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Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO

TMT

08 November, 2024

Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO

Venture capital firm Peak XV Partners and Swedish fintech investor VEF are taking a haircut on their investments in BlackBuck ......

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SoftBank-backed Juspay gets a markup as valuation jumps to new high

TMT

29 October, 2024

SoftBank-backed Juspay gets a markup as valuation jumps to new high

Juspay Technologies Pvt Ltd, a payment technology platform used by companies such as BookMyShow, Swiggy, Amazon and Flipkart, has received ......

TPG's Rise Fund leads Series F funding in Eruditus at $3 bn valuation

TMT

18 October, 2024

TPG's Rise Fund leads Series F funding in Eruditus at $3 bn valuation

Edtech startup Eruditus has raised $150 million in a fresh funding round led by American private equity firm TPG’s impact ......

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Accel-backed Rentomojo recovers from pandemic slump as FY24 revenue, profit jump

TMT

14 October, 2024

Accel-backed Rentomojo recovers from pandemic slump as FY24 revenue, profit jump

Bengaluru-based furniture rental startup Rentomojo, which posted a drop in sales for two years in a row during the peak ......

Accel-backed Jetapult acquires "major" stake in Saudi-based UMX

TMT

14 October, 2024

Accel-backed Jetapult acquires "major" stake in Saudi-based UMX

Gaming startup Jetapult, which is backed by Accel, Fireside and JetSynthesys, Monday said it has acquired a “major” stake in ......

Creaegis leads Series C funding in industrial robot maker Haber

TMT

11 October, 2024

Creaegis leads Series C funding in industrial robot maker Haber

Pune-based industrial robotics startup Haber has raised $38 million (about Rs 320 crore) in a Series C round of funding ......

ICICI Venture-backed Indifi's co-founder Mahanot steps down from executive role

People

01 October, 2024

ICICI Venture-backed Indifi's co-founder Mahanot steps down from executive role

Siddharth Mahanot, co-founder of Indifi, which counts private equity firm ICICI Venture and venture capital firm Accel as investors, has stepped ......

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Grapevine: TPG-backed OneSource eyes funding; Nomura, Mizuho lead race for Avendus

General

26 September, 2024

Grapevine: TPG-backed OneSource eyes funding; Nomura, Mizuho lead race for Avendus

OneSource, a specialty pharma contract development and manufacturing firm backed by TPG Growth, is in talks with investors, including White Oak ......

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Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

General

25 September, 2024

Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

Swiggy has secured approval from Securities and Exchange Board of India (SEBI) for its initial public offering (IPO) of shares ......

Myntra co-founder Mukesh Bansal gets VC funding for new startup Nurix AI

TMT

24 September, 2024

Myntra co-founder Mukesh Bansal gets VC funding for new startup Nurix AI

Mukesh Bansal, the co-founder of e-commerce firm Myntra and fitness services company Cult.fit, has secured funding for his latest startup ......