Browsing Tag

startups

111 posts

Carl Pei’s ‘Nothing’ gets $200Mn backing, teases debut smartphone launch

Carl Pei’s Nothing has bagged a $200Mn backed by Alphabet’s venture arm EQT Ventures and Apple’s Tony Fadell for its debut smartphone launch.

Aerotime, an app that declutters calendars to enhance workplace productivity, gets seeded with $2Mn

Bengaluru based workplace optimization app Aerotime has raised $2Mn in a seed…

Edtech Physics Wallah raises $100 Mn in its first fundraise, turns unicorn

Physics Wallah, an edtech platform targeting high school and above with a…

Slice raises another $50Mn in Series C led by Tiger Global, six months after a $200Mn raise

Bangalore based Fintech startup Slice has raised $50 Mn in a fresh…

Riverwalk Holdings is the latest VC to join early-stage investing in India with a ₹150 crore debut fund

While later stage startup fundraising maybe on a downhill globally, investors aren’t…

Now Sequoia warns of “crucible moment” for startups, advises them to focus on profitability

This will not be a “V-shaped” recovery, and today’s monetary and fiscal policy tools, according to Sequoia, will force cuts in its portfolio and measures to conserve cash.

1K Kirana raises $25Mn for its hyperlocal ‘kirana’ stores aggregation platform

1K Kirana, founded by Kumar Sangeetesh, Abhishek Halder and Sachin Sharma, primarily serves as a distribution network for local departmental stores in order to alleviate their struggles of acquiring inventory at the best price available.
CarTrade

Cars24 lets go of 600 employees citing “business as usual, performance linked exits”

Indian start-up land is facing layoffs from all directions. Online used car…

Embedded credit fintech BharatX gets seeded with $4.5Mn from YC and others

Through its embedded credit platform, BharatX lets consumer convert their spends into easy EMI options, including new & innovative ways, such as ‘Pay 3’.

SoftBank hits new low, logs record loss as tech shares plummet, Vision Fund bets falter

SoftBank has failed to hit the spot on 32 out the 34 total companies on their portfolio, including major ones such as Grab and recently IPOed Paytm.

CoinDCX launches CoinDCX ventures, commits to Web3.0 ecosystem growth in India

India’s largest cryptocurrency exchange platform CoinDCX, in a display of confidence in…

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.

Neobank Kaleidofin rakes in $15 Mn in Series B, Michael and Susan Dell foundation leads

Kaleidofin has an impressive reach in the Indian market, carrying a userbase of 1.2 million across 230 districts in 14 states of India.

SaaS startup Toplyne tops up with $15Mn in Series A lead by Tiger Global and Sequoia

Toplyne currently has an impressive clientele which includes names like Canva, Grafana, Gather.Town, InVideo and BrowserStack.

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.

Neobank ‘Open’ turns unicorn after latest Series D fundraise

Bengaluru based fifth year Neobank startup Open has reportedly raised $50 Mn…
Amazon

Amazon announces $1Bn venture fund for up and coming supply chain, logistics startups

Amazon is investing $1Bn into supply chain, fulfillment and logistics innovation and further improve the customer and employee experience.

Computer vision company Spyne secures $7Mn in Series A round led be Accel

Gurugram-based deep tech and computer vision startup Spyne, has secured $7 Mn…