Business News Startups Venture Capital Tiger Global exits Zomato, divests 1.44% stake for ₹1,124 crore Tiger Global is adding another handsome exit to its list of Indian… Soumyadeep SarkarAugust 29, 20232 minute read
News Startups Venture Capital Zerodha to pump additional ₹1000 crore in startup investment arm Rainmatter with focus on long-term backing Zerodha, the country’s leading stock broker, has decided to allocate an additional… Soumyadeep SarkarAugust 11, 20232 minute read
Gaming News Startups Venture Capital Krafton to invest $150 million in India in next 2-3 years as BGMI gets trial approval Krafton, the South Korean gaming company that gave us Battlegrounds Mobile India… Soumyadeep SarkarAugust 10, 20233 minute read
Business News Venture Capital Saudi Arabia’s PIF’s investments in SoftBank Vision Fund, other tech bets lead to $15.6Bn loss in 2022 Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), recorded… Soumyadeep SarkarAugust 7, 20232 minute read
Business News Venture Capital BlackRock to make India comeback through ‘Jio Blackrock’, a new asset management venture with Reliance’s Jio In a deal that would put India’s investment sector abuzz, BlackRock is… Soumyadeep SarkarJuly 27, 20232 minute read
Business Culture & Policy News Venture Capital Peak XV Partners will mark down the value of its Byju’s stake due to “lack of visibility” into company’s audited financials Byjus’ week just went from bad to worse, amid an unravelling flurry… Soumyadeep SarkarJuly 26, 20232 minute read
Crypto News Venture Capital CoinFund now has $158Mn for its Seed IV Fund to invest in crypto startups With the crypto world seemingly stabilising after a rather chaotic early year,… Soumyadeep SarkarJuly 18, 20232 minute read
News Startups Venture Capital Arkam Ventures targets $180 million for its second fund Early-stage VC firm Arkam Ventures – portfolio of whom houses companies such… Soumyadeep SarkarJune 27, 20232 minute read
News Venture Capital Blume Ventures announces first close of Fund 1Y at ₹200 crore Blume Ventures, known for its investments in early-stage startups, continues to make… Soumyadeep SarkarJune 22, 20233 minute read
News Startups Venture Capital Mojocare to downsize operations as investors uncover financial irregularities Amid growing demand for stronger corporate governance in India’s privaetly-funded startups, health-tech… Soumyadeep SarkarJune 19, 20232 minute read
Enterprise Global News Venture Capital Salesforce introduces AI Cloud, announces $500Mn generative AI startup fund At a time when industry giants like Google and Microsoft are doubling… Soumyadeep SarkarJune 12, 20233 minute read
Global News Venture Capital Sequoia to split into three: China, US – Europe and India – SEA businesses to become separate entities In a significant development, legendary VC firm Sequoia announced that it is… Soumyadeep SarkarJune 6, 20233 minute read
News Startups Venture Capital T. Rowe Price slashes value of its stake in Canva by 67.6% Adding to the slew of tech startup valuation markdowns, global investment management… Soumyadeep SarkarJune 3, 20232 minute read
China News Venture Capital China’s H World Group sells 0.15% stake in India’s OYO in private market In a strategic move, Chinese hospitality giant H World Group Ltd sold… Soumyadeep SarkarMay 31, 20232 minute read
News Startups Venture Capital Byju’s valuation gets a 62% mark down from Blackrock, now valued at $8.4Bn In a sign of the intensifying funding winter and challenging macroeconomic conditions,… Soumyadeep SarkarMay 30, 20232 minute read
News Startups Venture Capital Fidelity marks-down value of its Meesho investment by 10% In a global economic scenario where tech unicorn valuations are bearing the… Global Staff @ The Tech PortalMay 30, 20232 minute read
News Startups Venture Capital Vanguard marks down ride-hailing giant Ola’s valuation by 35% Vanguard, one of the lead backers behind Indian ride-hailing giant Ola, has… Global Staff @ The Tech PortalMay 10, 20232 minute read
News Startups Venture Capital Invesco cuts Swiggy’s valuation by nearly half to $5.5 Billion US-based fund manager Invesco slashed the valuation of food delivery aggregator Swiggy.… Soumyadeep SarkarMay 9, 20232 minute read
News Venture Capital Kotak, India’s 5th largest bank, defers its ₹1500 crore startup fund: Report Kotak Investment Advisors Ltd (KIAL) has decided to defer its Kotak India… Soumyadeep SarkarApril 14, 20232 minute read
Internet News Startups Venture Capital Y Combinator cuts jobs by 20%, to cut down on late-stage investments Startup-accelerator Y Combinator is joining the layoff brigade if the latest development… Soumyadeep SarkarMarch 14, 20232 minute read
Culture & Policy News Startups Venture Capital VCs step up to provide financial support to startups in the midst of SVB collapse The world of entrepreneurship is often associated with risk-taking and uncertainty, but… Soumyadeep SarkarMarch 13, 20233 minute read
News Venture Capital Nexus Ventures Partners closes its 7th and largest-ever fund at $700 million At a time when start-ups across the globe are struggling to make… Soumyadeep SarkarMarch 2, 20232 minute read
News Startups Venture Capital Blume Ventures announces final close of latest India-focused fund at over $250 million Among the oldest early-stage VC firms in Indian startup ecosystem, Blume Ventures… Soumyadeep SarkarDecember 7, 20223 minute read
News Startups Venture Capital Kae Capital closes Fund III at nearly $95 million Indian venture capital player Kae Capital became the latest firm to raise… Soumyadeep SarkarNovember 24, 20222 minute read
News Startups Venture Capital Udaan delays IPO plans, raises $120Mn in convertible notes Udaan, the B2B e-commerce unicorn, has raised an additional $120Mn in convertible… Staff@The Tech PortalOctober 27, 20221 minute read
