

  • Inequity in tech hiring: The big pay-cheque culture could soon put Indian startups in a tight spot Jun 06, 2021 12:50 PM IST

    Inequity in tech hiring: The big pay-cheque culture could soon put Indian startups in a tight spot

    India is witnessing a startup funding boom and many firms are flushed with money but booms and busts usually happen in a cycle. A startup founder explains why standard sustainable hiring practices are imperative to ride through ups and downs in a stable manner.

  • Artha Venture Fund closes debut micro VC fund at Rs 220 crore Jun 04, 2021 08:45 AM IST

    Artha Venture Fund closes debut micro VC fund at Rs 220 crore

    Artha Venture Fund has closed its debut venture capital fund at Rs 220 crore, indicating rising interest in funding early stage startups. Artha is run by well-known angel investor Anirudh Damani

  • Exclusive: OfBusiness eyes unicorn club with SoftBank funding at $1.5b valuation Jun 02, 2021 07:43 PM IST

    Exclusive: OfBusiness eyes unicorn club with SoftBank funding at $1.5b valuation

    Japanese investment giant SoftBank has committed a billion dollars to Indian startups in a quarter. Moneycontrol can exclusively reveal that it is in advanced discussions to back lending B2B commerce firm OfBusiness, giving it the coveted unicorn tag- of startups valued at over a billion dollars

  • Becoming unicorn doesn’t mean much, want to grow 200-300 times from here: Urban Company CEO Abhiraj Bhal Jun 02, 2021 11:01 AM IST

    Becoming unicorn doesn’t mean much, want to grow 200-300 times from here: Urban Company CEO Abhiraj Bhal

    Home services startup Urban Company CEO Abhiraj Bhal in an interview with Moneycontrol talks about why people ordering from home is a permanent shift, not just a pandemic-induced one, vaccinating delivery partners, dealing with the pandemic and more.

  • Startups pay record salaries to all talent amid funding boom Jun 02, 2021 08:08 AM IST

    Startups pay record salaries to all talent amid funding boom

    Coders have long been the darlings of Indian technology startups, earning record sums, but the current funding boom has led to an all-round explosion in salaries across levels and across functions. But companies are also facing unique challenges in keeping employees happy and not letting money rot company culture. And will these pay hikes look sustainable later on?

  • Jai Kisan raises $30 million in funding by Mirae Asset May 31, 2021 03:08 PM IST

    Jai Kisan raises $30 million in funding by Mirae Asset

    Jai Kisan has also launched Bharat Khata, a digital ledger and smart business solution for rural business to manage their business anytime anywhere.

  • Billion-dollar valuation on $10 million revenue: Decoding SoftBank’s unique bet on Zeta May 25, 2021 03:05 PM IST

    Billion-dollar valuation on $10 million revenue: Decoding SoftBank’s unique bet on Zeta

    SoftBank has invested $250 million in banking software firm Zeta, valuing it at $1.45 billion. Zeta has generated $10 million revenue so far, that too mostly from one client. So what justifies this valuation? Moneycontrol explores the factors at play, Zeta's potential, and SoftBank's strategy.

  • Moglix latest to join growing unicorn list with $120 million from Falcon Edge May 17, 2021 11:02 AM IST

    Moglix latest to join growing unicorn list with $120 million from Falcon Edge

    Moglix is India's 13th internet startup to be valued at a billion dollars or more this year. India created 11 unicorns in all of 2020.

  • Pine Labs raises fresh funds at $3 billion valuation May 17, 2021 10:41 AM IST

    Pine Labs raises fresh funds at $3 billion valuation

    Pine Labs claims to be serving more than 150,000 merchants across Asia and the Middle East.

  • KKR to invest $95 million in Lenskart as existing investors divest portions of holding May 17, 2021 09:53 AM IST

    KKR to invest $95 million in Lenskart as existing investors divest portions of holding

    KKR will make the investment in Lenskart through its Asian private equity fund.

  • Fintech startups raised record $22.8 billion in Q1 2021: Report May 11, 2021 11:22 AM IST

    Fintech startups raised record $22.8 billion in Q1 2021: Report

    Fintechs globally raised more than double the previous quarter, indicating the soaring demand for digital financial services during the pandemic, as more people stay at home. Robinhood, Stripe and many more touched record valuations and user numbers.

  • This week in start-up funding: startups witness Seed and Series A deals  May 07, 2021 09:34 PM IST

    This week in start-up funding: startups witness Seed and Series A deals 

    Startup funding tapered this week after multi-million dollar rounds in the previous weeks

  • Explained | What is revenue-based financing and why it is becoming popular May 07, 2021 06:58 PM IST

    Explained | What is revenue-based financing and why it is becoming popular

    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

  • Exclusive: Ola investor Matrix eyes $75m cash gain in secondary sale, $400m new fund May 07, 2021 08:22 AM IST

    Exclusive: Ola investor Matrix eyes $75m cash gain in secondary sale, $400m new fund

    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.

  • piVentures looks to raise second fund of up to Rs 750 crore Apr 27, 2021 07:34 AM IST

    piVentures looks to raise second fund of up to Rs 750 crore

    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.

  • LEAD School raises $30 million from GSV Ventures, Westbridge Apr 26, 2021 12:15 PM IST

    LEAD School raises $30 million from GSV Ventures, Westbridge

    Investor interest in edtech startups continues, with LEAD School raising two rounds in less than a year.

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