Apr 19, 2021 07:18 AM IST
Razorpay will use the funding to take its digital payments offering to South East Asia, make acquisitions and build out its neo-banking platform.
- Apr 16, 2021 08:14 PM IST
Startup funding in India has been on a tear in 2021. The first hundred days of the year have already produced ten unicorns, firms valued at over a billion dollars or more, compared to 11 in all of 2020. Four consecutive days between April 5 and 8 birthed six unicorns. What's driving the surge? Catch Rajan Anandan, Managing Director, Sequoia India & Surge, Radhika Gupta, MD & CEO, Edelweiss AMC, Nithin Kamath, Founder & CEO, Zerodha and Vidit Aatrey, Founder & CEO, Meesho, discuss this subject and more in the 5th episode of Moneycontrol Masterclass.
- Apr 16, 2021 09:21 AM IST
Lead investor Riso Capital’s founder and partner Sri Purisai said they were excited about Spintly as it offered enterprise grade Access Control as a Service (ACaaS) stack to a growing building automation market.
- Apr 13, 2021 03:55 PM IST
Fave’s investors will receive an all-cash payout, while founders and key Fave employees will receive both cash and Pine Labs shares.
- Apr 12, 2021 03:19 PM IST
With these six startups, India's unicorn club now has 10 members in just four months.
- Apr 09, 2021 08:17 PM IST
For the longest time, startup IPOs in India have been a mirage. Companies have spoken about them as a distant goal but no real desire to go public was seen.
- Apr 09, 2021 07:36 PM IST
Ten Indian startups have become billion-dollar valued companies or unicorns in the first four months of 2021. Of this, six turned unicorns this week on consecutive days.
- Apr 08, 2021 10:59 AM IST
ShareChat gained early traction and saw investors including Lightspeed, Elevation Capital (SAIF Partners), Shunwei Capital and Xiaomi invest.
- Apr 08, 2021 09:31 AM IST
Earlier in March, Policybazaar raised $75 million in funding led by US-based Falcon Edge Capital.
- Apr 07, 2021 01:56 PM IST
Popularly known as the voice of Indian cricket, Harsha Bhogle has of late stepped into the shoes of an angel investor for startups. He made two investments in the last couple of years. While one of these is in the home turf, the other is in a complete alien land -- Fantasy Akhada and Chqbook. In an interaction with Priyanka Sahay, special correspondent of Moneycontrol, Bhogle talks about what motivated him to invest in these startups and what are the parallels he draws between a cricketer and an entrepreneur. He also talks about how he can always go back to his college friends that include top entrepreneurs VS Sudhakar of BigBasket and Falguni Nayar of Nykaa whenever he has to make any startup-related decision. Watch this video to know more.
- Apr 06, 2021 03:00 PM IST
The company, which bought back employee stock options worth $1.2 million during its Series C round of funding, has announced an ESOP buyback worth $5 million with the current round.
- Apr 06, 2021 09:21 AM IST
Founded in 2016 by Vivek Goyal and Dinesh Advani, PlayShifu makes educational toys powered by Augmented Reality.
- Apr 05, 2021 05:28 PM IST
Ixigo aims to raise up to Rs 1,800 crore. Rival Easemytrip’s Rs 510-crore IPO was launched on March 19, 2021 and got listed at Rs 212.25 on the NSE, a 13.5 per cent premium to its issue price of Rs 187.
- Apr 05, 2021 05:16 PM IST
Food delivery app Swiggy has raised $800 million from global alternative asset manager Falcon Edge Capital, Singapore-based fund management firm Amansa Capital and US-based private investment firm, Think Capital in a new round that values it at $5 billion.
- Apr 05, 2021 04:26 PM IST
The startup has 15 active battery swapping stations which it plans to expand to 650 across Delhi-NCR and five more cities by December 2021
- Apr 05, 2021 03:58 PM IST
The PSU has even opened a fresh round for solicitation of investment proposals from the startups which operate in natural gas, petrochemicals, energy, project management, bio-manure marketing, nano materials, IoT, data mining, environment, health and social.
- Apr 05, 2021 10:42 AM IST
Meesho, the Bengaluru-based social commerce startup, helps small businesses and individuals become sellers on social platforms such as WhatsApp, Facebook and Instagram.
- Apr 02, 2021 04:52 PM IST
In just one week, Indian startups have raised a billion dollars. We look at some the largest deals of the week and who invested.
- Mar 31, 2021 02:51 PM IST
The decision National Payments Corp of India (NPCI), India’s flagship payments processor. to check UPI’s growth by introducing a new rule that restricts TPAP (Third Party Application Providers) from going beyond 30% market share is bad for customers and payment apps.
- Mar 31, 2021 09:53 AM IST
Vishal Gondal has been asked to appear before the station house officer of Sarai Khwaja Police Station on April 5.
- Mar 26, 2021 04:25 PM IST
A big week for startup funding with over $700 million raised this week alone across sectors. More so, secondary transactions picked up momentum too.
- Mar 25, 2021 07:13 PM IST
The market regulator has also allowed AIFs to simultaneously invest in units of other AIFs and directly in the securities of investee companies subject to certain conditions.
- Mar 25, 2021 06:22 PM IST
The revised norms will also provide early-stage startup investors an easier route to exit.
- Mar 25, 2021 03:39 PM IST
Yashish Dahiya, co-founder and Group CEO of Policybazaar, talks about the company's origins, why he is different and why he was dead sure it would succeed.
- Mar 24, 2021 01:28 PM IST
How did Xiaomi grow from a little-known software company in Beijing to one of the youngest enterprises to enter the hallowed Fortune 500 list. Our columnist’s book, released for preorders, captures that journey.