Jan 05, 2021 03:15 PM IST
The first tranche of $100 million equity is targeted by March 2021
- Jan 05, 2021 03:15 PM IST
Investors in Endiya’s current fund include the International Finance Corporation and the Nippon India Digital Innovation fund- an India-Japan initiative. Nippon is one of Japan’s largest life insurance players.
- Dec 31, 2020 01:17 PM IST
Shiprocket works with courier companies and connects merchants, consumers and supply-chain partners across India and around the world
- Dec 30, 2020 03:37 PM IST
As larger edtech unicorns grab the headlines, Moneycontrol looks at some of the interesting younger online learning startups.
- Dec 29, 2020 01:52 PM IST
Milner, along with other top VCs, is in talks to invest in gold loans startup Rupeek, nearly doubling its valuation in less than a year. Its current backers include Sequoia, Accel and Binny Bansal.
- Dec 23, 2020 03:15 PM IST
Byju's Classes rode the edtech wave and raked in close to a billion dollars from top VCs globally. Interestingly, Zomato has managed to raise $660 million even in the middle of a pandemic, data from Venture Intelligence shows.
- Dec 22, 2020 12:02 PM IST
Crypto-trading platform CoinDCX is set to expand its product suite and hire top level talent with the newly raised funds. It will invest in creating its own trading app CoinDCX Go looking to onboard regular traders into the crypto trading business.
- 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
- 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