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  • Pine Labs gets funding from Lone Pine Capital, attains valuation of $2 billion Dec 21, 2020 11:08 AM IST

    Pine Labs gets funding from Lone Pine Capital, attains valuation of $2 billion

    Pine Labs, one of the earlier merchant payment companies in India backed by Sequoia Capital is getting strategic investors on board like Temasek, PayPal, Mastercard and now has onboarded Lone Pine Capital. The company is aiming to expand its presence across India and South East Asia with these new funds and work on newer product lines to boost consumption

  • Choose your customers, don’t let them choose you, says Zenoti CEO Sudheer Koneru Dec 21, 2020 10:49 AM IST

    Choose your customers, don’t let them choose you, says Zenoti CEO Sudheer Koneru

    India's newest unicorn software startup Zenoti has built a billion-dollar business catering to spas and salons. CEO Sudheer Koneru tells us why he only works with big businesses, how the coronavirus pandemic has proved him right, his IPO plans and more.

  • Last week in startup funding: Saas continues to be hot, with fintech and consumer companies getting more VC money Dec 19, 2020 11:01 AM IST

    Last week in startup funding: Saas continues to be hot, with fintech and consumer companies getting more VC money

    With the year closing, many startups are preparing for a big leap in 2021, hoping to make up for lost growth this year. Big bang Series B rounds were reported in the days between Dec 11 and 17,2020

  • Meet the two 20-year-old Indian-origin AI startup founders who've turned investor darlings Dec 17, 2020 02:53 PM IST

    Meet the two 20-year-old Indian-origin AI startup founders who've turned investor darlings

    Rejected by about 1,000 investors after they founded Vise at 16, Samir Vasavada and Runik Mehrotra have lived to tell their tale— their AI-enabled investment management firm recently secured Series B funding of $45 million.

  • MC ExpertEye | Have startup troubles made investors more vigilant? Dec 11, 2020 05:06 PM IST

    MC ExpertEye | Have startup troubles made investors more vigilant?

    Coronavirus, corporate governance and falling valuations, as companies face a host of issues, what are investors doing? We find out

  • Atomberg Technologies gets Rs 70 crore in Series B round Dec 08, 2020 01:54 PM IST

    Atomberg Technologies gets Rs 70 crore in Series B round

    The startup builds energy-efficient fans that can help consumers save more than Rs 1,500 per fan on their power bill annually.

  • Exclusive | Warburg Pincus in talks to acquire stake in boAt Dec 08, 2020 10:07 AM IST

    Exclusive | Warburg Pincus in talks to acquire stake in boAt

    boAt has sourced parts from China, which it is trying to change by setting up local manfacturing. The China equation, however, is complicated, given 99% of the industry depends on that country and quality at scale is hard to find elsewhere.

  • Last week in startup funding | Cred raises $80 million, valuation gets closer to billion-dollar mark; Corestack, Happydemic, Signzy, edtech startup Kyt and others raise funds too Dec 06, 2020 09:48 AM IST

    Last week in startup funding | Cred raises $80 million, valuation gets closer to billion-dollar mark; Corestack, Happydemic, Signzy, edtech startup Kyt and others raise funds too

    Last week saw two important announcements, Cred and PhonePe. Along with them a handful of startups also raised seed and series A rounds, as VCs and strategic investors are looking to take a long term bet on the Indian digitisation story

  • Third Derivative invests in 50 startups, including 3 from India, to battle climate change Dec 03, 2020 01:38 PM IST

    Third Derivative invests in 50 startups, including 3 from India, to battle climate change

    Some of the problems D3’s entrepreneurs will look to address are rising surface temperature due to a growing demand for cooling in developing countries.

  • Healthcare startup funding could fall globally in Q4: Report Dec 03, 2020 12:35 PM IST

    Healthcare startup funding could fall globally in Q4: Report

    After two strong quarters, healthcare startups are expected to raise less money this quarter and also see fewer deals, a report by market intelligence platform CB Insights says.

  • Signzy gets $3million from Vertex Ventures Dec 02, 2020 01:04 PM IST

    Signzy gets $3million from Vertex Ventures

    This round takes the total amount raised by the company to more than $8.4million. It counts investors like Kalaari Capital, Mastercard and Stellaris Venture Partners as its backers

  • Big Story | Kunal Shah’s Cred another unicorn in the making? Dec 01, 2020 06:41 PM IST

    Big Story | Kunal Shah’s Cred another unicorn in the making?

    Cred, a credit card repayment app which has been in funding talks with various investors, has raised $80 million on a valuation of $800 million.

