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Exclusive: Peak XV, WestBridge-backed startups in merger talks

Consumer

03 November, 2023

Exclusive: Peak XV, WestBridge-backed startups in merger talks

Two startups, which count prominent private equity and venture capital firms such as WestBridge Capital, Accel, Peak XV Partners, Fireside ......

VC-backed Mamaearth's $204-mn IPO oversubscribed 7.6 times

Consumer

02 November, 2023

VC-backed Mamaearth's $204-mn IPO oversubscribed 7.6 times

The initial public offering of Honasa Consumer Ltd, which houses direct-to-consumer skincare brands Mamaearth and The Derma Co, was oversubscribed ......

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Tencent-backed Practo narrows losses in FY23, aims to accelerate revenue growth

TMT

27 October, 2023

Tencent-backed Practo narrows losses in FY23, aims to accelerate revenue growth

Tencent-backed digital healthcare platform Practo, one of the earliest entrants in the country’s health-tech sector, is looking to grow its ......

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Grapevine: Lone Star exits India JV; Peak XV-backed Neo seeks funding

General

27 October, 2023

Grapevine: Lone Star exits India JV; Peak XV-backed Neo seeks funding

Rajiv Rattan, who co-founded Indiabulls, has bought the 50% stake it didn't already own in RattanIndia Finance from its joint ......

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A91 Partners-backed logistics SaaS firm Shipsy buys Stockone

TMT

26 October, 2023

A91 Partners-backed logistics SaaS firm Shipsy buys Stockone

A91 Partners-backed Shipsy, a software-as-a-service (SaaS) logistics platform, has bought Bengaluru-based startup Stockone in a cash-and-stock deal, a top executive ......

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Mamaearth's VC backers, angel investors tweak IPO exit plan

Consumer

25 October, 2023

Mamaearth's VC backers, angel investors tweak IPO exit plan

Honasa Consumer Ltd, which houses direct-to-consumer brands Mamaearth and The Derma Co, intends to raise lower fresh capital in its ......

Peak XV's Surge unveils new cohort with 13 startups, forays into Australia

TMT

23 October, 2023

Peak XV's Surge unveils new cohort with 13 startups, forays into Australia

Surge, the rapid scale-up programme of venture capital firm Peak XV Partners (formerly Sequoia India and Southeast Asia), has unveiled ......

Peak XV signs $35 mn cheque to former Edelweiss executive's firm

TMT

18 October, 2023

Peak XV signs $35 mn cheque to former Edelweiss executive's firm

New-age wealth and asset management firm Neo Asset Management Pvt Ltd said Wednesday it has raised $35 million (around Rs ......

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SoftBank-backed Oyo may get two new investors as IPO wait stretches

TMT

05 October, 2023

SoftBank-backed Oyo may get two new investors as IPO wait stretches

Global private equity firms General Atlantic and Norwest Venture Partners are in talks to pick a secondary stake in Oravel ......

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Peak XV Partners makes modest exit from legacy tech bet

TMT

29 September, 2023

Peak XV Partners makes modest exit from legacy tech bet

Venture capital firm Peak XV Partners, formerly known as Sequoia Capital India and Southeast Asia, has completely exited one legacy ......