Ahead of its IPO, Delhivery lands ₹2,347 crore from 64 anchor investors
75% of the Delhivery IPO issue has been reserved for qualified institutional investors, 15% has been reserved for non-institutional investors, and the remaining 10% for retail investors.
Cryptocurrency exchange KuCoin raises $150Mn, now valued at $10 Billion
Cryptocurrency exchange platform KuCoin has raked in $150 Million in a fresh pre-series B fundraise. KuCoin, a fourth year startup, is now valued at a towering $10Bn.
Crypto Investment platform Koinbasket raises $2Mn in pre-seed round
Koinbasket maintains integration with multiple exchanges across the globe in order to provide its current userbase of 15 million, comprehensive data to select a set of cryptocurrencies out of the thousands available in the market.
FREED lands $2.8Mn from Inflection Point & others to help consumers eliminate large, unsecured debts
With the growth in retail credit, mounting NPAs and low recovery rates on late-stage delinquencies, FREED is attempting to solve a $15 billion NPA problem.
a16z on pace to invest $500 Mn in Indian Startups: Report
a16z will be noticing familiar venture capital competitors already boasting of a dominant presence in the Indian start-up land. Accel, Lightspeed, Sequoia and Softbank have made significant moves in the Indian market.
