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Startups

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IvyCap announces first close at $215Mn for its third fund, targets nearly $270Mn at final close

IvyCap, which relies heavily on generating capital through some of India’s strongest alumni networks, first launched in 2014 with a ₹240 crore fund.

Tim Ferriss, AngelList’s Naval Ravikant back ‘Galaxy’, a new $45Mn fund aimed at creating angel investors out of startup founders

India’s startup ecosystem has evolved rapidly over the past few years. Sheer…

Hasura, that helps devs built GraphQL APIs faster, turns unicorn with $100Mn in fresh fundraise

The unicorn craze has not left India, as homegrown startups continue to…

Bangladesh’s ’10 Minute School’ gets $2Mn from Sequoia to take quality education to country’s underdeveloped regions

10 minute school, one of the more popular edtech companies within Bangladesh,…
Pine Labs

Pine labs valued at over $5Bn after fresh $150Mn pre-IPO fundraise

Even as a US IPO is looming over the horizon, leading merchant…
sony

Sony Innovation Fund, which has made over 100 investments, hits first closing of its $215Mn fourth round

Sony, the Japanese consumer electronics behemoth, is known to lend a helping…

Social commerce platform Dealshare adds another $45Mn to ongoing round, from ADIA

Joining in the bandwagon of a slew of high-profile investors investing in…

GEM pumps $100Mn in blockchain network ‘5ire’, world’s first sustainability-focused Layer 1 blockchain project

The proceeds from the investment will be deployed towards making recruitments to expand teams across sales, marketing, product development, and other functions, as well as making investments in research and enhancing 5ire’s products.

YC-backed ‘Better Opinions’, which lets users trade on chance of an event happening, gets $1Mn in pre-seed

‘Better Opinions’, a rather unique startup that lets users trade their opinions…

Logistics upstart XpressBees turns unicorn after raising $300Mn in latest fundraise

India is back at producing unicorns by the day. And joining those…

Virtual events platform ‘Airmeet’ gets $35Mn in new round from Sequoia, Sistema Asia, others

It is an understatement to say, that offline events, conferences, seminars, workshops…

Home interior and renovation upstart Livspace is the latest addition to India’s accelerating unicorn line-up

It seems that we are seeing a replay of what happened last…

ElasticRun, looking to ease supply chain woes for India’s ‘kirana’ stores, is the latest Softbank minted unicorn

At a time when behemoths like Amazon and Walmart-owned Flipkart dominate India’s…

Satsure, a startup using satellite tech for data analytics, gets $5Mn in pre-Series A

As the human race continues to rapidly advance itself in the realms…
Paytm

Paytm sees revenue jump in Q3 2022, but losses continue to grow in first post-IPO earnings report

In a late earnings release on Friday, digital payments giant Paytm released…

Jar gets $32Mn in Series A to help India’s young invest and save money better

Fintechs have been the apple of the eye of the Indian startup…

Travel experiences startup Headout adds $30Mn to its Series B round, plans travel-tech expansion into AR, VR

COVID-19 made a mess of the travel and tourism industry as people…

Scaler gets $55Mn for its upskilling platform for tech professionals, valued at $710 Million

Scaler, an edtech upstart from India that helps tech professionals upskill themselves…

B2B ecommerce upstart Moglix valued at $2.6Bn following $250Mn fundraise

With e-commerce gaining traction like never before, it was only a matter…

Fresh $72 million funding catapults integrated SaaS HR platform Darwinbox into unicorn club

As the demand for digitization rose in the pandemic, the need for…