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Startups find offshore, venture debt cheaper as volatility in equity fundraising increases

Finance

11 April, 2022

Startups find offshore, venture debt cheaper as volatility in equity fundraising increases

India’s cash guzzling startups, treading on high valuations following two consecutive years of aggressive equity fundraising, are finding offshore debt ......

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Byju's-owned Aakash Educational Services to open 75 new offline centers in 2022

Consumer

15 February, 2022

Byju's-owned Aakash Educational Services to open 75 new offline centers in 2022

Aakash Educational Services Ltd (AESL), owned by the edtech company Byju’s, is planning to unveil India’s 75 new physical centres ......

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Blackstone exploring over $100 mn deals in Indian tech startups

TMT

10 February, 2022

Blackstone exploring over $100 mn deals in Indian tech startups

The Blackstone Group plans to invest "sizeable" amounts of money Indian tech startups from its global growth fund, according to a senior executive ......

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Lightspeed eyes more bets on new themes like agritech, healthtech

Finance

31 January, 2022

Lightspeed eyes more bets on new themes like agritech, healthtech

Lightspeed, known for its bets on Byju’s, Oyo and ShareChat, expects to sharpen its focus on startups in the agritech ......

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‘We should be profitable by FY24:' LEAD co-founder Smita Deorah

Consumer

13 January, 2022

‘We should be profitable by FY24:' LEAD co-founder Smita Deorah

LEAD, formerly known as LEAD School, owned and operated by Leadership Boulevard Pvt Ltd, turned unicorn on Thursday after it raised $100 ......

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Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

TMT

10 January, 2022

Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

If last year saw India spawn 44 unicorns, or those startups with over $1 billion valuation, this year will see ......

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SoftBank-backed edtech unicorn Eruditus may invest up to $1 bn in acquisitions in 2022

Consumer

10 January, 2022

SoftBank-backed edtech unicorn Eruditus may invest up to $1 bn in acquisitions in 2022

SoftBank-backed edtech unicorn Eruditus Education Pvt Ltd plans to deploy as much as $1 billion (Rs 7,500 crore) for mergers ......

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General Atlantic eyes SaaS firms for its India portfolio

Finance

03 January, 2022

General Atlantic eyes SaaS firms for its India portfolio

US private equity (PE) firm General Atlantic hopes to make its first investment in an Indian software-as-a-service (SaaS) firm this ......

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Byju's plans to raise at least $500 mn in overseas debt

Finance

26 October, 2021

Byju's plans to raise at least $500 mn in overseas debt

Edtech unicorn Byju's is exploring the US market for high-yield loans to raise as much as $500 million through a ......

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Weekly Deals Wrap: Total transaction value jumps as M&As rebound and unicorns pop up

Finance

08 October, 2021

Weekly Deals Wrap: Total transaction value jumps as M&As rebound and unicorns pop up

Overall deal value during the week rose by almost a fifth helped by the strong bounceback in mergers and acquisitions ......