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Cred narrows FY24 loss by reining in marketing expense, revenue jumps 66%

TMT

30 September, 2024

Cred narrows FY24 loss by reining in marketing expense, revenue jumps 66%

Serial entrepreneur Kunal Shah’s fintech startup Cred managed to narrow its operating loss to Rs 609 crore in the financial ......

Africa-focused PE firm Helios leads $102 mn funding in India's M2P Fintech

TMT

24 September, 2024

Africa-focused PE firm Helios leads $102 mn funding in India's M2P Fintech

Indian banking technology infrastructure provider M2P Fintech has closed its Series D financing, raising Rs 850 crore ($102 million) in ......

Premium
Grapevine: Aragen Life, Urban Company investors weigh stake sale

General

18 September, 2024

Grapevine: Aragen Life, Urban Company investors weigh stake sale

Promoters and investors in Aragen Life Sciences, the Goldman Sachs-backed contract research organisation (CRO), plan to sell a 10% stake in a ......

SaaS unicorn BrowerStack buys bug reporting tool Bird Eats Bug

TMT

28 August, 2024

SaaS unicorn BrowerStack buys bug reporting tool Bird Eats Bug

Software-as-a-service unicorn BrowserStack, last valued at about $4 billion in 2021, has acquired Berlin-based advanced bug reporting tool Bird Eats ......

Premium
Grapevine: Blackstone ups Haldiram's offer; Fortum to sell Indian energy assets

General

30 July, 2024

Grapevine: Blackstone ups Haldiram's offer; Fortum to sell Indian energy assets

Blackstone Inc has increased its offer for a 51% stake in fast-food chain Haldiram's to approximately Rs 40,000 crore ($4.78 billion), ......

Tiger Global-backed Slice mergers with North East Small Finance Bank

Finance

04 October, 2023

Tiger Global-backed Slice mergers with North East Small Finance Bank

Fintech unicorn Slice is merging with Guwahati-based North East Small Finance Bank (NESFB) after receiving approval from the Reserve Bank ......

Insight Partners raises $118 mn to back VCs with diverse managers

Others

06 July, 2023

Insight Partners raises $118 mn to back VCs with diverse managers

Global tech investor Insight Partners has raised $118 million in its second 20/20 Vision Capital fund that aims to invest ......

Sequoia-backed Yubi buys credit analytics firm

Finance

25 May, 2023

Sequoia-backed Yubi buys credit analytics firm

Fintech unicorn Yubi on Thursday said it has bought a 100% stake in digital credit analytics company FinFort Infotech LLP, ......

Insight Partners, Georgian back Contentstack in Series C round

TMT

15 November, 2022

Insight Partners, Georgian back Contentstack in Series C round

Content experience platform Contentstack on Tuesday secured $80 million (Rs 649 crore), in a series C funding round co-led by ......

Apna's growing costs offset jump in revenue for FY22

Finance

03 November, 2022

Apna's growing costs offset jump in revenue for FY22

Tiger Global-backed jobs platform Apna's net loss widened significantly even as the company reported a 2.7x jump in its revenue ......