Jun 16, 2021 04:17 PM IST
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.
- Jun 16, 2021 11:33 AM IST
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.
- Jun 16, 2021 08:01 AM IST
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.
- Jun 14, 2021 02:39 PM IST
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.
- Jun 11, 2021 08:19 AM IST
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.
- Jun 10, 2021 08:34 PM IST
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.
- Jun 08, 2021 07:33 PM IST
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
- Jun 08, 2021 01:29 PM IST
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
- Jun 07, 2021 07:10 AM IST
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.
- Jun 06, 2021 12:50 PM IST
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.
- Jun 04, 2021 08:45 AM IST
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
- Jun 02, 2021 07:43 PM IST
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
- Jun 02, 2021 11:01 AM IST
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.
- Jun 02, 2021 08:08 AM IST
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?
- May 31, 2021 03:08 PM IST
Jai Kisan has also launched Bharat Khata, a digital ledger and smart business solution for rural business to manage their business anytime anywhere.
- May 25, 2021 03:05 PM IST
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.
- May 17, 2021 11:02 AM IST
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.
- May 17, 2021 10:41 AM IST
Pine Labs claims to be serving more than 150,000 merchants across Asia and the Middle East.
- May 17, 2021 09:53 AM IST
KKR will make the investment in Lenskart through its Asian private equity fund.
- May 11, 2021 11:22 AM IST
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.
- 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 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.
- Apr 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.
- Apr 26, 2021 12:15 PM IST
Investor interest in edtech startups continues, with LEAD School raising two rounds in less than a year.