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Grapevine: ChrysCap nears deals for two dessert chains ; WeWork exit deal collapses

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27 September, 2024

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 ......

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Dream11 set to bring another offshore investor on its captable

TMT

25 September, 2024

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 ......

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How India's top-funded startups curbed cash burn as VC funding slowed

TMT

09 April, 2024

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 ......

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Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

TMT

03 April, 2024

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 ......

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India's top-funded tech startups reined in FY23 losses as revenue growth slowed

TMT

29 March, 2024

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 ......

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Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer

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06 October, 2023

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 ......

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Grapevine: Tiger Global-backed Dream11 gets $3 bn tax notice; Akums plans IPO

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26 September, 2023

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 ......

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How top Indian startups raked it in from VC money parked in mutual funds, banks

TMT

27 March, 2023

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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Jatin Paranjape's journey from cricket to scaling a sports startup

TMT

16 November, 2022

Jatin Paranjape's journey from cricket to scaling a sports startup

Even as a cricketer, Jatin Paranjape aspired to be a chartered accountant (CA).  He believed he had a thing for numbers. ......

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Indian gaming platforms sprint ahead despite regulatory, tax hurdles

TMT

14 October, 2022

Indian gaming platforms sprint ahead despite regulatory, tax hurdles

A looming threat of bans and increased taxation may stem the growth of online gaming firms in India. These firms, ......