  • Kunal Shah's Cred valued $800 million with DST partners funding Dec 01, 2020 12:34 AM IST

    Kunal Shah's Cred valued $800 million with DST partners funding

    Cred, formed in 2018, has raised $80 million at a valuation of $800 million.

  • Last week in startup funding | Byju's gets another $200 million, valuation touches $12 billion; Cars24, Cashfree, and others too raise funds Nov 28, 2020 11:37 AM IST

    Last week in startup funding | Byju's gets another $200 million, valuation touches $12 billion; Cars24, Cashfree, and others too raise funds

    Last week was abuzz with a lot of funding activity. From logistics to digital payments to edtech, many large sectors saw sizeable funding rounds. Moneycontrol looks at last week's funding rounds, armed with data from business intelligence platform Tracxn

  • Low interest rates to continue for the next 6-12 months: Keki Mistry Nov 26, 2020 05:56 PM IST

    Low interest rates to continue for the next 6-12 months: Keki Mistry

    Keki Mistry, Vice Chairman and CEO, HDFC Ltd, says benign interest rate regime will continue going forward and that rates will go up only after economic activity gathers more pace and inflation pressure rises

  • Centre cuts scholarship funding for 60 lakh SC students Nov 26, 2020 02:03 PM IST

    Centre cuts scholarship funding for 60 lakh SC students

    The expense for the All India Post Matric Scholarship Scheme was originally borne jointly by states and the Centre

  • Credgenics gets Rs 27 crore from Accel Partners, DMI Alternatives, Titan Capital and a host of angel investors Nov 25, 2020 06:15 PM IST

    Credgenics gets Rs 27 crore from Accel Partners, DMI Alternatives, Titan Capital and a host of angel investors

    Given the country is sitting on a massive pile up of bad loans, Credgenics is looking to automate and digitise the loan recovery process, it works with banks and NBFCs to help resolve its outstanding debts amicably and speed up resolutions

  • Shipsy gets $6 million from Sequoia Surge, Info Edge Nov 25, 2020 03:42 PM IST

    Shipsy gets $6 million from Sequoia Surge, Info Edge

    Shipsy wants to use the funds to expand across geographies, look for more market share and expand its operations.

  • Zerodha's Rainmatter invests Rs 10 crore in open-source project ERPNext Nov 24, 2020 01:38 PM IST

    Zerodha's Rainmatter invests Rs 10 crore in open-source project ERPNext

    With the funding, the ERPNext team intends to strengthen the open-source software program in India.

  • Nira gets an additional million dollars from existing investors Nov 19, 2020 01:48 PM IST

    Nira gets an additional million dollars from existing investors

    Founded by ex-Goldman Sachs top executives, Nira lends to consumers from weaker financial backgrounds and extends a credit line to them through their mobile app

  • Insurtech platform Turtlemint raises $30 million in funding led by GGV Capital Nov 17, 2020 04:31 PM IST

    Insurtech platform Turtlemint raises $30 million in funding led by GGV Capital

    New investors American Family Ventures, MassMutual Ventures and SIG, along with existing investors Sequoia Capital India, Blume Ventures, Nexus Venture Partners, Dream Incubator and Trifecta Capital participated in the round.

  • FrontRow raises $3.2 million from Deepika Padukone, Lightspeed Venture Partners and Elevation Capital Nov 11, 2020 01:14 PM IST

    FrontRow raises $3.2 million from Deepika Padukone, Lightspeed Venture Partners and Elevation Capital

    The learning platform offers classes taught by celebrities in creative fields such as music, cricket and comedy.

  • Exclusive: PE fund Kedaara eyes record $1 billion third fund Nov 11, 2020 08:40 AM IST

    Exclusive: PE fund Kedaara eyes record $1 billion third fund

    If it does raise a billion dollars for the third fund, it will be the largest so far by a homegrown PE brand. Multiples PE, founded by Renuka Ramnath, is currently raising a $900 million fund, while ChrysCapital raised an $850 million fund- its eighth, in early 2019.

  • BitClass raises $2 million in seed funding led by Venture Highway Nov 10, 2020 07:25 AM IST

    BitClass raises $2 million in seed funding led by Venture Highway

    BitClass offers a platform to conduct independent classes online for teachers. This seed- funding round also saw participation from AET Japan, Figure Eight Investments, and Waterbridge Ventures.

  • Small-town startups | How Karma Healthcare’s founder went from Goldman Sachs to serving village patients from Udaipur Nov 04, 2020 02:11 PM IST

    Small-town startups | How Karma Healthcare’s founder went from Goldman Sachs to serving village patients from Udaipur

    Jagdeep Gambhir operates away from the hype and noise, but he is sharply focussed on the challenge of providing healthcare to people in the hinterland. Karma Healthcare is his vehicle to achieve that objective

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