Dream11
General
Grapevine: ChrysCap nears deals for two dessert chains ; WeWork exit deal collapses
ChrysCapital is inching closer to acquire bakery and dessert chains Theobroma Foods and Belgian Waffle Co. in a deal valued ......
TMT
Dream11 set to bring another offshore investor on its captable
Tiger Global-backed Dream Sports Inc, which operates fantasy sports platform Dream11 and was last valued at about $8 billion when ......
TMT
How India's top-funded startups curbed cash burn as VC funding slowed
India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......
TMT
Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again
India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......
TMT
India's top-funded tech startups reined in FY23 losses as revenue growth slowed
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture ......
TMT
Sleuths demand $12 bn in taxes from Indian online gaming companies
Indian tax authorities have served notices to online gaming companies demanding about 1 trillion rupees ($12.03 billion) in taxes that ......
General
Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer
Hospitality firm Oyo Hotels and Rooms, operated by Oravel Stays Pvt Ltd, is in discussions with a US-based alternative asset manager to refinance a $660-million loan, a ......
General
Grapevine: Tiger Global-backed Dream11 gets $3 bn tax notice; Akums plans IPO
The Directorate General of GST Intelligence has issued pre-show cause notices to several online real money gaming companies, including fantasy ......
TMT
Government levies indirect tax on online gaming companies
India on Tuesday decided to impose a 28% indirect tax on the turnover of online gaming companies, a state minister ......
TMT
How top Indian startups raked it in from VC money parked in mutual funds, banks
Indian technology startups generated high non-operating revenue, or income from investment of surplus cash pumped in by investors in the ......
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