Chinese-funded unicorns like Paytm, Ola face users' ire
Most of these mobile applications have seen over the last one week increasing comments and lowest possible ratings from consumers.
Unacademy eyeing unicorn club as it talks for $100-150 million funding
The financing bid comes less than four months after the firm closed a ...
$150 million Series-C round catapults Postman into SaaS unicorn club
The San Francisco and Bengaluru-based company has raised $208 million in...
From Unicorn India Ventures to GrowX Ventures, Micro VCs fight for relevance as bigger funds dig in
A number of micro VC fund managers admit that the emergence of marquee VC-backed programmes over the last two years have made the startup landscape trickier to navigate, which has therefore seen them adopt niche investment strategies, and also to scout for opportunities outside the metros.
Logistics marketplace Vahak raises seed funding from Leo Capital
Vahak enables logistic companies to connect with truck owners, brokers, and other transporters pan India through its online platform.
What COVID-19 crisis means for India’s startup funding ecosystem in 2020
The COVID-19 crisis has brought a change in startup investment patterns. Venture capital firms are shifting their focus from tech-centric startups to the ones operating in sectors such as FMCG, online grocery delivery, home entertainment etc.
Unicorn closes 2nd fund at Rs 90 crore
Fund-II, which has a target corpus of Rs 400 crore, has been backed by a number of family offices and investors from the firm’s maiden Rs 100 crore fund.
A place for the unicorn, and barter for cookies: Two adorable toddlers make cameos in their mums' live interviews, win the Internet
The little ones were the best part of the interviews.
Sequoia closes $1.35-billion India venture & growth fund
This takes Sequoia Capital’s total assets under management for India to an estimated $5.4 billion, spread across the seven funds it has raised till date, and through which it invests in India and across Southeast Asia.
Byju parent makes $300 million cash offer for WhiteHat Jr
The company, which is valued at about $10.5 billion, has been on a capital raising spree over the course of the current calendar year, with a significant portion of the proceeds expected to be utilised to fund acquisitions, across markets, as it ramps up its bouquet of products, and enters new geographies.
Desi clones Roposo, Chingari, Mitron rush to fill space vacated by TikTok
Bengaluru-based Chingari has seen one million new users in the last 24 hours. As of Tuesday afternoon, it had about 3.5 million downloads.
Zomato 'Gold' becomes 'Pro' with nearly 50% more restaurants
Zomato last year became one of the targets of a #Logout campaign initiated by some restaurants for allegedly facilitating discount addiction among customers through its Gold subscription programme.
Unicorns such as Paytm, Ola, Uber keep small firms out with big pay hikes
Among top unicorn firms, including Paytm, Ola, Uber, Byju’s, Swiggy, Dream11 and Rivigo, hiring talent is at a 50% salary hike while younger firms can't go beyond a 25% hike.
Startup fraternity hails loan deferment move by RBI; some wait for banks’ implementation
This move is dedicated to giving a breather to all EMI players, many of whom are currently income-starved.
Former Google exec to help build unicorns for Saudi VC Fund
Interest in the Middle East’s nascent technology industry has been picking up after Uber last year agreed to buy Careem and Amazon.com acquired Souq.com in 2017.