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Startups

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Invesco is increasing Swiggy’s valuation by 42% to $7.85 billion

In an otherwise dull tech startup fundraising environment, Swiggy is getting a…

InsuranceDekho gets $60Mn in latest Series B from MUFG, Goldman & others, its second fundraise this year

InsuranceDekho, the insurtech platform that lets consumers compare and buy insurance in…

Fast-Fashion startup Virgio, valued at $160Mn in last fundraise, announces abrupt pivot, a year after launch

When it had launched last year, it was expected that fashion platform…

B2B upstart Bizongo secures $50Mn in fresh capital

Mumbai-based B2B vendor-digitisation platform Bizongo has successfully secured a fresh $50 million…

In a first, fintech unicorn Slice and North East Small Finance Bank announce merger, RBI approves

In what is a first in India’s financial sector space, and could…
Pratilipi raises funds, expands, eyes IPO

Greylock Partners launches $1Bn fund with focus on early-stage startups

Greylock Partners has revealed its latest fund – Greylock 17 – which…
Dunzo

Dunzo co-founder Dalvir Suri, also head of B2B business, leaves firm amid restructuring

Dunzo, the embattled quick commerce startup which has been in the news…
OpenAI raises $40B, plans AI expansion

OpenAI mulls share sale, reportedly at a $80-90 Bn valuation

If media reports are to go by, OpenAI the parent for the…

Amazon to invest up to $4 billion in AI upstart Anthropic

Recent times have seen companies make moves to carve a large slice…

Google-backed Kuku FM secures $25Mn to expand audio content library, enhance tech

India’s appetite for audio content continues to rise, driven by affordable smartphones…

Flipkart could invest $15-20Mn in its new credit marketplace, spin off as a new entity

Walmart-owned Flipkart has been doubling down on developing its own offerings in…
Raveendran alleges misconduct as Byju’s struggles.

Byju’s lenders say company hid $533Mn in a Miami hedge fund that ran from a pancake shop: Report

Byju’s financial and legal concerns are continuing to mount and direct narrative…

India fintech majors Paytm and Pine Labs both launch a new payments soundbox that accepts cards via NFC

Paytm had brought in a literal revolution of sorts, when it introduced…

Indian Gaming major Nazara raises ₹100 crore from Zerodha founders

In a strategic move, Nazara Technologies’ board has given the green light…

Walmart pays $3.5Bn to buy out existing Flipkart shareholders, increases stake to over 80%

In a strategic move, American retail giant Walmart revealed that it has…

Apollo.io, the B2B sales intelligence platform for revenue teams, racks up $100Mn in Series D, valued at $1.6Bn

Apollo.io, a B2B sales intelligence platform that provides sales and marketing teams…

Zepto secures $200 million in Series E round, is India’s first unicorn in 2023

Despite questionable business models, quick commerce companies still seem to be lucrative…

Wootz.work, a global sourcing platform for engineering products, gets seeded with $3.5Mn from Matrix, Nexus VP

Wootz.work, a global sourcing platform that helps small businesses procure light engineering…