Dec 21, 2020 11:08 AM IST
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
- Dec 21, 2020 10:49 AM IST
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.
- Dec 19, 2020 11:01 AM IST
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
- Dec 17, 2020 02:53 PM IST
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.
- Dec 11, 2020 05:06 PM IST
Coronavirus, corporate governance and falling valuations, as companies face a host of issues, what are investors doing? We find out
- Dec 08, 2020 01:54 PM IST
The startup builds energy-efficient fans that can help consumers save more than Rs 1,500 per fan on their power bill annually.
- Dec 08, 2020 10:07 AM IST
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.
- Dec 06, 2020 09:48 AM IST
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
- Dec 03, 2020 01:38 PM IST
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.
- Dec 03, 2020 12:35 PM IST
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.
- Dec 02, 2020 01:04 PM IST
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
- Dec 01, 2020 06:41 PM IST
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.
- Dec 01, 2020 12:34 AM IST
Cred, formed in 2018, has raised $80 million at a valuation of $800 million.
- Nov 28, 2020 11:37 AM IST
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
- Nov 26, 2020 05:56 PM IST
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
- Nov 26, 2020 02:03 PM IST
The expense for the All India Post Matric Scholarship Scheme was originally borne jointly by states and the Centre
- Nov 25, 2020 06:15 PM IST
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
- Nov 25, 2020 03:42 PM IST
Shipsy wants to use the funds to expand across geographies, look for more market share and expand its operations.
- Nov 24, 2020 01:38 PM IST
With the funding, the ERPNext team intends to strengthen the open-source software program in India.
- Nov 19, 2020 01:48 PM IST
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
- Nov 17, 2020 04:31 PM IST
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.
- Nov 11, 2020 01:14 PM IST
The learning platform offers classes taught by celebrities in creative fields such as music, cricket and comedy.
- Nov 11, 2020 08:40 AM IST
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.
- Nov 10, 2020 07:25 AM IST
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.
- Nov 04, 2020 02:11 PM IST
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