Jun 16, 2021 01:06 PM IST
How many high-powered business executives hate reading business books? Here's one. In a candid Clubhouse conversation, Infra.Market CEO Souvik Sengupta talks about pleasurable reading, the joy of PG Wodehouse, and how his investors give him subtle hints on where he lacks as an entrepreneur
- Jun 09, 2021 08:00 AM IST
The used car-selling platform is aware of the many problems it entails -- whether customers would buy something for Rs 4-5 lakh without even touching it or whether they would insist on seeing and test-driving many models. Cars24 founder and CEO Vikram Chopra has the answers to these questions and more.
- Jun 02, 2021 07:43 PM IST
Japanese investment giant SoftBank has committed a billion dollars to Indian startups in a quarter. Moneycontrol can exclusively reveal that it is in advanced discussions to back lending B2B commerce firm OfBusiness, giving it the coveted unicorn tag- of startups valued at over a billion dollars
- Jun 02, 2021 11:01 AM IST
Home services startup Urban Company CEO Abhiraj Bhal in an interview with Moneycontrol talks about why people ordering from home is a permanent shift, not just a pandemic-induced one, vaccinating delivery partners, dealing with the pandemic and more.
- May 31, 2021 09:59 AM IST
Nithin clarified this is an enabling resolution that allows them as working promoters to draw salaries up to 100 crores in case of liquidity requirements.
- May 28, 2021 08:13 AM IST
Online learning firm Eruditus, turbocharged by the pandemic, could become India's second most valuable edtech startup. It is seeking a valuation of $2.5 billion, tripling from $800 million in October 2020
- May 25, 2021 08:47 PM IST
Zeta wants to reimagine the core banking stack for traditional banks- which currently use older solutions like Finacle and Flexcube from IT frms and wants to provide banks and fintechs with a mobile.
- May 25, 2021 03:05 PM IST
SoftBank has invested $250 million in banking software firm Zeta, valuing it at $1.45 billion. Zeta has generated $10 million revenue so far, that too mostly from one client. So what justifies this valuation? Moneycontrol explores the factors at play, Zeta's potential, and SoftBank's strategy.
- May 17, 2021 11:02 AM IST
Moglix is India's 13th internet startup to be valued at a billion dollars or more this year. India created 11 unicorns in all of 2020.
- Apr 27, 2021 02:25 PM IST
The home services firm has been valued at $2 billion after it raised a $188-million round led by Prosus Ventures.
- Apr 23, 2021 09:36 AM IST
The researchers said the black hole is roughly three times the mass of our sun, testing the lower limits of size for these extraordinarily dense objects that possess gravitational pulls so strong not even light can escape.
- Apr 12, 2021 07:25 PM IST
The net booking value of all transactions through the Urban Company platform grew 138 percent from Rs 385 crore in FY19 to Rs 918 crore in FY20.
- 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 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 03:31 PM IST
The company is also eyeing public listing. “As a company we want to be ready within the year, maybe later this year. But the actual listing depends on external factors that are not in our control,” co-founder and CEO Beerud Sheth said. Gupshup will focus on building the right organisation, with a business model that is predictable and profitable.
- Apr 05, 2021 02:41 PM IST
The social commerce firm wants to focus only on India- a change in strategy- and enable 100 million small businesses to come online. The Facebook-backed startup also wants to be platform agnostic and be wherever the user goes, not just WhatsApp or Instagram,
- Mar 24, 2021 05:57 PM IST
Dream Sports' valuation doubled to $5 billion in less than six months
- Mar 23, 2021 07:57 AM IST
Industrial goods marketplace will be India's fifth unicorn- billion dollar private companies- in the third month of 2021. Its valuation is set to triple from less than two years ago. Its investors includr Ratan Tata, VC firms Accel, Sequoia Capital and Tiger Global
- Mar 17, 2021 09:41 PM IST
A Credit Suisse report reveals that as many as 100 unicorns in India have a combined valuation of US$240 bn, here's a look into them, their sectors, location, valuation, and more.
- Mar 16, 2021 10:07 AM IST
Morgan Stanley may sell part of its stake for close to $100 million to Sequoia Capital’s Global Growth Fund. Till 2004, Five Star had a loan book of less than Rs 1 crore, which grew to Rs 100 crore by 2012. The lender’s real growth has come since 2012, and it has grown 20 times since.
- Mar 11, 2021 07:50 PM IST
The funding was led by existing investor B Capital Group, with participation from Greycroft, Meritech Capital Partners, Premji Invest, PSP Growth, and e.ventures.
- Mar 03, 2021 10:57 AM IST
Infra.Market ties up with contract manufacturers, gets them to utilize idle capacity and manufacture products under its own brand, which it then sells to large infrastructure companies and retail outlets. It is this distinctive template that has led it to be valued at a billion dollars, barely 20 months after its first funding round
- Feb 25, 2021 02:11 PM IST
Its other investors including Accel Partners, Nexus Venture Partners and Sistema Asia Fund invested as well.
- Feb 15, 2021 10:24 AM IST
The SaaS startup was valued at $400 million last February, when it raised $70 million from a clutch of investors including Tiger Global and Steadview Capital. Innovaccer takes millions of data points such as patient profiles, risk factors and types of disease, and channels that data to digitise solutions for hospitals, clinics and patients
- Feb 12, 2021 12:58 PM IST
If the buyout succeeds, the plan is to turn PMC into a purely digital enterprise; will also help the company source cheap capital for lending