Jul 12, 2021 11:51 AM IST
Ola Electric, led by Bhavish Aggarwal, has raised $100 million in debt from Bank of Baroda for its electric vehicle manufacturing facility which will be used to make 10 million electric scooters a year
- Jul 08, 2021 09:35 AM IST
A part of the funds raised will be utilised towards new strategic initiatives, like global expansion starting with the Middle East.
- Jul 08, 2021 08:02 AM IST
Cozo Pets aimed to become the next big startup. Top multinational investors were jostling to pump money into the pet-care company. But things began to implode less than a year after inception. This is the wild story of a company that flattered to deceive.
- Jul 03, 2021 09:42 AM IST
With this round of fundraising, some early-stage angel investors have exited, while Mayfield and Nichirei Corp have exited partially, officials said. They added that rhe fund raise involves both primary issuance and also secondary sale.
- Jul 02, 2021 08:04 AM IST
Of these 80 stressed real estate projects that SBICAP Fund has accorded final approval to, 33 are from Delhi-NCR and will see the completion of around 28,000 homes.
- Jul 01, 2021 08:07 AM IST
Policybazaar is planning to file its draft documents to go public in July, a key step in a historic internet IPO. It is seeking a valuation of $4-5 billion, more than previously reported, and a result of investor excitement. The Yashish Dahiya-led insurance marketplace also got a brokerage licence recently, expanding its horizons.
- Jul 01, 2021 07:45 AM IST
World Bank President David Malpass said the global development bank had already provided more than $4 billion to 51 developing countries for the purchase and deployment of COVID-19 vaccines, and would add billions for 25 more countries soon.
- Jun 30, 2021 12:23 PM IST
At VC firms, all the attention is on the partners- they get awards, are subjects of profiles and scrutiny. But analysts, the junior-most investors at a VC firm do crucial work, often the same as partners. Little is known about them, their career prospects, challenges of working during the pandemic, and dealing with an unexpected boom. Moneycontrol explores
- Jun 29, 2021 07:57 AM IST
B2B marketplace Infra.Market, which was valued at a billion dollars in March is now raising funds at a valuation of $2.5 billion pre-money led by Tiger Global Management. The aggressive valuation is a result of its rapid growth at scale. It has also led preliminary conversations with PE giant TPG.
- Jun 28, 2021 07:32 AM IST
Pratilipi has raised debt from venture debt firm Alteria Capital
- Jun 25, 2021 06:13 PM IST
India is now an emerging unicorn hotspot with 16 startups entering the league this year.
- Jun 23, 2021 10:53 PM IST
Say a startup raises $200 million. Not all $200 million is immediately used, right? Where does it go? Does it even come all at once? Moneycontrol answers.
- Jun 23, 2021 10:05 AM IST
PayPal, Visa, and a few other investors will participate in the company’s strategic partnership programme.
- Jun 23, 2021 08:01 AM IST
Insurance startup BimaPe has raised funds from Lightspeed India- one of India's top VC firms
- Jun 21, 2021 01:18 PM IST
Progcap says it will deploy the money to enhance services and expand its presence across existing geographies. It will also use the funds to scale up the team, strengthen technology and diversify into new products.
- 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.